$120,000

2512 Joan Avenue, Panama City, FL 32408

Land
Built in ——
0.27acre lot
—— car garage
$——/sqft
Listed 1 month ago

Property 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)

Listing Status:: Active
Date Added:: February 12, 2026
Data Last Updated:: April 2, 2026 at 7:18AM
Listing Office:: Bluewater Realty of Bay County Inc : 850-832-0950
MLS ID:: 785134

Originating MLS: CPAR_CPAR
County: Bay

Zoning: 6 4S 15W UP -11.228- 58B2 LAGOON HEIGHTS UNREC S1/2 LOT 5 BLK 4 ORB 4525 P 71430224-000-000

Source: CPAR_CPAR

This listing courtesy of Bluewater Realty of Bay County Inc

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
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Location

Schools Nearby

Breakfast Point Academy

601 N Richard Jackson Blvd, Panama City Beach, FL, 32407

Grades KG-8

2.25 miles away

Breakfast Point Academy

601 N Richard Jackson Blvd, Panama City Beach, FL, 32407

Grades KG-8

2.25 miles away

J.R. Arnold High School

550 N Alf Coleman Rd, Panama City Beach, FL, 32407

Grades 9-12

2.51 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.