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1014 Mercedes Avenue, Panama City
$260,000
789657 MLS
HUGE INVESTMENT POTENTIAL!! Positioned in a prime location in the heart of Panama City, this exceptional 2.5-acre corner parcel offers unlimited potential for developers, investors, and business owners alike. Located in an opportunity zone. Zoned Mix Use 3, the property is ideally suited for medium to high-density residential development combined with professional offices, educational facilities, and low-intensity neighborhood commercial uses. Multifamily development opportunities allow for up to 20 units per acre, creating incredible possibilities for apartments, townhomes, mixed-use concepts, or a live/work community. Extensive due diligence has already been completed, including an environmental/ecological site assessment, GEO-technical engineering report, boundary and topographical survey, and wetland survey--saving valuable time and expense for future development. With its highly visible corner location, strong development flexibility, and convenient access to shopping, dining, medical facilities, and major thoroughfares, this parcel is perfectly positioned for growth and long-term value. Whether you are looking to develop multifamily housing, professional office space, educational facilities, or a mixed-use investment project, this property presents a rare opportunity in one of the area's most desirable and rapidly growing locations. All measurements and items of importance are to be confirmed by buyer or buyer agent.

1014 Mercedes Avenue, Panama City

12109 Caruso Drive, Panama City
$37,000
789646 MLS
Welcome to 12109 Caruso Drive in Panama City, Florida -- an approximately 0.97-acre homesite with an approved Environmental Resource Permit already in place for a single-family home, pool, garage, yard, and driveway. What does that mean for you? It means the current owner has already gone through the lengthy and expensive environmental permitting process that many buyers don't realize can take months -- sometimes over a year -- to complete. Surveys, environmental studies, wetland evaluations, engineering plans, and mitigation requirements have already been addressed, potentially saving a future buyer significant time, stress, and thousands of dollars in upfront costs. Instead of starting from scratch, you can move forward with a property that already has a development plan approved through the state for a homesite with room for outdoor living and a pool. Public water and sewer are available at the road, along with electric access, making the building process even more convenient. The property offers a peaceful, natural setting while still being close to shopping, schools, dining, and everything Bay County has to offer. Whether you are planning your forever home, a private getaway, or simply investing in land for the future, this parcel offers flexibility and opportunity. Even better -- the seller is offering owner financing with only $14,000 down, making it easier to secure land now without traditional bank financing. Build sooner. Skip months of permitting headaches. Save money on upfront environmental work. And start creating your vision on a property that is already one step ahead.

12109 Caruso Drive, Panama City

3303 Terra Cotta Drive, Panama City
$395,000
789572 MLS
Welcome to an extraordinary opportunity inside the prestigious gated waterfront community of Finnisterre -- one of Bay County's most exclusive luxury neighborhoods. Situated along the sparkling waters of St. Andrews Bay, this rare waterfront homesite at 3303 Terra Cotta offers a breathtaking setting to build a true coastal masterpiece. Surrounded by elegant custom homes, lush tropical landscaping, and winding private streets, Finnisterre is renowned for its upscale atmosphere, stunning architecture, and unmatched waterfront lifestyle. Residents enjoy beautifully maintained common areas, a private and peaceful setting, and a sense of luxury that is immediately felt the moment you enter the neighborhood. These exceptional lots feature expansive water views and a unique peninsula-style setting that creates an incredible sense of privacy and exclusivity. Boaters will appreciate the prime location just minutes from the Pass, providing quick and convenient access from St. Andrews Bay directly to the Gulf of America for world-class fishing, boating, waterfront dining, and endless days on the water. Whether you envision a luxury coastal estate with panoramic bay views, a private retreat surrounded by nature, or the ultimate entertaining property, this homesite offers a rare combination of beauty, location, and lifestyle that is becoming increasingly difficult to find along the Emerald Coast. Enjoy the perfect blend of tranquility and convenience while remaining close to premier marinas, golf courses, shopping, dining, and the white sand beaches that make Northwest Florida famous. Luxury waterfront opportunities like this in Finnisterre are exceptionally rare.

3303 Terra Cotta Drive, Panama City

462 E Highway 20, Panama City
$135,000
789453 MLS
Discover a rare opportunity to own nearly two acres of waterfront property , a boatable, spring fed lake known for its clear water, white sandy bottom, and pristine shoreline. Whether you are looking for adventure or relaxation, this property offers it all. Spend your days boating, fishing, wakeboarding, jet skiing, canoeing, or paddleboarding, or simply unwind and take in the peaceful lake views from your own backyard. With no HOA restrictions, you have the freedom to bring your vision to life. Build your dream home or create the perfect private weekend getaway. Tucked away from the hustle and bustle, Little Island Pond offers a quiet, laid back setting where properties like this rarely come available. Do not miss your chance to secure a unique slice of waterfront paradise.

462 E Highway 20, Panama City

00 Stephens Drive, Panama City
$120,000
789404 MLS
Gorgeous 0.626-acre waterfront lot with access to the Gulf, offering an exceptional opportunity to build your dream home in a beautiful, serene setting, with no HOA restrictions. This spacious parcel provides ample room for a custom residence, outdoor living areas, and thoughtfully designed landscaping. Whether you envision a modern retreat, a traditional family home, or a peaceful coastal getaway, this property serves as the perfect canvas to bring your vision to life. Enjoy the freedom to design and build without HOA limitations, allowing flexibility for parking, storage, or additional features such as a pool, workshop, or outdoor entertainment space. Take advantage of the direct water access and create your own private oasis with stunning views and coastal living at its finest. Conveniently located with easy access to nearby amenities, this lot offers the perfect balance of privacy, space, and accessibility. Don't miss this rare opportunity to secure a versatile Gulf-access property and turn your dream into reality. Buyer to verify all measurements. Please verify if important.

00 Stephens Drive, Panama City

00 Charles Drive, Panama City
$80,000
789401 MLS
Gorgeous 0.223-acre lot offering an exceptional opportunity to build your dream home in a beautiful setting--with no HOA restrictions. This spacious parcel provides plenty of room for a custom residence, outdoor living areas, and thoughtfully designed landscaping. Whether you envision a modern retreat, a traditional family home, or a peaceful getaway, this property serves as the perfect canvas to bring your ideas to life. Enjoy the freedom to design and build without HOA limitations, giving you flexibility for parking, storage, or even additional features like a pool or workshop. Conveniently located with easy access to nearby amenities, this lot offers the perfect balance of privacy, space, and accessibility. Don't miss the chance to secure this versatile piece of land and turn your vision into reality. Buyer to verify all measurements. Please verify if important.

00 Charles Drive, Panama City

2616 Mound Avenue, Panama City
$469,000
789064 MLS
Prime development opportunity in one of Panama City's most desirable coastal corridors. Conveniently located just minutes from Gulf Coast State College and Florida State University Panama City campus. This ±0.80-acre parcel offers exceptional potential for builders, developers, and investors looking to maximize returns in a high demand area. Positioned just across from the bay and surrounded by established homes, this property is ideally suited for subdivision into 4/5 residential lots or a custom smaller scale development. With its proximity to the bay, a multi story build may offer the opportunity for water views, adding long term value and appeal. With three sides of road frontage, access and layout flexibility make this site especially attractive for multiple build scenarios. Opportunities like this are hard to find. Motivated to sell! This location adds even more value, minutes from waterfront access, dining, shopping, and the continued growth of the Panama City market. Demand for new construction and short term rental opportunities in this area remains strong, making this a compelling play for both builders and long term investors.

2616 Mound Avenue, Panama City

1002 Skunk Valley Road, Panama City
$350,000
789039 MLS
Highly Motivated Seller! 11 ACRES! Rare opportunity in booming Southport! This 11-acre property offers the space, privacy, and flexibility that is almost impossible to find today. Located on a paved road with no HOA, this property gives you the quiet lifestyle people want while still being close to everything--about 10 minutes to Lynn Haven, 20 minutes to the airport, and 30 minutes to the beaches and Pier Park. With new construction and growth expanding north, this is a prime opportunity for a private estate, family compound, or potential subdivision for multiple homes or spec builds. The property already has septic, well, power, and full camper hookups on site. There is plenty of room for your RV, boat, heavy equipment, and all the toys, plus space to create your own micro-farm with chickens, horses, goats, and more. A massive red iron building has also been started, offering approximately 14,000 square feet of heated and cooled space when completed. Permits are pulled, and a floor plan is available. Whether you are looking for land, privacy, investment potential, or room to build something big, this Southport property is an opportunity worth paying attention to, come tour today!

1002 Skunk Valley Road, Panama City

1420 Trout Drive, Panama City
$539,000
788931 MLS
Water, power and boat lift already in place for you! Bring your boat now and build your dream waterfront home later! This is one of the few remaining deep-water canal homesites available in the gated community of Bay Point. Ready for construction, the property is already equipped with water, power, and a boat lift, saving valuable time and significant development costs. An added bonus is its ideal positioning, offering long, picturesque views down the canal rather than directly across, creating a more open and impressive waterfront setting. House plans are available, making it even easier to bring your vision to life. Enjoy direct deep-water access from your dock to the Gulf, whether you're heading out for a day of fishing, cruising to Shell Island, or simply enjoying life on the water. Bay Point is one of Panama City Beach's premier gated communities, featuring 24-hour security, a Jack Nicklaus championship golf course, a full-service marina, on-site dining, and beautifully maintained grounds. Conveniently located just minutes from St. Andrews State Park, Shell Island, shopping, restaurants, and the sugar-white beaches of the Gulf Coast. Rare opportunities like this don't come along often. Build exactly what you've been dreaming of in one of the area's most desirable waterfront communities. Seller is a Florida licensed real estate agent.

1420 Trout Drive, Panama City

602 Dogwood Way, Panama City
$77,500
788697 MLS
Build Your Vision in East Callaway, FL - 1.97 Acres with a pond. Discover the perfect opportunity to create your dream home or investment property on this spacious 1.97-acre vacant lot nestled in the growing community of East Callaway, a suburb of Panama City. This expansive property offers the ideal blend of privacy, convenience, and potential, giving you the space to build exactly what you envision--whether it's a custom home, retreat, or future development. Prime Location Highlights: Just a short drive (under 15 minutes) to Tyndall Air Force Base Only minutes from the white-sand beaches of the Gulf Coast Convenient access to shopping, dining, and everyday essentials Surrounded by beautiful parks, nature trails, and recreational activities Property Features: Nearly 2 acres (1.97 acres) of usable land with a pond Plenty of space for a home, workshop, outdoor living, and more Peaceful setting with room to grow Located in an area experiencing continued growth and development Whether you're looking to build now or invest for the future, this property offers endless possibilities. Don't miss your chance to own a piece of Florida land within minutes near the coast!

602 Dogwood Way, Panama City

405 Nancy Drive, Panama City
$75,000
788687 MLS
Vacant Land | 0.32 Acres | Springlake Subdivision Build your dream home in the charming and established Springlake community! This spacious 0.32-acre vacant lot offers the perfect opportunity to create a custom residence in the welcoming City of Parker, just minutes from everyday conveniences and outdoor recreation. Ideally located near Tyndall Air Force Base, this property is a great option for those seeking proximity to the base while enjoying a peaceful residential setting. Enjoy easy access to deep water boat launches, making it perfect for boating and fishing enthusiasts. Spend your weekends exploring nearby parks, soaking up the Florida sunshine, and taking advantage of all the outdoor activities the area has to offer. ✨ Property Highlights: 0.32-acre residential lot Located in Springlake Subdivision No HOA restrictions Family-friendly neighborhood Close to deep water access & boat ramps Minutes to local parks & recreation Convenient to shopping, dining, and schools Short drive to Tyndall Air Force Base Whether you're looking to build now or invest for the future, this property offers flexibility, location, and lifestyle.

405 Nancy Drive, Panama City

11811 Hauser Road, Panama City
$25,000
788493 MLS
(HUGE PRICE IMPROVEMENT) Most people pass right by this stretch of East Bay without ever realizing what's hidden just beyond the road. Tucked inside this quiet pocket sits a .833-acre homesite, offering space, privacy, and a chance to create something special. Originally envisioned as a waterfront community with roads and utilities already in place, the area was set up for growth but time pressed pause. Today, that pause is exactly what makes it so unique, preserving a level of peace and natural beauty that's getting harder to find. Just less than half a mile away, you'll find some of the most gorgeous water in Bay County pristine, full of wildlife, and surrounded by the kind of raw Florida landscape that never gets old. If you're ready to step away from the hustle and bustle and into true serenity, this is one of those rare opportunities that feels like it's waiting on the right person. More pictures coming soon.

11811 Hauser Road, Panama City

726 Mlk Boulevard, Panama City
$85,000
788442 MLS
Positioned in a high-visibility corridor, this property offers an excellent opportunity for investors, developers, or business owners looking to establish a presence in the heart of Panama City. Located along Martin Luther King Jr Blvd, a well-traveled thoroughfare connecting key areas of town, the site benefits from steady traffic flow and convenient access to major routes including US Hwy 231. This property is ideally situated just minutes from downtown Panama City, local government offices, retail centers, and the waterfront, making it a strategic location for a variety of potential uses. Whether you're looking to develop, expand your portfolio, or secure a centrally located site for your business, this location offers strong potential and accessibility. Surrounded by a mix of residential and commercial properties, the area continues to see growth and revitalization, adding to the long-term value of this investment. Utilities are available nearby (buyer to verify), and the lot provides flexibility for future plans. Don't miss your chance to secure a property in one of Panama City's evolving corridors. Zoned GC 2.

726 Mlk Boulevard, Panama City

7806 Mittie Avenue, Panama City
$99,900
788393 MLS
Cleared, prepped, and ready for your vision, this residential homesite in Highpoint is set up to make your next build seamless. With a newly installed well already in place, you are one step ahead, saving both time and upfront costs as you move from planning to construction. This clean, build ready lot offers the freedom to design exactly what you want, whether it is your primary residence, a spec home, or a smart investment opportunity. The groundwork has already been done, now it is your turn to bring it to life. Enjoy the convenience of a location that keeps you connected, with easy access to shopping, the airport, and nearby military bases, making day to day living and commuting effortless. A rare chance to start fresh without the usual delays. Buyer to verify all measurements, zoning, and any information deemed important.

7806 Mittie Avenue, Panama City

2334 Grand Oaks Lane, Panama City
$135,000
788371 MLS
Located in Panama City Beach, this versatile 0.25-acre lot offers the flexibility of single-family or duplex zoning--perfect for building your ideal coastal home or investment property. Situated less than 3 miles from the sugar-white sands and emerald waters of the Gulf, and just minutes from St. Andrews State Park, you'll enjoy easy access to some of the area's most beautiful beaches and outdoor recreation. Positioned in desirable Flood Zone X, this property provides added peace of mind, along with space, privacy, and the freedom of no HOA restrictions. Utilities are already in place, including electric, city water, and septic--making it ready for your vision. Plenty of room for a pool etc... Surrounded by open skies and natural beauty, this is a rare opportunity to create your own coastal retreat while staying close to everything Panama City Beach has to offer.

2334 Grand Oaks Lane, Panama City

7910 Gadsden Avenue, Panama City
$699,000
787988 MLS
Come Check out 7910 Gadsden in Southport, Florida! This incredible 10-acre property offers endless opportunities, whether you're looking for a private retreat, income-producing potential, or space for your business. The 3-bedroom, 2-bathroom home sits on a serene piece of land with parcels being combined, creating even more value. A 36x40 workshop with a 12x14 roll-up door is perfect for mechanics, woodworking, storage, or running a business. Need extra space? There's also a secondary home (Just a shell), ideal for a guest house, rental, or multi-generational living. Enjoy the beauty of nature with your own pond and dock, perfect for fishing or relaxing. A separate shed provides additional storage for tools, equipment, or recreational gear. With 10 sprawling acres, the possibilities are endless—whether you dream of homesteading, expanding, or simply enjoying the peaceful surroundings. 📍 Don't miss this rare opportunity—schedule your showing today!

7910 Gadsden Avenue, Panama City

Vendor Member Number : 28166