Oversized Corner Lot in
For Sale
$45,999
1613 E 7th Street, Panama City, FL 32401
LAND - Panama City, FL
Property SizeContact for details
Lot Size0.24 Acres
Days on Market294
Property Features for 1613 E 7th Street
General Information
Property type
Land
Property subtype
Other
Zoning description
Resid Single Family
Subdivision
No Named Subdivision
Elementary school
Cherry Street
Middle school
Jinks
High school
Bay
Directions
From HWY 77 take a left on E 11th St. Then a right on Bay Ave. Then a left on E. 7th Street and the lot will be on your left
Standard status
Active
APN
15974-000-000
Lot size
0.24 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
3 4S 14W-161-105A3 BEG 15'W OF SE COR OF SE1/4 OF SW1/4 OF SW1/4 TH N 160' W 50' S 160' E 50' TO BEG LESS RD R/W ORB 4719 P 1326
Tax Annual Amount
1292
Legal Description
3 4S 14W-161-105A3 BEG 15'W OF SE COR OF SE1/4 OF SW1/4 OF SW1/4 TH N 160' W 50' S 160' E 50' TO BEG LESS RD R/W ORB 4719 P 1326
Listing Agency:
EXP Realty LLC
(888) 883-8509
Listed By:
Glen M Gould
(850) 502-3439
Added: Oct 17, 2025
Changed: Jun 18
Last Checked: Aug 6 at 4:06PM
MLS# 780600
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This oversized corner lot in Panama City, Florida, presents a build-ready opportunity for homeowners, builders, and investors. Zoned Neighborhood Residential, the property allows for single-family detached homes, duplex development, cottage court concepts, and even an accessory dwelling unit (ADU), creating multiple paths for future income potential or multigenerational living. City utilities, including water, sewer, and electric, are already available. The property is positioned minutes from Downtown Panama City, local dining, shopping, schools, and waterfront attractions. The location combines convenience with long-term upside. The zoning flexibility makes it suitable for building a dream home, developing a duplex investment property, or creating a modern cottage-style project with added rental income potential. The corner lot positioning provides added accessibility, visibility, and design options for future construction. The lot size is 0.24 acres.
Key Highlights
- Oversized corner lot in a prime location, minutes from Downtown Panama City, dining, shopping, schools, and waterfront attractions.**
- Zoned Neighborhood Residential, allowing for single‑family homes, duplexes, cottage courts, and Accessory Dwelling Units (ADUs).
- City utilities (water, sewer, and electric) are already available, reducing development costs.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
886
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Residential land & home lot - Build-ready residential lot with development flexibility near downtown Panama.
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: Oversized corner lot in a prime location, minutes from Downtown Panama City, dining, shopping, schools, and waterfront attractions.**; Zoned Neighborhood Residential, allowing for single‑family homes, duplexes, cottage courts, and Accessory Dwelling Units (ADUs).; City utilities (water, sewer, and electric) are already available, reducing development costs.
