Ad #7849414
MLS #789657
''CURRENTLY UNDER CONTRACT, SELLER ACCEPTING BACKUP OFFERS''
1014 Mercedes Ave, Panama City, FL 32401
$260,000
--Beds
--Baths
--Sqft
2.5Acres
About this property
''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, 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.
Property Features
0 Beds
0 Baths
0 Sqft
2.5 Acres
Bay County
No med Subdivision Community
Additional Photos
Contact Information
Patrick D Pate
Beach Haven Realty
850-381-7273
Location
Listing Agent: Patrick D Pate (License #: 3437592) 850-381-7273
Broker: Beach Haven Realty 770-596-6599 Listing Site
Copyright © 2026 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Beach Haven Realty 770-596-6599 Listing Site
Copyright © 2026 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
BeachHouse.com
Printed Aug 12, 2026
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$260,000
--
Beds
--
Baths
--
Sqft
1014 Mercedes Ave, Panama City, FL 32401
By contacting this agent you agree to these Terms and Conditions.
MLS# 789657
''CURRENTLY UNDER CONTRACT, SELLER ACCEPTING BACKUP OFFERS''
$260,000
1014 Mercedes Ave, Panama City, FL 32401
--
Beds
--
Baths
--
Sqft
2.5
Acres
$260,000
1014 Mercedes Ave, Panama City, FL 32401
-- Beds
-- Baths
-- Sqft
2.5 Acres
''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, 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.
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Property Details
HOME DETAILS
0 Beds
0 Baths
0 Sqft
2.5 Acres
FINANCIAL & COMMUNITY
Bay County
No med Subdivision Community
Location
Mortgage Calculator
Ad Statistics
Ad Number
7849414
Viewed
44 times
Listing Status
Pending
Added
Jun 24, 2026
Last Refreshed
Jul 03, 2026 06:17:28 PM
Listing Information
Data Source
Central Panhandle Association of REALTORS
Source Property ID
789657
Listing Agent: Patrick D Pate (License #: 3437592) 850-381-7273
Broker: Beach Haven Realty 770-596-6599 Listing Site
Copyright © 2026 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Beach Haven Realty 770-596-6599 Listing Site
Copyright © 2026 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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