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A12070986 MLS
Manufactured housing portfolio consisting of eight parcels located in Panama City and Chipley, Florida. Six parcels are currently income-producing with 27 occupied units generating approximately $489,600 in annual gross rental income. The portfolio also includes two vacant parcels offering future development potential.The property mix includes newer manufactured housing communities built in 2021 and 2023, providing stabilized cash flow alongside value-add opportunities. Additional upside exists through vacant homes, available pads, expansion land, and an entitled development site in Panama City approved for up to eight additional units.The portfolio may appeal to investors seeking a combination of current income and future growth potential through infill, expansion, and development opportunities. Contact listing broker for additional information regarding property details, financials, and lease structures.

218 N Kimbrel Avenue, Panama City

$49,999
A4700981 MLS
Please note, the seller has lowered the price several times and is now firm at the listing price. Build your dream home on this 1.33-acre cul-de-sac lot in the sought-after Laird Bayou community, a gated waterfront neighborhood offering the perfect blend of privacy, recreation, and coastal living. Residents enjoy exclusive amenities including a private boat launch, boat and RV storage, a community pool with restrooms, and underground utilities, making it easy to embrace the waterfront lifestyle. Spend your days exploring the beautiful waters of East Bay, boating to Shell Island, or enjoying the nearby beaches and outdoor recreation. Conveniently located just minutes from Tyndall Air Force Base, Mexico Beach, and Panama City, this spacious homesite offers an exceptional opportunity to build your custom coastal retreat in one of Bay County's most desirable communities. Listing is for land only and comes As Is.

702 Island Court, Panama City

$89,500
TB8528945 MLS
Exceptional opportunity to purchase 5527 Lakewood Circle together with the adjoining lot for 1.45 Acres Total, creating a larger combined homesite with added space, privacy, and development flexibility. The property is zoned R-2, allowing potential uses that may include manufactured housing, a single-family residence, or duplex development, subject to applicable county requirements, permitting, setbacks, and site approval. Located along a quiet paved street in an established residential area, these wooded parcels have mature trees and multiple possibilities for builders, investors, or buyers planning a future homesite. The combined lots may provide room for a larger yard, additional outdoor space, or an income-producing residential project. Conveniently located near shopping, schools, dining, Tyndall Air Force Base, and other Panama City amenities. Both parcels are being sold together as one package. Buyer is responsible for verifying zoning, manufactured-home eligibility, duplex approval, utilities, lot dimensions, access, flood zone, wetlands, build ability, and all other information important to the buyer during the due-diligence period. Cash purchase only. Buyer pays all closing costs.

5527 Lakewood Circle, Panama City

$780,000
A11989551 MLS
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 for builders and investors.Buyer to verify zoning, density, utilities, and eligibility for all incentives.

W 12th Street, Panama City

$33,999
A4686555 MLS
Please note, the seller has lowered the price several times and is now firm at the listing price. This vacant lot offers an excellent opportunity to build your future home or make a smart investment. Situated in a desirable neighborhood, the property features 0.69 acres with wooded terrain. Enjoy a peaceful setting while remaining conveniently located near shopping, dining, schools, and major highways, providing easy access to city amenities. Whether you’re looking for a private retreat, a development opportunity, or a long-term investment, this lot provides the flexibility and location to suit your needs. Listing is for land only and comes As Is. Street addresses can be for listing purposes only and vacant land will receive a true street address once improved.

263 Wildwood Drive, Panama City

$650,000
TB8409963 MLS
Waterfront Residential Parcel on Callaway Bayou! Approximately 1.49 acres according to county records, offering space for a private waterfront residence or an approved residential development. The protected, boatable water connects with the Gulf Intracoastal Waterway, St. Andrews Bay, Shell Island, and the Gulf of Mexico. Neighboring waterfront homes have private docks, supporting the boating and fishing lifestyle found along Plantation Drive. Any new dock will require applicable permitting and approval. Zoned R-1 for detached single-family residences. Current City of Panama City regulations provide for a maximum density of 10 dwelling units per gross acre and a minimum newly created lot area of 5,000 square feet. The parcel may offer potential for multiple residential lots through an approved subdivision and development plan. The property has no HOA and offers extended frontage along paved Plantation Drive. Public Water, Sewer, and Electricity are available. A 2021 boundary survey is available and reports approximately 1.355 acres, while county records report approximately 1.49 acres. The survey depicts portions of the property in FEMA Flood Zones AE and X. Convenient to Tyndall Air Force Base, shopping, restaurants, and schools. Qualified buyers may purchase with as little as 20% Down payment.

TBD Plantation Drive, Panama City

$775,000
O6290490 MLS
Hauser Road & Scallop Lane, Panama City FL 32404, Bay County. Multiple parcels for 31 SFR lots. Please see the attachment for the list. East Bay Plantation of Bay County is a 107-acre waterfront community focused on creating a premier destination offering natural beauty, convenient amenities, and exceptional investment value. Limited to just 95 single-family home sites, East Bay Plantation of Bay County offers underground power, ribbon curbing and conservation areas all with common access to a 1000-foot community dock into the bay. Covenants and restrictions with architectural controls will ensure quality development throughout the community. East Bay Plantation of Bay County is conveniently located along the north shore of East Bay near Panama City: 15 minutes from the shopping in Callaway 20 minutes from the Panama City Mall 30 minutes from Panama City Beach.

2718 Sand Flea Street, Panama City