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    5213 Highway 22 E Panama City, FL 32404

    For Sale
    $325,000

    COMMERCIAL - Panama City, FL

    Lot size:
    3.50 Acres
    Days on Market:
    237
    Last Refresh:
    Dec 13 at 12:06 am

    Property Features for 5213 Highway 22 E

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    24450-000-000
    Lot size
    3.50 Acres

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Full Sail Realty of Northwest Florida (850) 819-4961 [email protected]

    Listing agent Patrick T Casey (850) 348-1673 License #sl3370190

    Listing date Apr 21, 2025

    Copyright © 2025 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

    Cleared Land Ready For Project

    This 3.5-acre parcel of land is cleared and ready for a new project. The property is zoned R-6m, allowing for single-family homes or multi-family developments. A cypress dome affects approximately 0.5 acres of the land. There are multiple access points to facilitate entry and exit. There is a suspected road expansion coming through, but nothing has been done yet. Buyers should verify all details. The property is sold as is.
    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 Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Panama City
    County
    Walton
    State
    Florida
    Longitude
    -85.596384
    Latitude
    30.153432

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    FAQs

    What type of property is this?
    Land - 3.5 acres of prime real estate ready for development.
    Where is this land located?
    The property is located at 5213 Highway 22 E Panama City, FL.
    What is the asking price?
    The asking price for this property is $325,000.
    What are key features of this property?
    This property features: - 3.5 acres of cleared, prime real estate ready for development.; - Zoned R-6m, allowing for single-family or multi-family homes.; - Multiple access points for easy entry and exit.
    (850) 348-1673
    Request Owner's contact information
    5213 Highway 22 E Panama City, FL 32404
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    5213 Highway 22 E
    Panama City, FL 32404
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    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
    5213 Highway 22 E Panama City, FL 32404
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