5405 Olympia Drive

Panama City, FL 32404

$199,700
Price
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Beds
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per Sq. Ft.

Description

Beautiful, green acres in panama city - endless potential and freedom! This cleared property offers the perfect blend of tranquility and convenience, with just a little over 25 miles to the white sandy Gulf Coast beaches, and proximity to Pier Park in Panama City Beach for shopping, dining, and family fun. Located only 17 miles from Tyndall Air Force Base and 10 miles from the heart of Panama City, it's an ideal location for those seeking a peaceful escape without sacrificing access to modern amenities....Beautiful, green acres in panama city - endless potential and freedom! This cleared property offers the perfect blend of tranquility and convenience, with just a little over 25 miles to the white sandy Gulf Coast beaches, and proximity to Pier Park in Panama City Beach for shopping, dining, and family fun. Located only 17 miles from Tyndall Air Force Base and 10 miles from the heart of Panama City, it's an ideal location for those seeking a peaceful escape without sacrificing access to modern amenities. With R-2 zoning, the property offers fantastic flexibility for future use, including the potential for duplexes or manufactured homes. According to the seller, there are no HOA fees or restrictions, making it an excellent opportunity to build or create a private haven. The property was previously used for horses and although the barn has been removed, the open space is ready for new possibilities. An additional small piece of land is available along John Pitts adding even more potential. Note that utilities are not currently on-site. Buyer to verify all information and dimensions as well as zoning to their satisfaction.
  1. Listed by Lisa Morgan • World Impact Real Estate

Property Details for 5405 Olympia Drive

Waterfront
No
Subdivision Name
Rolling Hills
Zoning Description
Mobile Home,Resid Single Family
LISTING UPDATED: 12/15/2024 10:25 PM

Property Details for 5405 Olympia Drive

StatusActive
MLS #764688
Days on Market642
Taxes$534 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Land / Unimproved Land
Year Built-
Lot Size6.34 AC
CountyBay County

Building Information for 5405 Olympia Drive

Building Size-Lot Size6.34 AC

Property Information for 5405 Olympia Drive

Summary
Location and General Information
  • City: Panama City
  • County Or Parish: Bay
  • Directions: North on 232, right on Star, left on John Pitts, right on Olympia, property at the end on the right.
  • Road Surface Type: Paved
  • Postal Code: 32404
  • Latitude: 30.246146
  • Longitude: -85.53142
  • State Or Province: FL
  • MLS Area Major: 05 - Bay County - East
  • MLS Area Minor: 0515 - Bay East - Bayou George
Taxes and HOA Information
  • Parcel Number: 05894-001-100
  • Association: No
  • Tax Annual Amount: $534.00
  • Tax Legal Description: 10 3S 13W -1.1L- 143D COM NE COR TH W 2374.32' TO WLY SIDE OF 100' GPC R/W ESMT TH SWLY 445' FOR POB TH E 174.03' SELY 230.55' E 141.80' S 60' W 33.39' SELY 246.27' TO THE NE COR ROLLING HILLS SUB U-2 W 701.23' TO NW COR OF LOT 10 SWLY 590.55' W 114.84' NELY 1087.96' TO POB ORB 4017 P 1268
  • Tax Year: 2023
School Information
  • Elementary School: Tommy Smith
  • High School: Rutherford
  • Middle Or Junior School: Merritt Brown
Property
Lot Information
  • Lot Features: Additional Land Available, Cleared
  • Lot Size Acres: 6.34
  • Lot Size Dimensions: Irregular
  • Lot Size Square Feet: 276170.0
Property and Assessments
  • Human Modified: No
Utilities
  • Utilities: None
Interior and Exterior Features
Exterior Features
  • Fencing: Perimeter

Property History for 5405 Olympia Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5405 Olympia Drive

Taxable ValueLand$40,599Additions$2,021Total$42,620
Tax Record2023$534 ($44 / month)
Home Facts
Beds0Lot Size294,901 SqFtStyleResidentialZoningBC16CountyBAYAPN05894-001-100

Schools near 5405 Olympia Drive

This home is within Bay.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 6 to 12
Charter - 6 to 8
Rating
School
Distance
Tommy Smith Elementary School
PublicPK to 5

Merritt Brown Middle School
Public6 to 8

Rutherford High School
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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5405 Olympia Drive is a single family home for sale in Panama City, FL 32404. This property was listed for sale on November 5, 2024 by World Impact Real Estate, it's currently listed at $199,700. This listing's school district is Bay. Nearby schools include Tommy Smith Elementary School, Merritt Brown Middle School and Rutherford High School. 5405 Olympia Drive is a 0-bed, 0-bath, single family home.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of World Impact Real Estate

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