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Cleared Corner Commercial Land
For Sale
$114,000

425 Maine Avenue, Panama City, FL 32401

Land, Panama City, FL

Property SizeContact for details
Lot Size0.50 Acres
Days on Market444

Property Features for 425 Maine Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial
Subdivision Welch Add
Directions From the intersection of Highway Bus. 98 & Highway 77, travel east on Highway Bus. 98, property is located on the southwest corner of Highway Bus. 98 and Maine Avenue.
Standard status Active
APN 22502-000-000
Lot size 0.50 Acres

Taxes and HOA fees

Tax Description WELCH ADD LOTS 1,2 BLK 4 ORB 3089 P 1120 MAP 105D1
Legal Description WELCH ADD LOTS 1,2 BLK 4 ORB 3089 P 1120 MAP 105D1
Listing Agency: Keller Williams Realty Emerald
Listed By: Mike S Herring · License #3256219
Added: Jul 3, 2025 Changed: Sep 3 Last Checked: Sep 19 at 8:06PM
MLS# 775798

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 0.5-acre commercial land parcel at 425 Maine Avenue is cleared and positioned at a corner with access from two roads. The property carries GC-2 zoning and is located within the Central Millville Business District, supporting commercial development consistent with that designation.

The site recorded a daily traffic count of 21,500 vehicles according to FDOT data from 2017. Its Panama City location places the parcel near Watson Bayou and Downtown Panama City, adding convenient proximity to both waterfront and urban destinations.

Key Highlights

  • 0.5‑acre cleared commercial land parcel
  • GC‑2 zoning within the Central Millville Business District
  • Corner location with access from two roads

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Spa & Massage Center HVAC Service Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

287
Businesses Nearby

Demographics for 32401, FL

20,487
Population
10,239
Households
2
Avg Household Size
42
Median Age
20%
College-Educated
86%
High-School Grad
12.5 sq mi
ZIP Area
1,639
Density / Sq Mi
$49,901
Median Household Income
$35,885
Median Earnings
$1,194
Median Rent
$207,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
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Frequently Asked Questions

What type of property is this?
Commercial land - GC-2 zoning and two-road access support a range of commercial development options.
Where is this commercial land located?
The property is located at 425 Maine Avenue Panama City, FL.
What is the asking price?
The asking price for this property is $114,000.
What are key features of this property?
This property features: 0.5‑acre cleared commercial land parcel; GC‑2 zoning within the Central Millville Business District; Corner location with access from two roads
More about this property
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