Residential Lot Disposition Program

The City of Panama City, FL is offering a set of vacant residential lots in low‑to‑moderate income neighborhoods for sale to qualified builders or homebuyers. Three participation options are available: (1) purchase at full market value, (2) purchase at a discounted price with the City receiving 50 % of the pre‑discount market value at closing, or (3) the City contributes the lot as part of a development deal and receives 100 % of the lot’s market value at closing. Builders must hold an active residential building license, demonstrate financing, begin construction within 12 months of closing, and comply with all city codes. Buyers (for discounted or contributed lots) must occupy the home as primary residence and meet affordable‑housing criteria. The RFP was posted 10/5/2026, questions are due 10/28/2026, and proposals must be submitted via the Bonfire portal by 11/4/2026. The City will award to the most responsive and responsible proposer based on cost‑effectiveness, financial capacity, and ability to complete the project. • Eligible participants: licensed residential builders and qualified homebuyers. • Five initial parcels listed with parcel IDs and addresses. • Mandatory start of construction within 12 months of closing. • City retains right to accept, reject, or re‑advertise proposals. • All inquiries directed to the Purchasing Division (Johnnie Gallegos).