AAtlantic Commercial AdvisorsKW Commercial · South Florida
W 12th St, photo 1 of 1
For SaleMLSIncome/MultiFamily

W 12th St, Panama City, FL

$780K

Listing courtesy of United Realty Group Inc (Damaso Medina). Contact: [email protected].

About this property

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.

Property facts

Location
Panama City, FL 320401
County
Bay County
Request the OM / rent roll

Offering memorandum, rent roll and financials where the owner releases them. Tell us who you are and Anthony replies, usually within 1 hour.

Is this a 1031 exchange purchase?Buying with 1031 exchange funds?
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Interested in this property?

Contact Anthony Conners at Atlantic Commercial Advisors to schedule a showing or learn more.

Listing data courtesy of Miami REALTORS® / Southeast Florida MLS. This site is operated by Anthony Conners, Atlantic Commercial Advisors, KW Commercial. Atlantic Commercial Advisors is not the listing broker unless stated.

Listing data last updated Aug 26, 2026, 6:27 PM ET.

Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS.

IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS.

W 12th St, Panama City, FL · Atlantic Commercial Advisors