W 12th, Panama City, FL 320401
Local realty services provided by:CENTURY 21 Move With Us
Listed by: damaso medina
Office: united realty group inc
MLS#:A11989551
Source:FL_RAMC
Price summary
- Price:$780,000
About this home
Prime development opportunity in Panama City. This parcel allows for residential development with current zoning supporting up to 10 units per acre, with a maximum potential of approximately 51 units (subject to buyer’s verification).
Additionally, the property may qualify for increased density under Florida’s Live Local Act, which can allow for significantly higher density when developing qualifying affordable or workforce housing projects, subject to local approvals and compliance requirements.
The site may also be eligible for incentives under the Low-Income Housing Tax Credit (LIHTC) program, offering potential tax advantages for developers.
Strategically located near key roads, employment centers, and growing residential demand, this property presents a compelling opportunity for builders and investors.
Buyer to verify zoning, density, utilities, and eligibility for all incentives.
Contact an agent
Home facts
- Listing ID #:A11989551
- Added:10 day(s) ago
- Updated:September 11, 2026 at 03:50 PM
Structure and exterior
- Lot area:5.11 Acres
Utilities
- Water:Public Water, Water Available, Water Connected
- Sewer:Sewer Available
Finances and disclosures
- Price:$780,000
- Tax amount:$6,650 (2025)
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