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    7304 Penny Rd Panama City, FL 32404

    For Sale
    $55,000

    LAND - Panama City, FL

    Lot size:
    0.74 Acres
    Days on Market:
    117
    Last Refresh:
    Dec 13 at 3:06 am

    Property Features for 7304 Penny Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    05568-010-000
    Lot size
    0.74 Acres

    Utilities

    Sewer type
    Septic Tank
    Water source
    Well

    Keller Williams Success Realty (850) 249-0313 [email protected]

    Listing agent Sabina V Balch (850) 249-0313 License #3561403

    Listing date Aug 19, 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

    Land in Panama City, FL

    This 0.74-acre property presents an opportunity with existing septic and well water systems. The lot is located in a quiet, rural setting, offering privacy and space. The land is suitable for building a home, placing a mobile home, or other purposes. There are no HOA or restrictions, providing flexibility. The property is located in Panama City, Florida.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Spa & Massage Building Supply Auto Repair Shop Gym & Fitness Pharmacy Wholesale Shop Hotel & Motel Kitchen & Bath Department Store Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Panama City
    County
    Walton
    State
    Florida
    Longitude
    -85.527527
    Latitude
    30.27473

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    FAQs

    What type of property is this?
    Land - 0.74 acre lot with well and septic in Panama City.
    Where is this land located?
    The property is located at 7304 Penny Rd Panama City, FL.
    What is the asking price?
    The asking price for this property is $55,000.
    What are key features of this property?
    This property features: - Septic and well water provide self-sufficiency and eliminate city utility bills.; - No HOA or restrictions offer flexibility and freedom to customize the property.; - Quiet, rural setting provides privacy and space.
    (850) 249-0313
    Request Owner's contact information
    7304 Penny Rd Panama City, FL 32404
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    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
    7304 Penny Rd Panama City, FL 32404
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