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401 N Kimbrel Avenue, Panama City, FL 32404

Panama City
Local realty services provided by:CENTURY 21 Beggins Enterprises
401 N Kimbrel Avenue,Panama City, FL 32404
$8,000,000
Virtual Tour
  • 16.54 Acres
  • Lots / Land
  • Active
Listed by: catriese m johnson
Office: coldwell banker realty
MLS#:754214
Source:FL_BCMLS

Price summary

  • Price:$8,000,000

About this home

LOCATION! LOCATION! LOCATION! Discover an exceptional opportunity with this 16.53-acre parcel situated at 401 N Kimbrel Avenue in the dynamic and developing Panama City, Florida. Boasting a prime location that is conveniently close to educational institutions, recreational areas, and vital employment hubs, including Tyndall Air Force Base, this site is ideal for developers looking to respond to the city's current and future housing needs. The property offers ample space for a significant multi-family residential project, with zoning classification R5-A, which allows for the construction of up to 25 residences per acre. The max allowable units in this location is 413. We are excited to welcome investors to the market for a development-ready project after Seller has completed the initial work and preparation. The potentially 400 door multifamily development has been cleared. The 16.5 acre parcel is situated along the major thoroughfare in the area, Highway22 and also connects to...

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Home facts

  • Listing ID #:754214
  • Added:828 day(s) ago
  • Updated:June 20, 2026 at 03:04 PM

Structure and exterior

  • Lot area:16.54 Acres

Finances and disclosures

  • Price:$8,000,000
The information being provided by Central Panhandle Association Of REALTORS® is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Central Panhandle Association Of REALTORS®. CENTURY 21 Beggins Enterprises is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Beggins Enterprises, a broker participant of Central Panhandle Association Of REALTORS®. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Central Panhandle Association Of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Properties in listings may have been sold or may no longer be available. Copyright 2026 Central Panhandle Association Of REALTORS®. All rights reserved.

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