601 W 11th St Panama City, FL 32401
Estimated payment $2,779/month
About This Home
This is PRIME Mixed-Use opportunity in the heart of Panama City, Florida! This versatile commercial property offers endless potential situated on 0.45 acres in a high-visibility, centrally-located corridor of Panama City. Zoned Mixed Use-3, this property allows for both commercial and residential uses...ideal for investors, business owners, trades, storage, flex space, or future redevelopment. Offering approximately 2,800 square feet, this property features one large warehouse divided into two units, each with separate entrances, individual electrical meters, and shared water/sewer. Both units include full-size garage doors, private bathrooms, and flexible layouts to accommodate a wide range of uses. Unit B also features a convenient kitchenette. This setup is ideal for an owner investor who wishes to operate out of one unit and rent the additional unit to a tenant for an income-producing property. The property is fenced, provides ample parking, and offers excellent accessibility and visibility with its central location to downtown Panama City, Highway 231 and 15th Street. This is an incredible opportunity to purchase flexible space in a fast-growing area of Panama City, Florida! Buyer to verify all information, if deemed important.
Property Details
Property Type
- Other
Est. Annual Taxes
- $1,807
Year Built
- Built in 1967
Lot Details
- 0.45 Acre Lot
- Zoning described as General Commercial, Resid Multi-Family, Other - See Remarks
Home Design
- Aluminum Siding
- Metal Siding
Schools
- Cherry Street Elementary School
- Jinks Middle School
- Bay High School
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 | $1,807 | $99,488 | -- | -- |
| 2023 | $1,807 | $90,444 | $98,985 | $16,892 |
| 2022 | $1,514 | $82,222 | $0 | $0 |
| 2021 | $1,114 | $59,391 | $59,391 | $0 |
| 2020 | $1,135 | $59,391 | $59,391 | $0 |
| 2019 | $1,038 | $64,238 | $59,391 | $4,847 |
| 2018 | $2,245 | $148,255 | $0 | $0 |
| 2017 | $2,230 | $148,786 | $0 | $0 |
| 2016 | $2,215 | $144,406 | $0 | $0 |
| 2015 | $2,285 | $144,937 | $0 | $0 |
| 2014 | $2,266 | $144,937 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/26/2025 11/26/25 | For Sale | $499,000 | -- | $182 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $65,000 | Diamond Title Agency Inc | |
| Warranty Deed | $50,000 | Attorney | |
| Interfamily Deed Transfer | -- | Attorney |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $50,000 | New Conventional |
Source: Central Panhandle Association of REALTORS®
MLS Number: 782111
APN: 18150-000-000
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