4231 Fl-389 Panama City, FL 32405
- Land
- 4.71 lot acres
Current Use by Public Records
- Land
Property Details for 4231 Fl-389
- Lot size
- 4.71 lot acres
- Property type
- Land
Description
This exceptional 4.71-acre parcel presents a remarkable opportunity for residential development in the thriving city of Lynn Haven, Florida. Located within city limits at 4231 FL-389, Panama City, FL 32405 (APN: 11537-020-000), this property is zoned R-1, permitting single-family residential construction. A significant advantage is the pre-approved plan for a 16-lot subdivision, streamlining the development process and minimizing potential delays. The land's strategic location near several recently completed subdivisions underscores the area's robust growth and high demand for new housing. This makes it an ideal investment for builders or developers seeking a turnkey project in a desirable location. The asking price is $675,000. Buyers are encouraged to conduct their own due diligence to verify all information. This property offers a compelling combination of approved plans, prime location, and significant development potential, making it a highly attractive investment opportunity. The property is situated in Bay County and offers easy access to local amenities and transportation networks. This is a rare chance to acquire a ready-to-develop residential site in a flourishing market.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Panama City
- County
- Bay
- State
- Florida
- Longitude
- -85.6286
- Latitude
- 30.2252
