W 12th St Panama City, FL 32040
- Added:
- Mar 25, 2026
- Days on Market:
- 27
- Last Refresh:
- Apr 20 at 1:06 am
Property Features for W 12th St
General Information
- Property type
- Land
- Property subtype
- Multi Family
- Zoning
- MU-2
- Standard status
- Active
- APN
- 18663-000-000
- Lot size
- 5.11 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 6650
Utilities
- Sewer type
- None, Other
- Water source
- Other, Public
Building Details
- Architectural style
- Other
Listing agent Damaso Medina License #3082593 (305) 776-3951
Listing office United Realty Group Inc 20803 Biscayne Blvd Ste 410, Plantation, FL (954) 450-2000
Listing date Mar 25, 2026
MLS# A11989551
Listing URL
Copyright © 2026 Miami 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 Development Opportunity
This parcel in Panama City presents a development opportunity for residential projects. The current zoning supports up to 10 units per acre, potentially allowing for approximately 51 units, subject to buyer verification. The property may qualify for increased density under Florida’s Live Local Act, which can allow for significantly higher density when developing qualifying affordable or workforce housing projects, subject to local approvals and compliance requirements. The site may also be eligible for incentives under the Low-Income Housing Tax Credit (LIHTC) program, offering potential tax advantages for developers. The property is strategically located near key roads, employment centers, and growing residential demand, presenting a compelling opportunity for builders and investors. The lot size is 5.11 acres. Buyer is responsible for verifying zoning, density, utilities, and eligibility for all incentives.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Residential land & home ...
Map
- City
- Panama City
- County
- Walton
- State
- Florida
- Longitude
- -85.659509
- Latitude
- 30.169653
Nearby Similar for Sale
FAQs
What type of property is this?
Residential land & home lot - Development parcel in Panama City, suitable for residential projects.
Where is this residential land & home lot located?
The property is located at W 12th St Panama City, FL.
What is the asking price?
The asking price for this property is $780,000.
What are key features of this property?
This property features: Prime development opportunity in Panama City.; Zoning supports up to 10 units per acre, potentially 51 units (buyer to verify).; Potential for increased density under Florida’s Live Local Act for affordable/workforce housing (subject to approvals).
