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Listings courtesy of FIELDS OF PROSPER LLC as distributed by MLS GRID.

Active - Land for sale

5527 LAKEWOOD CIRCLE, Panama City, FL

Facts & features

Land Property type
51 days on Beycome
63,162 sqft Lot size

Why you’ll love it

Exceptional opportunity to purchase 5527 Lakewood Circle together with the adjoining lot for 1.45 Acres Total, creating a larger combined homesite with added space, privacy, and development flexibility. The property is zoned R-2, allowing potential uses that may include manufactured housing, a single-family residence, or duplex development, subject to applicable county requirements, permitting, setbacks, and site approval. Located along a quiet paved street in an established residential area, these wooded parcels have mature trees and multiple possibilities for builders, investors, or buyers planning a future homesite. The combined lots may provide room for a larger yard, additional outdoor space, or an income-producing residential project. Conveniently located near shopping, schools, dining, Tyndall Air Force Base, and other Panama City amenities. Both parcels are being sold together as one package. Buyer is responsible for verifying zoning, manufactured-home eligibility, duplex approval, utilities, lot dimensions, access, flood zone, wetlands, build ability, and all other information important to the buyer during the due-diligence period. Cash purchase only. Buyer pays all closing costs.

Translating description...

Listed by: Clarence Fields • clarencefields9@gmail.com • FIELDS OF PROSPER LLC

Co-listed by: FIELDS OF PROSPER LLC

Source: Stellar MLS as distributed by MLS GRID, MLS#: TB8528945 Stellar MLS as distributed by MLS GRID logo

Based on information as of Jun 01, 2026 at 02:21pm EDT.

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Affordability

$60,000$120,000
1%20%
0%90%
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Estimated monthly payment

$493/mo

  • Mortgage$453
  • Property tax$40
  • HOA fee
  • Homeowners insurance
Due at closing$71,153
Down payment held in escrow$17,900
Closing costs$1,343
beycome credit Est.$1,790

Beycome estimates only. Actual amounts and terms vary by lender and location.

Discover the neighborhood

Travel times

About Lakewood Manor Un One Re

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AI-generated overview for informational purposes only.
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Flood & climate risk

FEMA Flood Zone X

Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.

More details

Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

Based on information submitted to the MLS GRID as of Jun 01, 2026 at 02:21pm EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

$89,500 Listed price

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$1,790 Credit back

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