00 Florida Ave Panama City, FL 32405
- Specialty properties
Current Use by Public Records
- Specialty properties
Property Details for 00 Florida Ave
- Property type
- Specialty properties
Description
This exceptional 174,240 square foot commercial development site is located at 00 Florida Avenue, Panama City, FL 32405, in Bay County. Priced at $400,000, this special purpose property presents a unique opportunity for various business ventures, including warehouse or shop setups. The property is currently considered "wet," meaning it requires mitigation before development. However, Cypress Environmental has already conducted preliminary assessments to verify mitigation feasibility. A minimum of two acres is suitable for development following appropriate mitigation efforts. This presents a significant advantage for developers, reducing upfront environmental remediation costs. The seller is open to owner financing, with terms to be negotiated and agreed upon. This flexible financing option makes this property accessible to a wider range of investors. The expansive lot size offers considerable flexibility in design and development plans, catering to a variety of commercial needs. This prime location in Panama City offers excellent potential for a strong return on investment. Serious inquiries are encouraged.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Panama City
- County
- Bay
- State
- Florida
- Longitude
- -85.6685
- Latitude
- 30.2105
