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Lot/land
    • $230,000

    2367 Sherman Ave N, Panama City, FL 32405

    --beds
    --baths
    1.02Acres
    Unimproved Land
    Built in ----
    1.02 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Commercially zoned property
    Development Opportunity in Panama City FL. High and Dry commercial land that is development-ready with 285+/- ft of frontage on Sherman Ave. No flood zone or wetlands. Partially cleared. Construction and Engineering plan already in place with development order currently under review for a 5,400 SF warehouse/office with office and parking . Commercially zoned property is suitable for multiple commercial uses and may be used for other purposes than the plan described here. Zoned C3-A Commercial. Construction Plan available Upon Request. This includes: Site plan, Grading plan, Utility plan, Stormwater Management plan, Erosion Control, Landscape plan, Construction details and more. Engineering and construction plan is optional but may convey to buyer with offer. Development Plan is currently under review with Bay County. No construction has been started. All information here is believed to be reliable. Buyer should verify all important figures including measurements, property lines, and usage.
    512 days
    |
    17
    |
    0
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Justin Raley 850-209-7505,

    Think Real Estate

    Source: CPAR,MLS#: 770270MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

      Facts & features

      Property

      Lot
      • Size: 1.02 Acres
      Details
      • Parcel number: 12696000010
      • Zoning description: Commercial, General Commercial

      Community & HOA

      Community
      • Subdivision: [No Recorded Subdiv]
      HOA
      • Has HOA: No
      Location
      • Region: Panama City

      Financial & listing details

      • Tax assessed value: $42,528
      • Annual tax amount: $479
      • Date on market: 3/13/2025
      • Cumulative days on market: 513 days

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,141/mo

        Price history

        DateEventPrice
        10/13/2025Price change$230,000-4.2%
        Source: CPAR #770270 Report a problem
        3/13/2025Listed for sale$240,000+757.1%
        Source: CPAR #770270 Report a problem
        10/30/2015Sold$28,000
        Source: CPAR #636533 Report a problem
        4/11/2006Sold$28,000
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$479 +10.7%$35,950 +10%
        2023$433 +26.1%$32,682 +10%
        2022$343 $29,711
        2021-- --
        2020$331 +0.2%$27,526
        2019$330 $27,526
        2018$330 -1.4%$27,526 -6.2%
        2017$335 -7.8%$29,330
        2016$363 -32%$29,330 -27.8%
        2015$535 $40,600 0%
        2014$535 $40,601 -54.9%
        2011-- $89,925 -8.9%
        2010-- $98,760 -20.7%
        2008-- $124,536 +1.7%
        2007-- $122,497 -0.8%
        2006-- $123,543 +55.9%
        2005-- $79,226 +34.9%
        2004-- $58,750 +6%
        2003-- $55,408 -0.6%
        2002-- $55,732
        2001-- $55,732 +21.4%
        2000-- $45,894
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.
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        Climate risks

        Neighborhood: Cedar Grove

        Getting around

        13 / 100
        Car-Dependent
        0 / 100
        No Nearby Transit
        28 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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