803 E 8TH ST, PANAMA CITY, FL 32401
$25,000
ASSIGNMENT OF CONTRACT
LOT HIGHLIGHTS
OFF-MARKET | |
MINIMAL CLEARING | |
CENTRALLY LOCATED (GLENWOOD) | |
WATER & SEWER AVAILABLE | |
ZONED ‘NR’ (LESS SETBACKS REQUIRED) |
OVERVIEW
If you’re looking for a prime residential lot in the heart of Panama City for your next new construction project – look no further! This lot is the perfect opportunity to add to the increasing affordable housing demand in Panama City. Located in the Glenwood addition just north of the hospital. The neighborhood is seeing a healthy amount of new construction homes.
NEIGHBORHOOD OVERVIEW
AVERAGE SALE PRICE | $243,333 |
AVERAGE HOME SIZE | 1,112 sf |
AVERAGE $/SQFT | $219 |
PROPERTY DETAILS
LOT SIZE | 0.10 acres |
DIMENSIONS | 40 x 140 |
ZONING | NR |
FLOOD ZONE | NO |
LOT TYPE | INTERIOR |
WATER AVAILABILITY | YES |
SEWER AVAILABILITY | YES |
SUBDIVIDE | NO |
# POTENTIAL LOTS | 1 |
COUNTY | BAY |
DEVELOPMENT POTENTIAL
This site is in the Glenwood addition of Panama City, which is providing spec builders with tremendous opportunity to be flexible in their exit strategies for their new construction projects.
The site is situated in the heart of PC, just north of the hospital. As you will see when looking for comps, there is a good amount of new construction and sales activity in the area.
NR Setbacks:
Front and Side/Street – 7′ min / 20′ max
Side/Mid-Block – 5′ min / no max
Rear – 15′ min / no max
ADDITIONAL SITE INFO
Lot will require minimal clearing, as the site does not have too many big trees, and consists mostly of overgrown vegetation.
CLOSING + TITLE DETAILS
Closing Date:
05/06/2025
EMD Amount:
$1,500
Title Company:
Dunlap & Shipman
Phone Number:
(850) 338-6007
Email:
[email protected]
I WANT THE DEAL - WHAT'S NEXT?
Step 1: Contact Adrian (Bottom of Page) or Click the “Submit an Offer” button.
Step 2: Agree on Terms.
Step 3: Review and Sign the Assignment Agreement.
Step 4: Submit Earnest Money Deposit (EMD).
Step 5: Prepare for Closing.
If you have any questions or need assistance during the process, don’t hesitate to reach out to Adrian. We’re here to make your land acquisition as seamless as possible!
DISCLAIMER: This email represents an Assignment of Contract, and the buyer is responsible for conducting all necessary due diligence related to the property. Unwind Land Co. makes no representations or warranties, expressed or implied, as to the accuracy or completeness of the information provided herein. All information is provided as a courtesy and should be independently verified by the buyer. Unwind Land Co. shall not be held liable for any errors or omissions.
HAVE ADDITIONAL QUESTIONS? CONTACT OUR TEAM.
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