Explore the potential of this prime commercial lot located in the heart of a Panama City Opportunity Zone. This strategically positioned property offers exceptional convenience to Ascension Sacred Heart Bay, Downtown Panama City, and the city's vibrant attractions. Zoned GC-2, the front portion boasts 43 ft of frontage on Hwy 77/MLK Blvd, providing high visibility for your business ventures. The back half, with Louisiana Ave frontage, is Zoned R-1, offering versatility for various uses.With a substantial depth of 254 ft, this lot spans a total of 0.250 acres, presenting an excellent opportunity for commercial development. Notably, this property is adjacent to another listed property at 1110 Louisiana Ave, measuring 0.231 acres. Consider the potential of owning both properties, unlocking a myriad of possibilities for your investment portfolio. Don't miss the chance to capitalize on this strategic location with endless opportunities!
Property Details
Property Features
Listing Office:
Office Name: ERA Neubauer Real Estate Inc
Lot Features
Lot Information:
Lot Size: 0.25 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 1121 Martin Luther King Jr Blvd. 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 0.5 mi. Turn left onto Louisiana Ave. Go for 0.1 mi. Turn right onto E 12th St. Go for 308 ft. Turn right onto N Cove Blvd (SR-77 S). Go for 269 ft. 1121 Martin Luther King Jr BlvdPanama City, FL 32401-3317
Price Information
Listing Price Info
Price Summary:
List Price: $70,000
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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 school1.82 miles
Public District Grades PK-5
Middle School
4
/10
Jinks Middle School
600 W 11th St
Distance between this listing and this school0.30 miles
Public District Grades 6-8
High School
3
/10
Bay High School
1200 Harrison Ave
Distance between this listing and this school0.20 miles
Public District Grades 9-12
Assigned Schools
1
/10
Merriam Cherry Street Elementary School
1125 Cherry St
Distance between this listing and this school1.82 miles
Public District Grades PK-5
Nearby Schools
8
/10
North Bay Haven Charter Academy Elementary School
1104 Balboa Ave
Distance between this listing and this school0.69 miles
Public Charter Grades KG-5
5
/10
Northside Elementary School
2001 Northside Dr
Distance between this listing and this school1.46 miles
Public District Grades PK-5
Assigned Schools
4
/10
Jinks Middle School
600 W 11th St
Distance between this listing and this school0.30 miles
Public District Grades 6-8
Nearby Schools
7
/10
North Bay Haven Charter Academy Middle School
1104 Balboa Ave
Distance between this listing and this school0.69 miles
Public Charter Grades 6-8
3
/10
Everitt Middle School
608 School Ave
Distance between this listing and this school2.93 miles
Public District Grades 6-8
Assigned Schools
3
/10
Bay High School
1200 Harrison Ave
Distance between this listing and this school0.20 miles
Public District Grades 9-12
Nearby Schools
9
/10
North Bay Haven Career Academy
1104 Balboa Ave
Distance between this listing and this school0.69 miles
Public Charter Grades 9-12
6
/10
Bay Virtual Franchise
1311 Balboa Ave
Distance between this listing and this school0.80 miles
The neighbors living near this home have an average income of $41,656. The majority of Panama City, FL residents have income between $35k-100k annually. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1121 Mlk Blvd
What is the listing price of this property?
The listing price of 1121 Mlk Blvd property is $70,000.
What type of property is this?
The property 1121 Mlk Blvd is land located in Panama City, Florida, 32401.
Is this property for sale now?
Active Listing: 1121 Mlk Blvd is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 1121 Mlk Blvd are: Merriam Cherry Street Elementary School: GreatSchools Rating 1/10Jinks Middle School: GreatSchools Rating 4/10Bay High School: GreatSchools Rating 3/10
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This home is located at 1121 Mlk Blvd in Panama City, FL and zip code 32401 in the Bry-Co Park neighborhood. This home sits on a 0.25 acre lot. It has been listed on Rocket Homes since February 17, 2024 and is currently priced at $70,000.
In March 2024 more than 13 listings in Panama City, FL were sold above the asking price. During the same period more than 63 listings were sold at asking price, while more than 120 were sold below. The number of listings in Panama City, FL increased by 3.2% between February 2024 and March 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.
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