Commercial Land with Development
For Sale
$180,000
Pending
3301 E 1st Court, Panama City, FL 32401
General Commercial/Mixed-Use land suitable for multifamily or commercial development.
Property SizeContact for details
Lot Size0.98 Acres
Days on Market253
Property Features for 3301 E 1st Court
General Information
Standard status
Pending
Lot size
0.98 Acres
Property subtype
Land or Vacant Lot
Listing Agency:
THINK REAL ESTATE
(850) 270-4200
Listed By:
JOSHUA HOEY · License #SL3447224
Source:
Corcoran
Added: Dec 15, 2025
Changed: Aug 8
Last Checked: Aug 8 at 4:56AM
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 THINK REAL ESTATE
Investment Insights
Based on property information with market context.
This property presents a General Commercial/Mixed-Use opportunity, allowing up to 15 dwelling units per acre. The site, which is just under 1 acre, is suitable for a multifamily project, single-family homes, or a commercial site, subject to City of Springfield approval. The City of Springfield has indicated a preference for a minimum of 50-foot lots. Water and sewer services are available on Central Avenue and 1st Court. The property could accommodate either 6 single-family lots or 11 multifamily units, subject to DO and stormwater approval. Interested parties should contact the City of Springfield to confirm all project details and specifics. Seller financing is available.
Key Highlights
- Seller financing available
- Mixed‑Use zoning allows for various development options (multifamily, single family, or commercial)
- Potential for up to 15 dwelling units per acre
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
180
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
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Frequently Asked Questions
What type of property is this?
Commercial land - General Commercial/Mixed-Use land suitable for multifamily or commercial development.
Where is this commercial land located?
The property is located at 3301 E 1st Court Panama City, FL.
What is the asking price?
The asking price for this property is $180,000.
What are key features of this property?
This property features: Seller financing available; Mixed‑Use zoning allows for various development options (multifamily, single family, or commercial); Potential for up to 15 dwelling units per acre
