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Harrison Lilly Team

Owner/Operator | Harrison Lilly Emerald Coast | Harrison Lilly Realty | PLACE

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333 N Star Ave , Panama City, FL 32404
$600,000
Est. Payment: $3,314.91/mo
3268 Sqft
2.61 Acres
Status: Active | Days on site: 70
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BSA2 - B6755,B6608
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Harrison Lilly Team
Owner/Operator

House Description

Residential Mobile Home Park / Development Opportunity! Cleared 2.61-acre property on N Star Ave with excellent development potential. Per county information, the property may accommodate up to 32 single-family dwellings, subject to applicable approvals and development order, with city water and sewer connections estimated at approximately $40,000. The sale includes both 333 N Star Ave and 401 N Star Ave, consisting of two parcels totaling 2.61 acres. The property currently features two brand-new Fleetwood mobile homes, along with a new well, septic system, and power poles. One home is a 3-bedroom, 2-bathroom, 1,040-square-foot Fleetwood single-wide, and the other is a 4-bedroom, 2-bathroom, 2,128-square-foot Fleetwood double-wide. The two homes alone represent approximately $300,000 in cost. Conveniently located directly behind Callaway Elementary School and just minutes from restaurants, shopping, and everyday amenities. Whether you're looking to establish an income-producing residential portfolio or capitalize on future development potential, this property offers a unique opportunity. Buyer to verify all zoning, development, utility, and permitting information with the appropriate county and municipal authorities.

Highlights

Listed by Daryle Burkey , 850-896-7755 and Linda F Barfield-jegg , 850-819-9816 Coldwell Banker Realty , 850-234-6696. Bay County Association of REALTORS

Property Type

Commercial Sale

Lot/Acreage
2.61

Year Built

2024

County

Bay

Area

02 - Bay County - Central

Neighborhood

[No Recorded Subdiv]

Listing ID

790972

Questions about this listing?

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Interior Features

Exterior Features

Lot:Cleared
Zoning:County, Resid Multi-Family, Mobile Home
Others:
  • ▪ Additional:Never Occupied
Parking Features:Paved
Principal Interest
$3,315
Taxes
$383

Home Price

$600,000

Loan Details

30 yrs
7.374%

Down Payment

20%
$120,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,314.91

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,314.91 $382.50 $0.00 $3,697.41
Yearly $39,778.96 $4,590.00 $0.00 $44,368.96
Total $1,193,368.89 $137,700.00 $0.00 $1,331,068.89

Today's Rates

30 Year

7.37%

20 Year

7.27%

15 Year

6.8%

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Market insight data is pulled from the same city as the listing being viewed (Panama City, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bay County Association of REALTORS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-10-07T08:26:25.000Z

© 2026 Bay County Association of REALTORS