5405 Olympia Drive, Panama City, FL 32404

$145,000

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Sold Price: $145,000
List Price: $149,700
Closing Date: Mar 13, 2026
MLS#: 780710
Status: CLOSED
Type: Land
Subtype: Unimproved Land
Lot Size: 276,170

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Property Description

BEAUTIFUL, GREEN ACRES IN PANAMA CITY - ENDLESS POTENTIAL AND FREEDOM! This cleared property offers the perfect blend of tranquility and convenience, with just a little over 25 miles to the white sandy Gulf Coast beaches, and proximity to Pier Park in Panama City Beach for shopping, dining, and family fun. Located only 17 miles from Tyndall Air Force Base and 10 miles from the heart of Panama City, it's an ideal location for those seeking a peaceful escape without sacrificing access to modern amenities. With R-2 zoning, the property offers fantastic flexibility for future use, including the potential for duplexes or manufactured homes. According to the seller, there are no HOA fees or restrictions, making it an excellent opportunity to build or create a private haven. The property was previously used for horses and although the barn has been removed, the open space is ready for new possibilities. An additional small piece of land is available along John Pitts adding even more potential. Note that utilities are not currently on-site. Buyer to verify all information and dimensions as well as zoning to their satisfaction.

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Additional Information

Acres: 6.34
Elementary School: Tommy Smith
High School: Rutherford
Lot Dimensions: Irregular
Lot Features: Paved
Middle School: Merritt Brown
Subdivision: Rolling Hills
Utilities: None
Zoning: Resid Single Family, Mobile Home