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Sold for $145,000
  • $145,000

    5405 Olympia Dr, Panama City, FL 32404

    --beds
    --baths
    6.34Acres
    Unimproved Land
    Built in ----
    6.34 Acres Lot
    $-- Zestimate®
    $--/sqft
    $1,816 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,816/mo

    Zestimate® history
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    What's special

    Cleared propertyBeautiful green acres
    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Lisa Morgan 850-259-1902,

    World Impact Real Estate

    Bought with:

    Inga M Brown, CQ1023433

    Counts Real Estate Group

    Source: CPAR,MLS#: 780710MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Property

    Lot
    • Size: 6.34 Acres
    • Features: Paved
    Details
    • Parcel number: 05894001100
    • Zoning description: Resid Single Family, Mobile Home
    • Special conditions: Listed As-Is

    Utilities & green energy

    • Utilities for property: None

    Community & HOA

    Community
    • Subdivision: Rolling Hills
    HOA
    • Has HOA: No
    Location
    • Region: Panama City

    Financial & listing details

    • Tax assessed value: $47,470
    • Annual tax amount: $582
    • Date on market: 10/22/2025
    • Cumulative days on market: 126 days

    Price history

    DateEventPrice
    3/13/2026Sold$145,000-3.1%
    Source: CPAR #780710 Report a problem
    2/26/2026Pending sale$149,700
    Source: ECAOR #988056 Report a problem
    10/22/2025Listed for sale$149,700-16.8%
    Source: CPAR #780710 Report a problem
    6/28/2025Listing removed$180,000
    Source: CPAR #764688 Report a problem
    4/17/2025Price change$180,000-9.9%
    Source: ECAOR #920308 Report a problem
    4/5/2025Listed for sale$199,700
    Source: ECAOR #920308 Report a problem
    3/23/2025Pending sale$199,700
    Source: ECAOR #920308 Report a problem
    8/19/2024Price change$199,700-13.2%
    Source: ECAOR #920308 Report a problem
    6/20/2024Price change$230,000-4.2%
    Source: ECAOR #920308 Report a problem
    10/5/2023Price change$240,000+9.1%
    Source: ECAOR #920308 Report a problem
    4/3/2023Listed for sale$220,000-12%
    Source: ECAOR #920308 Report a problem
    12/13/2022Listing removed--
    Source: CPAR #728104 Report a problem
    6/15/2022Listed for sale$250,000+51.5%
    Source: CPAR #728104 Report a problem
    5/25/2022Listing removed--
    Source: CPAR #722113 Report a problem
    3/22/2022Listed for sale$165,000
    Source: CPAR #722113 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$582 +9.1%$46,882 +10%
    2023$534 +8.5%$42,620
    2022$492 $42,620
    2021-- --
    2020$553 +4.8%$46,006 +4.7%
    2019$527 $43,956
    2018$527 $43,956
    Find assessor info on the county website

    Neighborhood: 32404

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Tommy Smith
    • Middle: Merritt Brown
    • High: Rutherford

    Source: CPAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.