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    3301 E 1St Ct Panama City, FL 32401

    Sponsored
    For Sale
    $195,000

    COMMERCIAL - Panama City, FL

    Lot size:
    0.98 Acres
    Days on Market:
    24
    Last Refresh:
    Jan 7 at 5:06 am

    Property Features for 3301 E 1St Ct

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    24219-010-000
    Lot size
    0.98 Acres

    Utilities

    Sewer type
    Public Sewer

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

    Listing agent Joshua Hoey (850) 270-4200 License #SL3447224

    Listing date Dec 15, 2025

    MLS# 782682 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

    Commercial Land in Panama City

    This General Commercial/Mixed-Use property offers the opportunity for various developments, allowing up to 15 dwelling units per acre. Situated on just under 1 acre, the site is suitable for a multifamily project, single-family homes, or a commercial site, subject to City of Springfield approval. The City of Springfield prefers a minimum of 50' lots. Water and sewer are available on Central Ave and 1st Court. The property could accommodate either 6 single-family lots or 11 multifamily units, subject to DO and stormwater approval. Interested parties should contact the City of Springfield to confirm all project details and specifics.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Panama City
    County
    Walton
    State
    Florida
    Longitude
    -85.617739
    Latitude
    30.147105

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    FAQs

    What type of property is this?
    Commercial land - General Commercial/Mixed-Use land suitable for multifamily or commercial development.
    Where is this commercial land located?
    The property is located at 3301 E 1St Ct Panama City, FL.
    What is the asking price?
    The asking price for this property is $195,000.
    What are key features of this property?
    This property features: - General Commercial/Mixed-Use zoning allows for diverse development options.; - Potential for up to 15 dwelling units per acre.; - Close to 1 acre of land.
    (850) 303-4050
    Request Owner's contact information
    3301 E 1St Ct 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
    3301 E 1St Ct Panama City, FL 32401
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