5704 Arnold Rd, Panama City, FL 32404

ust Over 9 Acres — Prime Development Opportunity or Private Mini Farm. Tucked away at the end of a quiet dead-end road, this 9+ acre property offers incredible potential. With over half of the land already cleared, it's ready for your vision—whether you're an investor, developer, or looking to create a custom homesite or mini ranch. Zoned Multi-Family with access to water and sewer. According to the zoning, the property allows for up to 10 units per acre (verify with local zoning). Conveniently located near Highway 231 and Star Avenue, you're just minutes from shopping, schools, and fishing spots—making this an ideal location for a residential development or income-producing investment. A home already sits on the property, and would make for a great fixer upper project. Don't miss this rare opportunity to own a versatile piece of land in a growing area with strong future value.