2431 Game Farm Road
Panama City, FL 32405
0
Bed
0
Bath
1.92Acres(Lot)
Prime Multi-Family Development Opportunity - R2 Zoning | Approx. 1.92 Acres Exceptional investment and development opportunity in a growing area. This approximately 1.92-acre parcel is zoned R2 Multi-Family and allows up to 15 units per acre, supporting a potential development of up to 23 residential units (subject to final engineering, site plan approval, and municipal review). The property offers approximately 306 feet of frontage and features a favorable layout suitable for a townhome, apartment, or multifamily residential project. Preliminary conceptual planning demonstrates the potential for a 23-unit development with internal access, parking, landscaped common areas, and open space. Development-friendly zoning requirements include: • Front setback: 20 feet • Side setbacks:
Property Details
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Map
What's Nearby
Nearby Areas
Features
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Lot Information
Lot Dimensions: 315 X 240 X 308.4 X 225 Main Square Feet: 1.92 Lot Size Acres: 1.92 Lot Size Square Feet: 83,635Property Information
Subdivision: Highland City Source Property Type: Residential MLS Area Minor: 0201 - Bay - Central NE Zoning Description: Resid Multi-Family Property SubType: Multi Family
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Listing Price Information
Listing Price: $690000
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Tax Information
Parcel Number: 12212-000-000 Tax Year: 2025 Tax Legal Desc: HIGHLAND CITY (9.06) BEG 115' E OF SW COR LOT 9 TH N 225' E 100' S 225' W 100' TO POB BLK 12 ORB 4827 P 848 and HIGHLAND CITY (9.061) S 290' LOT 9 LESS W 215' & N 65' BLK 12 . ORB 4827 P 854 and also HIGHLAND CITY (9.05) 104A BEG SW COR LOT 9 TH N 240' E 115' S 240' W 115' TO POB BLK 12 ORB 4827 P 851
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School Information
Elementary School: Hiland Park Junior High School: Mowat Senior High School: Bay -
Utility Information
ElectricityAvailable, SewerAvailable -
Location Information
Direction: North on Hwy 231 right on Game Farm Rd 3 lots are located on the right. Beginning at the corner of Game Farm Rd and Bradenton Ave.
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 3334 Ten Acre Road, Panama City, FL, 32405 | $299,999 | 4 | 2 | -- | |
| 2602 Glenview Avenue, Panama City, FL, 32405 | $322,500 | 3 | 2 | -- | |
| 3214 Douglas Road, Panama City, FL, 32405 | $195,000 | 3 | 2 | -- | |
| 3140 Douglas Road, Panama City, FL, 32405 | $349,900 | 3 | 2 | -- | |
| 2730 Denise Drive, Panama City, FL, 32405 | $250,000 | 4 | 2 | -- | |
| 3512 Ormond Avenue, Panama City, FL, 32405 | $380,000 | 3 | 2 | -- | |
| 3117 Debra Boulevard, Panama City, FL, 32405 | $153,000 | 2 | 2 | -- | |
| 3112 Douglas Road, Panama City, FL, 32405 | $346,500 | 3 | 2 | -- | |
| 3116 Douglas Road, Panama City, FL, 32405 | $365,000 | 3 | 2 | -- | |
| 3109 E Orlando Road, Panama City, FL, 32405 | $99,900 | 3 | 3 | -- |
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ByOwner last updated this listing 06/27/2026 @ 22:19
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