1526 Fortune Avenue Panama City, FL 32405

Listing agency Think Real Estate z***@gmail.com Show Phone

Listed by The Sanchez Group Show Phone

Added: Oct 7, 2025 Updated: May 14 at 12:49PM Checked: Jul 21 at 11:06AM

Report an Issue

MLS# 780071

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.

---

Investment Insights

Based on property information with market context.

This commercial property in Panama City, Florida, is zoned GC-2 and has a development plan. Water and sewer services are available. The 0.42-acre lot spans from Fortune Avenue to Friendship Avenue, providing frontage on both streets. Zoned General Commercial, the property may also be rezoned for residential use. If converted to residential, the property could be split into two separate lots, each suitable for building a single-family home. This property presents an opportunity for investors or builders, stretching continuously from Fortune Avenue through to Friendship Avenue.

Key Highlights

• Zoned GC‑2 with a development plan in place.
• Spans from Fortune Avenue to Friendship Avenue, providing frontage on both streets.
• Potential for rezoning to residential use.

Property Analytics

Property Profile Location Intelligence

Similar For Sale Nearby

• 

  $1,375,000

  9,050 SF

  Three-Building Flex Office Property

  Heated and cooled flex setup totaling over 9,000 square feet across three buildings with parking and secured yard.

  2901 W 17th Street, Panama City, FL 32405

  View Details
• 

  $2,500,000

  11,171 SF

  Versatile Commercial Property in Panama City

  Showroom, warehouse, and office space in a strategic location.

  1331 Harrison Avenue, Panama City, FL 32401

  View Details
• 

  $775,000

  1,708 SF

  Mixed-Use Office Property

  Remodeled custom property on a 0.64-acre lot with mixed-use flexibility and multiple entrances, including two suite setups.

  854 Magnolia Avenue, Panama City, FL 32401

  View Details
• 

  $799,000

  4,300 SF

  Versatile Warehouse with Rental Income

  4,300 SF warehouse with rental opportunity in Panama City.

  1509 Hickory Avenue, Panama City, FL 32405

  View Details
• 

  $724,000

  5,222 SF

  Six-Unit Income Producing Property

  Turnkey six-unit rental portfolio on a corner lot with recently remodeled interiors and newer roof improvements.

  119 College Avenue, Panama City, FL 32401

  View Details
• 

  $349,900

  2,768 SF

  Veterinary Clinic Facility

  Well-appointed veterinary clinic with multiple exam and support rooms, designed for animal care and professional office use.

  247 N Highway 22 A, Panama City, FL 32404

  View Details
• 

  $724,000

  5,222 SF

  Income-Producing Multi-Family Panama City

  Six rental units generating over $82,000 in gross annual income.

  119 College Avenue, Panama City, FL 32401

  View Details
• 

  $2,500,000

  11,171 SF

  Versatile Commercial Property in Panama City

  Showroom, warehouse, and office space suitable for various business operations.

  1331 Harrison Avenue, Panama City, FL 32401

  View Details
• 

  $585,000

  3,375 SF

  Automotive Service Shop

  Automotive service shop with multiple service bays, office space, and 123 feet of frontage on a 0.31-acre lot.

  1900 N East Avenue, Panama City, FL 32405

  View Details
• 

  $1,199,000

  3,555 SF

  Two Panama City Office Buildings

  Two office buildings for sale in Panama City, Florida.

  2309 Frankford Avenue, Panama City, FL 32405

  View Details
• 

  $1,100,000

  6,000 SF

  Iconic Rooftop Opportunity

  Structurally impressive rooftop ready for development in downtown Panama City.

  436 Harrison Avenue #400, Panama City, FL 32401

  View Details
• 

  $650,000

  3,000 SF

  Multi-Use Office Building with Suites

  Versatile building near Downtown with 10 bedrooms and 8 bathrooms, suited for office, medical, or hospitality concepts.

  722 N Cove Blvd, Panama City, FL

  View Details

FAQs

What type of property is this?

Commercial land - Commercial land with development plan in Panama City, Florida.

Where is this commercial land located?

The property is located at 1526 Fortune Avenue Panama City, FL.

What is the asking price?

The asking price for this property is $130,000.

What are key features of this property?

This property features: Zoned GC‑2 with a development plan in place.; Spans from Fortune Avenue to Friendship Avenue, providing frontage on both streets.; Potential for rezoning to residential use.