Located along N Sherman Avenue in one of Panama City's established commercial corridors, this 2.09± acre commercial development site offers exceptional potential for investors, developers, and owner-users. Zoned C-3A Commercial, the property accommodates a variety of commercial uses, including retail, office, service, and other development opportunities (subject to local regulations). With convenient access to US Highway 231, excellent visibility, and a location within a growing market, this property presents an outstanding opportunity for immediate development or long-term investment.
Pending
$325,000
2158 Sherman Ave N, Panama City, FL 32405
--beds
--baths
2.09Acres
:
Get pre-qualified$2,086/mo
Unimproved Land
Built in ----
2.09 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 15 days |
- 19 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Kevin Wattenbarger 850-913-9133,
Five Bridges Real Estate Services Co. LLC,
Anna N Branch 850-960-3418,
Five Bridges Real Estate Services Co. LLC
Source: CPAR,MLS#: 793226
Originating MLS: Central Panhandle Association of REALTORS
Originating MLS: Central Panhandle Association of REALTORSFacts & features
Property
Lot
- Size: 2.09 Acres
Details
- Parcel number: 14662000000
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Sewer Available
Community & HOA
Community
- Subdivision: No Named Subdivision
HOA
- Has HOA: No
Location
- Region: Panama City
Financial & listing details
- Tax assessed value: $104,551
- Annual tax amount: $1,291
- Date on market: 7/28/2026
- Cumulative days on market: 4 days
Estimated market value
Not available
Estimated sales range
Not available
$1,129/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/31/2026 | Pending sale | $325,000 |
Source:  CPAR #793226 Report a problem | ||
| 7/28/2026 | Listed for sale | $325,000+150% |
Source: CPAR #793226 Report a problem | ||
| 6/6/2014 | Sold | $130,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,291 -2% | $104,551 -0.7% |
| 2023 | $1,318 +8.5% | $105,251 |
| 2022 | $1,215 | $105,251 |
| 2021 | -- | -- |
| 2020 | $1,265 +0.2% | $105,251 |
| 2019 | $1,263 | $105,251 |
| 2018 | $1,263 -1.4% | $105,251 |
| 2017 | $1,281 -1.8% | $105,251 |
| 2016 | $1,304 -5.9% | $105,251 |
| 2015 | $1,387 | $105,251 +125.2% |
| 2014 | $1,387 | $46,733 -10.6% |
| 2011 | -- | $52,245 +8.7% |
| 2010 | -- | $48,049 -0.5% |
| 2009 | -- | $48,272 -9.4% |
| 2008 | -- | $53,295 -0.4% |
| 2007 | -- | $53,518 -21.2% |
| 2006 | -- | $67,877 +34.5% |
| 2005 | -- | $50,478 +1.8% |
| 2004 | -- | $49,606 +4.8% |
| 2003 | -- | $47,326 +3% |
| 2002 | -- | $45,958 |
| 2001 | -- | $45,958 +6.3% |
| 2000 | -- | $43,246 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Cedar Grove
Nearby schools
GreatSchools rating
- 4/10Cedar Grove Elementary SchoolGrades: PK-5Distance: 1 mi
- 5/10Mowat Middle SchoolGrades: 6-8Distance: 3.3 mi
- 4/10Bay High SchoolGrades: 9-12Distance: 2.2 mi
- $96,0003 bd2 ba1.1k sqft2525 E 21st Plz, Panama City, FL 32405Off Market
- $80,5011.61 acres2160 Sherman Ave, Panama City, FL 32405Off Market
- $150,3004 bd2 ba1k sqft2533 E 21st Plz, Panama City, FL 32405Off Market
- $20,8087,971 sqft2521 E 21st Plz, Panama City, FL 32405Off Market
- $94,6003 bd2 ba1.2k sqft2515 E 21st Plz, Panama City, FL 32405Off Market
- $52,3483 bd2 ba1.2k sqft2537 E 21st Plz, Panama City, FL 32405Off Market
- $20,9450.29 acres2156 Sherman Ave, Panama City, FL 32405Off Market
- $157,7073 bd1 ba1k sqft2518 E 21st Plz, Panama City, FL 32405Off Market
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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