224 E 8th Avenue, Panama City, FL 32401

Land
Built in ——
0.62acre lot
—— car garage
$——/sqft
Listed 9 days ago

Property Description

Welcome to Revitalized and Beautiful Panama City! The downtown area has had numerous improvements and is becoming a booming tourist destination with numerous favorite and new restaurants, boutique shopping, special events, offices, and much more on the way. Get in before the prices skyrocket!This Mixed-Use property is comprised of 5 lots, on a corner street with an alley for easy access. Whether building homes, townhomes, or your commercial business, you're only a block from the Downtown Social District and all that Panama City has to offer. With a low number of vacation rentals near downtown, this property is a great candidate for future income generation. With current Mixed-Use 2 classification you can build up to 6 units.The property currently includes a 1936 3 Bed 2 Bath Home with a 2020 Roof that needs updates, a 20' x 28' concrete block garage facing the alley, and a 22' x 38' concrete block building facing McKenzie Ave. Both outbuildings require repairs. It is being offered at land value. Flood Zone X = No Flood Insurance Required. Recent Survey, Zoning, and more information available. All sizes, dimensions, and uses are approximate. Buyer to verify.

Listing Status:: Active
Date Added:: May 29, 2025 at 05:00AM
Listing Office:: Keller Williams Success Realty : (850) 249-0313
MLS ID:: 774204

General: Garage(s)Residence
Other Structures: Garage(s)Residence

This listing courtesy of Keller Williams Success Realty

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Merriam Cherry Street Elementary School

1125 Cherry St, Panama City, FL, 32401

Grades PK-5

1.30 miles away

Jinks Middle School

600 W 11th St, Panama City, FL, 32401

Grades 6-8

0.76 miles away

Bay High School

1200 Harrison Ave, Panama City, FL, 32401

Grades 9-12

0.56 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.