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    630 Harmon Ave Panama City, FL 32401

    For Sale
    $55,000

    Prime Location, Investment Opportunity

    Description

    Added:
    Feb 13, 2025
    Days on Market:
    305
    This exceptional special-purpose property, located at 630 Harmon Avenue in Panama City, Florida, presents a unique investment opportunity. Situated on a sizable 3,364 square foot lot, this mixed-use property offers significant potential for residential or commercial development. Its strategic location near Panama City's expanding downtown area provides easy access to a growing number of businesses, amenities, and residential communities. The property's versatility allows for a range of uses, catering to diverse business needs or residential conversion. The asking price is $55,000, making it an attractive proposition for investors seeking a foothold in a thriving Florida market. The property's zip code is 32401, and its precise coordinates are latitude 30.159589 and longitude -85.656936. This presents a rare chance to acquire a well-positioned property in a dynamic urban setting, offering substantial potential for future appreciation and income generation. The property is located in Bay County, Florida, and its proximity to the city center makes it an ideal location for a variety of commercial or residential ventures. Given its size and location, this property is well-suited for redevelopment or repurposing to meet the demands of the local market. Serious inquiries are encouraged to explore the full potential of this promising investment.

    Property Features for 630 Harmon Ave

    General Information

    Property type
    Specialty properties

    HighLights

    • $55,000 asking price.
    • Special purpose property.
    • 3,364 square foot lot.
    • Located at 630 Harmon Avenue, Panama City, FL 32401.
    • Mixed‑use potential, suitable for residential or commercial development.
    • Close proximity to Panama City's expanding downtown.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Panama City
    County
    Bay
    State
    Florida
    Longitude
    -85.656936
    Latitude
    30.159589

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    FAQs

    What type of property is this?
    Specialty property - Prime Location, Investment Opportunity
    Where is this specialty property located?
    The property is located at 630 Harmon Ave Panama City, FL.
    What is the asking price?
    The asking price for this property is $55,000.
    What are key features of this property?
    This property features: $55,000 asking price.; Special purpose property.; 3,364 square foot lot.
    Request Owner's contact information
    630 Harmon Ave 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
    630 Harmon Ave Panama City, FL 32401
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