Exceptional opportunity to purchase 5527 Lakewood Circle together with the adjoining lot for 1.45 Acres Total, creating a larger combined homesite with added space, privacy, and development flexibility. The property is zoned R-2, allowing potential uses that may include manufactured housing, a single-family residence, or duplex development, subject to applicable county requirements, permitting, setbacks, and site approval. Located along a quiet paved street in an established residential area, these wooded parcels have mature trees and multiple possibilities for builders, investors, or buyers planning a future homesite. The combined lots may provide room for a larger yard, additional outdoor space, or an income-producing residential project. Conveniently located near shopping, schools, dining, Tyndall Air Force Base, and other Panama City amenities. Both parcels are being sold together as one package. Buyer is responsible for verifying zoning, manufactured-home eligibility, duplex approval, utilities, lot dimensions, access, flood zone, wetlands, build ability, and all other information important to the buyer during the due-diligence period. Cash purchase only. Buyer pays all closing costs.
| MLS # | TB8528945 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | For-sale |
| Status | Active |
| Days On Site | 42 |
| Listing Provided By | FIELDS OF PROSPER LLC | Clarence Fields |
| Zoning | R-2 |
|---|---|
| Acreage | 1.45 |
| Property | 482 |
|---|
| State | FL |
|---|---|
| County | Bay |
| City | PANAMA CITY |
| Zip Code | 32404 |
| Area | 32404 Panama City |
| Community Name | LAKEWOOD MANOR UN ONE RE |
| Listing VS Median (in LAKEWOOD MANOR UN ONE RE) | |
Price: $89,500 low | high Med: $0 On site: 42 low | high Med: | |
| State | FL |
|---|---|
| County | Bay |
| City | PANAMA CITY |
| Zip Code | 32404 |
| Area | 32404 Panama City |
| Community Name | LAKEWOOD MANOR UN ONE RE |
| Listing VS Median (in LAKEWOOD MANOR UN ONE RE) | |
Price: $89,500 low | high Med: $0 On site: 42 low | high Med: | |