Prime 2.5-5 Acre Residential Development Opportunity - Lisenby Ave, Panama City, FL
2.5 Acre Parcel for $799k, Both parcels - 5 Acre for $1.5m
Two contiguous 2.5-acre parcels (5 acres total) positioned just outside the sought-after Sweet Bay community.
This site offers exceptional potential for residential development with R-1 zoning allowing up to 8 DU/acre with a Development Order (DO).
Location Advantage: Minutes from Publix, SweetBay, and the newly expanded 6-lane Hwy 390, providing direct access to downtown Panama City, the beaches, and major regional employers. Site Characteristics:
Approximately 5 acres, partially cleared, mostly level, with dual access from Lisenby Ave and Fairland Ave. Development Potential: Ideal for infill housing, residential subdivision, or small community development within one of Panama City's fastest-growing corridors.
Zoning Flexibility: R-1 zoning with DO approval for up to 8 units per acre makes this a strong candidate for multi-phase or higher-density residential concepts. Owner Financing Available: Flexible terms considered for qualified buyers.
Prime 2.5-5 Acre Residential Development Opportunity - Lisenby Ave, Panama City, FL
2.5 Acre Parcel for $799k, Both parcels - 5 Acre for $1.5m
Two contiguous 2.5-acre parcels (5 acres total) positioned just outside the sought-after Sweet Bay community.
This site offers exceptional potential for residential development with R-1 zoning allowing up to 8 DU/acre with a Development Order (DO).
Location Advantage: Minutes from Publix, SweetBay, and the newly expanded 6-lane Hwy 390, providing direct access to downtown Panama City, the beaches, and major regional employers. Site Characteristics:
Approximately 5 acres, partially cleared, mostly level, with dual access from Lisenby Ave and Fairland Ave. Development Potential: Ideal for infill housing, residential subdivision, or small community development within one of Panama City's fastest-growing corridors.
Zoning Flexibility: R-1 zoning with DO approval for up to 8 units per acre makes this a strong candidate for multi-phase or higher-density residential concepts. Owner Financing Available: Flexible terms considered for qualified buyers.
