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

School Info

Assigned Schools Information:

  • Bay High School, Public District Grades 9-12
  • Jinks Middle School, Public District Grades 6-8
  • Merriam Cherry Street Elementary School, Public District Grades PK-5

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

97 DAYS ON ROCKET

+20 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: 11/1/2024, 11:20:53 PM 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.

Elementary School

school-card-donut-1337879
1
/10
  • Merriam Cherry Street Elementary School

  • 1125 Cherry St

  • 1.80 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1337880
4
/10
  • Jinks Middle School

  • 600 W 11th St

  • 0.28 miles

  • Public District Grades 6-8

High School

school-card-donut-1337881
4
/10
  • Bay High School

  • 1200 Harrison Ave

  • 0.25 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $41,656. The majority of Panama City, FL residents have income between $35k-100k annually. Residents typically live in single, no kids family. 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.

What are the assigned schools for this property?

The assigned schools for 1101 Mlk Blvd are:
Merriam Cherry Street Elementary School: GreatSchools Rating 1/10
Jinks Middle School: GreatSchools Rating 4/10
Bay High School: GreatSchools Rating 4/10

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.

Over 16 listings were sold over their listed price in October 2024 in Panama City, FL. In the same period over 138 listings were sold below the listed price and 40 listings were sold for the listed price. Between September 2024 and October 2024, Panama City, FL real estate market has seen decrease in the number of listings by 1.7%. The median list price of listings available in October 2024 was $339,477, while the average time on the real estate market was 77 days.

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

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