Address: 1014 Mercedes Avenue, Panama City, FL 32401
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.
Legal Description: 4 4S 14W -76- 69A BEG 60' E OF NE COR OF BLK 1 GLENWOOD ADD TH S 330' EAST TO BAYOU NLY 330' M/L TO THE SLY R/W OF 11TH ST TH RUN WLY TO POB ORB 4505 P 2299
1.637 acre commercial lot on La Paloma Trail in Panama City, FL! This undeveloped parcel sits directly across the street from the water, providing a scenic backdrop and excellent visibility. Ideal for
Prime Investment Opportunity: Six Buildable Lots that's already CLEARED!!
Unlock the potential of this amazing 30,000 sqft (0.68 acre) parcel, perfectly positioned for immediate development!
Th
New Listings & Price Reduction Updates sent directly to your email
Create Your Own Property Search saved for your return visit.
"Like" Listings and Create a Favorites List
* NOTICE: By creating your free profile, you authorize us to send you periodic emails about new listings that match your saved searches and related real estate information.If you provide your telephone number, you are giving us permission to call you in response to this request, even if this phone number is in the State and/or National Do Not Call Registry.