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Active
2431 Game Farm RD Panama City, FL 32405
1.92 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Subdivision Highland City
MLS Listing ID 791909
HOA Y/N No
Tax Year 2025
Lot Size 1.920 Acres
Acres 1.92
Property Sub-Type Multi Family
Property Description
Prime Multi-Family Development Opportunity - R2 Zoning | Approx. 1.92 Acres
Exceptional investment and development opportunity in a growing area. This approximately 1.92-acre parcel is zoned R2 Multi-Family and allows up to 15 units per acre, supporting a potential development of up to 23 residential units (subject to final engineering, site plan approval, and municipal review).
The property offers approximately 306 feet of frontage and features a favorable layout suitable for a townhome, apartment, or multifamily residential project. Preliminary conceptual planning demonstrates the potential for a 23-unit development with internal access, parking, landscaped common areas, and open space.
Development-friendly zoning requirements include:
• Front setback: 20 feet
• Side setbacks: 5 feet
• Rear setback: 10 feet
• Multi-family residential use permitted
Located in an area experiencing continued residential growth, this site provides an excellent opportunity for builders, developers, and investors seeking to capitalize on strong housing demand. Utilities availability, zoning regulations, density allowances, and development potential should be independently verified by purchaser.
Rare opportunity to acquire a multi-family development site with conceptual plans already demonstrating the property's density potential. Bring your vision and unlock the value of this strategically positioned parcel.
Buyer to verify all zoning, density, utility availability, permitting requirements, and development feasibility. Proposed site plan is AI Generated.
Exceptional investment and development opportunity in a growing area. This approximately 1.92-acre parcel is zoned R2 Multi-Family and allows up to 15 units per acre, supporting a potential development of up to 23 residential units (subject to final engineering, site plan approval, and municipal review).
The property offers approximately 306 feet of frontage and features a favorable layout suitable for a townhome, apartment, or multifamily residential project. Preliminary conceptual planning demonstrates the potential for a 23-unit development with internal access, parking, landscaped common areas, and open space.
Development-friendly zoning requirements include:
• Front setback: 20 feet
• Side setbacks: 5 feet
• Rear setback: 10 feet
• Multi-family residential use permitted
Located in an area experiencing continued residential growth, this site provides an excellent opportunity for builders, developers, and investors seeking to capitalize on strong housing demand. Utilities availability, zoning regulations, density allowances, and development potential should be independently verified by purchaser.
Rare opportunity to acquire a multi-family development site with conceptual plans already demonstrating the property's density potential. Bring your vision and unlock the value of this strategically positioned parcel.
Buyer to verify all zoning, density, utility availability, permitting requirements, and development feasibility. Proposed site plan is AI Generated.
Location
State FL
County Bay
Community Short Term Rental Allowed
Area 02 - Bay County - Central
Interior
Fireplace No
Exterior
Community Features Short Term Rental Allowed
Utilities Available Electricity Available, Sewer Available
Private Pool No
Building
New Construction Yes
Schools
Elementary Schools Hiland Park
Middle Schools Mowat
High Schools Bay
Others
Restrictions Short Term Rentals Allowed
Tax ID 12212-000-000
Listed by Anchor Realty Florida
Schools and Properties Nearby
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