Mixed-Use Land for Sale in Panama City, Florida
1128 Mercedes Ave Panama City, FL 32401
A developer's dream! According to an environmental study performed, this 4 acre property offers approximately 1.7 acres of wetlands with a little over 2 acres of uplands. Per Panama City's Planning and Zoning Dept., this property is zoned for Mixed Use-2 (MU-2). This property could be used for single family homes, multi-family homes, a community center, retail shops, and more. Convenient to downtown Panama City, Highway 231, Highway 77, and Panama City shopping centers.
Directions
From US-231 N turn left on MLK Blvd/FL-77. Turn left onto E 11th St/County Hwy-28. Take the 2nd right onto E 12th St. Turn right onto N Palo Alto Ave. Take the 1st left onto E 12th St. Take the 1st left onto Mercedes Ave. 1128 MERCEDES AVE is on the right.
Location
- Street Address
- 1128 Mercedes Ave
- County
- Bay County
- Elevation
- 20 feet
Property details
- Zoning
- Business, Commercial, General Commercial, Multi-Family, Resid Multi-Family, Resid Single Family, Unr
- MLS Number
- BCAR 739499
- Date Posted
Parcels
- 16506-000-000
Legal description
4 4S 14W -45- 69A BEG AT NW COR OF SE1/4 OF NE1/4 TH S 440' E 396' N 440' W 396' TO BEG ORB 3415 P 88
Detailed attributes
Listing
- Type
- Land
- Franchise
- Coldwell Banker Real Estate
Lot
- Features
- Waterfront
Nearby schools
| Name | Level | District | Description |
|---|---|---|---|
| Cedar Grove | Elementary | — | — |
| Mowat | Middle | — | — |
| Bay | High | — | — |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Oct 11, 2024 | Price drop | $115,000 | $6,500 -5.3% | BCAR |
| Aug 29, 2024 | Price drop | $121,500 | $3,500 -2.8% | BCAR |
| June 22, 2024 | Price drop | $125,000 | $8,000 -6% | BCAR |
| Apr 3, 2024 | Relisted | $133,000 | — | BCAR |
| Apr 1, 2024 | Listing removed | $133,000 | — | — |
| Feb 23, 2024 | Price drop | $133,000 | $2,000 -1.5% | BCAR |
| Sept 7, 2023 | Price drop | $135,000 | $43,000 -24.2% | BCAR |
| Mar 31, 2023 | New listing | $178,000 | — | BCAR |