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Agricultural Land for Sale in Panama City, Florida

5405 Olympia Dr, Panama City, FL 32404

$149,700
6.34 acres
Active
ago
Est $1,070/mo

BEAUTIFUL, GREEN ACRES IN PANAMA CITY - ENDLESS POTENTIAL AND FREEDOM! This cleared property offers the perfect blend of tranquility and convenience, with just a little over 25 miles to the white sandy Gulf Coast beaches, and proximity to Pier Park in Panama City Beach for shopping, dining, and family fun. Located only 17 miles from Tyndall Air Force Base and 10 miles from the heart of Panama City, it's an ideal location for those seeking a peaceful escape without sacrificing access to modern amenities. With R-2 zoning, the property offers fantastic flexibility for future use, including the potential for duplexes or manufactured homes. According to the seller, there are no HOA fees or restrictions, making it an excellent opportunity to build or create a private haven. The property was previously used for horses and although the barn has been removed, the open space is ready for new possibilities. An additional small piece of land is available along John Pitts adding even more potential. Note that utilities are not currently on-site. Buyer to verify all information and dimensions as well as zoning to their satisfaction.

Location

Street address
5405 Olympia Dr
Community
Rolling Hills
Elevation
62 feet
Coordinates
30.2461, -85.5314

Directions

North on 231, right on Star, left on John Pitts, right on Olympia, property at the end on the right.

Property details

Acreage
6.34 acres
MLS #
BCAR 780710
Posted

Property taxes

2024
$582

Parcels

  • 05894-001-100

Legal description

Details and features

Listing

Type
Land
Franchise
Independent

Lot

Features
Paved

Nearby schools

NameLevelDistrictDescription
Tommy SmithElementary
Merritt BrownMiddle
RutherfordHigh

Listing history

DateEventPriceChangeSource
Nov 18, 2025New listing$149,700BCAR
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This 6.34-acre property is located at 5405 Olympia Dr in Panama City, FL 32404. The property is available for sale for $149,700 with a price per acre of $23,612.

Checked 55 mins ago — Updated

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Copyright (C) 2025 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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