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Waterfront Commercial Land

648 Florida Avenue, Panama City, FL 32401

For Sale
New
$999,000

Land, Panama City, FL

Property SizeContact for details
Lot Size0.47 Acres
Days on Market3

Property Features for 648 Florida Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning description City, General Commercial
Subdivision No Named Subdivision
Directions West on Beach Drive take a right onto Florida Avenue and its on the left.
Standard status Active
APN 19494-010-000
Lot size 0.47 Acres

Taxes and HOA fees

Tax Description 8 4S 14W -16.1- 27B BEG 170.88' S OF N LI SEC & W R/W LI FL AV TH W 201.57' NWLY 79'M/L TO WATERS EDGE OF JOHNSON BAYOU NELY ALG WATER EDGE 303'M/L TO W R/W FL AV TH S 132' TO POB ORB 4138 P 1966
Legal Description 8 4S 14W -16.1- 27B BEG 170.88' S OF N LI SEC & W R/W LI FL AV TH W 201.57' NWLY 79'M/L TO WATERS EDGE OF JOHNSON BAYOU NELY ALG WATER EDGE 303'M/L TO W R/W FL AV TH S 132' TO POB ORB 4138 P 1966

Utilities

Sewer type Public Sewer
Water front features Seawall
Water front 1
Listing Agency: EXP Realty LLC
Listed By: Justin Cater LLC · License FL #3337543
Added: Nov 7 Changed: Nov 9 Last Checked: Nov 9 at 7:06PM
MLS# 797548

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.

Rey
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Investment Insights

Based on property information with market context.

At 648 Florida Avenue in Panama City, this commercial land parcel fronts a canal and includes a seawall. Views described for the property include marshland and areas toward St. Andrews Bay and Beach Drive. Public sewer is listed as available, and the parcel is identified within the Downtown District (DTD) zoning context.

The district standards described in the property information allow residential density of up to 30 units per acre, potentially rising to 60 units per acre with qualifying bonuses, and building heights up to 120 feet, subject to applicable restrictions and approvals. Any development, permitted uses, subdivision, or incentives would require verification and applicable approvals.

Key Highlights

  • Canal frontage with a seawall
  • Public sewer
  • Identified in the Downtown District (DTD) zoning context

Property Analytics

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

Suggested Use

Top Pick Pharmacy Garden Center Gym & Fitness Center Bakery Storage Facility (Bike/Boat/Book/etc) 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

1,523
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 - A seawall and public sewer serve this downtown parcel with canal frontage.
Where is this commercial land located?
The property is located at 648 Florida Avenue Panama City, FL.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: Canal frontage with a seawall; Public sewer; Identified in the Downtown District (DTD) zoning context
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