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Whitehead Blvd
Panama City, FL 32404
Land For Sale · 138.00 AC
INVESTMENT HIGHLIGHTS
- Within 7 Miles of Downtown Panama City
- Within 10 Miles of FSU Panama City Campus
PROPERTY FACTS Under Contract
| Sale Type | Investment | Property Subtype | Residential |
| No. Lots | 1 | Total Lot Size | 138.00 AC |
| Property Type | Land |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 138.00 AC |
1 LOT AVAILABLE
Lot
| Lot Size | 138.00 AC |
| Lot Size | 138.00 AC |
DESCRIPTION
Strategically located in Panama City North, which is experiencing explosive residential and commercial growth, with over 1,000 homes recently built in the area and hundreds more underway. Conveniently positioned just minutes from the major intersection of Highway 231 and Transmitter Road, the Subject Property is an infill opportunity in the heart of the expanding market area. Overall, the Panama City MSA, with nearly 200,000 people, is the third largest city in the Florida Panhandle, following Pensacola and Tallahassee. It is located in the central panhandle, approximately 95 miles east of Pensacola and 100 miles southwest of Tallahassee. With its steady growth, its population is expected to exceed 200,000 by 2025. The city‘s unemployment rate of 2.7% as of June 2022, is significantly below the national average of 3.5%. The region’s major industries include: Defense & Aerospace, Healthcare, and Tourism.
PROPERTY TAXES
| Parcel Number | 05932-010-000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $919,455 |
PROPERTY TAXES
ZONING
| Zoning Code | Urban Community |
| Urban Community |
