Back 5704 Arnold Road
Off Market

5704 Arnold Road

Panama City FL 32404

398574 sq. ft.
Land
Last sold for $280,000
Travis MattairTravis Mattair, last sold this property on 15 July 2025 after 577 days on market.

Overview

ust Over 9 Acres — Prime Development Opportunity or Private Mini Farm. Tucked away at the end of a quiet dead-end road, this 9+ acre property offers incredible potential. With over half of the land already cleared, it's ready for your vision—whether you're an investor, developer, or looking to create a custom homesite or mini ranch. Zoned Multi-Family with access to water and sewer. According to the zoning, the property allows for up to 10 units per acre (verify with local zoning). Conveniently located near Highway 231 and Star Avenue, you're just minutes from shopping, schools, and fishing spots—making this an ideal location for a residential development or income-producing investment. A home already sits on the property, and would make for a great fixer upper project. Don't miss this rare opportunity to own a versatile piece of land in a growing area with strong future value.

Features

398574 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 5704 Arnold Road is $52.5k.

Median value
$52.5k
Estimated value range
$16k - $2.93m
Median days on market
61
Estimated value trend
5%
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 5704 Arnold Road

2025
Sold
$280,000
15 Jul 2025 by Travis Mattair, of Innerscope Realty LLC

Happy sellers in Panama City

93%
93% 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 13 reviews in Panama City over the last 12 months.

Local market activity for land plots in Panama City

In the last 12 months, 137 land plots similar to 5704 Arnold Road, have been sold.

This represents a 3% increase in land plots sales when compared to the previous 12 months.

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