2431 Game Farm Road, Panama City, FL 32405
Local realty services provided by:CENTURY 21 First Story Real Estate
2431 Game Farm Road,Panama City, FL 32405
$690,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: diane rushing
Office: anchor realty florida
MLS#:791909
Source:FL_BCMLS
Price summary
- Price:$690,000
About this home
Prime Multi-Family Development Opportunity - R2 Zoning | Approx. 1.92 Acres
Exceptional investment and development opportunity in a growing area. This approximately 1.92-acre parcel is zoned R2 Multi-Family and allows up to 15 units per acre, supporting a potential development of up to 23 residential units (subject to final engineering, site plan approval, and municipal review).
The property offers approximately 306 feet of frontage and features a favorable layout suitable for a townhome, apartment, or multifamily residential project. Preliminary conceptual planning demonstrates the potential for a 23-unit development with internal access, parking, landscaped common areas, and open space.
Development-friendly zoning requirements include:
• Front setback: 20 feet
• Side setbacks: 5 feet
• Rear setback: 10 feet
• Multi-family residential use permitted
Located in an area experiencing continued residential growth, this site provides an excellent opportunity for builders, developers, and investors seeking to capitalize on strong housing demand. Utilities availability, zoning regulations, density allowances, and development potential should be independently verified by purchaser.
Rare opportunity to acquire a multi-family development site with conceptual plans already demonstrating the property's density potential. Bring your vision and unlock the value of this strategically positioned parcel.
Buyer to verify all zoning, density, utility availability, permitting requirements, and development feasibility. Proposed site plan is AI Generated....
Contact an agent
Home facts
- Listing ID #:791909
- Added:1 day(s) ago
- Updated:June 27, 2026 at 02:48 AM
Structure and exterior
- Lot area:1.92 Acres
Schools
- High school:Bay
- Middle school:Mowat
- Elementary school:Hiland Park
Utilities
- Sewer:Sewer Available
Finances and disclosures
- Price:$690,000
New listings near 2431 Game Farm Road
- New
$389,000Active1 beds 1 baths743 sq. ft.11347 Front Beach Road #706, Panama City, FL 32407
MLS# 791938Listed by: BEACH HOUSE SALES AND DEVELOPMENT - New
$154,500Active2 beds 1 baths810 sq. ft.511 Harlem Avenue, Panama City, FL 32401
MLS# 791936Listed by: COASTAL CHOICE REALTY LLC - New
$349,900Active2 beds 2 baths1,000 sq. ft.6909 N Lagoon Drive #E2, Panama City, FL 32408
MLS# 791932Listed by: BEACHY BEACH REAL ESTATE - New
$220,000Active3 beds 2 baths1,456 sq. ft.2218 E 2nd Street, Panama City, FL 32401
MLS# 791922Listed by: REALTY ONE OF NORTHWEST FLORIDA LLC - New
$285,000Active4 beds 3 baths2,178 sq. ft.8137 Betty Louise Drive, Panama City, FL 32404
MLS# 791924Listed by: KELLER WILLIAMS SUCCESS REALTY - New
$349,000Active2 beds 2 baths1,322 sq. ft.2602 Mystic Lane #PO31, Panama City, FL 32408
MLS# 791926Listed by: ANCHOR REALTY FLORIDA - New
$459,000Active2 beds 2 baths1,015 sq. ft.6505 Thomas Drive #314, Panama City, FL 32408
MLS# 791928Listed by: BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA - New
$239,900Active1 beds 1 baths580 sq. ft.6909 N Lagoon Drive #B3, Panama City, FL 32408
MLS# 791907Listed by: COLDWELL BANKER REALTY - New
$439,900Active4 beds 3 baths2,204 sq. ft.2902 Short Tail Court, Panama City, FL 32405
MLS# 791914Listed by: REALTY ONE GROUP EMERALD COAST