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    Panama City, FL 32401

    For Sale
    Contact for pricing

    LAND - Panama City, FL

    Lot size:
    0.16 Acres
    Days on Market:
    74
    Last Refresh:
    Dec 14 at 6:06 am

    Property Features for

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    16491-000-000
    Lot size
    0.16 Acres

    Utilities

    Sewer type
    Septic Needed

    Neubauer Real Estate, Inc. ERA (850) 785-1551 [email protected]

    Listing agent Heather H Neubauer (850) 785-1581 License #3257545

    Listing date Oct 2, 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

    Panama City Land Opportunity Zone

    This centrally located wooded lot is conveniently situated near Ascension Sacred Heart Bay. Located off N Bonita Ave, the property features a 50 ft frontage and a 138 ft depth. Zoned MU-2 for Mixed Use, the lot offers expansive possibilities for a variety of potential uses. The property is strategically located in an Opportunity Zone, providing additional benefits for development or investment. The 0.16-acre lot presents an excellent opportunity due to its central location and versatile zoning. The seller has indicated that sewer service is not currently available for this property, and the buyer is advised to conduct due diligence and investigate alternative options if sewer access is necessary for the intended use.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Panama City
    County
    Walton
    State
    Florida
    Longitude
    -85.646875
    Latitude
    30.170766

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    FAQs

    What type of property is this?
    Land - Centrally located wooded lot with mixed-use zoning.
    Where is this land located?
    The property is located at Panama City, FL.
    What is the asking price?
    The asking price for this property is $19,250.
    What are key features of this property?
    This property features: - Centrally located near Ascension Sacred Heart Bay; - Zoned MU-2 for Mixed Use, allowing for a variety of potential uses; - Located in an Opportunity Zone, offering potential development/investment benefits
    (850) 785-1581
    Request Owner's contact information
    Panama City, FL 32401
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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
    Panama City, FL 32401
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