Listing Agency: THINK REAL ESTATE z***@whenyouthink.com Show Phone

Listed By: THE SANCHEZ GROUP

Source: Corcoran

Added: Oct 7, 2025 Changed: Jul 6 Last Checked: Aug 6 at 3:39AM

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Investment Insights

Based on property information with market context.

This property is zoned GC-2 and has a development plan. Water and sewer are available. The property extends from Fortune Avenue to Friendship Avenue, providing frontage on both streets. Zoned General Commercial, the lot may 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. This property presents an opportunity for investors or builders, stretching continuously from Fortune Avenue through to Friendship Avenue.

Key Highlights

• Zoned GC‑2 with Development Plan: Ready for immediate commercial development.
• Dual Street Frontage: Spans from Fortune Avenue to Friendship Avenue, offering access from both streets.
• Rezoning Potential: Can be rezoned for residential use, providing flexibility.

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick Dental Office Law Firm Real Estate Agency Parking Lot & Garage Accounting Firm Pharmacy

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

677

Businesses Nearby

Explore this area Business Placement

Demographics for 32405, FL

28,158

Population

13,585

Households

2.1

Avg Household Size

40

Median Age

29%

College-Educated

92%

High-School Grad

18.8 sq mi

ZIP Area

1,498

Density / Sq Mi

$71,002

Median Household Income

$41,867

Median Earnings

$1,418

Median Rent

$255,100

Median Home Value

Questions? Ask Rey

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What type of property is this? Where is this commercial land located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Commercial land - Commercial land with development plan, water and sewer available.

Where is this commercial land located?

The property is located at 1526 Fortune Avenue Panama City, FL.

What is the asking price?

The asking price for this property is $130,000.

What are key features of this property?

This property features: Zoned GC‑2 with Development Plan: Ready for immediate commercial development.; Dual Street Frontage: Spans from Fortune Avenue to Friendship Avenue, offering access from both streets.; Rezoning Potential: Can be rezoned for residential use, providing flexibility.