$199,700

5405 Olympia Dr Panama City, FL 32404

6.3 acres
Land

Property details

About 5405 Olympia Dr

BEAUTIFUL, GREEN ACRES IN PANAMA CITY - ENDLESS POTENTIAL AND FREEDOM! This cleared property offers the perfect blend of tranquility and convenience, with just a little over 25 miles to the white sandy Gulf Coast beaches, and proximity to Pier Park in Panama City Beach for shopping, dining, and family fun. Located only 17 miles from Tyndall Air Force Base and 10 miles from the heart of Panama City, it's an ideal location for those seeking a peaceful escape without sacrificing access to modern amenities. With R-2 zoning, the property offers fantastic flexibility for future use, including the potential for duplexes or manufactured homes. According to the seller, there are no HOA fees or restrictions, making it an excellent opportunity to build or create a private haven. The property was previously used for horses and although the barn has been removed, the open space is ready for new possibilities. An additional small piece of land is available along John Pitts adding even more potential. Note that utilities are not currently on-site. Buyer to verify all information and dimensions as well as zoning to their satisfaction.

Highlights

Home typeResidential
StatusActive
Lot size6.34 Acres
MLS #764688

Summary

  • MLS Number: 764688
  • MLS Name: BCAR
  • Office Name: World Impact Real Estate

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. 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 deemed reliable but not guaranteed. Properties subject to prior sale, change, withdrawal or rental. Copyright© 2025 Central Panhandle Association of REALTORS.© All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 8:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$199,700

5405 Olympia Dr

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Price information

Property sales

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Tax history

YearAssessmentProperty Tax
2023$42,620$533
2022$42,620$492

History based on county public records data.

Nearby schools

4

Tommy Smith Elementary School

Public District PK-5

2.0 mi

5044 Tommy Smith Dr

4

Deer Point Elementary School

Public District KG-5

3.7 mi

4800 Highway 2321

9

North Bay Haven Charter Academy Elementary School

Public Charter KG-5

3.9 mi

1 Buccaneer Dr

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $66,142. Most Panama City, FL residents have annual incomes between $35k-100k. Most families are single, no kids. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

23%
<35k
54%
35k-100k
21%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

34%
Single, No Kids
10%
Single, with Kids
29%
Married, No Kids
27%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

13%
<11 yrs old
7%
12-17 yrs old
31%
18-34 yrs old
40%
35-64 yrs old
9%
65+ yrs old

What do the neighbors do for fun?

  • HuntingHunting
  • Monster TrucksMonster Trucks
  • NASCARNASCAR

Where do the neighbors shop?

  • Academy Sports & OutdoorsAcademy Sports & Outdoors
  • Wal-MartWal-Mart
  • Bass Pro ShopsBass Pro Shops

Where do the neighbors go to eat?

  • Jimmy JohnsJimmy Johns
  • Hardee'sHardee's
  • ApplebeesApplebees

What do the neighbors drive?

  • ChevroletChevrolet
  • RamRam
  • GMCGMC

What do the neighbors listen to?

  • New CountryNew Country
  • Classic CountryClassic Country
  • CountryCountry
All data provided by Home Junction and Claritas

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Frequently asked questions

About 5405 Olympia Dr

This home is located at 5405 Olympia Dr in Panama City, FL and zip code 32404. Features: 0 bathroom. It has been listed on Rocket Homes since December 16, 2024 and is currently priced at $199,700.

In February 2025 more than 5 listings in Panama City, FL were sold above the asking price. During the same period more than 36 listings were sold at asking price, while more than 98 were sold below. The number of listings in Panama City, FL increased by 6.1% between January and February 2025. In February 2025 median list price was $337,016 and the average listing age was 87 days.

From Rocket Homes Real Estate and based on county public records data.

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