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Street View
$250,000
Monthly Est:$1,244
-- Bed
-- Bath
0.69acre lot
2911 E 5th Court, Panama City, FL 32401
$250,000
$1,244/moEst:
Get Pre-Approved
Unimproved Land
Built in -
$-- HOA
0.69 acre lot
$362,319/acre
Description
Prime Investment Opportunity: Seven Buildable Lots that's already CLEARED!!
Unlock the potential of this amazing 30,000 sqft (0.68-acre) parcel, perfectly positioned for immediate development!
The lot is a 100ft deep and has an impressive 300ft frontage, making it an ideal site for seven (7) individual 40' x 100' buildable lots. The best part is the lot is already zoned NEIGHBORHOOD RESIDENTIAL and per the city you could convert it to a minor subdivision, which doesn't take long!! Just $500 bucks to start the process and $50 per new addresses. That's a win-win situation for you!!
The best part about this opportunity is the ROI, the average homes in that area sold in the past few months were about 255k. The average cost to build a 1200sqft house is 110k-130k. That leaves a lot of equity built into each home!! Now, do the math and times that by 7! Wouldn't you say that's worth it?
Also, because the property has exceptional versatility, another option could be to build 3-Duplex units and cash flow or resell. ''The world is your oyster'' on this one.
Don't miss your chance to secure a strategic cash flow opportunity.
- Houzeo last checked: 28 minutes ago
- Listing updated: October 21, 2026 at 9:41 pm
- Listing Provided by: Ramone C Silvera (954) 330-3095 | Watersound Real Estate (850) 213-5097
- Source: Bay/Panama City/Central Panhandle MLS-FL | MLS#: 781653
Property Details
Status
Active
Type
Land
No. of Stories
-
County
City
Neighborhood
Year Built
-
HOA Fees
-
Finished Area
- sqft
Lot Size
0.69 acre lot
Basement Area
- sqft
MLS Name
Bay/Panama City/Central Panhandle MLS
MLS Number
781653
MLS Status
Active
Days on Market
349
Cumulative Days on Market
341
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Sewer
Public Sewer
Utilities & Energy
Utilities
Sewer Available
Other Features
Subdivision Name
No Named Subdivision
Price History
| Date | Event | Price |
|---|---|---|
08/13/2026 Source: | Price Decreased | $250,000 -5.30% $0/sqft |
07/08/2026 Source: | Price Decreased | $264,000 -0.38% $0/sqft |
04/20/2026 Source: | Price Decreased | $265,000 -11.37% $0/sqft |
11/14/2025 Source: | Price Increased | $299,000 +8.73% $0/sqft |
11/14/2025 Source: | Listed for Sale | $275,000 $0/sqft |
Millville Ranks #23 in Panama City, FL
Homes
Rental Prices
Median Home Price
Getting Around 2911 E 5th Court
Bike Score®
Somewhat Bikeable
45/100
Walk Score®
Somewhat Walkable
62/100
Data provided by Redfin
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Based on information from Central Panhandle Association of REALTORS® MLS through Oct 30, 2026, 03:00AM. 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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