2616 Mound Avenue, Panama City, FL 32405 (MLS# 789064)

2616 Mound Avenue, Panama City, FL 32405

$469,000

Property Type: Residential Land Lot Size (sq. ft.): 34,848 Status: Active

Current Price: $469,000 List Date: 4/29/2026 Last Modified: 6/03/2026

Overview

Description

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 … (Read more)

Listing Details MLS# 789064

Contract Info

List Price/Acre: 586250

Location

Street #: 2616
Street Name: Mound
Street Suffix: Avenue
Area: 02 – Bay County – Central
State: FL
Zip Code: 32405
County: Bay
Sub Area: 0204 – Bay – Central NW
Subdivision: Bayview Heights
Community/Resort: Bayview Heights
Waterfront: No
Parcel ID: 27215-029-000
Elementary School: Lucille Moore
Middle School: Jinks
High School: Bay
Directions: From Hwy 98, head north on Frankford Ave. Turn right onto 23rd St. Continue east, then turn right onto Mound Ave. Property will be on your right.
Legal Description: BAYVIEW HEIGHTS REPLAT MAP-79B LOTS 35 TO 46 INCLUSIVE BLK 8 ORB 4406 P 756

General Property Info

Sub-Type: Vacant Land
Lot Dimensions: 150x 230
Acreage: 0.8
Lot Size (SqFt): 34848

Listing Info, Tax & Legal

HOA Fee: No
Is Subject Leased: No
Last Taxes: 1636
Last Tax Year: 2025
Brokerage Interest: Ownership Interest – Listing Broker/Salesperson has ownership interest in the property.
As Is: Yes

Remarks & Misc

Remarks: 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.

Lot Features

Cleared: Yes
Corner Lot: Yes
Near Public Boat Ramp: Yes
Within 1/2 Mile to Water: Yes

More Information

Lot Access

County Road: Yes
Paved Road: Yes

Present Zoning

County: Yes
Resid Single Family: Yes

Utilities

Water Connected: Yes

Property Features

Lot Access: County Road; Paved Road Lot Features: Cleared; Corner Lot; Near Public Boat Ramp; Within 1/2 Mile to Water Utilities: Water Connected Present Zoning: County; Resid Single Family

Listing Office: Anchor Realty Florida

Last Updated: June – 03 – 2026

Information deemed reliable but not guaranteed.