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1014 Mercedes Avenue, Panama City, FL 32401

$265,000
  • 1014 Mercedes Avenue, Panama City, FL 32401 Main Photo

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Active
MLS#1002849
STATUSActive PROPERTY TYPECommercial - Business

Property Description

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. 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, strong development flexibility, and convenient access to shopping, dining, medical facilities, and major thoroughfares, this parcel is perfectly positioned for growth and long-term value. Whether you are looking to develop multifamily housing, professional office space, educational facilities, or a mixed-use investment project, this property presents a rare opportunity in one of the area's most desirable and rapidly growing locations.All measurements and items of importance are to be confirmed by buyer or buyer agent.

1014 Mercedes Avenue | MLS# 1002849

This commercial property located at 1014 Mercedes Avenue, Panama City, FL 32401 is currently listed for sale with an asking price of $265,000. Search Panama City real estate on rstewart.therealtyvault.com today.

Property Features

Property Type: Commercial - Business
Lot Size: 2.50 Acres

Feature Descriptions

Days on Site: 22
Parcel Number: 16536-000-000

Listed By / Shown By

Listed By

Agency Name: Beach Haven Realty LLC

Shown By

Agent Name: Ranae Stewart
Agent Phone: (850) 619-4224
Agency Title: The Realty Vault

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 06/04/2026. The listing information on this page last changed on 06/04/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 06/04/2026 12:02:20 AM EST) or Pensacola MLS (last updated Wed 06/03/2026 11:53:16 PM EST) or Baldwin County MLS (last updated Thu 06/04/2026 12:01:15 AM EST) or Emerald Coast MLS (last updated Wed 06/03/2026 11:55:26 PM EST). Real estate listings held by brokerage firms other than The Realty Vault may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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