Back on the market at no fault of the Seller!
Prime commercial opportunity in the heart of a Panama City Opportunity Zone! This strategically located lot offers easy access to Ascension Sacred Heart Bay, Downtown Panama City, and its attractions. Zoned GC-2, the property features impressive Hwy 77/MLK Blvd frontage spanning 150 ft, with a depth of 100 ft. Explore the potential for your business in this high-visibility location.
Sold for $97,000
$97,000
1217 Martin Luther King Blvd, Panama City, FL 32401
--beds
--baths
0.34Acres
Unimproved Land
Built in ----
0.34 Acres Lot
$-- Zestimate®
$--/sqft
$1,384 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,384/mo
Zestimate® history
Owner options
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$1,384/mo
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$1,384/mo
Rent Zestimate®
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$513/mo
Est. payment
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Est. payment
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List your homeWhat's special
Downtown panama city
Zillow last checked:
Listing updated:
Listed by:
Heather H Neubauer 850-774-2832,
ERA Neubauer Real Estate Inc
Bought with:
Heather H Neubauer, 3257545
ERA Neubauer Real Estate Inc
Source: CPAR,MLS#: 752905
Originating MLS: Central Panhandle Association of REALTORS
Originating MLS: Central Panhandle Association of REALTORSFacts & features
Property
Lot
- Size: 0.34 Acres
Details
- Parcel number: 16879000000
- Zoning description: Commercial, General Commercial
- Special conditions: Listed As-Is
Utilities & green energy
- Utilities for property: Sewer Available
Community & HOA
Community
- Subdivision: Carver Heights
HOA
- Has HOA: No
Location
- Region: Panama City
Financial & listing details
- Tax assessed value: $75,000
- Annual tax amount: $959
- Date on market: 6/12/2024
- Cumulative days on market: 517 days
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 8/20/2025 | Sold | $97,000-15.7% |
Source:  CPAR #752905 Report a problem | ||
| 7/18/2025 | Pending sale | $115,000 |
Source: CPAR #752905 Report a problem | ||
| 6/12/2024 | Listed for sale | $115,000 |
Source: CPAR #752905 Report a problem | ||
| 5/13/2024 | Contingent | $115,000 |
Source: CPAR #752905 Report a problem | ||
| 2/16/2024 | Listed for sale | $115,000 |
Source: CPAR #752905 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $959 -12.6% | $51,257 +10% |
| 2023 | $1,097 +16.9% | $46,597 +10% |
| 2022 | $938 | $42,361 |
| 2021 | -- | -- |
| 2020 | $895 +31.2% | $35,009 +10% |
| 2019 | $682 | $31,826 +10% |
| 2018 | $682 +8.5% | $28,933 +10% |
| 2017 | $628 +3.4% | $26,303 +10% |
| 2016 | $608 +0.1% | $23,912 +10% |
| 2015 | $607 | $21,738 +10% |
| 2014 | $607 | $19,762 |
Find assessor info on the county website
Neighborhood: 32401
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Nearby schools
GreatSchools rating
- 4/10Northside Elementary SchoolGrades: PK-5Distance: 1.9 mi
- 2/10Jinks Middle SchoolGrades: 6-8Distance: 1.1 mi
- 4/10Bay High SchoolGrades: 9-12Distance: 0.5 mi
- Florida
- Bay County
- Panama City
- 32401
- 1217 Martin Luther King Blvd
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