10 months on rocket

00 Mercedes Ave, Panama City, FL, 32401

$38,000

0.34 Acres
Land

Location

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Property Highlights

Home TypeResidential
MLS #752899
Lot Size0.34 Acres
StatusActive

About 00 Mercedes Ave

Explore the possibilities with this sizable lot, measuring 0.344 acres and featuring a generous 50ft frontage on Mercedes Ave with an impressive depth of 300 ft, offering ample space for your ideas to unfold. Zoned MU-2, this property opens up a myriad of possibilities for various uses.Conveniently located, this property is in close proximity to schools, Ascension Sacred Heart Bay, Bay Town Trolley stops, public transportation, and the bustling shopping and dining scene in Panama City's Downtown area. Notably, this lot falls within Flood Zone X, providing added assurance. With its substantial size, versatile zoning, and strategic location, this property is an excellent canvas for your plans and aspirations. Don't miss the opportunity to discover the potential of this expansive and well-located lot!

Property Details

Property Features

Listing Office:

  • Office Name: ERA Neubauer Real Estate Inc

Lot Features

Lot Information:

  • Lot Size: 0.34 Acres

Other

Directions Information:

  • Directions: Directions from Panama City to 1343 Mercedes Ave. Head toward E 7th St on Harrison Ave (US-231). Go for 0.6 mi. Turn right onto E 11th St (CR-28). Go for 0.6 mi. Turn left onto N Cove Blvd (SR-77 N). Go for 0.4 mi. Turn right onto E 14th St. Go for 0.3 mi. Turn right onto Mercedes Ave. Go for 85 ft. First property on corner of E 14th St and Mercedes

Price Information

Listing Price Info

Price Summary:

  • List Price: $38,000
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Housing Market Comparison

See how this home compares to others in Panama City, FL.

Med. Sold Price

$339.2K

Med. Price/SqFt

$201

Avg. Days On Market

79

# of Sold Homes

166

00 Mercedes Ave vs Panama City

305 DAYS ON ROCKET

+226 Days

$38,000

-$301.2K Less

KEY TAKEAWAY

This property is $301.2K less than the Median Sold Price in Panama City, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BCAR
  • MLS Number: #752899

Listing Office:

  • Office Name: ERA Neubauer Real Estate Inc

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Properties subject to prior sale, change, withdrawal or rental. Copyright© 2024 Central Panhandle Association of REALTORS.© All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 5:20:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$257

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$180

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-882394
1
/10
  • Merriam Cherry Street Elementary School

  • 1125 Cherry St

  • 0.31 miles

  • Public District Grades PK-5

school-card-donut-882395
1
/10
  • Cedar Grove Elementary School

  • 2826 E 15th St

  • 2.13 miles

  • Public District Grades PK-5

school-card-donut-882396
6
/10
  • Palm Bay Elementary School

  • 1104 Balboa Ave

  • 2.14 miles

  • Public Charter Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $45,803. Most Panama City, FL residents have annual incomes between $35k-100k. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 00 Mercedes Ave

What is the listing price of this property?

The listing price of 00 Mercedes Ave property is $38,000.

What type of property is this?

The property 00 Mercedes Ave is land located in Panama City, Florida, 32401.

Is this property for sale now?

Active Listing: 00 Mercedes Ave is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 00 Mercedes Ave is 0.34 acres.
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Rocket Homes›Florida›Bay County›Panama City›32401›00 Mercedes Ave

This home is located at 00 Mercedes Ave in Panama City, FL and zip code 32401 in the Bunkers Cove neighborhood. This home sits on a 0.34 acre lot. It has been listed on Rocket Homes since February 20, 2024 and is currently priced at $38,000.

In November 2024, from all listings sold in Panama City, FL there were more than 13 sold above asking price, over 120 sold below and more than 33 were sold right at the asked price. Between October 2024 and November 2024, Panama City, FL real estate market has seen decrease in the number of listings by 3.9%. In November 2024, listings were on the market for 79 days. During the same period, the median list price in this real estate market was $339,223.

From Rocket Homes Real Estate and based on county public records data.

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