306 Sherman Avenue, Panama City, FL 32401

New Listing
$65,000
Property Type: Commercial for Sale Lot Size (sq. ft.): 10,890 Status: Active
Current Price: $65,000 List Date: 9/06/2026 Last Modified: 9/06/2026

Overview

Description

A rare development opportunity in the heart of Historic Millville! Ideally located just off Bus Highway 98, this property offers excellent access and visibility in one of Bay County’s original communities. Watson Bayou Boat ramp, Millville waterfront park, a fishing pier and Gene’s Oyster Bar, are all just moments away, making this an exceptional location for a variety of uses. The property is zoned ND, offering flexibility for new businesses, multi-unit residential, commercial, and entertainment uses. Located in Flood Zone X and with utilities already in place, this property offers valuable advantages for future development. Existing utilities can save a significant amount of time and expense compared to developing a property from the ground up. With its unique location, flexible zoning, and existing infrastructure, this property presents an exciting opportunity to bring your vision to life in Historic Millville.

Listing Details MLS# 795089

Contract Info

Sub-Type
Land

Location

Area
02 – Bay County – Central
Street #
306
Street Name
Sherman
Street Suffix
Avenue
State
FL
Zip Code
32401
County
Bay
Sub Area
0202 – Bay – Central SE
Subdivision
Welch Add
Community/Resort
None
Waterfront
No
Parcel ID
22527-000-000
Elementary School
Cherry Street
Middle School
Jinks
High School
Bay
Directions
From Harrison Avenue, head south on Harrison Avenue., Turn left onto US – 98E/E 15th St., Turn right onto Sherman Avenue, 306 Sherman Ave. will be on the left
Legal Description
WELCH ADD S1/2 LOT 13 BLK 5 ORB 4796 P 784 MAP 105D1

General Property Info

List Class
Commercial
Immediate Occupancy
Yes
Construction Status
To Be Built
Site Dimensions
53.0 ft x 208.0 ft
Acreage
0.25
Lot Depth
208
Lot SqFt
11021
SqFt Tot Bldg
0

Listing Info, Tax and Legal

HOA Fee
No

More Information

Remarks & Misc

Remarks
A rare development opportunity in the heart of Historic Millville! Ideally located just off Bus Highway 98, this property offers excellent access and visibility in one of Bay County's original communities. Watson Bayou Boat ramp, Millville waterfront park, a fishing pier and Gene's Oyster Bar, are all just moments away, making this an exceptional location for a variety of uses. The property is zoned ND, offering flexibility for new businesses, multi-unit residential, commercial, and entertainment uses. Located in Flood Zone X and with utilities already in place, this property offers valuable advantages for future development. Existing utilities can save a significant amount of time and expense compared to developing a property from the ground up. With its unique location, flexible zoning, and existing infrastructure, this property presents an exciting opportunity to bring your vision to life in Historic Millville.

Other Structures

Shed(s)
Yes

Financing

Cash
Yes
Conventional
Yes

Present Zoning

Business
Yes
City
Yes
Resid Multi-Family
Yes
Resid Single Family
Yes
Other – See Remarks
Yes

Utilities

Public Sewer – Connected
Yes
Water Connected
Yes

Sale Type

As Is
Yes

Floors in Unit/Home

One
Yes

Offering Type

Sale Only
Yes

Pricing Type

Sale Price
Yes

Site Description

Cleared
Yes
Survey
Yes

Transport. Access

City Road
Yes
Paved
Yes

Property Features

Financing: Cash; Conventional Offering Type: Sale Only Other Structures: Shed(s) Pricing Type: Sale Price Present Zoning: Business; Resid Multi-Family; Resid Single Family; Other – See Remarks Sale Type: As Is Site Description: Cleared; Survey Utilities: Public Sewer – Connected; Water Connected
Listing Office: Foundation Real Estate Agency LLC
Last Updated: September – 06 – 2026
Information deemed reliable but not guaranteed.