2431 Game Farm Road, Panama City, FL 32405
New Listing
$690,000
Property Type:
Residential
Lot Size (sq. ft.):
83,635
Status:
Active
Current Price:
$690,000
List Date:
6/26/2026
Last Modified:
6/26/2026
Listing Details MLS# 791909
Location
- Area
- 02 – Bay County – Central
- Street #
- 2431
- Street Name
- Game Farm
- Street Suffix
- Road
- State
- FL
- Zip Code
- 32405
- County
- Bay
- Sub Area
- 0201 – Bay – Central NE
- Subdivision
- Highland City
- Community/Resort
- None
- Waterfront
- No
- Parcel ID
- 12212-000-000
- Elementary School
- Hiland Park
- Middle School
- Mowat
- High School
- Bay
- Directions
- North on Hwy 231 right on Game Farm Rd 3 lots are located on the right. Beginning at the corner of Game Farm Rd and Bradenton Ave.
- Legal Description
- HIGHLAND CITY (9.06) BEG 115' E OF SW COR LOT 9 TH N 225' E 100' S 225' W 100' TO POB BLK 12 ORB 4827 P 848 and HIGHLAND CITY (9.061) S 290' LOT 9 LESS W 215' & N 65' BLK 12 . ORB 4827 P 854 and also HIGHLAND CITY (9.05) 104A BEG SW COR LOT 9 TH N 240' E 115' S 240' W 115' TO POB BLK 12 ORB 4827 P 851
General Property Info
- Sub-Type
- Multi Family
- Design
- N/A
- SqFt Source
- Prop App Site
- Construction Status
- To Be Built
- New Construction
- Yes
- Garage Y/N
- No
- Lot Dimensions
- 315 X 240 X 308.4 X 225
- Acreage
- 1.92
- Lot Size (SqFt)
- 83635
- Pool
- No
- Apx SqFt(Htd/Cooled)
- 0
Listing Info, Tax and Legal
- HOA Fee
- No
- New Buyer Fee
- No
- Last Tax Year
- 2025
- Brokerage Interest
- No Interest
Remarks & Misc
- Remarks
- Prime Multi-Family Development Opportunity – R2 Zoning | Approx. 1.92 Acres Exceptional investment and development opportunity in a growing area. This approximately 1.92-acre parcel is zoned R2 Multi-Family and allows up to 15 units per acre, supporting a potential development of up to 23 residential units (subject to final engineering, site plan approval, and municipal review). The property offers approximately 306 feet of frontage and features a favorable layout suitable for a townhome, apartment, or multifamily residential project. Preliminary conceptual planning demonstrates the potential for a 23-unit development with internal access, parking, landscaped common areas, and open space. Development-friendly zoning requirements include: • Front setback: 20 feet • Side setbacks: 5 feet • Rear setback: 10 feet • Multi-family residential use permitted Located in an area experiencing continued residential growth, this site provides an excellent opportunity for builders, developers, and investors seeking to capitalize on strong housing demand. Utilities availability, zoning regulations, density allowances, and development potential should be independently verified by purchaser. Rare opportunity to acquire a multi-family development site with conceptual plans already demonstrating the property's density potential. Bring your vision and unlock the value of this strategically positioned parcel. Buyer to verify all zoning, density, utility availability, permitting requirements, and development feasibility. Proposed site plan is AI Generated.
Furnished
- Unfurnished
- Yes
More Information
Present Zoning
- Mixed Use
- Yes
- Resid Multi-Family
- Yes
Showing
- ShowingTime
- Yes
Utilities
- Electricity – Availabile
- Yes
- Sewer Available
- Yes
- Public Water – Available
- Yes
Property Features
Furnished:
Unfurnished
Showing:
ShowingTime
Utilities:
Electricity – Availabile; Sewer Available; Public Water – Available
Present Zoning:
Mixed Use; Resid Multi-Family
Listing Office:
Anchor Realty Florida
Last Updated: June – 26 – 2026
Information deemed reliable but not guaranteed.