2707 Highway 2321

Panama City FL 32409

3528 sq. ft.

64904 sq. ft.

Other

Currently for sale - view listing

Overview

Builder's dream. Investor's jackpot. Prime location. This 1.49-acre R-2 zoned property sits right off Highway 2321 in Southport—a high-visibility, high-potential opportunity with endless possibilities. Offering 4,032 sq ft of total heated and cooled space—including a main home, a separate 900 sq ft apartment, and a detached suite—the structures are in need of full renovation or teardown. But the real value is in the land: zoned R-2 for multifamily or duplex use and eligible to be split into two parcels if the existing home is removed—perfect for new construction, a build-and-hold strategy, or dual income-producing units. Highway frontage adds future potential for commercial rezoning, opening the door for mixed-use or business development down the line. With no HOA or subdivision restrictions, this property gives you room to build, invest, or reimagine. Whether you're a developer, flipper, or long-term investor, this is the kind of opportunity that rarely hits the market. Don't miss out—schedule your showing today and bring your vision to life!

Features

4 bedrooms

3 bathrooms

3528 sq. ft. floor area

64904 sq. ft. lot size

Other

Property history for 2707 Highway 2321

2019

Sold

$300,560

01 Feb 2019 by Tony Viejo, of AMERICAN REALTY of Bay Co, Inc

Happy sellers in Panama City

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