2367 Sherman Ave Panama City, FL 32405
Estimated payment $1,440/month
About This Lot
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.
Property Details
Property Type
- Land
Lot Details
- 1.02 Acre Lot
- Zoning described as Commercial, General Commercial
Community Details
- No Home Owners Association
Map
Home Values in the Area
Average Home Value in this Area
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 | -- | $35,571 | $35,571 | -- |
| 2023 | -- | $22,174 | $25,050 | $0 |
| 2022 | $0 | $20,158 | $20,158 | $0 |
| 2021 | $0 | $22,709 | $22,709 | $0 |
| 2020 | $0 | $22,709 | $22,709 | $0 |
| 2019 | $0 | $22,709 | $22,709 | $0 |
| 2018 | $0 | $22,709 | $0 | $0 |
| 2017 | $294 | $23,700 | $0 | $0 |
| 2016 | $302 | $23,700 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/13/2025 10/13/25 | Price Changed | $230,000 | -4.2% | -- | |
| 03/11/2025 03/11/25 | For Sale | $240,000 | +485.4% | -- | |
| 04/19/2023 04/19/23 | Sold | $41,000 | -8.9% | $46 / Sq Ft | View Prior Sale |
| 04/06/2023 04/06/23 | Pending | -- | -- | -- | |
| 03/13/2023 03/13/23 | For Sale | $44,999 | -- | $50 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $62,000 | South Oak Title | |
| Special Warranty Deed | $41,000 | Attorneys Title & Trust Servic | |
| Warranty Deed | $30,000 | Attorneys Title | |
| Warranty Deed | $30,000 | Attorneys Title |
Source: Central Panhandle Association of REALTORS®
MLS Number: 770270
APN: 12696-000-010
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.
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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