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    826 Mlk Blvd Panama City, FL 32401

    Pending
    For Sale
    $70,000

    COMMERCIAL - Panama City, FL

    Lot size:
    0.21 Acres
    Days on Market:
    14
    Last Refresh:
    Dec 15 at 12:06 am

    Property Features for 826 Mlk Blvd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Pending
    APN
    17204-000-000
    Lot size
    0.21 Acres

    Keller Williams Success Realty (850) 249-0313 [email protected]

    Listing agent Jeff Payne (850) 249-0313 License #3168006

    Listing date Dec 2, 2025

    MLS# 779777 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 Lot on MLK Blvd

    This commercial lot is located on MLK Boulevard, in close proximity to Ascension Sacred Heart Hospital and downtown Panama City, Florida. The lot is nearly 1/4 acre in size and features 140 feet of road frontage on a four-lane road. The surrounding area is experiencing growth, and the city has allocated funds for its development. The adjacent lot at 824 MLK Boulevard is also available for purchase, either separately or together with this property.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Panama City
    County
    Walton
    State
    Florida
    Longitude
    -85.649994
    Latitude
    30.163764

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    FAQs

    What type of property is this?
    Commercial land - Commercial lot near hospital and downtown Panama City, Florida.
    Where is this commercial land located?
    The property is located at 826 Mlk Blvd Panama City, FL.
    What is the asking price?
    The asking price for this property is $70,000.
    What are key features of this property?
    This property features: - Prime commercial lot location on MLK Blvd.; - Close proximity to Ascension Sacred Heart Hospital and downtown Panama City.; - Significant road frontage: 140 feet on a busy 4-lane road.
    (850) 249-0313
    Request Owner's contact information
    826 Mlk Blvd 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
    826 Mlk Blvd Panama City, FL 32401
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