0.25 Acres of Commercial Land for Sale in Panama City, Florida

1121 Mlk Blvd, Panama City, FL 32401

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0.25 Acres of Commercial Land for Sale in Panama City, Florida
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$70,000
0.25 acres
Active sale agoEst $708/mo

Explore the potential of this prime commercial lot located in the heart of a Panama City Opportunity Zone. This strategically positioned property offers exceptional convenience to Ascension Sacred Heart Bay, Downtown Panama City, and the city's vibrant attractions. Zoned GC-2, the front portion boasts 43 ft of frontage on Hwy 77/MLK Blvd, providing high visibility for your business ventures. The back half, with Louisiana Ave frontage, is Zoned R-1, offering versatility for various uses.With a substantial depth of 254 ft, this lot spans a total of 0.250 acres, presenting an excellent opportunity for commercial development. Notably, this property is adjacent to another listed property at 1110 Louisiana Ave, measuring 0.231 acres. Consider the potential of owning both properties, unlocking a myriad of possibilities for your investment portfolio. Don't miss the chance to capitalize on this strategic location with endless opportunities!

Directions

Directions from Panama City to 1121 Martin Luther King Jr Blvd. Head toward E 7th St on Harrison Ave (US-231). Go for 0.6 mi. Turn right onto E 11th St (CR-28). Go for 0.5 mi. Turn left onto Louisiana Ave. Go for 0.1 mi. Turn right onto E 12th St. Go for 308 ft. Turn right onto N Cove Blvd (SR-77 S). Go for 269 ft. 1121 Martin Luther King Jr BlvdPanama City, FL 32401-3317

Property details

County
Bay County
Coordinates
30.1689, -85.6509
Community
Carver Heights
Elevation
23 feet
MLS Number
BCAR 752904
Date Listed

Legal description

CARVER HTS LOTS 6,23 LOTS 6 & 23 BLK 2 ORB 1838 P 370 LESS HWY 77 R/W DOT PRCL# 172

Parcels

  • 16898-000-000

This 0.25-acre property is located at 1121 Mlk Blvd in Panama City, FL 32401 with latitude 30.1689 and longitude -85.6509. The property is currently available for sale for $70,000 with a price per acre of $280,000. Listing data is sourced from Central Panhandle Association of Realtors # 752904.

Verify sale details at the property source or contact ERA Neubauer Real Estate at (850) 785-1551.

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Copyright (C) 2024 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Listing checked and updated . Parcel data by Regrid.

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Land for sale in Panama City, FL