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$40,000
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Property Description
CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS This property offers a great opportunity with a septic and well water, providing self-sufficiency and freedom from city utilities. Located in a quiet, rural setting, it's perfect for those seeking privacy and space to spread out. Whether you're looking to build a home, place a mobile home, or use the land for other purposes, this lot offers endless potential. With no HOA or restrictions, you have the flexibility to make it your own without limitations. Enjoy the peace and quiet of country living, surrounded by nature and open space. Whether you're looking for a fresh start, an investment, or a private retreat away from the city, this property is full of possibilities.
Full Property Details
Full Property Details for 7304 Penny Rd
General
- Sold For: $40,000
- Taxes: $281 (2024)
- Status: Closed
- Type: Vacant Land
- Source: Bay_County
- MLS ID: 771926
- Added to Site: 152 day(s) ago
Location
- County: Bay
- Subdivision: [No Recorded Subdiv]
- Driving Directions: head north on US-231 N from Panama City. After approximately 11 miles, take a left onto Highway 2301. Continue for a short distance, then take a right onto Penny Rd. The destination will be on the left.
School Information
- Elementary School: Tommy Smith
- Middle School: Merritt Brown
- High School: Mosley
Community
- Community Name: 04 - Bay County - North
Utilities
- Utility Description: Septic Available, Water Available
Lot Features
- Lot Size (Acres): 0.74
- Lot Size (Sq. Ft.): 32,322
- Lot Size: .74
- Lot Dimensions: 110 x 294
Financial Considerations
- Tax Amount: $281
- Tax Year: 2024
Disclosures and Reports
- Legal Description: 34-2S-13W -1.80- BEG 726' S & 3970.8' E OF NW COR TH E 110' S 294' W 110' N 294' TO POB AKA LOT 1 ORB 4722 P 935
- Property ID: 05568-010-000
Listed and Sold by Keller Williams Success Realty
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Schools
Schools serving 7304 Penny Rd
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Tommy Smith Elementary School 5044 Tommy Smith Drive, Panama City, FL 32404 | PK-5 | 3.1 mi |
Merritt Brown Middle School 5044 Merritt Brown Way, Panama City, FL 32404 | 6-8 | 3.1 mi |
A. Crawford Mosley High School 501 Mosley Drive, Lynn Haven, FL 32444 | 9-12 | 8.2 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 7304 Penny Rd
Date
Details
Price
Change
Source
10/31/2025
Sold
$40,000
-20%
MLS
9/24/2025
Price Reduced
$50,000
-9.09%
MLS
6/02/2025
Price Reduced
$55,000
-8.33%
MLS
3/21/2025
Listed
$60,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
7304 Penny Road, Panama City, FL 32404 (MLS# 771926) is a Vacant Land property that was sold at $40,000 on October 31, 2025. Want to learn more about 7304 Penny 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.

