Prime 2.5-5 Acre Residential Development Opportunity - Lisenby Ave, Panama City, FL
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.
For sale
$799,900
0 Lisenby Ave, Panama City, FL 32405
--beds
--baths
--sqft
Est.:
Single Family Residence
Built in ----
2.5 Acres Lot
$760,900 Zestimate®
$--/sqft
$-- HOA
What's special
- 7 days |
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