3720 Cedar Park Ln

Panama City FL 32404

9148 sq. ft.

Land

Last sold for $55,000

Chad Millner, last sold this property on 18 June 2026 after 148 days on market.

Overview

Imagine what you can build here, a place to create your home on this buildable vacant lot in the Cedar Park Subdivision of Panama City. The lot has already been cleared and filled and is ready for construction, with access to electricity, public water, and public sewer available. Cedar Park is a well-maintained community with a professionally managed homeowners association and established building guidelines. The neighborhood allows for the construction of a single-family residence with a minimum of 1,400 square feet. Additional details regarding building requirements are available upon request. With several reputable custom builders in the area, this property offers flexibility to create a primary residence, a retirement home, or an investment property - recent local MLS data supports strong long-term monthly rental rates, suitable for your investment goals. The location provides convenient access to major destinations, including the growing Tyndall Air Force Base, revitalized downtown Panama City, downtown St. Andrews, shopping, dining, and entertainment. The area also offers easy access to outdoor recreation such as boating, fishing, wildlife management areas, natural springs, and historic sites. The Gulf Coast beaches are within a short drive. Recent news reports have ranked the Panama City-Panama City Beach area among the fastest-growing regions in the nation (#2). With only a limited number of lots remaining in this phase of Cedar Park—and this being the only one currently available—this is a rare opportunity to secure a homesite in an established and growing community. This could be the beginning of something special - where plans become reality. Contact us today for additional information.

Features

9148 sq. ft. lot size

Land

Estimated Value

Based on this property and similar land plots sold in Panama City over the last 12 months, the estimated median property value of 3720 Cedar Park Ln is $50.75k.

Median value

$50.75k

Estimated value range

$16k - $1.5m

Median days on market

Estimated value trend

-9%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Panama City. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.