Commercial Land in Millville
For Sale
$114,000
425 Maine Avenue, Panama City, FL 32401
LAND - Panama City, FL
Property SizeContact for details
Lot Size0.50 Acres
Days on Market399
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
(850) 654-2900
Listed By:
Mike Herring · License #3256219
(850) 321-0917
Added: Jul 2, 2025
Changed: Apr 27
Last Checked: Aug 4 at 8:06AM
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.
Investment Insights
Based on property information with market context.
Located in the revitalizing Millville Community of Panama City, this cleared corner parcel is situated within the Central Millville Business District. Zoned General Commercial (GC-2), the property offers flexibility for various commercial ventures, including retail, office, service industry, and mixed-use development. The site benefits from dual road frontage and a high daily traffic count of 21,500 vehicles (FDOT, 2017), providing excellent accessibility and exposure. The property is positioned steps from Watson Bayou and offers easy access to Downtown Panama City, major transportation routes, and waterfront attractions. The 0.5-acre lot is ready for development and features two road access points for optimal traffic flow. This location is suitable for investors, developers, or business owners seeking to establish a presence in an area poised for growth. The property is located within a designated business district, fostering economic development.
Key Highlights
- High‑traffic corner lot with 21,500 daily vehicles ensures maximum visibility.
- Zoned GC‑2, allowing for a wide range of commercial uses.
- Cleared and ready for development, saving time and resources.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
279
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - High-visibility corner parcel in Panama City's Millville Community.
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: High‑traffic corner lot with 21,500 daily vehicles ensures maximum visibility.; Zoned GC‑2, allowing for a wide range of commercial uses.; Cleared and ready for development, saving time and resources.
