W 12th St, Panama City, FL 320401

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Income/MultiFamily

$780,000 Built: N/A

N/A N/A N/A

Type of PropertyIncome/MultiFamily

Style of PropertyN/A

Property Area

Living Area

Price per Ft²N/A

PetsN/A

WaterfrontN/A

PoolN/A

FurnitureN/A

Property description of Income/MultiFamily

Exceptional development opportunity in panama city, florida! This 5. 11-acre mu-2 zoned property offers the potential to build up to 51 multifamily units by right, with additional density possible under florida’s live local act. The site features paved road frontage on w 12th street, utilities nearby, and close proximity to w 15th street, the area’s main commercial corridor with shopping, schools, and public transportation. Environmental and geotechnical studies are complete, showing no recognized environmental concerns. Existing natural pond and wetlands delineated for future planning. Please contact the listing agent for full offering memorandum, survey, phase i esa, and other due diligence files.

Exterior Features

No information about Exterior Features.

Interior Features

No information about Interior Features.

Amenities

No information about Amenities.

Equipment/Appliances

No information about Equipment/Appliances.

Property Features

Name

MLSA11837641

ForeclosureN/A

Short SaleN/A

Parking

Parking Restrictions

Parking Spaces

Approx. Ft²

Approx. Lot Size450x495

Boat DockUnimproved Business/Commercial, Unimproved Hotel/Motel, Unimproved Multi Family (5+Units)

Last Update37 days

Pet Restrictions

Floor Number

Cooling Description

Heating Description

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Construction

Flooring Type

Maintenance Fees

Taxes$6,650

Property contact form

Gladys Martinez PA305-321-7889gmrealtor7@gmail.com

MLS Data Source: Miami Association of REALTORS. Copyright SEFMLS © 2025
Listing is a courtesy of United Realty Group Inc. Office (broker@urgfl.com, 954-450-2000). Agent (damaso@MiamiLuxHome.com, 305-776-3951).
Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited, is a violation of the terms of use, and may violate federal and state law.

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Gladys Martinez - Real Estate Sales AssociateCompass Florida, LLC. NAR Realtor

Gladys Martinez is a real estate agent affiliated with Compass Florida, LLC.. Compass Florida, LLC. is a licensed real estate broker and abides by equal housing opportunity laws. All material presented herein is intended for informational purposes only. information is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. no statement is made as to accuracy of any description. All measurements and square footages are approximate. This is not intended to solicit property already listed. Nothing herein shall be construed as legal, accounting or other professional advice outside the realm of real estate brokerage.