306 Sherman Avenue, Panama City, FL 32401 (MLS# 795091)

306 Sherman Avenue, Panama City, FL 32401

New Listing

$65,000

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Property Type: Residential Land 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# 795091

Contract Info

List Price/Acre: 260000

Location

Street #: 306
Street Name: Sherman
Street Suffix: Avenue
Area: 02 – Bay County – Central
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

Sub-Type: Residential Lots
Lot Dimensions: 53.0 ft x 208.0 ft
Acreage: 0.25
Lot Size (SqFt): 10890

Listing Info, Tax & Legal

HOA Fee: No
Is Subject Leased: No
New Buyer Fee: No
Last Taxes: 374.19
Last Tax Year: 2025
Brokerage Interest: No Interest
As Is: Yes

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

More Information

Financing

Cash: Yes
Conventional: Yes

Lot Features

Cleared: Yes
Near Public Boat Ramp: Yes
Within 1/2 Mile to Water: Yes

Lot Access

City Street: Yes
Paved Road: Yes

Present Zoning

Other – See Remarks: Yes

Utilities

Public Sewer – Connected: Yes
Water Connected: Yes

Sale Type

As Is: Yes

Property Features

Financing: Cash; Conventional Lot Access: City Street; Paved Road Lot Features: Cleared; Near Public Boat Ramp; Within 1/2 Mile to Water Other Structures: Shed(s) Sale Type: As Is Utilities: Public Sewer – Connected; Water Connected Present Zoning: Other – See Remarks

Listing Office: Foundation Real Estate Agency LLC

Last Updated: September – 06 – 2026

Information deemed reliable but not guaranteed.