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Downtown North Townhomes for Sale

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    $190,000 New Construction

    • 2 Beds
    • 2 Baths
    • 933 Sq Ft

    1116 Mercedes Ave Unit C, Panama City, FL 32401

    Step inside this brand-new townhome at 1116 Mercedes Ave in Panama City and enjoy modern living just minutes from the coast. Offering nearly 1,000 square feet of thoughtfully designed space, this home features a bright living and dining area, a contemporary kitchen, two bedrooms, two full bathrooms, and a convenient laundry area. A private driveway provides dedicated parking, and the fresh

    JAMIE KITZMILLER Think Real Estate

    1116 Mercedes Ave Unit C, Panama City, FL 32401
  • /3

    $190,000 New Construction

    • 2 Beds
    • 2 Baths
    • 933 Sq Ft

    1116 Mercedes Ave Unit B, Panama City, FL 32401

    Step inside this brand-new townhome at 1116 Mercedes Ave in Panama City and enjoy modern living just minutes from the coast. Offering nearly 1,000 square feet of thoughtfully designed space, this home features a bright living and dining area, a contemporary kitchen, two bedrooms, two full bathrooms, and a convenient laundry area. A private driveway provides dedicated parking, and the fresh

    JAMIE KITZMILLER Think Real Estate

    1116 Mercedes Ave Unit B, Panama City, FL 32401
  • /3

    $190,000 New Construction

    • 2 Beds
    • 2 Baths
    • 933 Sq Ft

    1116 Mercedes Ave Unit A, Panama City, FL 32401

    Step inside this brand-new townhome at 1116 Mercedes Ave in Panama City and enjoy modern living just minutes from the coast. Offering nearly 1,000 square feet of thoughtfully designed space, this home features a bright living and dining area, a contemporary kitchen, two bedrooms, two full bathrooms, and a convenient laundry area. A private driveway provides dedicated parking, and the fresh

    JAMIE KITZMILLER Think Real Estate

    1116 Mercedes Ave Unit A, Panama City, FL 32401

Why Live in Downtown North

Downtown North in Panama City is a neighborhood experiencing significant growth, largely due to the nearby Tyndall Air Force Base's extensive rebuild following Hurricane Michael in 2018. This area features a mix of early 20th-century homes and new constructions, with Craftsman-style architecture being prevalent. Homes typically range from 900 to 2,000 square feet and sit on lots between one-tenth and one-fifth of an acre. The Bay District school system serves the area, with Bay High offering various programs and receiving high ratings. Residents have convenient access to U.S. Route 98, connecting them to Panama City Beach and Tyndall Air Force Base, both about 10 miles away. Public transportation is available via the Bayway bus system. Local features include Al Helms Dog Park and Asbell Park, which offers a sandy beach and relaxing beach chairs. Harrison Avenue and Martin Luther King Jr. Boulevard are the main commercial streets, home to eateries like Downtown Slice House and Josiah's Southern Cooking. For more extensive shopping, 23rd Street provides big-box retailers and chain restaurants. The neighborhood remains a focal point for community events, with McKenzie Park in nearby Downtown Panama City hosting a weekly farmers market and annual Fourth of July celebrations.

Home Trends in Downtown North, FL

Housing Trends

Median Sale Price
$207,000
Median Single Family Sale Price
$235,000
Median Townhouse Sale Price
$190,000
Average Price Per Sq Ft
$191
Number of Homes for Sale
28
Last 12 months Home Sales
43
Months of Supply
7.80
Median List Price
$249,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
28%
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