$139,000

1941 E 7th Street, Panama City, FL 32401

  • Property Icon Single-Family Home
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon0.39acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 11 days ago

Property Description

Prime infill development opportunity in the City of Panama City. Per recent confirmation from the City, this parcel is zoned Neighborhood Residential and can be divided into 40-foot wide lots based on the current dimensions (approx. 215' of frontage), allowing for up to five buildable lots along Elm Street, with the corner section sized larger. Setbacks in this zoning district are approximately 7-20 feet front, 5 feet side, and 15 feet rear, giving builders a comfortable building envelope on each new lot. The City has also verified that the existing utilities in Elm Street have capacity to support up to five additional units at this location, making it an attractive option for a small subdivision of new single family homes or a mix of single family and duplex product, subject to standard subdivision and development approvals. Whether you are a builder looking to create multiple new homes or a developer planning a small infill project, the groundwork with zoning, minimum lot width, setbacks, and utility capacity has already been confirmed with the City. Buyer to independently verify all development plans, subdivision requirements, and approvals to their own satisfaction.

Listing Status:
Active
Date Added:
December 4, 2025 at 06:00AM
Listing Office:
EXP Realty LLC : 888-883-8509
MLS ID:
782319
  • Originating MLS: CPAR_CPAR
  • County: Bay
  • Zoning: 3 4S 14W-211-105A3 BEG 475' W OF SE COR OF SW1/4 W 70' N 244' E 70' S 244' TO BEG ORB 4435 P 64264465216027-000-000
  • Utilities: Sewer Available
  • Source: CPAR_CPAR

This listing courtesy of EXP Realty LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

M

Merriam Cherry Street Elementary School

1125 Cherry St, Panama City, FL, 32401

Grades PK-5

1.15 miles away

J

Jinks Middle School

600 W 11th St, Panama City, FL, 32401

Grades 6-8

2.06 miles away

R

Rosenwald High School

924 Bay Ave, Panama City, FL, 32401

Grades 6-12

0.50 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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