Description
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, Sweet Bay, 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.
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0BEDS
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2.5ACRES
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0BATHS
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01/2 BATHS
School Information
Description
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, Sweet Bay, 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.
© 2026 Central Panhandle Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty Emerald Coast. Data last updated: 2026-03-08T16:04:00.213.
Listing provided courtesy of Counts Real Estate Group: 850-248-3615. Listing information © 2026 Central Panhandle Association of Realtors MLS.