648 Florida Avenue, Panama City, FL 32401

Panama City
Local realty services provided by:Better Homes and Gardens Real Estate Historic
648 Florida Avenue,Panama City, FL 32401
$999,000
  • 0.47 Acres
  • Lots / Land
  • Active
Listed by: justin cater llc.
Office: exp realty llc.
MLS#:797548
Source:FL_BCMLS

Price summary

  • Price:$999,000

About this home

RARE DOWNTOWN WATERFRONT DEVELOPMENT OPPORTUNITY WITH PANORAMIC WATER VIEWS! Located at 648 Florida Avenue in the heart of Panama City, this approximately 0.48-acre property offers canal frontage, scenic marsh views, and beautiful views toward St. Andrews Bay and Beach Drive. An exceptional opportunity for builders, developers, and investors seeking waterfront property with tremendous development potential! Panama City's Downtown District (DTD) zoning regulations offer significant development flexibility, including zero-foot minimum zoning setbacks, residential density allowances, substantial building height potential, and opportunities for qualifying development bonuses. Potential uses to explore include luxury single-family homes, subdivided homesites, townhomes, waterfront condominiums, multifamily apartments, boutique hotels, professional offices, retail, restaurants, or mixed-use development. DTD regulations provide for residential densities of up to 30 units per acre,...

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Home facts

  • Subdivision & Development:No Named Subdivision
  • Listing ID #:797548
  • Added:1 day(s) ago
  • Updated:November 09, 2026 at 07:42 PM

Structure and exterior

  • Lot area:0.47 Acres

Utilities

  • Sewer:Public Sewer, Sewer Available

Finances and disclosures

  • Price:$999,000
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