

2431 Game Farm RoadPanama City, FL 32405
Multi-Family · 1.92 Acres2431 Game Farm Road Overview
- Time on Site:
- 3 days
- Visits:
- 0
Prime Multi-Family Development Opportunity - R2 Zoning | Approx. 1.92 Acres Exceptional investment and development opportunity in a growing area. This approximately 1.92-acre parcel is zoned R2 Multi-Family and allows up to 15 units per acre, supporting a potential development of up to 23 residential units (subject to final engineering, site plan approval, and municipal review). The property offers approximately 306 feet of frontage and features a favorable layout suitable for a townhome, apartment, or multifamily residential project. Preliminary conceptual planning demonstrates the potential for a 23-unit development with internal access, parking, landscaped common areas, and open space. Development-friendly zoning requirements include: • Front setback: 20 feet • Side setbacks: 5 feet • Rear setback: 10 feet • Multi-family residential use permitted Located in an area experiencing continued residential growth, this site provides an excellent opportunity for builders, developers, and investors seeking to capitalize on strong housing demand. Utilities availability, zoning regulations, density allowances, and development potential should be independently verified by purchaser. Rare opportunity to acquire a multi-family development site with conceptual plans already demonstrating the property's density potential. Bring your vision and unlock the value of this strategically positioned parcel. Buyer to verify all zoning, density, utility availability, permitting requirements, and development feasibility. Proposed site plan is AI Generated.
2431 Game Farm Road Facts & Features
- Type Multi-Family
- Lot 1.92 Acres
Details
General
Association/HOA
- Association: false
School Information
- Elementary School: Hiland Park
- Middle Or Junior School: Mowat
- High School: Bay
Building Information
- New Construction: true
Location/Region
- County Or Parish: Bay
- MLS Area Major: 02 - Bay County - Central
- MLS Area Minor: 0201 - Bay - Central NE
- Postal City: Panama City
- Subdivision Name: Highland City
Community/Development
- Community Features: Short Term Rental Allowed
Tax Information
- Tax Year: 2025
General Information
- Parcel Number: 12212-000-000
- Property Sub Type: Multi Family
- Property Type: Residential
Interior
Parking Information
- Garage: false
Beds/Baths
- Bathrooms Full: 0
- Bathrooms Total: 0
- Bedrooms Total: 0
General Information
- Living Area Source: Appraiser
- Rooms Total: 0
- Units Furnished: None
Exterior
Lot Information
- Lot Size Acres: 1.92
- Lot Size Area: 1.92
- Lot Size Dimensions: 315 X 240 X 308.4 X 225
- Lot Size Square Feet: 83635.0
- Lot Size Units: Acres
Waterfront/View
- Waterfront: false
General Information
- Utilities: Electricity Available,Sewer Available
2431 Game Farm Road Neighborhood
Community
32405 (Panama City) Demographics
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.2431 Game Farm Road Monthly Cost
2431 Game Farm Road Market Data
Based on the last 30 days in this zip code
2431 Game Farm Road History
| Date | Value | Agent |
|---|---|---|
| 6/26/2026Source: Central Panhandle MLS | June 26, 2026 |