1014 Mercedes Avenue, Panama City, FL 32401
$260,000
Property Type:
Commercial Land
Lot Size (sq. ft.):
108,900
Status:
Active
Current Price:
$260,000
List Date:
5/09/2026
Last Modified:
6/03/2026
Listing Details MLS# 789657
Location, Tax & Legal
- Street #
- 1014
- Street Name
- Mercedes
- Street Suffix
- Avenue
- State
- FL
- Zip Code
- 32401
- County
- Bay
- Area
- 02 – Bay County – Central
- Subdivision
- No Named Subdivision
- Parcel ID
- 16536-000-000
- 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
- Sub Area
- 0202 – Bay – Central SE
- Community/Resort
- None
- Waterfront
- No
- Elementary School
- Cherry Street
- Middle School
- Jinks
- High School
- Bay
- Directions
- Traveling on MLK Blvd., East on E. 11th St. the lot will be on your right on the corner of Mercedes Ave. and E. 11th St.
- HOA Fee
- No
Contract Info
- List Price/Acre
- 104000
- Sub-Type
- Unimproved Commercial
- List Type
- Exclusive Right of Sale
- Named Exception
- No
General Property Info
- Acreage
- 2.5
- Lot Size (SqFt)
- 108900
- Is Subject Leased
- No
Remarks & Misc
- Remarks
- 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. Located in an opportunity zone. 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.
Financing
- Cash
- Yes
- Conventional
- Yes
More Information
Lot Features
- Cleared
- Yes
- Corner Lot
- Yes
- Survey Available
- Yes
- Topographical Survey
- Yes
Lot/Parcel Access
- City Road
- Yes
- Paved Road
- Yes
Present Zoning
- Business
- Yes
- City
- Yes
- Resid Multi-Family
- Yes
- Resid Single Family
- Yes
Utilities
- Sewer Available
- Yes
Sale Type
- As Is
- Yes
TransportationAccess
- 2 – Lane
- Yes
- City Road
- Yes
- Paved
- Yes
Property Features
TransportationAccess:
2 – Lane; City Road; Paved
Financing:
Cash; Conventional
Lot Features:
Cleared; Corner Lot; Survey Available; Topographical Survey
Sale Type:
As Is
Utilities:
Sewer Available
Present Zoning:
Business; Resid Multi-Family; Resid Single Family
Listing Office:
Beach Haven Realty
Last Updated: June – 03 – 2026
Information deemed reliable but not guaranteed.