1014 Mercedes Avenue, Panama City, FL 32401
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Priced at Only: $265,000
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Address: 1014 Mercedes Avenue, Panama City, FL 32401
Property Location and Similar Properties
- MLS#: 789657 ( Land )
- Street Address: 1014 Mercedes Avenue
- Viewed: 4
- Price: $265,000
- Price sqft: $0
- Waterfront: No
- Year Built: Not Available
- Bldg sqft: 0
- Days On Market: 3
- Additional Information
- Geolocation: 30.1672 / -85.6456
- County: BAY
- City: Panama City
- Zipcode: 32401
- Subdivision: No Named Subdivision
- Provided by: Beach Haven Realty
- DMCA Notice
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DescriptionHUGE INVESTMENT POTENTIAL!! Positioned in a prime location in the heart of Panama City, this exceptional 2.5 acre corner parcel offers unlimited potential for developers, investors, and business owners alike. Zoned Mix Use 3, the property is ideally suited for medium to high density residential development combined with professional offices, educational facilities, and low intensity neighborhood commercial uses. Multifamily development opportunities allow for up to 20 units per acre, creating incredible possibilities for apartments, townhomes, mixed use concepts, or a live/work community. Extensive due diligence has already been completed, including an environmental/ecological site assessment, GEO technical engineering report, boundary and topographical survey, and wetland survey saving valuable time and expense for future development. With its highly visible corner location, strong development flexibility, and convenient access to shopping, dining, medical facilities, and major thoroughfares, this parcel is perfectly positioned for growth and long term value. Whether you are looking to develop multifamily housing, professional office space, educational facilities, or a mixed use investment project, this property presents a rare opportunity in one of the area's most desirable and rapidly growing locations. All measurements and items of importance are to be confirmed by buyer or buyer agent.
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Building and Construction
- Covered Spaces: 0.00
- Living Area: 0.00
Garage and Parking
- Garage Spaces: 0.00
- Open Parking Spaces: 0.00
Utilities
- Carport Spaces: 0.00
- Road Frontage Type: CityStreet
- Utilities: SewerAvailable
Finance and Tax Information
- Home Owners Association Fee: 0.00
- Insurance Expense: 0.00
- Net Operating Income: 0.00
- Other Expense: 0.00
- Pet Deposit: 0.00
- Security Deposit: 0.00
- Trash Expense: 0.00
Other Features
- Legal Description: 4 4S 14W -76- 69A BEG 60' E OF NE COR OF BLK 1 GLENWOOD ADD TH S 330' EAST TO BAYOU NLY 330' M/L TO THE SLY R/W OF 11TH ST TH RUN WLY TO POB ORB 4505 P 2299
- Area Major: 02 - Bay County - Central
- Parcel Number: 16536-000-000
- The Range: 0.00
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