9 months on rocket

1217 Mlk Blvd, Panama City, FL, 32401

$115,000

0.34 Acres
Land

Location

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Property Highlights

Home TypeBusiness
MLS #752905
Lot Size0.34 Acres
StatusActive

About 1217 Mlk Blvd

Back on the market at no fault of the Seller! Prime commercial opportunity in the heart of a Panama City Opportunity Zone! This strategically located lot offers easy access to Ascension Sacred Heart Bay, Downtown Panama City, and its attractions. Zoned GC-2, the property features impressive Hwy 77/MLK Blvd frontage spanning 150 ft, with a depth of 100 ft. Explore the potential for your business in this high-visibility location.

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 1217 Martin Luther King Jr Blvd. 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 0.3 mi. Make a U-Turn at E 13th St onto N Cove Blvd (SR-77 S). Go for 367 ft. 1217 Martin Luther King Jr BlvdPanama City, FL 32401-3319

Price Information

Listing Price Info

Price Summary:

  • List Price: $115,000
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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

1217 Mlk Blvd vs Panama City

279 DAYS ON ROCKET

+202 Days

$115,000

-$224.4K Less

KEY TAKEAWAY

This property is $224.4K 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: #752905

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: 11/22/2024, 7:20:51 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

$641

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$411

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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-549546
6
/10
  • Palm Bay Elementary School

  • 1104 Balboa Ave

  • 0.67 miles

  • Public Charter Grades KG-5

school-card-donut-549547
4
/10
  • Northside Elementary School

  • 2001 Northside Dr

  • 1.32 miles

  • Public District Grades PK-5

school-card-donut-549548
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. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1217 Mlk Blvd

What is the listing price of this property?

The listing price of 1217 Mlk Blvd property is $115,000.

What type of property is this?

The property 1217 Mlk Blvd is land located in Panama City, Florida, 32401.

Is this property for sale now?

Active Listing: 1217 Mlk Blvd is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 1217 Mlk Blvd is 0.34 acres.
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Rocket HomesFloridaBay CountyPanama City324011217 Mlk Blvd

This home is located at 1217 Mlk Blvd in Panama City, FL and zip code 32401 in the Bry-Co Park neighborhood. This home sits on a 0.34 acre lot. It has been listed on Rocket Homes since February 17, 2024 and is currently priced at $115,000.

While more than 16 listings in Panama City, FL in October 2024 were sold above asking price, there were more than 40 listings sold at asking price, and more than 138 were sold below. In October 2024 in Panama City, FL there were 1.7% less homes for sale than in September 2024. In October 2024, listings were on the market for 77 days. During the same period, the median list price in this real estate market was $339,477.

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

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