About W 12th St
Exceptional development opportunity in Panama City, Florida! This 5.11-acre MU-2 zoned property offers the potential to build up to 51 multifamily units by right, with additional density possible under Florida’s Live Local Act. The site features paved road frontage on W 12th Street, utilities nearby, and close proximity to W 15th Street, the area’s main commercial corridor with shopping, schools, and public transportation. Environmental and geotechnical studies are complete, showing no recognized environmental concerns. Existing natural pond and wetlands delineated for future planning. Please contact the listing agent for full Offering Memorandum, survey, Phase I ESA, and other due diligence files.
Features of W 12th St
| MLS® # | A11837641 |
|---|---|
| Price | $780,000 |
| Bathrooms | 0.00 |
| Acres | 5.11 |
| Type | Land / Boat Docks |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | W 12th St |
|---|---|
| Area | 5940 Florida Other |
| City | Panama City |
| County | Bay |
| State | FL |
| Zip Code | 320401 |
| HOPA | No Hopa |
Amenities
| Utilities | None, Other, Sewer Not Available |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Fireplace | No |
|---|
Exterior
| Lot Description | 450x495 |
|---|
Listing Details
| Office | United Realty Group Inc |
|---|