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$280,000
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Property Description
Just Over 9 Acres -- Prime Development Opportunity or Private Mini Farm. Tucked away at the end of a quiet dead-end road, this 9+ acre property offers incredible potential. With over half of the land already cleared, it's ready for your vision--whether you're an investor, developer, or looking to create a custom homesite or mini ranch. Zoned Multi-Family with access to water and sewer. According to the zoning, the property allows for up to 10 units per acre (verify with local zoning). Conveniently located near Highway 231 and Star Avenue, you're just minutes from shopping, schools, and fishing spots--making this an ideal location for a residential development or income-producing investment. A home already sits on the property, and would make for a great fixer upper project. Don't miss this rare opportunity to own a versatile piece of land in a growing area with strong future value.
Full Property Details
Full Property Details for 5704 Arnold Rd
General
- Sold For: $280,000
- Taxes: $3,871 (2024)
- Status: Closed
- Type: Vacant Land
- Source: Emerald_Coast
- MLS ID: 978884
- Added to Site: 217 day(s) ago
Additional Information
- Improvements: Fenced - Pasture, House
Location
- Area: 27 - Bay County
- County: Bay
- Subdivision: [No Recorded Subdiv]
- Driving Directions: TAKE HWY 231 N, TO STAR AVE. TURN ON TO STAR AVE THEN FIRST LEFT ON TO JOHN PITTS RD TO LEFT ON TO ARNOLD RD., FOLLOW TO THE END OF ROAD. PLEASE CALL LISTING AGENT FOR INSTRUCTIONS.
School Information
- Elementary School: Tommy Smith
- Middle School: Merritt Brown
- High School: Rutherford
Utilities
- Utility Description: Electric, Gas - Propane, Private Well
Structural Information
- Construction: Concrete, Roof Composite Shngl, Stucco
Lot Features
- Lot Size (Acres): 9.15
- Lot Dimensions: Irregular
- Lot Features: Dead End
- Zoning: Horses Allowed, Mobile Home, Resid Multi-Family, Resid Single Family
Water Features
- Water Front Type: Pond
Financial Considerations
- Price Per Acre: $38,240
- Tax Amount: $3,871
- Tax Year: 2024
- Terms: Conventional, FHA, VA
Disclosures and Reports
- Legal Description: 4 3S 13W -16.7- 143B BEG SE COR OF SEC TH W 3817.32 N 1238.50'TO SLY RR R/W FOR POB TH NELY 1008.58' TH SELY 607.1' SWLY 26.52' S 140.90' TH W 1126.04' TO POB ORB 4731 P 147
- APN: 05677-050-000
Listed by Innerscope Realty LLC
Sold by NAVARRE AREA BOARD OF REALTORS(r)
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Schools
Schools serving 5704 Arnold Rd
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Tommy Smith Elementary School 5044 Tommy Smith Drive, Panama City, FL 32404 | PK-5 | 1 mi |
Merritt Brown Middle School 5044 Merritt Brown Way, Panama City, FL 32404 | 6-8 | 1 mi |
Rutherford High School 1000 School Avenue, Panama City, FL 32401 | 6-8 | 7.1 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 5704 Arnold Rd
Date
Details
Price
Change
Source
7/15/2025
Sold
$280,000
-19.98%
MLS
6/16/2025
Listed
$349,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5704 Arnold Road, Panama City, FL 32404 (MLS# 978884) is a Vacant Land property that was sold at $280,000 on July 15, 2025. Want to learn more about 5704 Arnold Road? 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.

