About W 12th Street
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.
Residential Land/boat Docks property for sale in Panama City, FL at W 12th Street.
Features of W 12th Street
| MLS® # | A11989551 |
|---|---|
| Price | $780,000 |
| Acres | 5.11 |
| Type | Residential Land/boat Docks |
| Sub-Type | Unimproved Land |
| Status | Active |
Community Information: Panama City
| Address | W 12th Street |
|---|---|
| Area | 5940 - Other Florida County |
| City | Panama City |
| County | Bay |
| State | FL |
Amenities of W 12th Street
| Utilities | None, Other, Sewer Available, Sewer Not Available |
|---|---|
| Is Waterfront | No |
School Information
| Elementary | North Side |
|---|
Additional Information On W 12th Street
| Listing Courtesy of | United Realty Group Inc |
|---|---|
| Date Listed | March 25th, 2026 |
| Zoning | MU-2 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | United Realty Group Inc |
|---|