Street view of vacant development lot with vegetation and residential buildings in Río Abajo Panama City

Exterior street view: Centrally located urban lot including partial sidewalk frontage and potential access points.

Vacant overgrown lot suitable for mid-rise development in Río Abajo Panama City

Lot interior: Interior lot view showing vegetation and buildable flat area within Panama City.

Aerial satellite view of Calle 86 Oeste lot in central Panama City suitable for multi-family development

Aerial view: Lot highlighted in urban grid near Avenida España and Metro access.

Land for Sale

Bargain R3 Zoned Land for Sale Rio Abajo Panama City - 734m2

Río Abajo, Río Abajo, Panama City

USD280,000

About this Land

Investment opportunity: 734.25 m² fully titled land located on Calle 86 Oeste in Río Abajo, Panama City, ideal for developing mid-density apartment building allowed by R3 zoning. Highly favorable price of $280,000 equaling ~$381/m² makes this a bargain for investors/builders. Excellent location within an established residential/commercial corridor near public transportation, Vía España, and 12 de Octubre Metro. Perfect for multi-family, small condominium or rental project. Contact Casa Nova Realty Panama agent Maria Lopez at +50763611367 / maria@hola.com.pa for complete zoning map and to schedule a site visit. Don’t miss this value land deal inside Panama City.

Contact Maria Lopez at Casa Nova Realty Panama today to schedule a viewing! Reference Listing ID: 5Y4GgiN.

Key Features

R3 residential zoning for mid-density (up to 5 floors)
Regular lot shape
Flat topography with mild vegetation overgrowth
Ready for development
Ideal for apartments, townhouses, or rental project
Easy utility hookups nearby
Strong rental demand zone

Detailed Features

Outdoor

Property Details

TypeLand

CategoryResidential Development Land

Lot Size734.25 m²

FurnishedNo

Pets AllowedNo

Listing ID5Y4GgiN

Location & Nearby

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Neighborhood Highlights

Direct access to Vía España and Río Abajo Avenue
Established residential neighborhood
Nearby public transportation routes
Close proximity to commercial areas, schools and clinics
Strategic location for mid-rise apartments or multi-family development

Nearby Landmarks

Vía España (150m)
Estación 12 de Octubre (Metro) (900m)
Hospital Santa Fe (1.5 km)
Centro Comercial Los Pueblos (4 km)
Tocumen International Airport (20 minutes)

*Disclaimer: Property information is deemed reliable but not guaranteed and should be independently verified. Availability, price, and details are subject to change. Measurements are approximate. Listing ID: 5Y4GgiN. Last updated: 2025-11-07T23:59:00Z*