W 12th St
Panama City, FL 320401
222,592Sqft(Lot)
Prime development opportunity in Panama City. This parcel allows for residential development with current zoning supporting up to 10 units per acre, with a maximum potential of approximately 51 units (subject to buyer’s verification). Additionally, the property may qualify for increased density under Florida’s Live Local Act, which can allow for significantly higher density when developing qualifying affordable or workforce housing projects, subject to local approvals and compliance requirements. The site may also be eligible for incentives under the Low-Income Housing Tax Credit (LIHTC) program, offering potential tax advantages for developers. Strategically located near key roads, employment centers, and growing residential demand, this property presents a compelling opportunity
Property Details
Map
Map
Features
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Lot Information
Lot Dimensions: 450x495 Main Square Feet: 222592 Lot Size Acres: 5.11 Lot Size Square Feet: 222,592 Lot Description: FiveToTenAcres
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Listing Price Information
Listing Price: $780000
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Tax Information
Parcel Number: 18663-000-000 Tax Year: 2025 Annual Tax: $6650 Tax Legal Desc: 6 4S 14W -11- SE1/4 OF NE1/4 LESS PLATTED PORT.& PCLS ORB 4601 P 546
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Utility Information
None, Other, SewerNotAvailable -
Location Information
WaterSource: Lake, Public, Other
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ByOwner last updated this listing 06/10/2026 @ 20:30
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