2431 Game Farm Road, Panama City, FL 32405

Panama City
Local realty services provided by:Better Homes and Gardens Real Estate Historic
2431 Game Farm Road,Panama City, FL 32405
$690,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: diane rushing
Office: anchor realty florida
MLS#:791909
Source:FL_BCMLS

Price summary

  • Price:$690,000

About this home

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: 5 feet • Rear setback: 10 feet • Multi-family residential use permitted Located in an area experiencing continued residential growth, this site provides an excellent opportunity for builders,...

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Home facts

  • Subdivision & Development:Highland City
  • Listing ID #:791909
  • Added:48 day(s) ago
  • Updated:August 14, 2026 at 02:57 PM

Structure and exterior

  • Lot area:1.92 Acres

Schools

  • High school:Bay
  • Middle school:Mowat
  • Elementary school:Hiland Park

Utilities

  • Sewer:Sewer Available

Finances and disclosures

  • Price:$690,000
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