$435,000
Panama City, FL 32401
MLS# 797508
2 beds | 1 baths | 2337 sqft
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Property Description
1 Acre Prime Commercial Property with 132' Frontage on N East Ave! Zoned General Commercial 1, this versatile property includes a 3-bedroom, 1.5-bath residence that can easily be converted into office or retail space. Also on-site is a 30'x40' metal building featuring underground electrical and a 400AMP 3-phase circuit panel. Previously used as a fabrication shop, the building remains equipped for industrial or commercial use. The metal building has sustained hurricane damage and will require a new roof. A 10'x12' concrete storage building is also located behind the residence. With convenient access to transportation, a well-dwelling, and a flexible layout, this property offers tremendous potential for development, ideal for a retail plaza, commercial complex, or storage facility. A must-see opportunity for your next business venture!
Details
Maps
General Property Info
Acreage: 1
Design: Traditional
Lot Size (SqFt): 43560
Apx SqFt(Htd/Cooled): 2337
Construction Status: Construction Complete
SqFt Source: Prop App Site
Accessory Dwelling Unit: No
Lot Dimensions: 132.0 ft x 330.0 ft
New Construction: No
Garage Y/N: No
Pool: No
Sub-Type: Detached Single Family
Bedrooms: 2
Full Baths: 1
Total Baths: 1
Year Built: 1954
Contract Info
List Price/SqFt: 186.14
Status: Active
List Date: 2026-11-06
List Price: $435,000
Current Price: $435,000
Location
Sub Area: 0202 - Bay - Central SE
Community/Resort: None
Waterfront: No
Elementary School: Parker
Middle School: Rutherford Middle
High School: Rutherford
Directions: Take hwy 98 north towards east ave. turn left on east ave go down approximately 1 mile home located on the left
Area: 02 - Bay County - Central
Street #: 922
Street Direction: N
Street Name: East
Street Suffix: Avenue
State: FL
Zip Code: 32401
County: Bay
Subdivision: [No Recorded Subdiv]
Parcel ID: 15278-000-000
Legal Description: 2 4S 14W-91- 118B3 N132' OF W1/2 OF SW1/4 OF NW1/4 OF SW1/4 ORB 1244 P 1325 ORB 1633 P 474
Listing Info, Tax and Legal
HOA Fee: No
New Buyer Fee: No
Last Taxes: 797.55
Last Tax Year: 2025
Brokerage Interest: No Interest
Remarks & Misc
Remarks: 1 Acre Prime Commercial Property with 132' Frontage on N East Ave! Zoned General Commercial 1, this versatile property includes a 3-bedroom, 1.5-bath residence that can easily be converted into office or retail space. Also on-site is a 30'x40' metal building featuring underground electrical and a 400AMP 3-phase circuit panel. Previously used as a fabrication shop, the building remains equipped for industrial or commercial use. The metal building has sustained hurricane damage and will require a new roof. A 10'x12' concrete storage building is also located behind the residence. With convenient access to transportation, a well-dwelling, and a flexible layout, this property offers tremendous potential for development, ideal for a retail plaza, commercial complex, or storage facility. A must-see opportunity for your next business venture!
Construction/Siding
Block: 1
Foundation - Slab on Grade: 1
Roof - Metal: 1
Trim - Vinyl: 1
Farm Info
Fenced - Perimeter: 1
Utility Building: 1
Financing
Cash: 1
Conventional: 1
Furnished
Unfurnished: 1
Present Zoning
City: 1
Resid Single Family: 1
Rooms
Bedroom: 1
Utilities
Electricity - Availabile: 1
Public Water - Connected: 1
Bedroom
First: 1
Property Features
Bedroom: First
Farm Info: Fenced - Perimeter; Utility Building
Financing: Cash; Conventional
Furnished: Unfurnished
Rooms: Bedroom
Utilities: Electricity - Availabile; Public Water - Connected
Present Zoning: Resid Single Family
Room Information
| Room Name | Level | Dimensions | Length | Width |
| Bedroom | First | 10 x 12 | 10.00 | 12.00 |
| Bedroom | First | 10 x 12 | 10.00 | 12.00 |
Listing Office: Coldwell Banker Realty
Last Updated: November - 06 - 2026
Information deemed reliable but not guaranteed.