Property summary
This exceptional Panama City, Florida property presents a rare investment opportunity. Located at 1410 Wilmont Avenue, this special purpose property boasts a total of 4,653 square feet across two existing structures situated on a generous 18,295.2 square foot lot. The main building, exceeding 2,800 square feet, previously served as a church, offering substantial space for redevelopment. A second building, slightly over 1,000 square feet, was formerly used as a residence. Additionally, a smaller shed is located at the rear of the lot. Built in 1960, the property requires some renovation, presenting a chance to create a unique and profitable venture. Its prime location, just one block from Highway 98 and in close proximity to the Saint Andrews area, offers excellent visibility and accessibility. The property is being sold in its "as-is" condition, allowing for maximum flexibility in its future use. This is a remarkable opportunity to acquire a substantial property with significant potential in a desirable location. The asking price is $299,999. The property's zoning and permitted uses should be independently verified.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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