BEAUTIFUL, GREEN ACRES IN PANAMA CITY - ENDLESS POTENTIAL AND FREEDOM! This cleared property offers the perfect blend of tranquility and convenience, with just a little over 25 miles to the white sandy Gulf Coast beaches, and proximity to Pier Park in Panama City Beach for shopping, dining, and family fun. Located only 17 miles from Tyndall Air Force Base and 10 miles from the heart of Panama City, it's an ideal location for those seeking a peaceful escape without sacrificing access to modern amenities. With R-2 zoning, the property offers fantastic flexibility for future use, including the potential for duplexes or manufactured homes. According to the seller, there are no HOA fees or restrictions, making it an excellent opportunity to build or create a private haven. The property was previously used for horses and although the barn has been removed, the open space is ready for new possibilities. An additional small piece of land is available along John Pitts adding even more potential. Note that utilities are not currently on-site. Buyer to verify all information and dimensions as well as zoning to their satisfaction.
Property Details
Property Features
Listing Office:
Office Name: World Impact Real Estate
Lot Features
Lot Information:
Lot: Additional Land, Cleared
Lot Size: 6.34 Acres
Other
Directions Information:
Directions: North on 232, right on Star, left on John Pitts, right on Olympia, property at the end on the right.
Price Information
Listing Price Info
Price Summary:
List Price: $199,700
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
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Nearby Schools
4
/10
Tommy Smith Elementary School
5044 Tommy Smith Dr
Distance between this listing and this school1.96 miles
Public District Grades PK-5
4
/10
Deer Point Elementary School
4800 Highway 2321
Distance between this listing and this school3.71 miles
Public District Grades KG-5
8
/10
North Bay Haven Charter Academy Elementary School
1 Buccaneer Dr
Distance between this listing and this school3.93 miles
Public Charter Grades KG-5
Nearby Schools
3
/10
Merritt Brown Middle School
5044 Merritt Brown Way
Distance between this listing and this school1.85 miles
Public District Grades 6-8
8
/10
North Bay Haven Charter Academy Middle School
1 Buccaneer Dr
Distance between this listing and this school3.92 miles
Public Charter Grades 6-8
7
/10
Bay Haven Charter Middle School
2501 Hawks Landing Blvd
Distance between this listing and this school6.14 miles
Public Charter Grades 6-8
Nearby Schools
9
/10
North Bay Haven Career Academy
1 Buccaneer Dr
Distance between this listing and this school3.92 miles
Public Charter Grades 9-12
5
/10
A Crawford Mosley High School
501 Mosley Dr
Distance between this listing and this school7.16 miles
Public District Grades 9-12
2
/10
Rutherford High School
1000 School Ave
Distance between this listing and this school7.46 miles
The neighbors living near this home have an average income of $66,142. Most Panama City, FL residents have annual incomes between $35k-100k. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 5405 Olympia Dr
What is the listing price of this property?
The listing price of 5405 Olympia Dr property is $199,700.
What type of property is this?
The property 5405 Olympia Dr is land located in Panama City, Florida, 32404.
Is this property for sale now?
Active Listing: 5405 Olympia Dr is For Sale (Active/New) which means the seller is accepting offers.
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This home is located at 5405 Olympia Dr in Panama City, FL and zip code 32404. This home sits on a 6.34 acre lot. It has been listed on Rocket Homes since December 16, 2024 and is currently priced at $199,700.
In November 2024 more than 13 listings in Panama City, FL were sold above the asking price. During the same period more than 33 listings were sold at asking price, while more than 120 were sold below. Between October 2024 and November 2024, Panama City, FL real estate market has seen decrease in the number of listings by 3.9%. Listings spent 79 days on the market in November 2024, and had a median list price of $339,223 during the same period.
From Rocket Homes Real Estate and based on county public records data.
The data relating to real estate for sale on this web site 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. Properties subject to prior sale, change, withdrawal or rental. Copyright© 2024 Central Panhandle Association of REALTORS.© All Rights Reserved.
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