Residential Development Land
For Sale
$96,000
5527 LAKEWOOD CIRCLE, Panama City, FL 32404
Two adjoining wooded lots sold together, zoned R-2 and suited for single-family or duplex development, subject to approvals.
Property SizeContact for details
Lot Size1.45 Acres
Days on Market41
Property Features for 5527 LAKEWOOD CIRCLE
General Information
Standard status
Active
Lot size
1.45 Acres
Property subtype
Land
Zoning
R-2
Listing Agency:
FIELDS OF PROSPER LLC
(813) 424-0643
Listed By:
Clarence Fields · License #3427822
Source:
Dennisrealty
Added: Jul 13
Changed: Aug 8
Last Checked: Jul 18 at 3:14AM
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 FIELDS OF PROSPER LLC
Investment Insights
Based on property information with market context.
This listing offers the purchase of 5527 Lakewood Circle together with an adjoining lot as a single package for a total combined homesite. The parcels are wooded and feature mature trees, providing additional space for a future residence and outdoor area.
The property is zoned R-2. The remarks note potential uses that may include a manufactured housing placement, a single-family residence, or a duplex development, subject to applicable county requirements, permitting, setbacks, and site approval. The lots are located along a quiet paved street in an established residential area.
Both parcels are being sold together, and the buyer is responsible for confirming zoning details, manufactured-home eligibility, duplex approval, utilities, lot dimensions, access, flood zone and wetlands considerations, and overall buildability during the due-diligence period. The seller has indicated the transaction is cash only, and the buyer pays all closing costs.
The property is zoned R-2. The remarks note potential uses that may include a manufactured housing placement, a single-family residence, or a duplex development, subject to applicable county requirements, permitting, setbacks, and site approval. The lots are located along a quiet paved street in an established residential area.
Both parcels are being sold together, and the buyer is responsible for confirming zoning details, manufactured-home eligibility, duplex approval, utilities, lot dimensions, access, flood zone and wetlands considerations, and overall buildability during the due-diligence period. The seller has indicated the transaction is cash only, and the buyer pays all closing costs.
Key Highlights
- 5527 Lakewood Circle sold together with an adjoining lot to create a 1.45‑acre total homesite.
- Two adjoining wooded parcels with mature trees on a quiet paved street in an established residential area.
- Zoned R‑2, allowing potential single‑family residence or duplex development (subject to county requirements and approvals).
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
14
Businesses Nearby
Explore this area
Business Placement
Demographics for 32404, FL
38,186
Population
18,053
Households
2.1
Avg Household Size
40
Median Age
21%
College-Educated
87%
High-School Grad
135.1 sq mi
ZIP Area
283
Density / Sq Mi
$72,208
Median Household Income
$38,701
Median Earnings
$1,355
Median Rent
$239,700
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Two adjoining wooded lots sold together, zoned R-2 and suited for single-family or duplex development, subject to approvals.
Where is this residential land & home lot located?
The property is located at 5527 LAKEWOOD CIRCLE Panama City, FL.
What is the asking price?
The asking price for this property is $96,000.
What are key features of this property?
This property features: 5527 Lakewood Circle sold together with an adjoining lot to create a 1.45‑acre total homesite.; Two adjoining wooded parcels with mature trees on a quiet paved street in an established residential area.; Zoned R‑2, allowing potential single‑family residence or duplex development (subject to county requirements and approvals).
