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Street View
$120,000
Monthly Est:$597
-- Bed
- -- Bath
0.27acre lot
2512 Joan Ave, Panama City, FL 32408
$120,000
$597/moEst:
Get Pre-Approved
Unimproved Land
Built in -
$-- HOA
0.27 acre lot
$444,444/acre
Description
Prime Development Opportunity in Panama City Beach - Short Term Rental District
This parcel is one of four adjacent properties being offered together as a package sale, creating a rare development opportunity in a high-demand short term rental area of Panama City Beach. Collectively, the four parcels total approximately 1.79 acres and offer the potential to develop up to 16 single family homes (buyer to verify zoning, density, and development requirements).
All parcels in the assemblage feature 250 feet of road frontage on Joan Avenue and 100 feet of frontage on Lagoon Knoll, providing excellent access and design flexibility for future development. The parcels have utilities available, reducing upfront development hurdles and making this an attractive site for builders and investors focused on vacation rental or residential income properties.
Located just minutes from the beaches, popular restaurants, shopping and entertainment, this property sits in an area consistently sought after by visitors and second-home buyers alike.
Property Highlights:
*Part of a 4-parcel assemblage being sold together
*Total combined acreage approx. 1.79 acres
*Located in a short-term rental friendly area (buyer to verify local regulations)
*Potential for up to 16 single-family homes across all parcels
*250' frontage on Joan Ave. & 100' on Lagoon Knoll (The assemblage)
*Utilities available
*close to beach access, dining, attractions, and shopping
*Ideal for developers, builders and short-term rental investors
A rare chance to secure a well-located development footprint in one of Florida's most active vacation rental markets.
(Buyer to verify all zoning, density, utilities, short-term rental regulations, and development feasibility)
- Houzeo last checked: 11 minutes ago
- Listing updated: May 30, 2026 at 4:01 am
- Listing Provided by: Alisa A Duren (850) 832-0950 | Bluewater Realty of Bay County Inc (850) 832-0950
- Source: Bay/Panama City/Central Panhandle MLS-FL | MLS#: 785134

Property Details
Status
Active
Type
Land
No. of Stories
-
County
City
Neighborhood
--
Year Built
-
HOA Fees
-
Finished Area
- sqft
Lot Size
0.27 acre lot
Basement Area
- sqft
MLS Name
Bay/Panama City/Central Panhandle MLS
MLS Number
785134
MLS Status
Active
Days on Market
265
Cumulative Days on Market
107

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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Other Features
Lot Features
Paved
Subdivision Name
Lagoon Heights
Price History
| Date | Event | Price |
|---|---|---|
02/12/2026 Source: | Price Decreased | $100,000 -16.67% $0/sqft |
02/12/2026 Source: | Listed for Sale | $120,000 $0/sqft |
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Based on information from Central Panhandle Association of REALTORS® MLS through Nov 04, 2026, 11:15PM. 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®
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