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$149,700
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Property Description
BEAUTIFUL GREEN ACRES IN PANAMA CITY! Cleared piece of property. No HOA or restrictions on this property according to the seller. Zoning: R-2 Duplex/Manufactured Home. Just a little over 25 miles to white sandy beaches along the gulf coast as well as pier park in Panama City Beach where there is shopping, restaurants, and fun activities for the whole family. 17 miles to Tyndall Air Force base and 10 miles to town in Panama City. The owner used the property for their horses. It previously had a barn a on the property that has been taken down. Additional piece of land available (MLS 920312 - ECAR). No utilities on the property.
Full Property Details
Full Property Details for 5405 Olympia Dr
General
- Price: $149,700
- Taxes: $582 (2024)
- Status: Active
- Type: Vacant Land
- Source: Emerald_Coast
- MLS ID: 988056
- Updated: 10/22/2025
- Added to Site: 150 day(s) ago
Location
- Area: 27 - Bay County
- County: Bay
- Subdivision: Rolling Hills
- Driving Directions: North on 231, right on Star, left on John Pitts, right on Olympia, property at the end on the right.
School Information
- Elementary School: Tommy Smith
- Middle School: Merritt Brown
- High School: Rutherford
Utilities
- Utility Description: None
Lot Features
- Lot Size (Acres): 6.77
- Lot Dimensions: irregular
- Lot Features: Cleared
- Zoning: Mobile Home, Resid Single Family
Financial Considerations
- Price Per Acre: $22,112
- Tax Amount: $582
- Tax Year: 2024
Disclosures and Reports
- Legal Description: 10 3S 13W -1.1L- 143D COM NE COR TH W 2374.32' TO WLY SIDE OF 100' GPC R/W ESMT TH SWLY 445' FOR POB TH E 174.03' SELY 230.55' E 141.80' S 60' W 33.39' SELY 246.27' TO THE NE COR ROLLING HILLS SUB U-2 W 701.23' TO NW COR OF LOT 10 SWLY 590.55' W 114.84' NELY 1087.96' TO POB ORB 4017 P 1268
- APN: 05894-001-100
Listed by World Impact Real Estate
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Schools
Schools serving 5405 Olympia Dr
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Tommy Smith Elementary School 5044 Tommy Smith Drive, Panama City, FL 32404 | PK-5 | 1.9 mi |
Merritt Brown Middle School 5044 Merritt Brown Way, Panama City, FL 32404 | 6-8 | 1.8 mi |
Rutherford High School 1000 School Avenue, Panama City, FL 32401 | 6-8 | 7.4 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 5405 Olympia Dr
Date
Details
Price
Change
Source
10/22/2025
Listed
$149,700
—
MLS
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 5405 Olympia Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$777
34%
$77,648
64%
2024
$582
9%
$47,470
11%
2023
$534
-11%
$42,620
-16%
2021
$600
22%
$50,473
18%
2022
$492
-18%
$42,620
-7%
2021
$600
14%
$46,006
5%
2019
$527
-1%
$43,956
—
2018
$535
—
$43,956
—
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 5405 Olympia Dr
5405 Olympia Drive, Panama City, FL 32404 (MLS# 988056) is a Vacant Land property with a lot size of 6.77 acres. 5405 Olympia Drive is currently listed for $149,700 and was received on October 22, 2025. Want to learn more about 5405 Olympia Drive? 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.

