Price Check
How this price compares
- List price
- $780,000
- Price per sq ft
- N/A
- Original price
- Unchanged
- Days on market
- 197
This lot is listed at $780,000. It has been on the market for 197 days.
Estimated monthly payment
$4,099 /mo
Principal and interest only, based on $156,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $780,000
- Days on Site
- 197 Days
- Bedrooms
- 0
- Total Baths
- 0
- Lot Size
- 5.11 Acres
- Property Type
- Land
- MLS #
- A11989551
- Property Tax
- $6,650 (2025)
- County
- Bay
- Status
- Active
About This Property
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.
Virtual TourGeneral Features
- Property Type
- Land
- Status
- Active
- Lot Size (Acres)
- 5.11
- Water Source
- Public / Other
- Zoning
- MU-2
Exterior Features
- Lot Features
- Five To Ten Acres / Central Business District / City Lot
Community & HOA
- Community Features
- Near Schools
- Utilities
- None / Other / Sewer Available / Sewer Not Available
- Restrictions
- City Restrictions
- MLS Area
- 5940 - Other Florida County
Schools
- Elementary School
- North Side
About the Area
- Homes for Sale
- 6
- Median List Price
- $535,000
- Median $/Sq Ft
- $224
- Avg Days on Market
- 126
Frequently Asked Questions
- How do I schedule a tour of W 12th Street, Panama City, FL?
- Use the Tour button on this listing to request a showing of W 12th Street, Panama City, FL. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is W 12th Street, Panama City, FL still available?
- W 12th Street, Panama City, FL is currently listed as Active, and has been on the market 197 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for W 12th Street, Panama City, FL?
- With 20% down ($156,000) on the $780,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for W 12th Street, Panama City, FL is about $4,099/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy W 12th Street, Panama City, FL?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on W 12th Street, Panama City, FL. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- What schools serve W 12th Street, Panama City, FL?
- W 12th Street, Panama City, FL is zoned for North Side (elementary). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of W 12th Street, Panama City, FL?
- Often, yes. The right offer on W 12th Street, Panama City, FL depends on how it's priced against comparable land sales in Panama City, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of United Realty Group Inc
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 25, 2026.
$780,000
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Listed by Damaso D Medina, United Realty Group Inc
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