Property Description

808 E 9th Court is an 80 ft x 140 ft oversized lot located in the Glenwood Addition neighborhood not far from Bay Medical Center, from shopping, The Cove, downtown Panama City, and right near the Glenwood Community Center. It is perfectly centrally located! This 'up and coming' area is an investors dream as new homes are being constructed all around this location and especially in this neighborhood. This would be an investors paradise. All new homes are going up on this street! Invest in the vitality and redevelopment of Panama City! This lot is zoned NR- Neighborhood Residential (please see all documents in the documents section) and this lot can be split into two parcels if a buyer such desires making for two separate pieces of property. See photos for idea. Additionally, this property is located in a 'Qualified Opportunity Zone- which allows for favorable federal tax capital gains treatment. ' (Designated an OZ 2. 0). Located at the rear of the land is an alley that runs parallel to 8th Court for more privacy in the back with access out from your home. Electric and Water is available but not fully hooked-up and would be the responsibility of the new buyer. This lot is cleared and ready for its next owner! Agent has been in contact with Planning and Zoning about details of the property. Can pass info and contact information on.

Property Features

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