1941 E 7th Street, Panama City, FL 32401
Local realty services provided by:ERA Neubauer Real Estate, Inc.
1941 E 7th Street,Panama City, FL 32401
$125,000
- 0.39 Acres
- Lots / Land
- Active
Listed by: peyton w saluto
Office: exp realty llc.
MLS#:782319
Source:FL_BCMLS
Price summary
- Price:$125,000
About this home
Prime infill development opportunity in the City of Panama City. Per recent confirmation from the City, this parcel is zoned Neighborhood Residential and can be divided into 40-foot wide lots based on the current dimensions (approx. 215' of frontage), allowing for up to five buildable lots along Elm Street, with the corner section sized larger. Setbacks in this zoning district are approximately 7-20 feet front, 5 feet side, and 15 feet rear, giving builders a comfortable building envelope on each new lot.
The City has also verified that the existing utilities in Elm Street have capacity to support up to five additional units at this location, making it an attractive option for a small subdivision of new single family homes or a mix of single family and duplex product, subject to standard subdivision and development approvals. Whether you are a builder looking to create multiple new homes or a developer planning a small infill project, the groundwork with zoning, minimum lot width, setbacks, and utility capacity has already been confirmed with the City. Buyer to independently verify all development plans, subdivision requirements, and approvals to their own satisfaction.
Contact an agent
Home facts
- Listing ID #:782319
- Added:70 day(s) ago
- Updated:February 10, 2026 at 03:24 PM
Structure and exterior
- Lot area:0.39 Acres
Schools
- High school:Bay
- Middle school:Jinks
- Elementary school:Cherry Street
Utilities
- Sewer:Sewer Available
Finances and disclosures
- Price:$125,000
- Tax amount:$318 (2024)
New listings near 1941 E 7th Street
- New
$354,900Active4 beds 2 baths2,118 sq. ft.758 Cason Circle, Panama City, FL 32405
MLS# 785131Listed by: KELLER WILLIAMS SUCCESS REALTY - New
$329,500Active4 beds 2 baths2,044 sq. ft.149 Merrion Road, Panama City, FL 32409
MLS# 785088Listed by: BEACH HAVEN REALTY - New
$250,000Active0.54 Acres2524 Joan Avenue, Panama City, FL 32408
MLS# 785090Listed by: BLUEWATER REALTY OF BAY COUNTY INC - New
$250,000Active0.54 Acres2530 Joan Avenue, Panama City, FL 32408
MLS# 785091Listed by: BLUEWATER REALTY OF BAY COUNTY INC - New
$271,990Active4 beds 2 baths1,732 sq. ft.3840 Wall Street Street #HS 90, Panama City, FL 32404
MLS# 785092Listed by: LENNAR REALTY INC - New
$261,990Active3 beds 2 baths1,569 sq. ft.3828 Wall Street Street #HS 93, Panama City, FL 32404
MLS# 785100Listed by: LENNAR REALTY INC - New
$333,400Active3 beds 2 baths1,717 sq. ft.5141 Salvation Street, Panama City, FL 32404
MLS# 785103Listed by: ADAMS HOMES REALTY, INC. - New
$125,000Active3 beds 2 baths1,521 sq. ft.1229 S Katherine Avenue, Panama City, FL 32404
MLS# 785114Listed by: FULL SAIL REALTY OF NWFL - New
$251,990Active3 beds 2 baths1,413 sq. ft.3816 Wall Street Street #HS 96, Panama City, FL 32404
MLS# 785117Listed by: LENNAR REALTY INC - New
$280,000Active3 beds 2 baths1,354 sq. ft.2406 E 16th Court, Panama City, FL 32405
MLS# 785120Listed by: CENTURY 21 BE3