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Lisenby Avenue
Panama City, FL 32405 Pretty Bayou

$799,900 USD

Land For Sale  •  2.5 AC

Property Details

  • Property Type Land
  • Lot Size 2.5 AC
  • Zoning R1
0 Transit Score
23 Walk Score

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).

Highlights

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.

This offering combines strategic location, strong zoning upside, and growing demand, a rare opportunity to develop in a rapidly expanding area of Panama City.

Public Transportation

AirportDriveWalkDistance
Northwest Florida Beaches International 36 min - 21.2 mi
Matthew Grimsley 850-890-6832 Counts Real Estate
Matthew Grimsley 850-890-6832 Counts Real Estate