1427 1st Street, Panama City, FL 32409

Panama City
Local realty services provided by:Better Homes and Gardens Real Estate Historic
1427 1st Street,Panama City, FL 32409
$119,000
  • 0.68 Acres
  • Lots / Land
  • Active
Listed by: the sanchez group
Office: think real estate
MLS#:792475
Source:FL_BCMLS

Price summary

  • Price:$119,000

About this home

Excellent development opportunity at 1427 1st Street in Panama City -- four buildable residential lots, each 50' x 150', zoned R-2 in Bay County. Located in Flood Zone X, and with water already available, this property helps simplify and speed up the building process. R-2 zoning allows for single family, duplex, townhomes, or manufactured homes, offering outstanding flexibility for builders and investors. Whether you're looking to build spec homes for investment or duplexes to rent, this is an ideal opportunity in a growing area of Panama City.

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Home facts

  • Subdivision & Development:[No Recorded Subdiv]
  • Listing ID #:792475
  • Added:121 day(s) ago
  • Updated:November 09, 2026 at 03:48 PM

Structure and exterior

  • Lot area:0.68 Acres

Schools

  • High school:Deane Bozeman
  • Middle school:Deane Bozeman
  • Elementary school:Southport

Finances and disclosures

  • Price:$119,000
  • Tax amount:$211 (2025)
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