12
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$250,000
Est. payment /mo
0.62 Acres Lot
Active
224 E 8th AVE Panama City, FL 32401
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Key Details
Property Type Vacant Land
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Gulfview Addition
MLS Listing ID 774204
HOA Y/N No
Lot Size 0.620 Acres
Acres 0.62
Property Sub-Type Commercial
Property Description
Welcome to Revitalized and Beautiful Panama City! The downtown area has had numerous improvements and is becoming a booming tourist destination with numerous favorite and new restaurants, boutique shopping, special events, offices, and much more on the way. Get in before the prices skyrocket!This Mixed-Use property is comprised of 5 lots, on a corner street with an alley for easy access. Whether building homes, townhomes, or your commercial business, you're only a block from the Downtown Social District and all that Panama City has to offer. With a low number of vacation rentals near downtown, this property is a great candidate for future income generation. With current Mixed-Use 2 classification you can build up to 6 units.The property currently includes a 1936 3 Bed 2 Bath Home with a 2020 Roof that needs updates, a 20' x 28' concrete block garage facing the alley, and a 22' x 38' concrete block building facing McKenzie Ave. Both outbuildings require repairs. It is being offered at land value. Flood Zone X = No Flood Insurance Required. Recent Survey, Zoning, and more information available. All sizes, dimensions, and uses are approximate. Buyer to verify.
Location
State FL
County Bay
Area 02 - Bay County - Central
Interior
Fireplace No
Exterior
Utilities Available Electricity Available, Sewer Available, Water Available
Building
Lot Description Corner Lot
Sewer Public Sewer
Water Public
Additional Building Garage(s), Residence
Schools
Elementary Schools Cherry Street
Middle Schools Jinks
High Schools Bay
Others
Tax ID 17668-000-000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Listed As-Is
Listed by Keller Williams Success Realty