, Panama City, FL 32405 (MLS# 788670)

Panama City, FL 32405

New Listing

$350,000

Property Type: Residential Land Lot Size (sq. ft.): 75,794 Status: Active

Current Price: $350,000 List Date: 7/08/2026 Last Modified: 7/08/2026

Overview

Description

Development opportunity in the Panama City/Cedar Groove Community area. Seller has infrastructure plans that are in place and seller is willing to share with new buyer. This includes: Road way access, Water and sewer systems, Storm drainage, Utilities layouts, Lot layouts plus easements. No construction has been started yet. Zoned R2

Listing Details MLS# 788670

Contract Info

List Price/Acre: 201149.43

Location

Area: 02 – Bay County – Central
State: FL
Zip Code: 32405
County: Bay
Sub Area: 0201 – Bay – Central NE
Subdivision: Cedar Grove Pk
Community/Resort: None
Waterfront: No
Elementary School: Cedar Grove
Middle School: Mowat
High School: Bay
Directions: From hwy.231: turn right on East Ave, then turn right on Sherman Ave. The property will be on the right about 1/3 of mile. From Tyndall Prkwy: turn right on Sherman Ave, go about 1/3 mile property will be on the left.
Legal Description: 34 3S 14W -62- 104D1 ST A B DEV CO PLAT COM NW COR LOT 52 TH E 659.60' FOR POB TH N 274.21' E 350' TO W R/W SHERMAN AVE TH SWLY 301.47' W 210.20' TO POB BEING PT OF LOT 46 ORB 4419 P 1003

General Property Info

Sub-Type: Residential Lots
Lot Dimensions: TBD
Acreage: 1.74
Lot Size (SqFt): 75794

Listing Info, Tax & Legal

HOA Fee: No
Brokerage Interest: No Interest
As Is: Yes

Remarks & Misc

Remarks: Development opportunity in the Panama City/Cedar Groove Community area. Seller has infrastructure plans that are in place and seller is willing to share with new buyer. This includes: Road way access, Water and sewer systems, Storm drainage, Utilities layouts, Lot layouts plus easements. No construction has been started yet. Zoned R2

Financing

Cash: Yes
Conventional: Yes
FHA: Yes
VA: Yes

More Information

Lot Access

City Street: Yes
Paved Road: Yes

Present Zoning

Resid Multi-Family: Yes

Utilities

None: Yes

Sale Type

As Is: Yes

Property Features

Financing: Cash; Conventional; FHA; VA Lot Access: City Street; Paved Road Sale Type: As Is Utilities: None Present Zoning: Resid Multi-Family

Listing Office: Legacy Premier Agency

Last Updated: July – 08 – 2026

Information deemed reliable but not guaranteed.