
tbd Redwood Avenue, Panama City, FL 32401
No Named Subdivision · Bay County
Key Facts
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
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.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 0 Old Grade Road, Polk City, FL | $12,500 | — | — | — |
| 0 Commonwealth Avenue N, Polk City, FL | $12,500 | — | — | — |
| 115 MILLER Avenue, Crescent City, FL | $12,500 | — | — | — |
| 413 SE LOMOND AVENUE, Lake City, FL | $12,500 | — | — | — |
| 5102 Northbay Drive, Panama City, FL | $12,714/mo | — | — | 5,868 |
| NONE, POLK CITY, FL | $12,900 | — | — | — |
Moving Cost Estimate
Listing Courtesy: Realty Check Real Estate Services - 8505229522





