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Cleared Commercial Corner Lot

425 Maine Avenue, Panama City, FL 32401

For Sale
$114,000

Land, Panama City, FL

Property SizeContact for details
Lot Size0.50 Acres
Days on Market494

Property Features for 425 Maine Avenue

General Information

Property type Land
Property subtype Other
Zoning Commercial
Subdivision WELCH ADDN
Lot features Cleared
Elementary school Cherry Street
Middle school Jinks
High school Bay
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 SRB
Listed By: Mike Herring · License #3256219
Added: Jul 2, 2025 Changed: Aug 19 Last Checked: Nov 7 at 9:06PM
MLS# 980106

Copyright © 2026 Emerald Coast 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.

Rey
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Investment Insights

Based on property information with market context.

This 0.5-acre commercial land parcel at 425 Maine Avenue is cleared and positioned as a corner site with access from two roads. The property carries General Commercial zoning designated GC-2, supporting the commercial uses identified for the site, including retail, office, service businesses, and mixed-use development.

Traffic exposure is supported by a reported daily count of 21,500 vehicles, based on FDOT data from 2017. The parcel lies within the Central Millville Business District in Panama City, near Watson Bayou and Downtown Panama City. Its location also provides access to major transportation routes and waterfront attractions, as described in the property information.

Key Highlights

  • 0.5‑acre cleared commercial parcel
  • General Commercial zoning designated GC‑2
  • Corner site with two road access points

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

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
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Market

Properties on Market for Commercial land in Panama City

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Commercial land - GC-2 zoning and dual road access support flexible commercial planning.
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 parcel; General Commercial zoning designated GC‑2; Corner site with two road access points
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