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    711 Mlk Blvd Panama City, FL 32401

    For Sale
    $150,000

    Vacant land, ideal location, investment opportunity.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 2,570 square foot vacant land parcel presents a compelling investment opportunity in the heart of Panama City, Florida. Located at 711 MLK Boulevard, this property boasts a highly desirable address, situated directly across from Ascension Sacred Heart Bay hospital. Its central location offers easy access to the vibrant downtown areas of both Panama City and Millville, providing convenient access to a range of amenities, services, and attractions. The property's strategic position also ensures effortless commutes to Panama City Beach, Lynn Haven, and Highway 231, opening up the entire Bay County region for exploration and enjoyment. This prime location makes it suitable for a variety of development projects, capitalizing on the strong demand for land in this thriving area. The asking price for this exceptional property is $150,000. With its convenient location and significant potential, this 2,570 square foot lot represents a rare chance to acquire a valuable asset in a rapidly growing market. Serious inquiries are encouraged to explore the possibilities this property offers. The property is zoned for [Zoning information not provided]. Further due diligence is recommended to confirm all details.

    Property Features for 711 Mlk Blvd

    General Information

    Property type
    Land
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Panama City
    County
    Bay
    State
    Florida
    Longitude
    -85.6507788
    Latitude
    30.1613466

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    FAQs

    What type of property is this?
    Land - Vacant land, ideal location, investment opportunity.
    Where is this land located?
    The property is located at 711 Mlk Blvd Panama City, FL.
    What is the asking price?
    The asking price for this property is $150,000.
    Request Owner's contact information
    711 Mlk Blvd Panama City, FL 32401
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    Panama City, FL 32401
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    711 Mlk Blvd Panama City, FL 32401
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