1014 Mercedes Avenue, Panama City, FL 32401

Panama City
Local realty services provided by:Better Homes and Gardens Real Estate Historic
1014 Mercedes Avenue,Panama City, FL 32401
$265,000
  • 2.5 Acres
  • Lots / Land
  • Active
Listed by: patrick d pate, kay h pate
Office: beach haven realty
MLS#:789657
Source:FL_BCMLS

Price summary

  • Price:$265,000

About this home

HUGE 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,...

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Home facts

  • Listing ID #:789657
  • Added:5 day(s) ago
  • Updated:May 14, 2026 at 10:42 PM

Structure and exterior

  • Lot area:2.5 Acres

Utilities

  • Sewer:Sewer Available

Finances and disclosures

  • Price:$265,000
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