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1014 Mercedes Avenue, Panama City, FL 32401

Panama City
Local realty services provided by:CENTURY 21 Beggins Enterprises
1014 Mercedes Avenue,Panama City, FL 32401
$260,000
  • 2.5 Acres
  • Lots / Land
  • Pending
Listed by: patrick d pate, kay h pate
Office: beach haven realty
MLS#:789657
Source:FL_BCMLS

Price summary

  • Price:$260,000

About this home

''CURRENTLY UNDER CONTRACT, SELLER ACCEPTING BACKUP OFFERS'' HUGE INVESTMENT POTENTIAL!! Positioned in a prime location in the heart of Panama City, this exceptional 2.5-acre corner parcel offers unlimited potential for developers, investors, and business owners alike. Located in an opportunity zone. Zoned Mix Use 3, the property is ideally suited for medium to high-density residential development combined with professional offices, educational facilities, and low-intensity neighborhood commercial uses. Multifamily development opportunities allow for up to 20 units per acre, creating incredible possibilities for apartments, townhomes, mixed-use concepts, or a live/work community. Extensive due diligence has already been completed, including an environmental/ecological site assessment, GEO-technical engineering report, boundary and topographical survey, and wetland survey--saving valuable time and expense for future development. With its highly visible corner location,...

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Home facts

  • Listing ID #:789657
  • Added:57 day(s) ago
  • Updated:July 05, 2026 at 08:11 AM

Structure and exterior

  • Lot area:2.5 Acres

Utilities

  • Sewer:Sewer Available

Finances and disclosures

  • Price:$260,000
The information being provided by Central Panhandle Association Of REALTORS® is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Central Panhandle Association Of REALTORS®. CENTURY 21 Beggins Enterprises is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Beggins Enterprises, a broker participant of Central Panhandle Association Of REALTORS®. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Central Panhandle Association Of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Properties in listings may have been sold or may no longer be available. Copyright 2026 Central Panhandle Association Of REALTORS®. All rights reserved.

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