INNOVATE Real Estate
Land at 242 N HIGHWAY 22 A, PANAMA CITY
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8 photos

$120,000

242 N HIGHWAY 22 A
PANAMA CITY, FL 32404
Listed by Samih Sadiq · KELLY RIGHT REAL ESTATE
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

Excellent opportunity to acquire a 0.38-acre vacant lot at 242 N Highway 22 A, Panama City, FL 32404. "Zoning: R-6M" This well-sized parcel offers ample space for a custom spot or holding as a long-term investment. Located along a convenient highway corridor, the property provides easy access to local amenities, schools, and major roadways. Ideal for builders, or investors, seeking a versatile spot with strong development potential in Panama City.Pin Location: Latitude 30.15093600, Longitude -85.59916800. Note: buyers I emphasize the importance of conducting thorough due diligence to ensure that the property meets your expectations and requirements.

Property details

MLS
Stellar MLS
MLS #
MFRO6230007
Property type
Land
Subdivision
N/A
Status
Active
Days on market
685
On market date
September 8, 2024
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.38 acres

Location

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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
PARKER ELEMENTARY SCHOOL
1.02 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
703
Student:teacher ratio
17.6:1
District
BAY
Middle
JINKS MIDDLE SCHOOL
4.32 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
504
Student:teacher ratio
14.8:1
District
BAY
High
RUTHERFORD HIGH SCHOOL
1.46 mi away · Grades 6-12
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,393
Student:teacher ratio
19.9:1
District
BAY

Walkability

Blended score for PANAMA CITY's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

78
Walkable
out of 100
EPA National Walkability Index
13.3 / 20 -- Above average walkable
Google Places amenity density
95 / 100
Restaurants & cafes20
Grocery stores9
Parks6
Schools2
Transit stops15
Pharmacies6

Market position

How this listing compares to current activity in PANAMA CITY, from live MLS data.

On the market 685 days -- 441 more days than PANAMA CITY's current average of 244 days.
For reference, the median list price across 29 active listings in PANAMA CITY right now is $79,900.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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%
%
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% / yr
$
/mo
Est. monthly payment
$873/mo
$24,000 down
$96,000 loan
Principal & interest$623
Property tax (est.)$100
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated July 25, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.