306 Sherman Avenue
Panama City, FL 32401
MLS# 795089
Property DescriptionA rare development opportunity in the heart of Historic Millville! Ideally located just off Bus Highway 98, this property offers excellent access and visibility in one of Bay County's original communities. Watson Bayou Boat ramp, Millville waterfront park, a fishing pier and Gene's Oyster Bar, are all just moments away, making this an exceptional location for a variety of uses.
The property is zoned ND, offering flexibility for new businesses, multi-unit residential, commercial, and entertainment uses. Located in Flood Zone X and with utilities already in place, this property offers valuable advantages for future development. Existing utilities can save a significant amount of time and expense compared to developing a property from the ground up.
With its unique location, flexible zoning, and existing infrastructure, this property presents an exciting opportunity to bring your vision to life in Historic Millville.
Sub Area: 0202 - Bay - Central SE
Community/Resort: None
Waterfront: No
Elementary School: Cherry Street
Middle School: Jinks
High School: Bay
Directions: From Harrison Avenue, head south on Harrison Avenue., Turn left onto US - 98E/E 15th St., Turn right onto Sherman Avenue, 306 Sherman Ave. will be on the left
Area: 02 - Bay County - Central
Street #: 306
Street Name: Sherman
Street Suffix: Avenue
State: FL
Zip Code: 32401
County: Bay
Subdivision: Welch Add
Parcel ID: 22527-000-000
Legal Description: WELCH ADD S1/2 LOT 13 BLK 5 ORB 4796 P 784 MAP 105D1
List Class: Commercial
Site Dimensions: 53.0 ft x 208.0 ft
Acreage: 0.25
Immediate Occupancy: Yes
Construction Status: To Be Built
SqFt Tot Bldg: 0
Lot Depth: 208
Lot SqFt: 11021
Remarks: A rare development opportunity in the heart of Historic Millville! Ideally located just off Bus Highway 98, this property offers excellent access and visibility in one of Bay County's original communities. Watson Bayou Boat ramp, Millville waterfront park, a fishing pier and Gene's Oyster Bar, are all just moments away, making this an exceptional location for a variety of uses.
The property is zoned ND, offering flexibility for new businesses, multi-unit residential, commercial, and entertainment uses. Located in Flood Zone X and with utilities already in place, this property offers valuable advantages for future development. Existing utilities can save a significant amount of time and expense compared to developing a property from the ground up.
With its unique location, flexible zoning, and existing infrastructure, this property presents an exciting opportunity to bring your vision to life in Historic Millville.
Resid Multi-Family: 1
Resid Single Family: 1
Public Sewer - Connected: 1
Water Connected: 1
Property Type: Commercial
List Date: 2026-09-05
List Price: $65,000
Current Price: $65,000
Sub-Type: Land
Financing: Cash; Conventional
Other Structures: Shed(s)
Present Zoning: Business; Resid Multi-Family; Resid Single Family; Other - See Remarks
Site Description: Cleared; Survey
Utilities: Public Sewer - Connected; Water Connected
Listing Office: Foundation Real Estate Agency LLC
Last Updated: September - 06 - 2026
Information deemed reliable but not guaranteed.