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Residential Corner Lot in Panama

1613 E 7th Street, Panama City, FL 32401

For Sale
$45,999
Pending

Spacious corner lot ready for residential development near downtown.

Property SizeContact for details
Lot Size0.24 Acres
Days on Market385

Property Features for 1613 E 7th Street

General Information

Standard status Pending
Lot size 0.24 Acres
Property subtype Land or Vacant Lot

Taxes and HOA fees

Annual Taxes $1,292
Listing Agency: EXP REALTY LLC
Listed By: GLEN M GOULD
Source: Corcoran
Added: Oct 19, 2025 Changed: Nov 6 Last Checked: Nov 6 at 8:33AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of EXP REALTY LLC

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Investment Insights

Based on property information with market context.

This 10,454 square foot (approximately 0.24 acre) corner lot is suitable for building a home or investment property. Located on E 7th Street, the vacant residential lot has city utilities already in place, including water, sewer, and electric. The property is in a residential neighborhood near Downtown Panama City, offering convenience and charm. The corner lot positioning enhances curb appeal and allows for versatile building options, more natural light, and easier access for future driveways or dual entrances. The zoning is ready for residential use, and the property is close to shopping, schools, restaurants, and local attractions. It is also a short drive to Panama City's beaches, making it suitable for a primary residence, vacation home, or rental income property.

Key Highlights

  • Ready‑to‑build vacant residential lot with city utilities already in place, saving time and development costs.
  • Prime corner lot location (10,454 Sq Ft \/ approx. 0.24 acre) offering maximum visibility.
  • Conveniently located minutes from Downtown Panama City in a quiet residential neighborhood, close to shopping, schools, and restaurants.

Property Analytics

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Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Grocery & Convenience Store Bakery Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

596
Businesses Nearby

Demographics for 32401, FL

20,487
Population
10,239
Households
2
Avg Household Size
42
Median Age
20%
College-Educated
86%
High-School Grad
12.5 sq mi
ZIP Area
1,639
Density / Sq Mi
$49,901
Median Household Income
$35,885
Median Earnings
$1,194
Median Rent
$207,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Spacious corner lot ready for residential development near downtown.
Where is this residential land & home lot located?
The property is located at 1613 E 7th Street Panama City, FL.
What is the asking price?
The asking price for this property is $45,999.
What are key features of this property?
This property features: Ready‑to‑build vacant residential lot with city utilities already in place, saving time and development costs.; Prime corner lot location (10,454 Sq Ft \/ approx. 0.24 acre) offering maximum visibility.; Conveniently located minutes from Downtown Panama City in a quiet residential neighborhood, close to shopping, schools, and restaurants.
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