Recently Viewed Properties
See This Home
Save This Listing
Close

View All Photos

$275,000

  • For Sale
  • Active
  • Vacant Land
  • 0.69 Acres
See This Home
Save This Home
See This Home
Save This Home
Prime investment opportunity: six cleared and buildable lots ready for immediate development. This 30,000-sqft parcel offers a 100-ft depth and an impressive 300-ft frontage, allowing six individual 50' x 100' lots. The property is already rezoned, and the city confirms no subdivision conversion is required--simply install a front culvert for drainage. With local homes recently selling around $255K and build costs for a 1,200-sqft home averaging $110K-$130K, each project offers strong equity and compelling ROI. Multiply that potential by six and the profit becomes undeniable. The land also supports alternative strategies, including three duplexes for long-term cash flow or resale. Don't miss this versatile, high-return opportunity.

Full Property Details for 2911 E 5th Ct E

General

  • Price: $275,000
  • Status: Active
  • Type: Vacant Land
  • Source: Emerald_Coast
  • MLS ID: 989803
  • Updated: 1/31/2026
  • Added to Site: 93 day(s) ago

Location

  • Area: 27 - Bay County
  • County: Bay
  • Subdivision: No Recorded Subdivision
  • Driving Directions: To reach 2911 E 5th Court, Panama City, FL 32401, from downtown Panama City near the Bay County Courthouse, head east on E 23rd Street toward N Watterson Avenue, continue on E 23rd Street until you reach the Millville neighborhood, then turn right onto E 5th Court and continue until you arrive at the property on the right.

School Information

  • Elementary School: Cedar Grove
  • Middle School: Rutherford ( Middle )
  • High School: Rutherford

Utilities

  • Utility Description: Public Sewer

Lot Features

  • Lot Size (Acres): 0.69
  • Lot Dimensions: 300*100
  • Zoning: See Remarks

Financial Considerations

  • Price Per Acre: $398,550
  • Terms: Bond Money Available, Conventional, FHA, VA

Disclosures and Reports

  • Legal Description: 11 4S 14W -271- BEG 80' S OF NW COR OF SE1/4 OF NW1/4 OF NW1/4 FOR POB TH S 100' E 300' N 100' W 300' TO POB ORB 3517 P 848
  • APN: 23280-000-000

Listed by Salty Marlin Realty

Quickly Find Out More

* Indicates a required field

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Listing agent

— 2911 E 5th Ct E —

  • Salty Marlin Realty

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 2911 E 5th Ct E

School District:Bay County School District
NameGradesDistance
Parker Elementary School
640 South Highway 22 A, Panama City, FL 32404
PK-52 mi
Rutherford High School
1000 School Avenue, Panama City, FL 32401
6-80.7 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 2911 E 5th Ct E Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/31/2026
Price Reduced
$275,000
-8.03%
MLS
11/17/2025
Listed
$299,000
587.36%
MLS
5/08/2013
Sold
$43,500
—
Public Record
Get Price Alerts and Save Property
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 for 2911 E 5th Ct E

Year
Property Taxes
Change
Tax Assessment
Change
2025
$493
-55%
$37,050
-36%
2024
$1,097
16%
$57,815
10%
2023
$945
38%
$52,457
70%
2021
$685
-2%
$30,803
-3%
2022
$696
2%
$31,745
7%
2021
$685
46%
$29,727
2%
2019
$469
-14%
$29,043
-19%
2018
$543
2%
$35,874
1%
2017
$533
-2%
$35,558
—
2016
$545
-3%
$35,558
—
2015
$561
-3%
$35,558
-4%
2014
$577
-3%
$36,926
-10%
2013
$597
—
$41,222
—
View All
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 for 2911 E 5th Ct E

$
Down Payment
%
$
%

$
$

*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Salty Marlin Realty

Similar Properties near 2911 E 5th Ct E

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

2911 E 5th Ct, Panama City, FL 32401 - Photo 1
$275,000

2911 E 5th Ct  Panama City, FL 32401

  • Vacant Land
  • Active
  • 0.69
    Acres
1205 Hickory Ave, Panama City, FL 32401 - Photo 1 Just Listed
$275,000

1205 Hickory Ave  Panama City, FL 32401

  • Vacant Land
  • Active
  • Updated 1 day ago
  • 0.43
    Acres

Just Listed near 2911 E 5th Ct E

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

11 Hemingway Ln, Freeport, FL 32439 - Photo 1 Just Listed
$444,400
Open House

11 Hemingway Ln  Freeport, FL 32439

  • Single Family
  • Active
  • Updated 7 hours ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,721
    Sq. Ft.
Listed by Courtney Lincoln (850) 460-5393
65 Concert Ct, Freeport, FL 32439 - Photo 1 Just Listed
$439,990

65 Concert Ct  Freeport, FL 32439

  • Single Family
  • Active
  • Updated 5 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 2,071
    Sq. Ft.
Listed by Paige Brown (850) 830-9514 and Trey Runnels (850) 502-1681
183 Meadow Lake Dr, Freeport, FL 32439 - Photo 1 Just Listed
$614,900
Open House

183 Meadow Lake Dr  Freeport, FL 32439

  • Single Family
  • Active
  • Updated 7 hours ago
  • 3
    Beds
  • 3
    Total Baths
  • 2,399
    Sq. Ft.
Listed by Courtney Lincoln (850) 460-5393
20B W Club House W, Freeport, FL 32439 - Photo 1 Just Listed
$135,000

20B W Club House W  Freeport, FL 32439

  • Vacant Land
  • Active
  • Updated 2 days ago
  • 0.59
    Acres

Price Reduced near 2911 E 5th Ct E

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

158 Lafayette Creek, Freeport, FL 32439 - Photo 1 Price Reduced
-$10,900 (-2.66%)
$399,000

158 Lafayette Creek  Freeport, FL 32439

  • Single Family
  • Active
  • Updated 3 days ago
  • 4
    Beds
  • 4
    Total Baths
  • 2,348
    Sq. Ft.
Listed by Jacob Foreman (850) 499-1453
523 Arrowwood Blvd, Freeport, FL 32439 - Photo 1 Price Reduced
-$20,000 (-4.29%)
$445,850

523 Arrowwood Blvd  Freeport, FL 32439

  • Single Family
  • Active
  • Updated 2 days ago
  • 4
    Beds
  • 4
    Total Baths
  • 2,872
    Sq. Ft.
51 S Main Deck Dr S, Freeport, FL 32439 - Photo 1 Price Reduced
-$10,000 (-4.17%)
$229,900

51 S Main Deck Dr S  Freeport, FL 32439

  • Townhouse
  • Active
  • Updated 5 days ago
  • 3
    Beds
  • 3
    Total Baths
  • 1,459
    Sq. Ft.
56 Camellia Ln, Freeport, FL 32439 - Photo 1 Price Reduced
-$3,000 (-0.72%)
$411,900

56 Camellia Ln  Freeport, FL 32439

  • Single Family
  • Active
  • Updated 6 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,718
    Sq. Ft.

Recent Sales near 2911 E 5th Ct E

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

245 Central Ave, Panama City, FL 32401 - Photo 1 Sold
$240,000

245 Central Ave  Panama City, FL 32401

  • Single Family
  • Closed
  • 3
    Beds
  • 2
    Total Baths
620 Helen Ave, Panama City, FL 32401 - Photo 1 Sold
$287,000

620 Helen Ave  Panama City, FL 32401

  • Single Family
  • Closed
  • 4
    Beds
  • 3
    Total Baths
724 Sheffield Ave, Panama City, FL 32401 - Photo 1 Sold
$294,000

724 Sheffield Ave  Panama City, FL 32401

  • Single Family
  • Closed
  • 3
    Beds
  • 2
    Total Baths
922 Huntington Dr, Panama City, FL 32401 - Photo 1 Sold
$249,900

922 Huntington Dr  Panama City, FL 32401

  • Single Family
  • Closed
  • 3
    Beds
  • 2
    Total Baths

2911 E 5th Court E, Panama City, FL 32401 (MLS# 989803) is a Vacant Land property with a lot size of 0.69 acres. 2911 E 5th Court E is currently listed for $275,000 and was received on November 17, 2025. Want to learn more about 2911 E 5th Court E? 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.

Tour this property