12220 Caruso Drive, Panama City, FL 32404 (MLS# 796561)

12220 Caruso Drive, Panama City, FL 32404

New Listing

$31,000

Property Type: Residential Land Lot Size (sq. ft.): 44,867 Status: Active

Current Price: $31,000 List Date: 10/14/2026 Last Modified: 10/14/2026

Overview

Description

PRICED TO SELL NOW! Build your dream home on this spacious 1.03-acre residential lot at 12220 Caruso Drive which is located in a quiet neighborhood near Tyndall Air Force Base, Eastern Shipbuilding, and a marina with Gulf access. This property location offers privacy, convenience, and SPACE with easy access to Panama City amenities. Whether you’re ready to build or investing for the future, this is an excellent opportunity to own over an acre for just $31,000. Bring your offer!

Listing Details MLS# 796561

Contract Info

List Price/Acre: 30097.09

Location

Street #: 12220
Street Name: Caruso
Street Suffix: Drive
Area: 05 – Bay County – East
State: FL
Zip Code: 32404
County: Bay
Sub Area: 0516 – Bay East – Sandy Creek/East Callaway Heights
Subdivision: No Named Subdivision
Community/Resort: None
Waterfront: No
Parcel ID: 07399-910-000
Elementary School: Callaway
Middle School: Everitt
High School: Rutherford
Directions: From the Hathaway bridge, Head toward C R 392/Navy Blvd/Thomas Dr then Take US-98 E, US-98 BUS E, FL-22 E and Hwy 2297 to Caruso Dr then Turn right onto Caruso D Destination will be on the left
Legal Description: 25 4S 13W -1.910- S 150' OF N 450' OF E 300' OF W 3300' R/W AKA L-295 E BAYPT UNR SUBJ RD R/W ORB 3924 P 890

General Property Info

Sub-Type: Residential Lots
Lot Dimensions: 300.0 ft x 150.0 ft
Acreage: 1.03
Lot Size (SqFt): 44867

Listing Info, Tax & Legal

HOA Fee: No
Last Taxes: 321.36
Last Tax Year: 2025
Brokerage Interest: No Interest
As Is: Yes
Section: 25
Township: 4S
Range: 13W

Remarks & Misc

Remarks: PRICED TO SELL NOW! Build your dream home on this spacious 1.03-acre residential lot at 12220 Caruso Drive which is located in a quiet neighborhood near Tyndall Air Force Base, Eastern Shipbuilding, and a marina with Gulf access. This property location offers privacy, convenience, and SPACE with easy access to Panama City amenities. Whether you're ready to build or investing for the future, this is an excellent opportunity to own over an acre for just $31,000. Bring your offer!

Financing

Cash: Yes
Construction Perm: Yes
Conventional: Yes
FHA: Yes
USDA: Yes
VA: Yes

More Information

Lot Features

Raw Acreage: Yes

Lot Access

City Street: Yes

Present Zoning

Resid Single Family: Yes

Utilities

None: Yes

Property Features

Financing: Cash; Construction Perm; Conventional; FHA; USDA; USDA; VA Lot Access: City Street Lot Features: Raw Acreage Utilities: None Present Zoning: Resid Single Family

Listing Office: Coldwell Banker Realty

Last Updated: October – 14 – 2026

Information deemed reliable but not guaranteed.