For Sale
Price CutPrice Drop: $10K (09/14)
Land for sale at 1427 1st Street, Panama City, FL 32409 | MLS# 792475 | Listing updated on 2026-09-14
Photo 1 of Land for sale at 1427 1st Street, Panama City, FL 32409 | MLS# 792475 | Listing updated on 2026-09-14
Photo 2 of Land for sale at 1427 1st Street, Panama City, FL 32409 | MLS# 792475 | Listing updated on 2026-09-14
Photo 3 of Land for sale at 1427 1st Street, Panama City, FL 32409 | MLS# 792475 | Listing updated on 2026-09-14
Photo 4 of Land for sale at 1427 1st Street, Panama City, FL 32409 | MLS# 792475 | Listing updated on 2026-09-14
2+
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$119,000

Monthly Est:$592

  • Beds Icon-- Bed
  • Beds Icon
    -- Bath
  • Beds Icon0.68acre lot

1427 1st Street, Panama City, FL 32409

$592/moEst:

Get Pre-Approved

  • Unimproved Land

  • Built in -

  • $-- HOA

  • 0.68 acre lot

  • $175,000/acre

Description

Excellent development opportunity at 1427 1st Street in Panama City -- four buildable residential lots, each 50' x 150', zoned R-2 in Bay County. Located in Flood Zone X, and with water already available, this property helps simplify and speed up the building process. R-2 zoning allows for single family, duplex, townhomes, or manufactured homes, offering outstanding flexibility for builders and investors. Whether you're looking to build spec homes for investment or duplexes to rent, this is an ideal opportunity in a growing area of Panama City.

  • Houzeo last checked: 18 minutes ago
  • Listing updated: September 14, 2026 at 12:06 pm
  • Listing Provided by: The Sanchez Group (850) 890-6262 | Think Real Estate (850) 270-4200
  • Source: Bay/Panama City/Central Panhandle MLS-FL | MLS#: 792475 Bay/Panama City/Central Panhandle MLS-FL

Property Details

  • Status

    Active

  • Type

    Land

  • No. of Stories

    -

  • County

    Bay County

  • City

    Panama City

  • Neighborhood

    --

  • Year Built

    -

  • HOA Fees

    -

  • Finished Area

    - sqft

  • Lot Size

    0.68 acre lot

  • Basement Area

    - sqft

  • MLS Name

    Bay/Panama City/Central Panhandle MLS

  • MLS Number

    792475

  • MLS Status

    Active

  • Days on Market

    73

  • Cumulative Days on Market

    66

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Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedroom: --

    Bathroom: --

Other Features

  • Subdivision Name

    [no Recorded Subdiv]

Price History

DateEventPrice

08/19/2026

Source: mls_logoBay/Panama City/Central Panhandle MLS-FL #792475

Pending

$119,000

$0/sqft

08/19/2026

Source: mls_logoBay/Panama City/Central Panhandle MLS-FL #792475

Listed for Sale

$119,000 -7.75%

$0/sqft

07/30/2026

Source: mls_logoBay/Panama City/Central Panhandle MLS-FL #792475

Price Decreased

$129,000 -7.19%

$0/sqft

07/10/2026

Source: mls_logoBay/Panama City/Central Panhandle MLS-FL #792475

Price Decreased

$139,000 -6.71%

$0/sqft

07/10/2026

Source: mls_logoBay/Panama City/Central Panhandle MLS-FL #792475

Listed for Sale

$149,000

$0/sqft

Based on information from Central Panhandle Association of REALTORS® MLS through Sep 22, 2026, 06:15AM. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2026 Bay Central Panhandle Association of REALTORS®

Advertising Broker: Moe Mossa (Savvy Avenue) | Savvy Avenue, LLC

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