
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 buyers verification).Additionally, the property may qualify for increased density under Floridas 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.Th...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 buyers verification).Additionally, the property may qualify for increased density under Floridas 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.
View MoreCourtesy of
Agency Name: United Realty Group Inc
Agency Phone: 954-450-2000
Agent Name: Damaso Medina
Presented by
Agency Title: The Keyes Company
Agency Phone:
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W 12th St , Panama City, FL 32040.
Email W 12th St , Panama City, FL 32040
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