W 12th St, Panama City FL 320401,Panama City,Bay County,Commercial Land
- $780,000
- $780,000
Description
Prime development opportunity in Panama City. This parcel allows for residential development with current zoning supporting up to 10 units per acre, with a maximum potential of approximately 51 units (subject to buyer’s verification).
Additionally, the property may qualify for increased density under Florida’s Live Local Act, which can allow for significantly higher density when developing qualifying affordable or workforce housing projects, subject to local approvals and compliance requirements.
The site may also be eligible for incentives under the Low-Income Housing Tax Credit (LIHTC) program, offering potential tax advantages for developers.
Strategically located near key roads, employment centers, and growing residential demand, this property presents a compelling opportunity for builders and investors.
Buyer to verify zoning, density, utilities, and eligibility for all incentives.
Overview
- Income/MultiFamily
- sqft
- 5.11 sqft
- A11989551
Details
Actualizado en marzo 26, 2026 a 4:25 am-
Property ID A11989551
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Price $780,000
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Land Area 5.11 sqft
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Type Income/MultiFamily
Additional details
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Tamaño del lote 222592
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Cantidad de fotos 5
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Nombre de la calle 12th St
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Impuestos Anuales 6650
Features
Address
Open on Google Maps-
Address: 12th St
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City: Panama City
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State/county: Bay County
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Zip/Postal Code: 320401
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