2911 E 5th Court, Panama City, FL 32401
Land 
Built in —— 
0.69acre lot
—— car garage 
$——/sqft 
Listed 6 months ago
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.
- Listing Status:
- Active
- Date Added:
- November 17, 2025
- Data Last Updated:
- May 24, 2026 at 6:23PM
- Listing Office:
- Salty Marlin Realty : 850-615-2406
- Listing Agent:
- Ramone C Silvera : 954-330-3095
- MLS ID:
- 989803
- Zoning: 23280-000-000
- Source: Emerald Coast Association of REALTORS®
This listing courtesy of Ramone C Silvera , Salty Marlin Realty
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
