6 months on rocket

118 N Berthe Ave, Panama City, FL, 32404

$135,000

0.74 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeUnimproved Land
MLS #748671
Lot Size0.74 Acres
StatusActive

About 118 N Berthe Ave

Discover the potential of this exceptional commercial property strategically situated at the dynamic intersection of N Berthe Avenue and Cherry Street in Panama City. Boasting a Commercial 1 zoning designation, this 0.74-acre lot offers endless possibilities for a range of commercial enterprises. With 180 feet of frontage on both N Berthe Avenue and Cherry Street, visibility and accessibility are guaranteed.Key Features:Unbeatable Location: Located at a bustling intersection, this property offers maximum visibility and exposure, benefitting from an annual average daily traffic of 4,400 vehicles on N Berthe Avenue and 5,500 vehicles on Cherry Street.Zoning Flexibility: The Commercial 1 zoning permits a wide variety of uses, including retail spaces of less than 30,000 square feet, convenience stores, gas stations, laundromats, day care centers, and more.Ample Space: With 0.74 acres at your disposal, you have the freedom to design and construct your commercial vision, whether it's a new development or adaptive reuse.Flood-Free Zone: Rest easy knowing that this property is not located in a flood zone, mitigating concerns related to weather-related issues.Don't miss this golden opportunity to secure a strategically positioned commercial property in Panama City.

Property Details

Property Features

Listing Office:

  • Office Name: Keller Williams Success Realty

Lot Features

Lot Information:

  • Lot: Cleared, Level
  • Lot Size: 0.74 Acres

School Info

Assigned Schools Information:

  • Rutherford High School, Public District Grades 9-12
  • Everitt Middle School, Public District Grades 6-8
  • Callaway Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From Tyndall Parkway head East on Cherry Street. North corner of Berthe Avenue and Cherry Street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $135,000

Tax Information:

  • Annual Amount: $757
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Panama City, FL.

Med. Sold Price

$347.6K

Med. Price/SqFt

$204

Avg. Days On Market

61

# of Sold Homes

211

118 N Berthe Ave vs Panama City

183 DAYS ON ROCKET

+122 Days

$135,000

-$212.6K Less

KEY TAKEAWAY

This property is $212.6K less than the Median Sold Price in Panama City, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BCAR
  • MLS Number: #748671

Listing Office:

  • Office Name: Keller Williams Success Realty

IDX 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/3/2024, 6:20:36 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 28, 2020Home Sold
$65,000
May 16, 2005Home Sold
$120,000
Feb 02, 2005Home Sold
$79,900
May 03, 2004Home Sold
$45,000

Tax History

YEARPROP. TAXASSESSMENT
2020$757$64,800
2018$526$41,212
2017$529$39,877

History based on county public records data.

Payment Calculator

$741

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$471

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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

school-card-donut-5520628
3
/10
  • Callaway Elementary School

  • 7115 E Highway 22

  • 0.63 miles

  • Public District Grades PK-5

Middle School

school-card-donut-5520629
3
/10
  • Everitt Middle School

  • 608 School Ave

  • 2.64 miles

  • Public District Grades 6-8

High School

school-card-donut-5520630
2
/10
  • Rutherford High School

  • 1000 School Ave

  • 2.82 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $48,400. 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 118 N Berthe Ave

What is the listing price of this property?

The listing price of 118 N Berthe Ave property is $135,000.

What type of property is this?

The property 118 N Berthe Ave is land located in Panama City, Florida, 32404.

Is this property for sale now?

Active Listing: 118 N Berthe 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 118 N Berthe Ave are:
Callaway Elementary School: GreatSchools Rating 3/10
Everitt Middle School: GreatSchools Rating 3/10
Rutherford High School: GreatSchools Rating 2/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $757 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on April 28, 2020 for $65,000. (source: MLS/tax record).

How much acreage is this property?

The property 118 N Berthe Ave is 0.74 acres.
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Rocket Homes›Florida›Bay County›Panama City›32404›118 N Berthe Ave

This home is located at 118 N Berthe Ave in Panama City, FL and zip code 32404. This home sits on a 0.74 acre lot. It has been listed on Rocket Homes since November 02, 2023 and is currently priced at $135,000.

In April 2024, from all listings sold in Panama City, FL there were more than 30 sold above asking price, over 130 sold below and more than 51 were sold right at the asked price. The number of homes for sale in Panama City, FL increased by 4.7% between March 2024 and April 2024. While the average time on the market in April 2024 was 61 days, the median list price was $347,653.

From Rocket Homes Real Estate and based on county public records data.

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