425 Maine Ave Panama City, FL 32401
Millville NeighborhoodEstimated payment $764/month
About This Lot
Prime Commercial Opportunity Near Watson Bayou - Cleared Corner Lot in Central Millville Business District Strategically situated at a busy intersection with dual road frontage, the site benefits from excellent accessibility and exposure, boasting a high daily traffic count of 21,500 vehicles (FDOT, 2017). This makes it an ideal location for businesses seeking maximum visibility and customer convenience. Discover the potential of this high-visibility corner parcel located in the heart of the revitalizing Millville Community of Panama City, just steps from the scenic Watson Bayou. Positioned within the Central Millville Business District and zoned General Commercial (GC-2), this cleared property offers unmatched flexibility for a wide range of commercial ventures retail, office, service industry, mixed-use development, and more.
Whether you're an investor, developer, or business owner, this property presents a rare opportunity to establish a presence in an area poised for growth, with easy access to Downtown Panama City, major transportation routes, and waterfront attractions.
Key Features:
Zoned GC-2 - broad commercial use allowances
High-traffic corner parcel with superior visibility
Cleared and ready for development
Two road access points for optimal traffic flow. Close proximity to Watson Bayou and Downtown Panama City
Located within a designated business district, fostering economic development
This is more than just a parcel it's a platform for your next successful venture.
Property Details
Property Type
- Land
Est. Annual Taxes
- $1,716
Lot Details
- 0.5 Acre Lot
- Lot Dimensions are 209x104
- Cleared Lot
- Property is zoned Commercial
Schools
- Cherry Street Elementary School
- Jinks Middle School
- Bay High School
Community Details
- Welch Addn Subdivision
Listing and Financial Details
- Assessor Parcel Number 22502-000-000
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 | $1,716 | $96,918 | -- | -- |
| 2023 | $1,716 | $88,107 | $108,680 | $0 |
| 2022 | $1,444 | $80,097 | $0 | $0 |
| 2021 | $1,321 | $72,815 | $72,815 | $0 |
| 2020 | $1,337 | $72,815 | $72,815 | $0 |
| 2019 | $1,177 | $72,815 | $72,815 | $0 |
| 2018 | $0 | $72,815 | $0 | $0 |
| 2017 | $0 | $70,642 | $0 | $0 |
| 2016 | -- | $70,642 | $0 | $0 |
| 2015 | -- | $70,642 | $0 | $0 |
| 2014 | -- | $70,642 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/02/2025 07/02/25 | For Sale | $114,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available |
Source: Emerald Coast Association of REALTORS®
MLS Number: 980106
APN: 22502-000-000
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