3905 E 11th Street, Panama City, FL 32404
M&B · Bay County
Key Facts
Description
Prime Mixed-Use Lot | 0.95 AC Near New City Hall. Unlock the massive potential of this versatile, high-visibility 0.955-acre lot, perfectly positioned near the brand-new Springfield Government Complex and City Hall! Boasting premium Commercial Mixed-Use zoning, this property offers rare development flexibility for savvy investors, builders, or business owners. Dual Street Access & High Functionality: Seamless Traffic Flow: Premium frontage on 11th Street with highly functional rear access from Wave Avenue--perfect for easy commercial deliveries, customer parking, or private residential entry. Ultimate Versatility: Maximize your return! Build your custom dream home on the quiet back portion and run your business out of the front. Endless Possibilities: Fully approved for Boat/RV storage, retail storefronts, modern office spaces, or multi-use commercial structures. The Location & Infrastructure Advantage: Ready to Connect: Steps away from expanding city infrastructure in a high-growth sector. Direct Broker/Owner Sale: Sold strictly As-Is, ensuring a direct and transparent buying process. Bring Your Vision: Tap into the city's future growth boom--consult with the City Hall planning department to finalize your custom blueprints! Don't let this prime commercial footprint pass you by. Submit your offer today and secure your stake in a booming district!
Property Information
Property Type
Land
Sub-Type
Unimproved Land
Lot Size
1.00 acres
Days on Market
383
MLS® Listing#
775220
Property Features
Utilities
Sewer
Financial Details
HOA
None
Parcel Number
15029-060-095
Directions
Across Transmitter from the new Springfield City Hall area on 11th Street, a couple doors up. Great spot if you need to be close to Springfield City Hall. Look for sign. Fronts Wave Avenue on the back side. Can build a house and use Wave for address or driveway or alt access. End of Wave Ave, off Transmitter. Commercial front on 11th, mixed use.
Affordability Calculator
$26,800
Estimated monthly payment
$713/mo
Principal $107,200 · Est. interest $149,554 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Panama City, FL
- $379,455
- Median Listing Price
- 103
- Median Days on Market
- 1,572
- Median Sq Ft
- $248
- Median Price / Sq Ft
- 6,141
- Active Listings
- This home’s price is 65% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Panama City, FL.
Location
Points of Interest in Panama City, FL
Showing the Panama City area map.
Nearby Schools
Rutherford High School
Secondary · 0.6 mi away
Everitt Middle School
School · 0.8 mi away
Springfield Elementary School
Elementary · 0.9 mi away
Cedar Grove Elementary School
Elementary · 1.0 mi away
The Learning Factory
School · 1.1 mi away
Margaret K Lewis School
School · 1.7 mi away
Oscar Patterson Elementary Magnet
Elementary · 1.9 mi away
C C Washington Academy
School · 2.0 mi away
Rosenwald High School
Secondary · 2.0 mi away
Rosenwald Middle School
School · 2.0 mi away
Parker Elementary School
Elementary · 2.3 mi away
A D Harris Headstart
School · 2.4 mi away
Callaway Elementary School
Elementary · 2.5 mi away
Merriam Cherry Street Elementary
Elementary · 2.7 mi away
Hiland Park Elementary School
Elementary · 2.7 mi away
Bay Regional Juvenile Detention Center
School · 2.9 mi away
The Education Center of Panama City
School · 2.9 mi away
Eagle Nest Christian Academy
School · 2.9 mi away
Holy Nativity Episcopal School
School · 3.0 mi away
Chautauqua Charter School
Secondary · 3.1 mi away
Commute Calculator
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 1436 David Avenue, Panama City, FL | $94,000/mo | — | — | — |
| 739 SE MONROE STREET, Lake City, FL | $94,000 | 3 | — | 855 |
| 1411 W Park Lane, Panama City, FL | $94,900 | — | — | — |
| 167 PALM VIEW COURT 3487, HAINES CITY, FL | $94,900 | 1 | 1 | 974 |
| 251 PATTERSON ROAD D32, HAINES CITY, FL | $95,000 | 1 | 1 | 858 |
| 302 ANDOVER PLACE S 167, SUN CITY CENTER, FL | $95,000 | 1 | 2 | 800 |
Moving Cost Estimate
EXIT Agents in Panama City
Listing Courtesy: Gulf Real Estate - 8502582611