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$45,999
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Property Description
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.
Full Property Details
Full Property Details for 1613 E 7th St
General
- Price: $45,999
- Taxes: $1,292 (2024)
- Status: Active
- Type: Land Residential
- Source: Bay_County
- MLS ID: 780600
- Updated: 5/18/2026
- Added to Site: 227 day(s) ago
Location
- County: Bay
- Subdivision: No Named Subdivision
- Driving 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
School Information
- Elementary School: Cherry Street
- Middle School: Jinks
- High School: Bay
Community
- Community Name: 02 - Bay County - Central
Lot Features
- Lot Size (Acres): 0.24
- Lot Size (Sq. Ft.): 10,454
- Lot Size: .24
- Lot Dimensions: 130 x 50
- Frontage: City Street
- Zoning: Resid Single Family
Financial Considerations
- Tax Amount: $1,292
- Tax Year: 2024
Disclosures and Reports
- Special Conditions: Listed As-Is
- 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
- Property ID: 15974-000-000
Listed by EXP Realty LLC
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Schools
Schools serving 1613 E 7th St
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Merriam Cherry Street Elementary School 1125 Cherry Street, Panama City, FL 32401 | PK-5 | 1.1 mi |
Jinks Middle School 600 West 11th Street, Panama City, FL 32401 | 6-8 | 1.9 mi |
Bay High School 1200 Harrison Avenue, Panama City, FL 32401 | 9-12 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1613 E 7th St
Date
Details
Price
Change
Source
5/02/2026
Price Reduced
$45,999
-8%
MLS
10/19/2025
Listed
$49,999
14.94%
MLS
1/10/2024
Sold
$43,500
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1613 E 7th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$506
-61%
$32,016
-49%
2024
$1,292
5%
$62,916
3%
2023
$1,231
16%
$61,261
17%
2021
$1,060
-3%
$52,256
-4%
2022
$1,094
3%
$54,684
16%
2021
$1,060
311%
$47,175
15%
2019
$258
12%
$40,936
2%
2018
$230
7%
$40,173
2%
2017
$215
3%
$39,347
2%
2016
$208
—
$38,538
1%
2015
$209
3%
$38,270
1%
2014
$203
13%
$37,966
1%
2013
$180
—
$37,405
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1613 E 7th St
1613 E 7th Street, Panama City, FL 32401 (MLS# 780600) is a Land Residential property with a lot size of 0.24 acres. 1613 E 7th Street is currently listed for $45,999 and was received on October 19, 2025. Want to learn more about 1613 E 7th Street? Do you have questions about finding other Land Residential real estate for sale in Panama City? You can browse all Panama City real estate or contact a Coldwell Banker agent to request more information.

