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$120,000
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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)
Full Property Details
Full Property Details for 2512 Joan Ave
General
- Price: $120,000
- Taxes: $708 (2025)
- Status: Active
- Type: Vacant Land
- Source: Bay_County
- MLS ID: 785134
- Updated: 2/12/2026
- Added to Site: 21 day(s) ago
Location
- County: Bay
- Township: 4S
- Subdivision: Lagoon Heights
- Driving Directions: Drive south on Joan Avenue for about 1/2 mile from Front Beach Road and property will be on your left.
School Information
- Elementary School: Breakfast Point
- Middle School: Breakfast Point
- High School: Arnold
Community
- Community Name: 03 - Bay County - Beach
Lot Features
- Lot Size (Acres): 0.27
- Lot Size (Sq. Ft.): 11,761
- Lot Size: .27
- Lot Dimensions: 50 x 234
- Lot Features: Paved
- Zoning: Resid Single Family
Financial Considerations
- Tax Amount: $708
- Tax Year: 2025
Disclosures and Reports
- Special Conditions: Listed As-Is, Other
- Legal Description: 6 4S 15W UP -11.228- 58B2 LAGOON HEIGHTS UNREC S1/2 LOT 5 BLK 4 ORB 4525 P 714
- Property ID: 30224-000-000
Listed by Bluewater Realty of Bay County Inc
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Schools
Schools serving 2512 Joan Ave
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Breakfast Point Academy 601 N Richard Jackson Boulevard, Panama City Beach, FL 32407 | K-8 | 1.9 mi |
J.R. Arnold High School 550 North Alf Coleman Road, Panama City Beach, FL 32407 | 9-12 | 2.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2512 Joan Ave
Date
Details
Price
Change
Source
2/12/2026
Price Increased
$120,000
20%
MLS
2/11/2026
Listed
$100,000
-78.02%
MLS
2/16/2022
Sold
$455,000
—
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 2512 Joan Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$708
-1%
$57,564
-1%
2024
$713
-2%
$58,045
—
2023
$726
108%
$58,045
100%
2021
$349
-32%
$29,081
-50%
2022
$513
47%
$58,045
91%
2021
$349
-89%
$30,379
5%
2019
$3,038
—
$28,918
2%
2018
$3,032
440%
$28,379
2%
2017
$561
-44%
$27,795
-62%
2016
$997
—
$73,316
-1%
2015
$997
83%
$73,995
-2%
2014
$545
4%
$75,224
-3%
2013
$526
—
$77,169
—
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 2512 Joan Ave
2512 Joan Avenue, Panama City, FL 32408 (MLS# 785134) is a Vacant Land property with a lot size of 0.27 acres. 2512 Joan Avenue is currently listed for $120,000 and was received on February 12, 2026. Want to learn more about 2512 Joan Avenue? Do you have questions about finding other Vacant Land 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.

