A developer's dream! According to an environmental study performed, this 4 acre property offers approximately 1.7 acres of wetlands with a little over 2 acres of uplands. Per Panama City's Planning and Zoning Dept., this property is zoned for Mixed Use-2 (MU-2). This property could be used for single family homes, multi-family homes, a community center, retail shops, and more. Convenient to downtown Panama City, Highway 231, Highway 77, and Panama City shopping centers.
Property Details
Property Features
Listing Office:
Office Name: Coldwell Banker Realty
Exterior Features
Exterior Information:
Waterfront: Waterfront
View: Bayou
Lot Features
Lot Information:
Lot: Other, See Remarks, Waterfront
Lot Size: 4.00 Acres
Other
Directions Information:
Directions: From US-231 N turn left on MLK Blvd/FL-77. Turn left onto E 11th St/County Hwy-28. Take the 2nd right onto E 12th St. Turn right onto N Palo Alto Ave. Take the 1st left onto E 12th St. Take the 1st left onto Mercedes Ave. 1128 MERCEDES AVE is on the right.
Price Information
Listing Price Info
Price Summary:
List Price: $115,000
Tax Information:
Annual Amount: $199
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
Cedar Grove Elementary School
2826 E 15th St
Distance between this listing and this school1.42 miles
Public District Grades PK-5
1
/10
Merriam Cherry Street Elementary School
1125 Cherry St
Distance between this listing and this school1.66 miles
Public District Grades PK-5
6
/10
Palm Bay Elementary School
1104 Balboa Ave
Distance between this listing and this school1.76 miles
Public Charter Grades KG-5
Nearby Schools
4
/10
Jinks Middle School
600 W 11th St
Distance between this listing and this school1.37 miles
Public District Grades 6-8
7
/10
Bay Haven Charter Middle School
2501 Hawks Landing Blvd
Distance between this listing and this school3.15 miles
Public Charter Grades 6-8
10
/10
University Academy Sabl Inc
1980 Discovery Loop
Distance between this listing and this school3.38 miles
Public Charter Grades KG-8
Nearby Schools
1
/10
Rosenwald High School
924 Bay Ave
Distance between this listing and this school0.44 miles
Public District Grades 6-12
4
/10
Bay High School
1200 Harrison Ave
Distance between this listing and this school0.83 miles
Public District Grades 9-12
5
/10
Palm Bay Preparatory Academy 6-12
1104 Balboa Ave
Distance between this listing and this school1.75 miles
The neighbors living near this home have an average income of $17,500. Residents of Panama City, FL typically earn less than $35k each year. The majority of families are 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 1128 Mercedes Ave
What is the listing price of this property?
The listing price of 1128 Mercedes Ave property is $115,000.
What type of property is this?
The property 1128 Mercedes Ave is land located in Panama City, Florida, 32401.
Is this property for sale now?
Active Listing: 1128 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 $199 (source: MLS/based on county public records data).
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This home is located at 1128 Mercedes Ave in Panama City, FL and zip code 32401. This home sits on a 4.00 acre lot. It has been listed on Rocket Homes since April 10, 2023 and is currently priced at $115,000.
Panama City, FL housing market in November 2024 saw over 13 listings sold above listed price, more than 33 sold at listed price and over 120 sold below. Between October 2024 and November 2024, Panama City, FL real estate market has seen decrease in the number of listings by 3.9%. While the average time on the market in November 2024 was 79 days, the median list price was $339,223.
From Rocket Homes Real Estate and based on county public records data.