143 N James Ave, Panama City, FL 32401

Amazing development opportunity! Currently zoned as 1 large - almost an acre parcel (but can be reverted back to the original plat of 5 lots) in Central Bay County, minutes from the new Concrete plant (old Papermill) and the Shipyard! This beautiful land is adorned with huge mature oak trees and has endless possibilities. According to the building/planning department, you can tear down the existing house and build 5 detached single-family homes; or leave it and renovate the existing home and build 3 new homes - zoned for single family, townhouses/duplexes or cluster homes. Can you see the cutest tiny home development homes here? Or housing for either the plant or shipyard.... This is a great opportunity for the forward thinking investor! Newly paved street with new drainage culverts and all new city utility lines make this a winner! PLEASE NOTE: the photos with captions are AI generated overlays onto an aerial photo of the parcel. These do not represent ANY OF THE ACTUAL improvements on the property.