USAFLPanama CityNo Named Subdivision2911 E 5Th Ct
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$275,000

For Sale

5 months ago

2911 E 5Th Ct, Panama City, FL

House

MLS® 781653

0 Bed

0 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type Unimproved Land
Levels Land
Size -
Garage 
Taxes $1,097
Days Active 152
Lot Size 
Approx. Age 
MLS® Number 781653

Property Address: 2911 E 5th Ct, Panama City, FL, 32401-5213

Average square foot calculated using Size range provided by listing agent.

Description

Prime Investment Opportunity: Six 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 six (6) individual 50' x 100' buildable lots. The best part is the lot is already re-zoned and per the city you don't have to convert it to subdivision, which has the potential of you just putting in a culvert in the front for drainage. A win-win situation!! 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 6! 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.
MLS® Number781653
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Nov 14, 2025List Date
$275,000List Price
  • Commute

Commute

Starting Address
Destination Address
2911 E 5Th Ct, Panama City, FL

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