$55,000
Accepting Backup Offers

622 Harmon Avenue

Panama City, FL 32401
Browse 3 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

'CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS' 622 Harmon Ave is all about location! This piece of vacant land is cleared and is zoned 'commercial DTD'-which has many commercial allowable uses; OR it is zoned 'residential'- which can thus occupy a small single family residence. This location near downtown Panama City aligns with the vision of redevelopment and vitality in the downtown area and allows for many different commercial or residential uses. Please see attached flyer in the documents section for more details. Located 'within' the downtown district, this property is perfect for any small business to flourish, or can be used as a parking lot for extra space. Additionally, this property is located in an 'Opportunity Zone- which allows for favorable federal tax capital gains treatment.' This is the perfect time to invest in the revitalization of downtown Panama City so go take a look at this location! Make your next investment in the growth of downtown Panama City.

  • Property Details
      • SubdivisionNo Named Subdivision
      • Utility FeaturesSewer Available
      • Elementary SchoolCherry Street
      • Short SaleListed As Is
      • Property SubtypeResidential
      • Property ConditionTo Be Built
      • Property TypePurchase
      • Original List Price$55,000
      • MLS #776035
      • MLS #776035
      • Middle SchoolJinks
      • Cost55000
      • Acres0.08
      • Taxes Annual$193
      • High SchoolBay
      • CountyBay
      • Days on Market (Cumulative)10

Location

Michael Hyde | Omni FuelsReal Estate Group
OR