401 N Kimbrel Avenue, Panama City, FL 32404

Panama City
Local realty services provided by:Better Homes and Gardens Real Estate Historic
401 N Kimbrel Avenue,Panama City, FL 32404
$8,000,000
Virtual Tour
  • 16.54 Acres
  • Lots / Land
  • Active
Listed by: catriese m johnson
Office: coldwell banker realty
MLS#:754214
Source:FL_BCMLS

Price summary

  • Price:$8,000,000

About this home

LOCATION! LOCATION! LOCATION! Discover an exceptional opportunity with this 16.53-acre parcel situated at 401 N Kimbrel Avenue in the dynamic and developing Panama City, Florida. Boasting a prime location that is conveniently close to educational institutions, recreational areas, and vital employment hubs, including Tyndall Air Force Base, this site is ideal for developers looking to respond to the city's current and future housing needs. The property offers ample space for a significant multi-family residential project, with zoning classification R5-A, which allows for the construction of up to 25 residences per acre. The max allowable units in this location is 413. We are excited to welcome investors to the market for a development-ready project after Seller has completed the initial work and preparation. The potentially 400 door multifamily development has been cleared. The 16.5 acre parcel is situated along the major thoroughfare in the area, Highway22 and also connects to...

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Home facts

  • Listing ID #:754214
  • Added:746 day(s) ago
  • Updated:March 19, 2026 at 02:37 PM

Structure and exterior

  • Lot area:16.54 Acres

Finances and disclosures

  • Price:$8,000,000
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