Back 525 Elm Way
Off Market

525 Elm Way

Panama City FL 32404

87120 sq. ft.
Land
Last sold for $60,000
Heather WootenHeather Wooten, last sold this property on 25 June 2025 after 46 days on market.

Overview

**CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS.** Discover the perfect blend of space and convenience with this expansive 2-acre property just minutes from Tyndall Air Force Base. The land was professionally cleared following Hurricane Michael, providing a clean slate for your plans, though some natural regrowth has since occurred. Whether you're looking to build your dream home or set up a mobile home, the flexible zoning allows for a range of possibilities. Enjoy peaceful surroundings while staying close to shopping, dining, and the beautiful beaches of the Gulf Coast. Don't miss this opportunity to own affordable, high-potential land in a steadily growing area.

Features

87120 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 525 Elm Way is $54k.

Median value
$54k
Estimated value range
$16k - $2.93m
Median days on market
60
Estimated value trend
8%
increase 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.

Property history for 525 Elm Way

2025
Sold
$60,000
25 Jun 2025 by Heather Wooten, of Keller Williams Realty Emerald Coast

Happy sellers in Panama City

94%
94% of sellers in Panama City reported that their sale price either exceeded or met their price expectations.

Panama City stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 15 reviews in Panama City over the last 12 months.

Local market activity for land plots in Panama City

In the last 12 months, 130 land plots similar to 525 Elm Way, have been sold.

This represents a 10% increase in land plots sales when compared to the previous 12 months.

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