$650,000

722 N Martin Luther King Junior Boulevard, Panama City, FL 32401

  • 3,100 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1998
  • Property Lot Size Icon0.27acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $210/sqft
  • Property List Date Icon Listed 8 days ago

Property Description

Prime Commercial Property Near Downtown - 10 Bedrooms, 8 Baths, Over 3,000 Sq. Ft. Exceptional opportunity to own or invest in a spacious commercial building offering over 3,000 square feet on a 0.27-acre lot, ideally located just minutes from Downtown, major shopping centers, and the hospital. This versatile property features 10 bedrooms and 8 baths, ready to adapt to a variety of commercial or mixed-use purposes. The layout allows for private offices, client suites, or guest accommodations, complemented by generous common areas and potential on-site parking. The building's solid structure and flexible floorplan make it an excellent fit for professional offices, medical or wellness practices, boutique lodging, or assisted living. With its high-visibility location, convenient access, and ample surrounding amenities, this property offers the perfect balance of functionality and growth potential. Highlights: 3,000+ sq. ft. commercial building 10 bedrooms / 8 bathrooms 0.27-acre lot with expansion or parking potential Minutes from Downtown, hospital, and shopping Ideal for office, medical, hospitality, or mixed-use Don't miss this rare opportunity to establish your business in one of the area's most convenient and thriving locations. Listing is for Both Properties 722 Martin Luther King & 722 1/2 MLK

Listing Status:
Active
Date Added:
March 26, 2026
Data Last Updated:
April 2, 2026 at 10:19PM
Listing Office:
Keller Williams Success Realty : 850-249-0313
MLS ID:
787447
  • A/C: Ceiling Fan(s)
  • Parking: Paved
  • Roofing: AsphaltPitchedShingle
  • General: BrickBlockSlab
  • Originating MLS: CPAR_CPAR
  • County: Bay
  • Zoning: Parcel 1 - Tax ID Number: 17288-000-000: Lots 78 and 9 and Less North 60 feet of the Lot 7 and Less East 1/2 of North 60 feet of Lot 8of Block 21of GLENWOOD ADDITIONaccording to the Plat thereof as recorded in Plat Book 4Page 13in the Office of the Clerk of the Circuit Court of Bay CountyFlorida. Less and Except that portion shown in the Order of Taking recorded in Official Recor17288-000-000
  • Source: CPAR_CPAR

This listing courtesy of Keller Williams Success Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

M

Merriam Cherry Street Elementary School

1125 Cherry St, Panama City, FL, 32401

Grades PK-5

1.10 miles away

J

Jinks Middle School

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

Grades 6-8

1.18 miles away

B

Bay High School

1200 Harrison Ave, Panama City, FL, 32401

Grades 9-12

0.79 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.

Similar Listing

1116 Mercedes Avenue, Panama City, FL 32401
Multi-Family Home For Sale

$570,000

  • 2,799 sqft |
  • 0.27 acre lot
1116 Mercedes Avenue Panama City, FL 32401

#777837 - Think Real Estate