Excellent investment opportunity! This 20-acre cleared and functional parcel is located approximately 45 minutes north of Panama City, positioned directly across from Deep Springs Park. With road frontage on three sides, the property offers tremendous flexibility for a variety of uses such as a private homestead, recreational retreat, campground, multi-family development, or the addition of multiple homes or cabins.The property features a partially completed 4-bedroom, 1.5-bath residence with approximately 2,500 square feet of living space. The home is in the final phase of construction and already includes modern tile flooring throughout, a stylish contemporary kitchen, and a newly installed septic system. Remaining work is minimal and includes finishing sections of the front and rear porch roofs, fascia, exterior siding, and installation of one toilet. The property is being sold AS IS. The land is well-equipped with four deep water wells, making it well suited for agricultural use. The property currently supports livestock such as cows and horses, along with an established vegetable garden. With no HOA, no known restrictions, and a recent survey available, this property offers a rare blend of space, infrastructure, and development potential--an excellent option for cash buyers seeking land with versatility and long-term value. All information provided is deemed reliable but is not guaranteed and should be independently verified by the buyer.

Listing courtesy of Catherine P Pagan Perdomo of Ellis Realty LLC



Listing information is provided by Participants of the Emerald Coast Association of Realtors MLS. IDX information is provided exclusively for 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 is deemed reliable but not guaranteed. Copyright 2026, Emerald Coast Association of Realtors MLS.
Last checked: 2026-03-14 07:33 PM UTC