$250,000

1216 Martin Luther King Junior Blvd Panama City, FL 32401

Downtown North Neighborhood

Estimated payment $1,613/month

-- Bed
-- Bath
912 Sq Ft
$274 Price per Sq Ft

About This Home

LOCATION, LOCATION, LOCATION! This centrally located corner property on a high-traffic road offers excellent visibility and versatility a" ideal as a private residence or to continue being used as a business, with proper permits already in place. The property features laminate flooring (installed in 2021), a new roof (2020), and a new central HVAC system (2024). A commercial-grade parking lot was recently added, providing ample parking in the rear for clients, employees, or guests.

Listing Agent

Ramil Zartdinov

Local Insight Realty License #3315537 Listed on: 08/01/2025

Property Details

Property Type

  • Other

Year Built

  • Built in 1964

Schools

  • Cedar Grove Elementary School
  • Mowat Middle School
  • Bay High School

Additional Features

  • 1-Story Property
  • 4,792 Sq Ft Lot

Community Details

  • No Home Owners Association

Property Details

Property Type

Other

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Year Built: 1964
  • Property Sub Type: Other
  • Lot Size Acres: 0.11
  • Subdivision Name: No Named Subdivision
  • Unit Levels: One
  • Building Stories: 1
  • Property Sub Type Additional: Other
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Commercial

Exterior Features

  • Waterfront: No

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Mowat

MLS Schools

  • Elementary School: Cedar Grove
  • High School: Bay

Map

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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

Property History

Date Event Price Change Sq Ft Price
08/01/2025 08/01/25 For Sale $250,000 +51.5% $274 / Sq Ft
06/11/2024 06/11/24 Sold $165,000 -5.7% $181 / Sq Ft
04/30/2024 04/30/24 Pending -- -- --
04/10/2024 04/10/24 For Sale $175,000 +257.1% $192 / Sq Ft
01/22/2023 01/22/23 Off Market $49,000 -- --
09/14/2020 09/14/20 Sold $49,000 -16.9% $54 / Sq Ft
08/28/2020 08/28/20 Pending -- -- --
08/10/2020 08/10/20 For Sale $59,000 -- $65 / Sq Ft
Source: Central Panhandle Association of REALTORS®

Source: Central Panhandle Association of REALTORS®

MLS Number: 777762

Central Panhandle Association of REALTORS®