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MLS#791909
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONHighland City
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.
Property Features
Property Type: Multi Unit - Multiple
Lot Size: 1.92 Acres
Feature Descriptions
Community Features: Short Term Rental Allowed
Days on Site: 20
Lot Dimensions: 315 X 240 X 308.4 X 225
Parcel#: 12212-000-000
Utilities: Electricity Available, Sewer Available
Local Schools
High School: Bay
Middle School: Mowat
Elementary School: Hiland Park
Listed By / Shown By
Listed By
Agency Name: Anchor Realty Florida
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0040
Estimate Your Payment
Estimated Payment
$ 1,736.89 per month $1,535.64 Principal & Interest $0.00 Property Tax (data not provided by mls) $201.25 Homeowner's InsuranceChange Payment Information
2431 Game Farm Road | MLS# 791909
This multi-family property located at 2431 Game Farm Road, Panama City, FL 32405 is currently listed for sale with an asking price of $690,000. Search Panama City real estate on www.realtymarkllc.com today.