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    Pitts Ave Panama City, FL 32404

    For Sale
    $599,000

    LAND - Panama City, FL

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

    Property Features for Pitts Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    25719-010-000
    Lot size
    0.79 Acres

    Utilities

    Water front
    1

    Hitchcock Real Estate LLC (850) 866-2158 [email protected]

    Listing agent Joseph Echols (850) 481-0095

    Listing date Dec 2, 2025

    MLS# 757908 Listing URL

    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

    Waterfront Lot in Panama City

    This is a 0.79-acre waterfront residential lot located in Panama City, Florida. Zoned as Mixed Use 1 in the city of Parker, the property offers the potential to build a dream home or an income-producing property. The waterfront portion is situated on the south side of Pitts Avenue, with the larger portion on the north side. The property is a short drive from historic downtown Panama City and a boat ride away from the Inlet and the Gulf of Mexico. Its location offers value due to its proximity to Tyndall Air Force Base and Downtown Panama City.
    Property Profile Location Intelligence

    Current Use by Public Records

    Waterfront Properties

    Map

    City
    Panama City
    County
    Walton
    State
    Florida
    Longitude
    -85.611458
    Latitude
    30.130136

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    FAQs

    What type of property is this?
    Land - Large waterfront lot suitable for residential or income property.
    Where is this land located?
    The property is located at Pitts Ave Panama City, FL.
    What is the asking price?
    The asking price for this property is $599,000.
    What are key features of this property?
    This property features: - Large waterfront lot (over 3/4 acre) offering ample space for building.; - Zoned Mixed Use 1, allowing for residential or income-producing property development.; - Waterfront access provides boat ride access to the Inlet and Gulf of Mexico.
    (850) 481-0095
    Request Owner's contact information
    Pitts Ave 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
    Pitts Ave Panama City, FL 32404
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