$49,000
$16K PRICE DROP

1117 Mulberry Ave Panama City, FL 32401

Downtown North Neighborhood

Estimated payment $276/month

Total Views 6,582
0.13 Acre
$376,923 Price per Acre
5,750 Sq Ft Lot

About This Lot

This vacant 50x115 lot is a rare find, offering endless potential for investors and developers in a rapidly growing area. Zoned for light industrial use, the property is ideal for a variety of business or commercial ventures. With utilities already capped and ready for connection, you'll save time and resources as you bring your development plans to life. Located in an area surrounded by new duplexes and single-family homes, this lot is perfectly positioned to benefit from the steady growth and demand in the neighborhood. The proximity to downtown Panama City, historic Panama City, and the charm of St. Andrews--with its waterfront activities, restaurants, and shops--makes this property a prime choice for those looking to capitalize on the area's momentum. Whether you're envisioning a mixed-use project, a light industrial facility, or another venture, this lot offers the versatility and location to make your vision a reality. Don't miss this incredible opportunity to invest in a property that combines size, potential, and convenience.

Listing Agent

Johnathan Ramsey

ERA Neubauer Real Estate, Inc Listed on: 01/22/2025

ERA Neubauer Real Estate, Inc

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $118

Lot Details

  • 5,750 Sq Ft Lot
  • Lot Dimensions are 50x115
  • Cleared Lot
  • Zoning described as Industrial Light

Schools

  • Cherry Street Elementary School
  • Jinks Middle School
  • Bay High School

Community Details

  • No Home Owners Association
  • North Highlands Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$118

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • Lot Size Acres: 0.13
  • Lot Size: 50x115
  • Road Frontage Type: City Street
  • Subdivision Name: North Highlands
  • Property Sub Type Additional: Unimproved Land
  • Special Features: None

Exterior Features

  • Waterfront: No

Utilities

  • Utilities: Sewer Available, Water Available
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Jinks

Lot Info

  • Lot Features: Cleared
  • Lot Size Sq Ft: 5750.0
  • Zoning Description: Industrial Light

Tax Info

  • Tax Annual Amount: 118.0
  • Tax Year: 2023

MLS Schools

  • Elementary School: Cherry Street
  • High School: Bay

Map

Range of Values:

Collateral Analytics

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ICE

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $118 $18,200 $18,200 --
2023 $118 $11,102 $0 $0
2022 $207 $10,779 $0 $0
2021 $10,114 $10,465 $10,465 $0
2020 $207 $10,465 $10,465 $0
2019 $0 $15,728 $10,465 $5,263
2018 $0 $23,909 $0 $0
2017 $0 $24,325 $0 $0
2016 -- $24,077 $0 $0
2015 -- $23,910 $0 $0
2014 -- $24,180 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2025 06/28/25 Price Changed $49,000 -6.7% --
06/08/2025 06/08/25 Price Changed $52,500 -4.5% --
05/24/2025 05/24/25 Price Changed $55,000 -6.8% --
03/06/2025 03/06/25 Price Changed $59,000 -9.2% --
01/22/2025 01/22/25 For Sale $65,000 -- --
Source: Central Panhandle Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Source: Public Records

Source: Central Panhandle Association of REALTORS®

MLS Number: 767769

Central Panhandle Association of REALTORS®

APN: 18546-000-000

Florida Bay County Panama City 32401 Downtown North

1117 Mulberry Ave, Panama City, FL

This home is located at 1117 Mulberry Ave, Panama City, FL 32401 and is currently priced at $49,000. 1117 Mulberry Ave is a home located in Bay County with nearby schools including Merriam Cherry Street Elementary School, Jinks Middle School, and Bay High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Central Panhandle Association of REALTORS® IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

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Listing Agent
Johnathan Ramsey
Section Image
ERA Neubauer Real Estate, Inc
(850) 808-8291