630 Harmon Ave Panama City, FL 32401
This exceptional special-purpose property, located at 630 Harmon Avenue in Panama City, Florida, presents a unique investment opportunity. Situated on a sizable 3,364 square foot lot, this mixed-use property offers significant potential for residential or commercial development. Its strategic location near Panama City's expanding downtown area provides easy access to a growing number of businesses, amenities, and residential communities. The property's versatility allows for a range of uses, catering to diverse business needs or residential conversion. The asking price is $55,000, making it an attractive proposition for investors seeking a foothold in a thriving Florida market. The property's zip code is 32401, and its precise coordinates are latitude 30.159589 and longitude -85.656936. This presents a rare chance to acquire a well-positioned property in a dynamic urban setting, offering substantial potential for future appreciation and income generation. The property is located in Bay County, Florida, and its proximity to the city center makes it an ideal location for a variety of commercial or residential ventures. Given its size and location, this property is well-suited for redevelopment or repurposing to meet the demands of the local market. Serious inquiries are encouraged to explore the full potential of this promising investment.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.