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2431 Game Farm Road, Panama City, FL 32405

$690,000
  • 2431 Game Farm Road, Panama City, FL 32405 Main Photo

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Active
BEDS0 BATHS MLS#791909
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONHighland City

Property Description

Prime Multi-Family Development Opportunity - R2 Zoning | Approx. 1. 92 Acres Exceptional investment and development opportunity in a growing area. This approximately 1. 92-acre parcel is zoned R2 Multi-Family and allows up to 15 units per acre, supporting a potential development of up to 23 residential units (subject to final engineering, site plan approval, and municipal review). The property offers approximately 306 feet of frontage and features a favorable layout suitable for a townhome, apartment, or multifamily residential project. Preliminary conceptual planning demonstrates the potential for a 23-unit development with internal access, parking, landscaped common areas, and open space. Development-friendly zoning requirements include: ? Front setback: 20 feet ? Side setbacks: 5 feet ? Rear setback: 10 feet ? Multi-family residential use permitted Located in an area experiencing continued residential growth, this site provides an excellent opportunity for builders, developers, and investors seeking to capitalize on strong housing demand. Utilities availability, zoning regulations, density allowances, and development potential should be independently verified by purchaser. Rare opportunity to acquire a multi-family development site with conceptual plans already demonstrating the property's density potential. Bring your vision and unlock the value of this strategically positioned parcel. Buyer to verify all zoning, density, utility availability, permitting requirements, and development feasibility. Proposed site plan is AI Generated.

2431 Game Farm Road | MLS# 791909

This multi-family property located at 2431 Game Farm Road, Panama City, FL 32405 is currently listed for sale with an asking price of $690,000. Search Panama City real estate on shannonwatkins.premierfl.com today.

Property Features

Property Type: Multi Unit - Multiple
Lot Size: 1.92 Acres

Feature Descriptions

Community Features: Short Term Rental Allowed
Days on Site: 22
Lot Dimensions: 315 X 240 X 308.4 X 225
Parcel#: 12212-000-000
Utilities: Electricity Available, Sewer Available

Local Schools

High School: Bay
Middle School: Mowat
Elementary School: Hiland Park

Listed By / Shown By

Listed By

Agency Name: Anchor Realty Florida

Shown By

Agent Name: Shannon Watkins
Agent Phone: (678) 462-9648
Agency Title: Premier Property Group

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Estimated Payment

$ 1,736.89 per month $1,535.64 Principal & Interest $0.00 Property Tax (data not provided by mls) $201.25 Homeowner's Insurance

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