**2.5 acres zoned Mixed Use 3 in City of Panama City centrally located! ** Survey (boundary, topographical, wetland) completed/available. Also the Environmental / Ecological Site Assessment and GEO-Technical Engineering Report have been completed. Property zoned MU-3 -The purpose of this zoning district is to provide areas for medium- to high-density residential development, in combination with professional offices, educational, and low-intensity, neighborhood commercial uses. Multi-family structures, up to 20 units per acre. (see documents for zoning). Property being sold as -is. *Information provided is deemed reliable but is not guaranteed and should be independently verified by the buyer*
Property Details
Property Features
Listing Office:
Office Name: Overstreet Realty
Lot Features
Lot Information:
Lot: Cleared, Corner Lot, Other, See Remarks
Lot Size: 2.50 Acres
Other
Directions Information:
Directions: From the intersection of Martin Luther King Jr BLVD and E 11th ST, go east on E 11th St, lot will be on your right on the corner of Mercedes Ave and E 11th St.
Price Information
Listing Price Info
Price Summary:
List Price: $255,000
Tax Information:
Annual Amount: $1,920
Tax Year: 2020
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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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
1
/10
Merriam Cherry Street Elementary School
1125 Cherry St
Distance between this listing and this school1.41 miles
Public District Grades PK-5
1
/10
Cedar Grove Elementary School
2826 E 15th St
Distance between this listing and this school1.50 miles
Public District Grades PK-5
6
/10
Palm Bay Elementary School
1104 Balboa Ave
Distance between this listing and this school1.75 miles
Public Charter Grades KG-5
Nearby Schools
4
/10
Jinks Middle School
600 W 11th St
Distance between this listing and this school1.36 miles
Public District Grades 6-8
7
/10
Bay Haven Charter Middle School
2501 Hawks Landing Blvd
Distance between this listing and this school3.39 miles
Public Charter Grades 6-8
10
/10
University Academy Sabl Inc
1980 Discovery Loop
Distance between this listing and this school3.56 miles
Public Charter Grades KG-8
Nearby Schools
1
/10
Rosenwald High School
924 Bay Ave
Distance between this listing and this school0.29 miles
Public District Grades 6-12
4
/10
Bay High School
1200 Harrison Ave
Distance between this listing and this school0.85 miles
Public District Grades 9-12
5
/10
Palm Bay Preparatory Academy 6-12
1104 Balboa Ave
Distance between this listing and this school1.74 miles
The neighbors living near this home have an average income of $26,458. The most common annual income of people living in Panama City, FL is less than $35k. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1014 Mercedes Ave
What is the listing price of this property?
The listing price of 1014 Mercedes Ave property is $255,000.
What type of property is this?
The property 1014 Mercedes Ave is land located in Panama City, Florida, 32401.
Is this property for sale now?
Active Listing: 1014 Mercedes Ave is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $1,920 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on March 26, 2020 for $175,000. (source: MLS/tax record).
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This home is located at 1014 Mercedes Ave in Panama City, FL and zip code 32401. This home sits on a 2.50 acre lot. It has been listed on Rocket Homes since January 20, 2024 and is currently priced at $255,000.
Over 13 listings were sold over their listed price in November 2024 in Panama City, FL. In the same period over 120 listings were sold below the listed price and 33 listings were sold for the listed price. The number of homes for sale in Panama City, FL decreased by 3.9% between October 2024 and November 2024. 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.
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.
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