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2911 E 5th Court

Panama City, FL 32401
  • $264,000
  • STATUS: Active
  • ON SITE: 236 Days
  • MLS #: 989803
Price Reduced
UPDATED: 7 min ago
$264,000
  • 0
    BEDS
  • 0.69
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:
Bay
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Prime investment opportunity: six cleared and buildable lots ready for immediate development. This 30,000-sqft parcel offers a 100-ft depth and an impressive 300-ft frontage, allowing six individual 50' x 100' lots. The property is already rezoned, and the city confirms no subdivision conversion is required—simply install a front culvert for drainage. With local homes recently selling around $255K and build costs for a 1,200-sqft home averaging $110K-$130K, each project offers strong equity and compelling ROI. Multiply that potential by six and the profit becomes undeniable. The land also supports alternative strategies, including three duplexes for long-term cash flow or resale. Don't miss this versatile, high-return opportunity.

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© 2026 Emerald Coast Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Christie's International Real Estate Emerald Coast. Vendor Member number: 28178. Data last updated: 2026-07-12T20:00:42.21.
Vendor Member #28178.
www.30afineliving.com/homes/170024361
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2911 E 5th Court Panama City, FL 32401

  • Price: $264,000
  • Status: Active
  • On Site: 236 Days
  • Updated: 7 min ago
  • MLS #: 989803
0
Beds
0
Baths
0
½ Baths
0.69
Acres
Neighborhood:
No Recorded Subdivision
County:
Bay
Area:
Bay County
Elementary School:
Cedar Grove
Middle School:
Rutherford ( Middle )
High School:
Rutherford
Property Description
Prime investment opportunity: six cleared and buildable lots ready for immediate development. This 30,000-sqft parcel offers a 100-ft depth and an impressive 300-ft frontage, allowing six individual 50' x 100' lots. The property is already rezoned, and the city confirms no subdivision conversion is required—simply install a front culvert for drainage. With local homes recently selling around $255K and build costs for a 1,200-sqft home averaging $110K-$130K, each project offers strong equity and compelling ROI. Multiply that potential by six and the profit becomes undeniable. The land also supports alternative strategies, including three duplexes for long-term cash flow or resale. Don't miss this versatile, high-return opportunity.
Exterior Features

Construction Materials [] Foundation Details [] Roof [] View []

Property Features

Association Fee Includes [] Buyer Financing [] Community Features [] Fencing [] Financing Bond Money AvailableConventionalFHAVA Is Subject Leased No Lot Features [] Lot Size Dimensions 300*100 Other Equipment [] Other Structures [] Property Sub Type Unimproved Land Road Frontage Type [] Road Surface Type [] Special Listing Conditions [] Utilities [] Utility Info Public Sewer Water Source [] Waterfront Features [] Zoning Info See Remarks

Listing courtesy of Salty Marlin Realty: 850-615-2406.



© 2026 Emerald Coast Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Christie's International Real Estate Emerald Coast. Vendor Member number: 28178. Data last updated: 2026-07-12T20:00:42.21.
Vendor Member #28178.
 
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Christie's International Real Estate Emerald Coast
3557 E. Co. Hwy 30A
Santa Rosa Beach FL, 32459