12th St , en Venta & Alquilar

12th St en Venta & Alquilar

Precio $780,000.00

• Tamaño de lote 222592
• Año de construcción
• Frente al agua
• Zip 320401
• Estilo
• Parking Descripción
• Piscina Yes
• Estado Active

Descripción

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.

6 4S 14W -11- SE1/4 OF NE1/4 LESS PLATTED PORT.& PCLS ORB 4601 P 546

Central Business District, City Location, Near School, Urban Area Development, 5 To Less Than 10 Acre Lot

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.

City:Panama City,Sewer:1:Other,Zoning:MU-2,List A O R:A-Miami Association of REALTORS,Tax Year:2025,List Price:780000,Listing Id:A11989551,Mls Status:Active,Ownership:Corporation,Utilities:1:Other Utilities Available,2:None,3:Other,Current Use:1:Unimproved Hotel/Motel,2:Unimproved Multi Family (5+Units),Postal Code:320401,Street Name:12th St,Lot Features:1:City Location,2:Near School,3:Urban Area Development,4:5 To Less Than 10 Acre Lot,Photos Count:5,Possible Use:1:Intensive Development,2:Urban Commercial,Water Source:1:Municipal Water,2:Other,Days On Market:73,Lot Size Acres:5.11,Lot Size Units:Square Feet,M I A M I R E_ Area:5940 Florida Other,On Market Date:2026-03-25,Parcel Number:18663-000-000,Property Type:Commercial Land,Public Remarks: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.,County Or Parish:Bay County,Expiration Date:2026-10-31,Frontage Length:450,List Office Name:United Realty Group Inc,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Property Sub Type:Income/MultiFamily,State Or Province:FL,Street Dir Prefix:W,Tax Annual Amount:6650,Unparsed Address:W 12th St, Panama City FL 320401,Listing Agreement:Exclusive Right To Sell,Road Frontage Type:1:City/County Maintained,2:Public Road,Building Area Units:Square Feet,Leasable Area Units:Square Feet,Lot Size Dimensions:450x495,Lot Size Square Feet:222592,M I A M I R E_ L P Amt Sq Ft:3.5042,Original List Price:780000,I D X Participation Y N:1,M I A M I R E_ N A R Rules Y N:1,Syndication Remarks: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.,Listing Contract Date:2026-03-25,Originating System I D:miamire,Showing Instructions:Call Listing Agent,See Broker Remarks,Tax Legal Description:6 4S 14W -11- SE1/4 OF NE1/4 LESS PLATTED PORT.& PCLS ORB 4601 P 546,M I A M I R E_ Current Price:780000,M I A M I R E_ Jurisdiction:City,Originating System Name:Miami Association of REALTORS®,M I A M I R E_ County Land Code:MU-2,M I A M I R E_ Geographic Area:Other Geographic Area (Out Of Area Only),M I A M I R E_ Internet Remarks:Prime Panama City development site. Up to ~51 units by zoning. Potential eligibility for LIHTC tax incentives, ideal for affordable housing projects.,M I A M I R E_ Parcel Number M L X:546,M I A M I R E_ Showing Time Flag:1,M I A M I R E_ Street View Param:1$30.1700651012201$-85.67855417215307$98.65$12.11$1.54$,M I A M I R E_ Supplement Count:4,Contract Status Change Date:2026-03-25,Internet Address Display Y N:1,M I A M I R E_ Ok To Advertise List:No,M I A M I R E_ Environmental Audit:Phase 1,M I A M I R E_ Agent Alternate Phone:305-776-3951,M I A M I R E_ Inc Exp Statement Period:N/A,Internet Entire Listing Display Y N:1,M I A M I R E_ Address Internet Display:W 12th St,