Buildable Lots Ready for
2911 E 5th Court, Panama City, FL 32401
For Sale
$250,000
Six cleared, buildable lots for immediate development in Panama City.
Property SizeContact for details
Lot Size0.69 Acres
Days on Market356
Property Features for 2911 E 5th Court
General Information
Standard status
Lot size
Property subtype
Listing Agency:
SALTY MARLIN REALTY
(850) 615-2406
Listed By:
RAMONE C SILVERA
(954) 330-3095
Source:
Corcoran
Added: Nov 17, 2025
Changed: Nov 6
Last Checked: Nov 6 at 8:50AM
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 SALTY MARLIN REALTY
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Investment Insights
Based on property information with market context.
This property presents an investment opportunity with six cleared and buildable lots ready for immediate development. The 30,000-sqft parcel features a 100-ft depth and a 300-ft frontage, accommodating six individual 50' x 100' lots. The property has been rezoned, and the city has confirmed that no subdivision conversion is required; only the installation of a front culvert for drainage is necessary. The land also supports alternative strategies, including the construction of three duplexes for long-term cash flow or resale.
Key Highlights
- Six cleared, buildable lots ready for immediate development.
- No subdivision conversion required; only front culvert installation needed.
- Strong ROI potential with local homes selling around $255K and build costs averaging $110K-$130K for a 1,200‑sqft home.
Property Analytics
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Open Analytics
Location Intelligence
Trade Area within ½ mile
331
Businesses Nearby
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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
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Six cleared, buildable lots for immediate development in Panama City.
Where is this residential land & home lot located?
The property is located at 2911 E 5th Court Panama City, FL.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Six cleared, buildable lots ready for immediate development.; No subdivision conversion required; only front culvert installation needed.; Strong ROI potential with local homes selling around $255K and build costs averaging $110K-$130K for a 1,200‑sqft home.
