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    1526 Fortune Ave Panama City, FL 32405

    For Sale
    $150,000

    COMMERCIAL - Panama City, FL

    Lot size:
    0.42 Acres
    Days on Market:
    39
    Last Refresh:
    Dec 13 at 6:06 pm

    Property Features for 1526 Fortune Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    14038-000-000
    Lot size
    0.42 Acres

    Think Real Estate (850) 890-6262 [email protected]

    Listing agent The Sanchez Group (850) 890-6262

    Listing date Nov 5, 2025

    MLS# 780071 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

    Panama City Commercial Land

    This commercial land is located in Panama City, Florida. The property is currently zoned GC-2 and has a development plan. Water and sewer are available. Spanning from Fortune Avenue to Friendship Avenue, the property offers frontage on both streets. The lot is currently zoned General Commercial, but 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. The property size is 0.42 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Panama City
    County
    Walton
    State
    Florida
    Longitude
    -85.687354
    Latitude
    30.176416

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    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 Ave Panama City, FL.
    What is the asking price?
    The asking price for this property is $150,000.
    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.
    (850) 890-6262
    Request Owner's contact information
    1526 Fortune Ave Panama City, FL 32405
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    Panama City, FL 32405
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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
    1526 Fortune Ave Panama City, FL 32405
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