$120,000
2512 Joan Avenue
Panama City, FL 32408
MLS# 785134



Screenshot 2026-02-11 185337
  1 / 3  
Screenshot 2026-02-11 185337 Joan 1 Lagoon Knoll

Property Description
Prime Development Opportunity in Panama City Beach - Short Term Rental District This parcel is one of four adjacent properties being offered together as a package sale, creating a rare development opportunity in a high-demand short term rental area of Panama City Beach. Collectively, the four parcels total approximately 1.79 acres and offer the potential to develop up to 16 single family homes (buyer to verify zoning, density, and development requirements). All parcels in the assemblage feature 250 feet of road frontage on Joan Avenue and 100 feet of frontage on Lagoon Knoll, providing excellent access and design flexibility for future development. The parcels have utilities available, reducing upfront development hurdles and making this an attractive site for builders and investors focused on vacation rental or residential income properties. Located just minutes from the beaches, popular restaurants, shopping and entertainment, this property sits in an area consistently sought after by visitors and second-home buyers alike. Property Highlights: *Part of a 4-parcel assemblage being sold together *Total combined acreage approx. 1.79 acres *Located in a short-term rental friendly area (buyer to verify local regulations) *Potential for up to 16 single-family homes across all parcels *250' frontage on Joan Ave. & 100' on Lagoon Knoll (The assemblage) *Utilities available *close to beach access, dining, attractions, and shopping *Ideal for developers, builders and short-term rental investors A rare chance to secure a well-located development footprint in one of Florida's most active vacation rental markets. (Buyer to verify all zoning, density, utilities, short-term rental regulations, and development feasibility)

Details
Maps
Contract Info
List Price/Acre: 444444.44
Status: Active
List Date: 2026-02-11
List Price: $120,000
Current Price: $120,000
Location
Sub Area: 0319 - Beach - East
Community/Resort: None
Waterfront: No
Elementary School: Breakfast Point
Middle School: Breakfast Point
High School: Arnold
Directions: Drive south on Joan Avenue for about 1/2 mile from Front Beach Road and property will be on your left.
Street #: 2512
Street Name: Joan
Street Suffix: Avenue
Area: 03 - Bay County - Beach
State: FL
Zip Code: 32408
County: Bay
Subdivision: Lagoon Heights
Parcel ID: 30224-000-000
Legal Description: 6 4S 15W UP -11.228- 58B2 LAGOON HEIGHTS UNREC S1/2 LOT 5 BLK 4 ORB 4525 P 714
General Property Info
Acreage: 0.27
Lot Size (SqFt): 11761
Lot Dimensions: 50 X 234
Sub-Type: Vacant Land
Listing Info, Tax & Legal
HOA Fee: No
Last Taxes: 708
Last Tax Year: 2025
Brokerage Interest: Ownership Interest - Listing Broker/Salesperson has ownership interest in the property.
As Is: Yes
Lot: 5
Block: 4
Section: 6
Township: 4S
Range: 15W
Remarks & Misc
Remarks: Prime Development Opportunity in Panama City Beach - Short Term Rental District This parcel is one of four adjacent properties being offered together as a package sale, creating a rare development opportunity in a high-demand short term rental area of Panama City Beach. Collectively, the four parcels total approximately 1.79 acres and offer the potential to develop up to 16 single family homes (buyer to verify zoning, density, and development requirements). All parcels in the assemblage feature 250 feet of road frontage on Joan Avenue and 100 feet of frontage on Lagoon Knoll, providing excellent access and design flexibility for future development. The parcels have utilities available, reducing upfront development hurdles and making this an attractive site for builders and investors focused on vacation rental or residential income properties. Located just minutes from the beaches, popular restaurants, shopping and entertainment, this property sits in an area consistently sought after by visitors and second-home buyers alike. Property Highlights: *Part of a 4-parcel assemblage being sold together *Total combined acreage approx. 1.79 acres *Located in a short-term rental friendly area (buyer to verify local regulations) *Potential for up to 16 single-family homes across all parcels *250' frontage on Joan Ave. & 100' on Lagoon Knoll (The assemblage) *Utilities available *close to beach access, dining, attractions, and shopping *Ideal for developers, builders and short-term rental investors A rare chance to secure a well-located development footprint in one of Florida's most active vacation rental markets. (Buyer to verify all zoning, density, utilities, short-term rental regulations, and development feasibility)
Assumable Mtg Typ
None: 1
Financing
Cash: 1
Conventional: 1
Lot Features
Addl Land Available: 1
Front Footage: 1
Near Beach Access: 1
Near Public Boat Ramp: 1
Subdivision - Recorded: 1
Site Plan: 1
Survey Available: 1
Wooded: 1
Lot Access
County Road: 1
Paved Road: 1
Present Zoning
Resid Single Family: 1
Utilities
All Utilities: 1
Sale Type
As Is: 1
Other - See Remarks: 1
Property Features
Assumable Mtg Typ: None
Financing: Cash; Conventional
Lot Access: County Road; Paved Road
Lot Features: Addl Land Available; Front Footage; Near Beach Access; Near Public Boat Ramp; Subdivision - Recorded; Site Plan; Survey Available; Wooded
Sale Type: As Is; Other - See Remarks
Utilities: All Utilities
Present Zoning: Resid Single Family

Listing Office: Bluewater Realty of Bay County Inc

Last Updated: May - 08 - 2026

Information deemed reliable but not guaranteed.