W 12th Street
Panama City, FL
MLS # A11989551· Active IDX
$780,000
- Bathrooms
- 0
- Lot size
- 222,592 sq ft
- Type
- Unimproved Land
- Days on market
- 204
About this home
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.
Details
| MLS # | A11989551 |
|---|---|
| Status | Active |
| County | Bay |
| Waterfront | No |
| Water | Other, Public |
| Utilities | None, Other, Sewer Available, Sewer Not Available |
| Annual taxes | $6,650 |
Listing courtesy of United Realty Group Inc, Damaso D Medina. Last updated Oct 12, 2026, 2:10 PM ET.
Request a showing
Mention MLS # A11989551 (W 12th Street) and when you would like to visit. A licensed real-estate professional will contact you.
Licensed brokerage
Premier Real Estate Group Inc
Broker of record Maxim Bohadana, Florida broker license BK3314523
(954) 703-4504The data relating to real estate for sale on this website comes in part from the IDX Program of BeachesMLS, Inc. Information is deemed reliable but not guaranteed. Listings held by brokerages other than Premier Real Estate Group Inc are marked with the IDX logo and detailed information about them includes the name of the listing broker. Last updated Oct 12, 2026, 2:10 PM ET.