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    1201 N East Ave Panama City, FL 32401

    For Sale
    $985,000

    LAND - Panama City, FL

    Lot size:
    4.16 Acres
    Days on Market:
    82
    Last Refresh:
    Dec 8 at 7:06 pm

    Property Features for 1201 N East Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    15834-010-000
    Lot size
    4.16 Acres

    Utilities

    Sewer type
    Public Sewer

    Dalton Wade (727) 888-4175 [email protected]

    Listing agent Melissa Torres (888) 668-8283 License #SL3608568

    Listing date Sep 18, 2025

    MLS# 771434 Listing URL

    Copyright © 2025 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.

    Overview

    R-2 Zoned Land Opportunity

    This property features over 4 acres of R-2 zoned land with existing infrastructure for a 52-unit mobile home park. Located in Panama City, Florida, the land also includes five income-producing dwellings situated on the southeast corner of the property. The electric system is currently being upgraded to underground. This property presents an opportunity for investors to earn income and develop in a favorable location.
    Location Intelligence

    Current Use by Public Records

    Mobile home & RV ...

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Panama City
    County
    Walton
    State
    Florida
    Longitude
    -85.625612
    Latitude
    30.169531

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    FAQs

    What type of property is this?
    Land - Land with income producers and new mobile home lot infrastructure.
    Where is this land located?
    The property is located at 1201 N East Ave Panama City, FL.
    What is the asking price?
    The asking price for this property is $985,000.
    What are key features of this property?
    This property features: - R-2 Zoned Land with Infrastructure for 52 Mobile Home Lots; - Five Income-Producing Dwellings Included; - Over 4 Acres of Land
    (888) 668-8283
    Request Owner's contact information
    1201 N East Ave Panama City, FL 32401
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    Panama City, FL 32401
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1201 N East Ave Panama City, FL 32401
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