1526 Fortune Avenue Panama City, FL 32405

Listing agent The Sanchez Group Show Phone

Listing office Think Real Estate z***@gmail.com 2810 Martin Luther King Jr. Bl Suite C, Panama City Beach, FL Show Phone

Listing date Oct 7, 2025

Report an issue

MLS# 780071 Listing URL

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 commercial property in Panama City, Florida, is zoned GC-2 and has a development plan. Water and sewer services are available. The 0.42-acre lot spans from Fortune Avenue to Friendship Avenue, providing frontage on both streets. Zoned General Commercial, the property may also 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 a development plan in place.
• Spans from Fortune Avenue to Friendship Avenue, providing frontage on both streets.
• Potential for rezoning to residential use.

Property Analytics

Property Profile Location Intelligence

Similar For Sale Nearby

• 

  $1,500,000

  9,050 SF

  Three-Building Flex and Industrial Campus

  A 9,000+ SF heated, multi-office flex campus with gated storage, abundant parking, and room to scale for growing operations.

  2901 W 17th Street, Panama City, FL 32405

  View Details
• 

  $2,500,000

  11,171 SF

  Versatile Commercial Property in Panama City

  Showroom, warehouse, and office space in a strategic location.

  1331 Harrison Avenue, Panama City, FL 32401

  View Details
• 

  $349,900

  2,768 SF

  Veterinary Clinic Facility

  Well-appointed veterinary clinic with multiple exam and support rooms, designed for animal care and professional office use.

  247 N Highway 22 A, Panama City, FL 32404

  View Details
• 

  $775,000

  1,708 SF

  Mixed-Use Office Property

  Remodeled custom property on a 0.64-acre lot with mixed-use flexibility and multiple entrances, including two suite setups.

  854 Magnolia Avenue, Panama City, FL 32401

  View Details
• 

  $724,000

  5,222 SF

  Six-Unit Income Producing Property

  Turnkey six-unit rental portfolio on a corner lot with recently remodeled interiors and newer roof improvements.

  119 College Avenue, Panama City, FL 32401

  View Details
• 

  $724,000

  5,222 SF

  Income-Producing Multi-Family Panama City

  Six rental units generating over $82,000 in gross annual income.

  119 College Avenue, Panama City, FL 32401

  View Details
• 

  $595,000

  3,375 SF

  Auto Shop with Service Bays

  Move-in ready auto shop with service bays, office space, and substantial frontage for everyday commercial visibility.

  1900 N East Avenue, Panama City, FL 32405

  View Details
• 

  $385,000

  1,674 SF

  Turnkey Office Building with Private Rooms

  Move-in-ready office building features a lobby with reception area, seven private rooms, kitchenette, and three bathrooms.

  316 W 11th Street, Panama City, FL 32401

  View Details
• 

  $1,185,000

  2,720 SF

  Waterfront Multifamily Property with Boat Slips

  Updated waterfront multifamily property in Panama City with income potential.

  6722 S Lagoon Drive, Panama City, FL 32408

  View Details
• 

  $2,230,000

  5,156 SF

  Turnkey Vacation Rental Duplex

  Brand-new duplex designed for vacation rentals, with private pools and furnishings ready for short- or long-term operations.

  5237 Thomas Drive, Panama City, FL 32408

  View Details
• 

  $650,000

  3,100 SF

  Assisted Living/Healthcare Building

  Commercial building with 10 bedrooms and 8 bathrooms on a 0.27-acre lot.

  722 N Martin Luther King Junior Boulevard, Panama City, FL 32401

  View Details
• 

  $865,000

  2,988 SF

  Waterfront Quadplex with Carriage House

  Carriage house and quadplex generate listed rental income and include deep-water dock access for boat parking.

  405 Massalina Drive, Panama City, FL 32401

  View Details

FAQs

What type of property is this?

Commercial land - Commercial land with development plan in Panama City, Florida.

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 a development plan in place.; Spans from Fortune Avenue to Friendship Avenue, providing frontage on both streets.; Potential for rezoning to residential use.