1009, 1005 E 24th Plaza, Panama City, FL 32405

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Sold Price
$185,000
List Price
$220,000
Closing Date
May 11, 2026
MLS#
782967
Status
CLOSED
Type
Land
Subtype
Unimproved Land
Lot Size
84,942
Neighborhood
Bay - Central NE

Property Description

DEVELOPMENT OPPORTUNITY to acquire two adjoining parcels being sold together, offering flexibility for a variety of development strategies. With zoning that allows up to 5 dwelling units per acre across both parcels, this property presents a strong play for builders, developers, and investors alike. Whether your vision is single-family residences, townhomes, or a small multifamily project, this site provides the density and layout to bring it to life. The combined acreage allows for thoughtful site planning, efficient use of space, and multiple exit strategies depending on market demand. Located in an area experiencing continued growth and demand, this property is well-suited for those looking to capitalize on a scalable development opportunity. Utilities nearby (buyer to verify), favorable zoning, and the ability to develop multiple units make this an ideal addition to any development pipeline. Opportunities like this—where flexibility meets density—are becoming increasingly hard to find. Bring your plans, your architect, and your vision. Buyer to verify zoning, density, and development feasibility with County and in their own due diligence.

Additional Information

Acres
1.95
Elementary School
Hiland Park
High School
Bay
Lot Dimensions
Irregular
Middle School
Mowat
Neighborhood
Bay - Central NE
Subdivision
No Named Subdivision

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Calculator source: Real Geeks

Listing courtesy of Think Real Estate. Selling Office: Beachy Beach Real Estate.