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Listed price in listed location currency (USD).
$690,000

000

MLS® 791909

Overview

Key Facts

Type Multi Family
Levels Residential
Size -
Garage 
Taxes 
Days Active 53
Lot Size 1.92 Acres
Approx. Age 
MLS® Number 791909

Property Address: 2431 Game Farm Rd, Panama City, FL, 32405-5823

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number791909
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
Basement
Driveway
Garage Spaces
Heat
A/C

Extras

Price History

Last Sold Price

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Appreciation

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Avg. Days Listed

49 days

Today, For Sale for $690,000

AI Generated
For Sale · 53 days

$690,000

MLS® 791909

2 months ago

Not Sold Yet

June 2026, For Sale for $347,000

DSC00630 (1)
For Sale · 49 days

$347,000

MLS® 792047

2 months ago

Not Sold Yet

  • Jun 26, 2026, For Sale for $690,000

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