3 months on rocket

1101 Mlk Blvd, Panama City, FL, 32401

$187,500

0.33 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeBusiness
MLS #760552
Lot Size0.33 Acres
StatusActive

About 1101 Mlk Blvd

REDUCED $5000.00! MOTIVATED SELLER. This is a great opportunity to own a commercial lot on the corner of MLK Blvd and 11th Street. Zoned commercial so the sky is the limit as to what you can build. (Office, restaurant) MLK Blvd joins Highway 77.Very high traffic count! Easy access to Lynn Haven and Highway 231.Close to Ascension Sacred Heart Hospital.11th street also has a high traffic count. MLK is a great 4 lane Road. Water and sewer are available. Lot is across the street from St. John's Missionary Baptist Church. MLK has sidewalks for bike riding and walking.

Property Details

Property Features

Listing Office:

  • Office Name: Coastal Property Services, Inc

Lot Features

Lot Information:

  • Lot: Cleared, Corner Lot
  • Lot Size: 0.33 Acres

Other

Directions Information:

  • Directions: From Hathaway Bridge stay on US Highway 98. Turn right onto MLK Blvd. Lot is on the corner of MLK Blvd and 11th Street. From Harrison Avenue turn right onto11th Street and lot is on the left hand side fronting MLKBlvd.

Price Information

Listing Price Info

Price Summary:

  • List Price: $187,500
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Housing Market Comparison

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

Med. Sold Price

$339.4K

Med. Price/SqFt

$201

Avg. Days On Market

77

# of Sold Homes

194

1101 Mlk Blvd vs Panama City

117 DAYS ON ROCKET

+40 Days

$187,500

-$151.9K Less

KEY TAKEAWAY

This property is $151.9K 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: #760552

Listing Office:

  • Office Name: Coastal Property Services, 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: 11/22/2024, 5:20:51 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

$1,003

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$629

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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-520811
6
/10
  • Palm Bay Elementary School

  • 1104 Balboa Ave

  • 0.66 miles

  • Public Charter Grades KG-5

school-card-donut-520812
4
/10
  • Northside Elementary School

  • 2001 Northside Dr

  • 1.44 miles

  • Public District Grades PK-5

school-card-donut-520813
1
/10
  • St. Andrew School at Oakland Terrace

  • 2010 W 12th St

  • 1.64 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $41,656. Typical income of Panama City, FL residents is between $35k-100k annually. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1101 Mlk Blvd

What is the listing price of this property?

The listing price of 1101 Mlk Blvd property is $187,500.

What type of property is this?

The property 1101 Mlk Blvd is land located in Panama City, Florida, 32401.

Is this property for sale now?

Active Listing: 1101 Mlk Blvd is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 1101 Mlk Blvd is 0.33 acres.
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Rocket HomesFloridaBay CountyPanama City324011101 Mlk Blvd

This home is located at 1101 Mlk Blvd in Panama City, FL and zip code 32401 in the Bry-Co Park neighborhood. This home sits on a 0.33 acre lot. It has been listed on Rocket Homes since July 27, 2024 and is currently priced at $187,500.

In October 2024, from all listings sold in Panama City, FL there were more than 16 sold above asking price, over 138 sold below and more than 40 were sold right at the asked price. The number of homes for sale in Panama City, FL decreased by 1.7% between September 2024 and October 2024. Listings spent 77 days on the market in October 2024, and had a median list price of $339,477 during the same period.

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

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