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    centralbayrealestate@gmail.com
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      732 Ohio Ave
      Lynn Haven, FL 32444
      (850) 257-5016
      centralbayrealstate@gmail.com

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        $299,000
        For Sale

        2911 E 5th Court

        Panama City, FL 32401
        0.69 acres | #989803
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        9 photos
        Type:Purchase
        Structure:Land
        Zone:Residential

        Description

        Prime investment opportunity: six cleared and buildable lots ready for immediate development. This 30,000-sqft parcel offers a 100-ft depth and an impressive 300-ft frontage, allowing six individual 50' x 100' lots. The property is already rezoned, and the city confirms no subdivision conversion is required--simply install a front culvert for drainage. With local homes recently selling around $255K and build costs for a 1,200-sqft home averaging $110K-$130K, each project offers strong equity and compelling ROI. Multiply that potential by six and the profit becomes undeniable. The land also supports alternative strategies, including three duplexes for long-term cash flow or resale. Don't miss this versatile, high-return opportunity.

        • Property Details
            • SubdivisionNO RECORDED SUBDIVISION
            • Middle SchoolRutherford ( Middle )
            • Elementary SchoolCedar Grove
            • Property SubtypeVacant Land
            • High SchoolRutherford
            • Property TypePurchase
            • Lot Size300*100
            • MLS #989803
            • Cost299000
            • MLS #989803
            • Acres0.69

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        Information deemed reliable but not guaranteed. The information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.


        Last Updated: Today at 6:19 PM. Source: ECAR

        Provided By
        Listing Agent: Ramone C Silvera (#E31921)
        Listing Office: Salty Marlin Realty (#ESMN)

        Tishawn PackardReal Estate Group
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