#775762, Listing office: Dalton Wade Inc
Property details
About W 12th St
Exceptional development opportunity in Panama City, Florida! This 5.11-acre MU-2 zoned property offers the potential to build up to 51 multifamily units by right, with additional density possible under Florida’s Live Local Act. The site features paved road frontage on W 12th Street, utilities nearby, and close proximity to W 15th Street, the area’s main commercial corridor with shopping, schools, and public transportation. Environmental and geotechnical studies are complete, showing no recognized environmental concerns. Existing natural pond and wetlands delineated for future planning. Please contact the listing agent for full Offering Memorandum, survey, Phase I ESA, and other due diligence files.
Highlights
Home typeMulti Family
StatusActive
Lot size5.11 Acres
MLS #A11837641
Virtual tour
Summary
- List Price: $780,000
- Lot Size: 5.11 Acres
- MLS Number: A11837641
- MLS Name: SEFMIAMI
- Office Name: United Realty Group Inc
- Office Phone: (954) 450-2000
- Office Email: broker@urgfl.com
- Listing Agent: Damaso Medina
© 2025 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing 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. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/30/2025, 3:45:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
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Tax history
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Nearby schools
4
Palm Bay Elementary School
Public Charter KG-5
0.4 mi
•1104 Balboa Ave
1
St. Andrew School at Oakland Terrace
Public District PK-5
0.6 mi
•2010 W 12th St
3
Northside Elementary School
Public District PK-5
1.2 mi
•2001 Northside Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $52,155. Most Panama City, FL residents have annual incomes between $35k-100k. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
27%
<35k
62%
35k-100k
8%
100k-200k
3%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
54%
Single, No Kids
9%
Single, with Kids
25%
Married, No Kids
12%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
11%
<11 yrs old
5%
12-17 yrs old
17%
18-34 yrs old
41%
35-64 yrs old
26%
65+ yrs old
What do the neighbors do for fun?
Horse Races
Pro Boxing
NHRA Drag Racing
Where do the neighbors shop?
Stein Mart
Family Dollar
Big Lots
Where do the neighbors go to eat?
LongHorn Steakhouse
White Castle
Golden Corral
What do the neighbors drive?
Buick
Chevrolet
Kia
What do the neighbors listen to?
Contemporary Inspirational
Rock
Adult Standards
All data provided by Home Junction and Claritas
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Frequently asked questions
About W 12th St
The listing price of W 12th St property is $780,000.
The property W 12th St is land located in Panama City, Florida, 32040.
Active Listing: W 12th St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for W 12th St are: Palm Bay Elementary School (GreatSchools Rating 4/10), St. Andrew School at Oakland Terrace (GreatSchools Rating 1/10), Northside Elementary School (GreatSchools Rating 3/10), Jinks Middle School (GreatSchools Rating 2/10), University Academy Sabl Inc (GreatSchools Rating 10/10), Mowat Middle School (GreatSchools Rating 5/10), Bay Virtual Instruction Program (District Provided) (GreatSchools Rating 5/10), Palm Bay Preparatory Academy 6-12 (GreatSchools Rating 7/10), Bay Virtual Franchise (GreatSchools Rating 6/10).
The property W 12th St is 5.11 acres.
This home is located at W 12th St in Panama City, FL and zip code 32401. Features: 0 bathroom. It has been listed on Rocket Homes since July 9, 2025 and is currently priced at $780,000.
In June 2025 more than 26 listings in Panama City, FL were sold above the asking price. During the same period more than 47 listings were sold at asking price, while more than 144 were sold below. Between May and June 2025, Panama City, FL real estate market has seen decrease in the number of listings by 2.4%. In June 2025, listings were on the market for 78 days. During the same period, the median list price in this real estate market was $330,871.
From Rocket Homes Real Estate and based on county public records data.