Explore the possibilities with this sizable lot, measuring 0.344 acres and featuring a generous 50ft frontage on Mercedes Ave with an impressive depth of 300 ft, offering ample space for your ideas to unfold. Zoned MU-2, this property opens up a myriad of possibilities for various uses.Conveniently located, this property is in close proximity to schools, Ascension Sacred Heart Bay, Bay Town Trolley stops, public transportation, and the bustling shopping and dining scene in Panama City's Downtown area. Notably, this lot falls within Flood Zone X, providing added assurance. With its substantial size, versatile zoning, and strategic location, this property is an excellent canvas for your plans and aspirations. Don't miss the opportunity to discover the potential of this expansive and well-located lot!
Property Details
Property Features
Listing Office:
Office Name: ERA Neubauer Real Estate Inc
Lot Features
Lot Information:
Lot Size: 0.34 Acres
School Info
Assigned Schools Information:
Bay High School, Public District Grades 9-12
Jinks Middle School, Public District Grades 6-8
Merriam Cherry Street Elementary School, Public District Grades PK-5
Other
Directions Information:
Directions: Directions from Panama City to 1343 Mercedes Ave. Head toward E 7th St on Harrison Ave (US-231). Go for 0.6 mi. Turn right onto E 11th St (CR-28). Go for 0.6 mi. Turn left onto N Cove Blvd (SR-77 N). Go for 0.4 mi. Turn right onto E 14th St. Go for 0.3 mi. Turn right onto Mercedes Ave. Go for 85 ft. First property on corner of E 14th St and Mercedes
Price Information
Listing Price Info
Price Summary:
List Price: $38,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Panama City, FL.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$257
Per Month
Principal & Interest
$190
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$180
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
1
/10
Merriam Cherry Street Elementary School
1125 Cherry St
Distance between this listing and this school0.28 miles
Public District Grades PK-5
Middle School
4
/10
Jinks Middle School
600 W 11th St
Distance between this listing and this school1.86 miles
Public District Grades 6-8
High School
3
/10
Bay High School
1200 Harrison Ave
Distance between this listing and this school1.55 miles
Public District Grades 9-12
Assigned Schools
1
/10
Merriam Cherry Street Elementary School
1125 Cherry St
Distance between this listing and this school0.28 miles
Public District Grades PK-5
Nearby Schools
2
/10
Oscar Patterson Elementary Magnet
1025 Redwood Ave
Distance between this listing and this school1.13 miles
Public Magnet Grades PK-5
1
/10
Springfield Elementary School
520 School Ave
Distance between this listing and this school1.87 miles
Public District Grades PK-5
Assigned Schools
4
/10
Jinks Middle School
600 W 11th St
Distance between this listing and this school1.86 miles
Public District Grades 6-8
Nearby Schools
3
/10
Everitt Middle School
608 School Ave
Distance between this listing and this school1.88 miles
Public District Grades 6-8
7
/10
North Bay Haven Charter Academy Middle School
1104 Balboa Ave
Distance between this listing and this school2.16 miles
Public Charter Grades 6-8
Assigned Schools
3
/10
Bay High School
1200 Harrison Ave
Distance between this listing and this school1.55 miles
Public District Grades 9-12
Nearby Schools
2
/10
Rutherford High School
1000 School Ave
Distance between this listing and this school2.09 miles
Public District Grades 9-12
9
/10
North Bay Haven Career Academy
1104 Balboa Ave
Distance between this listing and this school2.16 miles
The neighbors living near this home have an average income of $45,803. Most Panama City, FL residents have annual incomes between $35k-100k. Most families are single, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 00 Mercedes Ave
What is the listing price of this property?
The listing price of 00 Mercedes Ave property is $38,000.
What type of property is this?
The property 00 Mercedes Ave is land located in Panama City, Florida, 32401.
Is this property for sale now?
Active Listing: 00 Mercedes Ave is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 00 Mercedes Ave are: Merriam Cherry Street Elementary School: GreatSchools Rating 1/10Jinks Middle School: GreatSchools Rating 4/10Bay High School: GreatSchools Rating 3/10
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 00 Mercedes Ave in Panama City, FL and zip code 32401 in the Bunkers Cove neighborhood. This home sits on a 0.34 acre lot. It has been listed on Rocket Homes since February 20, 2024 and is currently priced at $38,000.
Panama City, FL housing market in March 2024 saw over 13 listings sold above listed price, more than 63 sold at listed price and over 120 sold below. In March 2024 in Panama City, FL there were 3.2% more homes for sale than in February 2024. Listings spent 82 days on the market in March 2024, and had a median list price of $347,126 during the same period.
From Rocket Homes Real Estate and based on county public records data.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Properties subject to prior sale, change, withdrawal or rental. Copyright© 2024 Central Panhandle Association of REALTORS.© All Rights Reserved.
Pro Boxing
Pro Boxing
Horse Races
Extreme Sports
Family Dollar
Stein Mart
Sam's Club
White Castle
LongHorn Steakhouse
Bob Evans
Chevrolet
Buick
Oldsmobile
Rock
Contemporary Inspirational
News