
Residential Land for Sale in Panama City, Florida
1613 E 7th St, Panama City, FL 32401
Build-ready opportunity in the heart of Panama City! This oversized corner lot offers exceptional flexibility for homeowners, builders, and investors alike. Zoned Neighborhood Residential, the property allows for single-family detached homes, duplex development, cottage court concepts, and even an accessory dwelling unit (ADU) creating multiple paths for future income potential or multigenerational living. City utilities including water, sewer, and electric are already available, helping reduce upfront development costs and simplifying the building process. Positioned just minutes from Downtown Panama City, local dining, shopping, schools, and waterfront attractions, this location combines convenience with strong long-term upside. Whether you're looking to build your dream home, develop a duplex investment property, or create a modern cottage-style project with added rental income potential, this property delivers rare zoning flexibility in a growing market. Corner lot positioning also provides added accessibility, visibility, and design options for future construction. Don't miss the chance to secure a versatile residential lot in one of Panama City's evolving neighborhoods.
Location
- Street address
- 1613 E 7th St
- County
- Bay County
- Zip code
- 32401
- Elevation
- 46 feet
Directions
From HWY 77 take a left on E 11th St. Then a right on Bay Ave. Then a left on E. 7th Street and the lot will be on your left
Property details
- Lot size
- 0.24 acres10,454 sq ft
- Zoning
- Resid Single Family
- MLS #
- BCAR 780600
- Posted
Property taxes
- 2024
- $1,292
Parcels
- 15974-000-000
Legal description
3 4S 14W-161-105A3 BEG 15'W OF SE COR OF SE1/4 OF SW1/4 OF SW1/4 TH N 160' W 50' S 160' E 50' TO BEG LESS RD R/W ORB 4719 P 1326
Nearby schools
| Name | Type |
|---|---|
| Cherry Street | Elementary |
| Jinks | Middle |
| Bay | High |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| May 2, 2026 | Price drop | $45,999 | $4,000 -8% | BCAR |
| Dec 18, 2025 | Price drop | $49,999 | $6,351 -11.3% | BCAR |
| Dec 5, 2025 | Price increase | $56,350 | $12,850 29.5% | BCAR |
| Nov 18, 2025 | New listing | $43,500 | — | BCAR |