2911 E 5th Ct, Panama City, FL 32401
Property image
Property image
FOR SALE
0.69 ACRES

$250,000

Original price: $264,000

    2911 E 5th Ct, Panama City, FL 32401

    Est. Mortgage $1,660/mo*
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    Home Highlights

    Lot/Land
    0.69 acre lot

    Local Information

    • Map ViewExplore the area around 2911 E 5th Ct.
    • Schools1 Preschool School1 Elementary School1 Middle School1 High School
    • Shop & Eat
    -- mins to
    Commute Destination

    About this House

    Prime Investment Opportunity: Seven Buildable Lots that's already CLEARED!!

    Unlock the potential of this amazing 30,000 sqft (0.68-acre) parcel, perfectly positioned for immediate development!

    The lot is a 100ft deep and has an impressive 300ft frontage, making it an ideal site for seven (7) individual 40' x 100' buildable lots. The best part is the lot is already zoned NEIGHBORHOOD RESIDENTIAL and per the city you could convert it to a minor subdivision, which doesn't take long!! Just $500 bucks to start the process and $50 per new addresses. That's a win-win situation for you!!

    The best part about this opportunity is the ROI, the average homes in that area sold in the past few months were about 255k. The average cost to build a 1200sqft house is 110k-130k. That leaves a lot of equity built into each home!! Now, do the math and times that by 7! Wouldn't you say that's worth it?

    Also, because the property has exceptional versatility, another option could be to build 3-Duplex units and cash flow or resell. ''The world is your oyster'' on this one.

    Don't miss your chance to secure a strategic cash flow opportunity.
    Last check for updates: about 22 hours ago
    Listing courtesy of Ramone C Silvera, (954) 330-3095
    Salty Marlin Realty LLC
    Originating MLS: Central Panhandle Association of REALTORS
    Source: CPAR, MLS#781653
    Also Listed on ECAOR, CPAR, ECAOR.

    Home Details for 2911 E 5th Ct

    Interior Features

    Appliances & Utilities
    Utilities: Sewer Available

    Exterior Features

    Frontage
    Not on Waterfront
    Water & Sewer
    Sewer: Public Sewer

    Days on Market

    Cumulative Days on Market: 272Days on Market: 180+

    Property Information

    Property Type / Style
    Property Type: LandProperty Subtype: Unimproved Land
    Property Information
    Parcel Number: 23280000000

    Price & Status

    Price
    List Price: $250,000

    Active Status

    MLS Status: Active

    Location

    Direction & Address
    City: Panama CityCommunity: No Named Subdivision
    School Information
    Elementary School: Cedar GroveJr High / Middle School: RutherfordHigh School: Rutherford

    Agent Information

    Listing Agent
    Listing ID: 781653

    HOA

    Association for this Listing: Central Panhandle Association of REALTORSNo HOA

    Lot Information

    Lot Area: 0.69 acres

    Miscellaneous

    Mls Number: 781653Living Area Range Units: Square FeetAbove Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area Units: Square FeetUniversal Property Id: US-12005-N-23280000000-R-N

    Around this home

    What Locals Say about Panama City

    At least 485 Trulia users voted on each feature.

    • 87 % Say car is needed

    • 82 % Say parking is easy

    • 81 % Say it's dog friendly

    • 80 % Say yards are well-kept

    • 75 % Say there's holiday spirit

    • 67 % Say kids play outside

    • 64 % Say it's quiet

    • 61 % Say people would walk alone at night

    • 52 % Say they plan to stay for at least 5 years

    • 51 % Say neighbors are friendly

    • 46 % Say there are sidewalks

    • 45 % Say streets are well-lit

    • 38 % Say there's wildlife

    • 37 % Say it's walkable to restaurants

    • 37 % Say it's walkable to grocery stores

    • 26 % Say there are community events

    Sourced by Trulia users. Learn more about our methodology.
    • Aaliyah Beam
      "A lot of people let their dogs free roam around which can be bothersome. They will come into your yard if they want and if you have a reactive dog it can cause a lot of problems"
      2
      Flag
    • Kelliej1313
      "Annual gatherings & parades.everybody meets up for potlucks, holiday gatherings and golf cart parades. We are very close to downtown where there are often festivals and markets. There are also events for the children at Halloween."
      2
      Flag
    • Nino Maruashvili
      "It's very safe and friendly neighborhood. In college station community you can see kids walking and playing around like in our childhood. I love everything about it. It has easy access to grocery stores and shopping. "
      1
      Flag
    • Emili Turnage
      "i live in st andrews & i love it here! the area is super fun, super safe, & there is always something interesting going on. we're also very close to the water & downtown! "
      1
      Flag
    • Dana Dubose
      "Fun beach time in our backyard is our best attribute, we have sunset celebrations ceremonies every evening in the summers."
      3
      Flag
    • Albertcross37
      "My commute in and around my neighborhood is exceptional. There are no barriers or obstacles that prevents a smooth commute"
      2
      Flag
    • Trulia User
      "Traffic is too fast and dangerous it’s not safe area for children to play they drive too fast and everybody is looking at cellphones "
      2
      Flag
    • Trulia User
      "we have a rap party a couple times a month at the end of the street. block parties every other weekend "
      1
      Flag
    • Trulia User
      "dogs roaming free and never maintained. cars speeding down the roads loud noises. unruly kids the kids can be mean to animals "
      1
      Flag
    • Trulia User
      "It’s known to have high rates of crime. The schools located in this neighborhood have extreme violence. "
      2
      Flag
    • Trulia User
      "I see people walking dogs all the time and they are all very well trained dogs.Makes it nice to see them so wl behaved. "
      0
      Flag
    • Trulia User
      "Everyone pitches is when there’s a need. Holidays are always special with Easter egg hunts or Christmas progressive diners. A real sense of community. "
      1
      Flag
    • Michael A
      "Dogs seem welcomed and most people have at least one dog. The only problem I have is with people walking their dog from outside the immediate area, across the road into a different neighborhood and coming over to the area around me and not picking up behind them "
      0
      Flag
    • Kiara G.
      "To many strays running lose and some people don’t clean up behind their dogs at all i live in magnolia pointe "
      0
      Flag
    • Susan L.
      "People walk their dogs here. It's safe to to so, even at night. I've never seen dogs running loose. "
      1
      Flag
    • George B.
      "I've lived here 32 years and love it. Beach is gorgeous and in town has a nice charm.Good community "
      0
      Flag
    • Jennifer N.
      "In this neighborhood I don’t see many dog walkers because they all have a yard for their dogs so not many have to walk their dogs. When I do see a person walking their dog in this neighborhood they are friendly and always walk their dogs on a leash in this neighborhood. "
      0
      Flag
    • Kristi W.
      " several other dogs in the neighborhood, all well trained, and maintained by their owners "
      0
      Flag
    • Margarita C.
      "Best place to live, friendly and the safest place I've ever lived in and or visited. love driving through and seeing how clean the areas are from gas stations to parks, it is absolutely beautiful . The beaches are amazing, we truly love fishing from the pier and afterwards enjoying a delicious and affordable dinner along the beaches many wonderful restarunts. "
      0
      Flag
    • Lmas0602
      "great place to raise children. Schools are wonderful. Teachers really care about the students and ensure they are learning"
      0
      Flag
    • Laderriabyrden
      "It is a quiet family friendly environment that is neatly kept for the most part. The only issues I have had is people stealing from cars where doors are unlocked, but this can happen anywhere."
      0
      Flag
    • Mary F.
      "Even dough this is a pretty safe neighborhood I would say please keep an eye on there kids since the storm you never know what can happen."
      0
      Flag
    • Tim G.
      "Lived here for 11 years now and went through Hurricane Michael. Convenient to downtown and St. Andrews. Local restaurants and beach attractions. "
      0
      Flag
    • Pamelia1966
      "Neighbors are very friendly and they watch out for each other. Nothing is too far from the neighborhood "
      6
      Flag
    • Marissamarie961
      "This town was ok for the most part until hurricane micheal. Now its unlivable with high rental prices the average worker cant afford. Kindness has left this town and all that's left is snooty rich people and the average people living in tents cars or campers in front of torn apart houses."
      0
      Flag
    • Laderriabyrden
      "I've lived here for years and have never had concerns for my safety until after the hurricane. The neighborhood is quiet and clean and for the most part neighbors are courteous."
      0
      Flag
    • Peg S. J.
      "Ive lived here 18 years, neighbors are good people we respect each other’s privacy while at the same time being available to help each other if needed"
      13
      Flag
    • Laurette C.
      "Great park for kids safe area. family and pet friendly. you can ride a bike or walk to Piggly Wiggly and a couple of Dollar stores. "
      0
      Flag
    • Stephcrites
      "I have lived here for 2 years and absolutely LOVE our neighborhood. If you are in need of anything, most any of the neighbors will help you out. (Neighborhood Facebook page gives everyone access to each other). Great schools and access."
      14
      Flag
    • Randy W.
      "Easy and quick. I only live 2.3 miles from my work. Traffic is usually always really light when I’m heading into the office. So everything is perfect here! "
      0
      Flag
    • Jrblaster
      "Great neighbors and serene community. Great and quick access to amenities. I enjoy this place. "
      0
      Flag
    • JB
      "We just experienced a category 4.99 Hurricane... we are a stronger community and neighborhood for it. "
      0
      Flag
    • Shirley C.
      "My neighborhood is very nice. Well kept houses and considerate neighbors. I enjoy living here very much. "
      3
      Flag
    • Carmel
      "Prior to Hurricane Michael my commute and traffic were not really an issue for me a long commute for me was an extra 5 minutes of I had to stop for a train or there was an accident. Since Hurricane Michael I have to plan ny cross town travelers around the traffic flows. "
      0
      Flag
    • Hannah
      "I drive my car but you can take a trolley as well. I’m not sure what else to say because that really the only options I do see people walking and riding bikes"
      0
      Flag
    • Barbara A.
      "my neighborhood has a lot of traffic. its near movie theater and stores.its walking distance. Not a quite neighborhood. but I have been living here for 7 years."
      0
      Flag
    • Meloberlander
      "busy af in the morning. traffic lights haven't been updated since the 70s. busy af at night. if theres a car crash you're going to be stuck for awhile "
      0
      Flag
    • Heather W.
      "Veteran's day parade to the Veteran's Park. Every Christmas Santa rides a fire truck through the neighborhoods and waves to the children."
      0
      Flag

    Market trends in Panama City

    Last updated August 2026
    Buyer'sMarketSeller'sMarket
    Avg. sale price
    $290K
    $2.1K    MoM
    Sale-to-List Price
    97.6%
    0.4%    MoM
    Price per sq ft
    $181
    $0    MoM
    Available listings
    411
    40    MoM

    Home Value

    Trulia Estimate
    $58.7K
    Since last month
    Decreased$3K (-4.4%)
    Since last year
    Decreased$15K (-20.1%)
    Since last sale
    Increased$15K (+34.9%)
    Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

    Trulia Estimate

    The of this home's value increased by +51% in the last 10 years
    MonthEstimated value
    2026
    August 2026$59K
    August 2026$57K
    July 2026$61K
    June 2026$58K
    May 2026$61K
    April 2026$59K
    March 2026$65K
    February 2026$62K
    January 2026$62K
    2025
    2023
    2022
    2021
    2019
    2018
    2017
    2016

    Comparable sales

    These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
    Address
    Distance
    Property Type
    Sold Price
    Sold Date
    Bed
    Bath
    Sqft
    603 Kraft Ave, Panama City, FL
    0.14
    Lot/Land
    $46,500
    09/11/26
    -
    -
    2725 E 6th St, Panama City, FL
    0.19
    Lot/Land
    $110,000
    06/01/26
    -
    -
    405 N East Ave, Panama City, FL
    0.23
    Lot/Land
    $32,000
    04/09/26
    -
    -
    2810 E 6th Ct, Panama City, FL
    0.13
    Lot/Land
    $28,000
    04/30/26
    -
    -
    3200 E 2nd Ct, Panama City, FL
    0.51
    Lot/Land
    $42,000
    04/07/26
    -
    -
    724 Helen Ave, Panama City, FL
    0.65
    Lot/Land
    $37,750
    04/30/26
    -
    -

    Nearby home prices

    Get a sense of expected prices in the area by checking the value of nearby homes.
    Address
    Distance
    Price
    Bed
    Bath
    Sqft
    Status
    528 Kraft Ave #A-B, Panama City, FL 32401
    0.06
    $1,300,000
    12
    12
    6,372
    For Sale
    3035 E 5th St, Panama City, FL 32401
    0.06
    $280,000
    3
    2
    1,288
    For Sale
    525 Kraft Ave, Panama City, FL 32401
    0.08
    $247,200
    3
    2
    1,183
    Off Market
    517 Kraft Ave, Panama City, FL 32401
    0.08
    $227,400
    3
    2
    1,183
    Off Market
    507 Kraft Ave, Panama City, FL 32401
    0.09
    $246,000
    3
    2
    1,309
    Off Market
    521 Kraft Ave, Panama City, FL 32401
    0.10
    $229,000
    3
    2
    1,183
    For Sale
    508 N James Ave, Panama City, FL 32401
    0.11
    $184,900
    3
    1
    1,146
    Off Market
    2908 E 6th Ct, Panama City, FL 32401
    0.12
    $335,900
    4
    3
    2,347
    Off Market
    520 N James Ave, Panama City, FL 32401
    0.13
    $117,200
    2
    1
    762
    Off Market
    524 N James Ave, Panama City, FL 32401
    0.14
    $192,500
    3
    2
    984
    Off Market
    2810 E 6th Ct, Panama City, FL 32401
    0.13
    $28,000
    -
    -
    -
    Recently Sold

    Price and Tax history

    DateEventPrice
    Aug 13, 2026
    Source: CPAR #781653
    		PriceChange
    $250,000
    Price decreased by 5%
    Jun 29, 2026
    Source: ECAOR #989803
    		PriceChange
    $264,000
    Price decreased by 0%
    Apr 20, 2026
    Source: CPAR #781653
    		PriceChange
    $265,000
    Price decreased by 4%
    Jan 31, 2026
    Source: CPAR #781653
    		PriceChange
    $275,000
    Price decreased by 8%
    Nov 14, 2025
    Source: CPAR #781653
    		Listed For Sale
    $299,000

    LGBTQ Local Legal Protections

    Ramone C Silvera, Salty Marlin Realty LLC
    Agent Phone: (954) 330-3095
    IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

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    Frequently asked questions about 2911 E 5th Ct

    • How big is 2911 E 5th Ct?
      2911 E 5th Ct in Panama City, FL is about 0.69 acres (30,056 sq ft).
    • What is the price per acre for 2911 E 5th Ct?
      2911 E 5th Ct in Panama City, FL is listed at $250,000, or about $360K per acre.
    • What do residents say about Panama City?
      Residents describe Panama City, FL as easy to park in, dog-friendly, and well-kept. Most residents say you need a car. See homes for sale in Panama City, FL.
    • What are the closest schools to 2911 E 5th Ct?
      The closest schools to 2911 E 5th Ct in Panama City, FL are Cedar Grove Elementary School (Pre-K, rated 4/10), Rutherford High School (Middle, rated 2/10).
    2911 E 5th Ct, Panama City, FL 32401 is a lot/land. This property is currently available for sale and was listed by CPAR on Jan 6, 2026. The MLS # for this home is MLS# 781653.