A rare mid-size infill development opportunity located along the rapidly expanding Lisenby/390 corridor. This 5-acre residential site sits just minutes from SweetBay, Downtown Panama City, and the newly widened Hwy 390, offering exceptional connectivity to major employers, schools, and the beaches.
The property consists of two contiguous 2.5-acre parcels with dual access from Lisenby Ave and Fairland Ave, creating flexible options for subdivision layout, circulation, and phased development. The land is partially cleared, mostly level, and well-positioned for efficient site work.
Zoned R-1, the site qualifies for up to 8 dwelling units per acre with a Development Order (DO), making it an excellent candidate for small-lot single-family homes, cottage-style communities, or a boutique residential subdivision. This corridor continues to see strong demand for new housing, with limited supply of developable land.
- 5.0 acres total made up of two contiguous 2.5-acre parcels.
- Located in the Lisenby / Hwy 390 growth corridor, minutes from SweetBay and Downtown.
- R-1 zoning with potential for up to 8 DU/acre with a Development Order (DO).
- Dual access from Lisenby Ave and Fairland Ave supports efficient subdivision design.
- Partially cleared, mostly level land reduces site prep costs.
- Ideal for small-lot SFR, cottage homes, or a boutique residential subdivision.
- Owner financing available for qualified buyers
This is one of the last remaining multi-acre residential development sites in this high-growth corridor.