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Active - Other for sale
W 12th St, Panama City FL 320401
Facts & features
Why you’ll love it
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.
Listed by: Damaso Medina • 305-776-3951 • United Realty Group Inc
Co-listed by: United Realty Group Inc
Source: Miami MLS, MLS#: A11989551
Based on information as of Sep 02, 2026 at 06:39am EDT.
Come see by yourself
Affordability
$4,498/mo
- Mortgage$3,944
- Property tax$554
- HOA fee
- Homeowners insurance
Beycome estimates only. Actual amounts and terms vary by lender and location.
Discover the neighborhood
Travel times
About Panama City
AI-generated overview for informational purposes only.
Please verify all details independently before relying on it.
Disclaimer
No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements.
Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions.
Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided.
Copyright ©2026.
Based on information as of Sep 02, 2026 at 06:39am EDT.
