Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    1941 E 7Th St Panama City, FL 32401

    Sponsored
    For Sale
    $135,000

    LAND - Panama City, FL

    Lot size:
    0.39 Acres
    Days on Market:
    5
    Last Refresh:
    Jan 10 at 2:06 pm

    Property Features for 1941 E 7Th St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    16027-000-000
    Lot size
    0.39 Acres

    EXP Realty LLC (888) 883-8509 [email protected]

    Listing agent Peyton W Saluto (888) 883-8509

    Listing date Jan 6, 2026

    MLS# 782319 Listing URL

    Copyright © 2026 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Panama City Infill Development Opportunity

    This property presents a prime infill development opportunity located in the City of Panama City. The parcel is zoned Neighborhood Residential and, based on current dimensions of approximately 215 feet of frontage, can be divided into 40-foot wide lots, potentially allowing for up to five buildable lots along Elm Street, with the corner section sized larger. Setbacks in this zoning district are approximately 7 to 20 feet for the front, 5 feet for the side, and 15 feet for the rear, providing a comfortable building envelope on each new lot. The City has verified that existing utilities in Elm Street have the capacity to support up to five additional units at this location. This makes it an attractive option for a small subdivision of new single-family homes or a mix of single-family and duplex product, subject to standard subdivision and development approvals. The groundwork with zoning, minimum lot width, setbacks, and utility capacity has already been confirmed with the City. The lot size is 0.39 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Panama City
    County
    Walton
    State
    Florida
    Longitude
    -85.635056
    Latitude
    30.160782

    Nearby Similar for Sale

    • $1,150,000
      Pending

      Unique Bayfront Property with Income

      Bayfront property featuring a main house and six rental units.
      6035 Bus, Panama City, FL 32404
      View Details
    • $513,000
      0.40 Acres

      Dual-Home Family Retreat Opportunity

      Dual-home property near Beach Drive, ideal for living and investment.
      1016 W 12Th St, Panama City, FL 32401
      View Details
    • New
      $1,850,000
      0.25 Acres

      Waterfront Multi-Family Investment Opportunity

      Waterfront property with new construction and income potential in Panama City.
      401 Massalina Dr, Panama City, FL 32401
      View Details
    • $699,900
      2,204 SF

      Renovated Multi-Unit Rental Property

      Turnkey, fully furnished rental property with proven rental history.
      3820 Treasure Cir, Panama City, FL 32408
      View Details
    • $694,000
      2,269 SF

      Upgraded Duplex with Rental Potential

      Duplex with multiple possibilities: live, rent, or short-term rent.
      3707 Mystic St, Panama City, FL 32408
      View Details
    • $694,000
      0.13 Acres

      Adorable Duplex with Multiple Possibilities

      Upgraded duplex with short-term rental potential near lagoon access.
      3707 Mystic St, Panama City, FL 32408
      View Details
    • $719,000
      Pending

      Furnished Condo in Prominence

      Turnkey 2BR/2BA condo with LSV included for coastal living.
      79 Milestone Dr, Inlet Beach, FL 32461
      View Details
    • $470,000
      Pending

      Like-New Duplex Near the Beach

      Updated duplex ideal for investors or multi-generational living.
      9020/9022 Houston St, Panama City, FL 32408
      View Details
    • $499,000
      1,920 SF

      Income-Producing Beach Duplex

      Renovated duplex near the beach, ideal for vacation rentals.
      6310 Sunset Ave, Panama City, FL 32408
      View Details
    • $1,200,000
      2,720 SF

      Lagoon Front Multi-Unit Home

      Income-producing property with three units and two boat houses.
      6722 S Lagoon Dr, Panama City, FL 32408
      View Details
    • $2,199,000
      21,184 SF

      Renovated Mixed-Use Panama City Property

      21,184 sq ft renovated commercial space on 2.5 acres.
      5420 Hickory St, Panama City, FL 32404
      View Details
    • $3,650,000
      3.74 Acres

      Panama City Commercial Opportunity

      Three parcels with established businesses and equipment for sale.
      1220 W 19Th St, Panama City, FL 32405
      View Details

    FAQs

    What type of property is this?
    Land - Buildable lots in Panama City, utilities available.
    Where is this land located?
    The property is located at 1941 E 7Th St Panama City, FL.
    What is the asking price?
    The asking price for this property is $135,000.
    What are key features of this property?
    This property features: - Zoned Neighborhood Residential, allowing division into five buildable lots.; - City confirmed existing utilities on Elm Street can support up to five additional units.; - Confirmed minimum lot width of 40 feet with approximately 215' of frontage.
    (850) 319-4665
    Request Owner's contact information
    1941 E 7Th St Panama City, FL 32401
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1941 E 7Th St
    Panama City, FL 32401
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1941 E 7Th St Panama City, FL 32401
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.