$150,000
Panama City, FL 32404
MLS# 1065688
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Property Description
Residential Infill Development Opportunity - Owner Financing Available. Vacant residential land assemblage in an established Panama City neighborhood offering strong infill yield potential for builders and developers. A boundary survey of Dec. '25 indicates the primary Omoko Street parcel can be subdivided into 4 buildable residential lots, each approximately 40'x95'. A 10' platted alley between the lots is noted as abandonment, meaning the public right-of-way has been formally vacated, with ownership typically reverting to the owner, providing added design flexibility and potential lot reconfiguration. An additional ±376 sq ft abandoned area on the south end of the property may support the creation of up to two additional lots, subject to zoning, access, and planning approvals. Additional parcel included: 6371 Hiwassee St.. Optional expanded package: Adjacent parcel at S Jan Dr. & Winona St. (Parcel ID 06901-020-000) Ideal for spec homes. Seller motivated and Surveys available.
Details
Maps
Documents
Contract Information
Comp Sale YN: Yes
Current Price: $150,000
Original List Price: 150000
List Price: $150,000
Status: Active
Listing Contract Date: 2026-01-06
Property Sub Type: Unimproved Land
Location, Tax, and Legal
Tax Account: 1234567
Parcel Number: 06905-000-000
General County Location: Out of Brevard
Tax Annual Amount: 139.29
Tax Year: 2025
Tax Legal Description: CALLAWAY PLAT (13.6) 132B1 LOTS 14, 15, 16, 17 & W 15' OF LOT 18 BLK 51 A PART OF VACATED OMOKO ST. DESC AS BOUNDED ON THE WEST BY JAN DR NORTH BY LOTS 16, 17,18 OF BLK 51 ON THE SOUTH BY LOTS 13, 14, 15 BLK 60 ON EAST BY DITCH LYING 95' EAST OF JAN DR ORB 1619 P 139 ORB 1745 P 1731 ORB 3763 P 177
Zoning Description: Residential
Directions: Directions from US-231 (SR-75) & SR-390
(Nearest major highway intersection)
Start at the intersection of US-231 (SR-75) and SR-390 in Panama City.
Head east on SR-390 for approximately 1.8 miles.
Turn right (south) onto S Jan Drive.
Continue south on S Jan Drive
Turn left (east) onto Winona St.
Turn right (south) onto S Comet Ave.
Turn right (west) onto Okomo St.
Property at Dead End.
General Property Information
Road Frontage Feet: 80
Number Of Lots: 2
Lot Size Acres: 0.515
Lot Size Dimensions: 80.0 ft x 95.0 ft
Lot Dimensions Source: GIS Calculated
Lot Size Square Feet: 22433
Association YN: No
Water Body Access YN: No
Waterfront YN: No
Land Lease YN: No
Senior Community YN: No
CDD Fee YN: No
List Price/Acre: 288461.54
Currently Not Used
Pool Private YN: No
Remarks and Miscellaneous
Public Remarks: Residential Infill Development Opportunity - Owner Financing Available. Vacant residential land assemblage in an established Panama City neighborhood offering strong infill yield potential for builders and developers. A boundary survey of Dec. '25 indicates the primary Omoko Street parcel can be subdivided into 4 buildable residential lots, each approximately 40'x95'. A 10' platted alley between the lots is noted as abandonment, meaning the public right-of-way has been formally vacated, with ownership typically reverting to the owner, providing added design flexibility and potential lot reconfiguration. An additional ±376 sq ft abandoned area on the south end of the property may support the creation of up to two additional lots, subject to zoning, access, and planning approvals. Additional parcel included: 6371 Hiwassee St.. Optional expanded package: Adjacent parcel at S Jan Dr. & Winona St. (Parcel ID 06901-020-000) Ideal for spec homes. Seller motivated and Surveys available.
Closing Company Details
Closing Company Name: PRECISION TITLE SERVICE
Closing Company Address: 6639 Southpoint Pkwy, Suite 106 Jacksonville, FL 32216
Current Use
Residential: 1
Unimproved: 1
Legal Details
Plat Book #: 1747
Plat Book Page: 194
Listing Terms
Cash: 1
Owner May Carry: 1
Private Financing Available: 1
Lot Features
Cul-De-Sac: 1
Wooded: 1
Possession
Close Of Escrow: 1
Road Frontage Type
City Street: 1
Road Surface Type
Paved: 1
Sewer
Public Sewer: 1
Special Listing Conditions
Standard: 1
Utilities
Cable Available: 1
Electricity Available: 1
Sewer Available: 1
Water Available: 1
Water Source
Public: 1
Development Status
Raw Land: 1
Showing Requirements
No Sign: 1
Other: 1
Location Tax and Legal
Street Number: 6321
Street Name: Omoko
Street Suffix: Street
County: Bay
State: FL
Postal Code: 32404
MLS Area Major: 999 - Out of Area
Subdivision Name: None
Status Change Information
Major Change Timestamp: 2026-01-06T23:11:52Z
Major Change Type: New Listing
Status Change Timestamp: 2026-01-06
Property Features
Current Use: Residential; Unimproved
Development Status: Raw Land
Listing Terms: Cash; Owner May Carry; Private Financing Available
Lot Features: Cul-De-Sac; Wooded
Possession: Close Of Escrow
Road Frontage Type: City Street
Road Surface Type: Paved
Sewer: Public Sewer
Showing Requirements: No Sign; Other
Special Listing Conditions: Standard
Utilities: Cable Available; Electricity Available; Sewer Available; Water Available
Water Source: Public
Supplements
Residential Infill Development Opportunity - Panama City, FL
**Owner Financing Available**
Rare opportunity to acquire a vacant residential land assemblage in an established Panama City neighborhood, ideal for builders and developers seeking scalable infill projects. A boundary survey by Sea Level Surveying and Mapping, Inc. (12/4/2025) shows the primary Omoko Street parcel can be subdivided into four (4) buildable residential lots, each approximately 40' x 95'.
A 10' platted alley between the lots is noted as "Abandonment," meaning the public right-of-way has been formally vacated, with ownership typically reverting to the owner, allowing added design flexibility. An additional ±376 sq ft abandoned section on the south end of the property further enhances development potential and may support the creation of up to two additional lots, subject to zoning and approvals.
Additional parcel included in the sale:
6371 Hiwassee Street, Panama City, FL 32404
Optional expanded package:
Adjacent vacant parcel just north of Omoko St., located on the SE corner of S Jan Dr. & Winona St. (Parcel ID 06901-020-000). Parcel is approximately 0.29 acres with survey indicating potential for three (3) buildable lots, each approx. 40' x 95'.
Well-suited for spec homes, small subdivisions, or rental portfolios. Seller is motivated and prefers to sell as a combined development package. Surveys available.
Boundary Survey - Okomo St. 
Listing Office: Century 21 Alton Clark
Last Updated: January - 07 - 2026
Information is deemed to be reliable, but is not guaranteed.