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tbd Redwood Avenue, Panama City, FL 32401

No Named Subdivision · Bay County

Key Facts

0.07Lot (acres)

Description

Ideally positioned at the intersection of Redwood Avenue and 7th Plaza, this compact parcel offers big potential for the right vision. Spanning approximately 0.068 acres (60' x 50'), this lot has been confirmed buildable by the city--making it an excellent opportunity to create a custom residence or investment property in an established neighborhood. The location is especially appealing--situated on the same street as Patterson Academy School, near Ascension Hospital, and less than half a mile from Watson Bayou and a new public boat launch featuring paved parking, trailer/boat wash facilities, and bathrooms. Enjoy convenient access to the water and outdoor recreation while still being close to everyday amenities. The property backs up to a cemetery, ensuring no rear neighbors and added privacy--an increasingly valuable feature in growing communities. Whether you're a builder, investor, or future homeowner looking for a distinctive homesite, this lot presents a compelling canvas for your next project. Address to be determined. Please verify all information for accuracy. Opportunities like this don't come around often--secure your piece of Millville today. And the price is just right!

Property Information

Property Type

Land

Lot Size

0.07 acres

Lot Dimensions

60x50

Days on Market

26

MLS® Listing#

787174

Property Features

Utilities

Sewer Available

Schools

Elementary:
Cherry Street
Middle:
Jinks
High:
Bay

Financial Details

HOA

None

Annual Taxes

$150

Tax year 2025

Parcel Number

15945-000-000

Directions

Lets start at the Bay County Fairgrounds and travel South on Sherman Ave. Cpmtomie South across 11th St, then turn right onto 8th St. which will dead end on Redwood Ave., turn left. This lot is on the Southwest Corner of 7th Plaza and Redwood Ave. There is an existing concrete pad on this lot. Redwood Cemetary is South of this lot.

Affordability Calculator

$3,550

Estimated monthly payment

$94/mo

Principal $14,200 · Est. interest $19,810 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Panama City, FL

$379,336
Median Listing Price
106
Median Days on Market
1,566
Median Sq Ft
$250
Median Price / Sq Ft
6,101
Active Listings
  • This home’s price is 95% below the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Panama City, FL.

Similar Homes Nearby

Similar Home Values

Comparable nearby listings and their asking prices.

Moving Cost Estimate

Listing Courtesy: Realty Check Real Estate Services - 8505229522

The data relating to real estate for sale on this website comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2026 Central Panhandle Association of REALTORS®. All Rights Reserved.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by CentralPanhandleAssociationOfRealtors. MLS® Listing#787174. © 2026EXIT Realty®. All rights reserved.