Home\Real Estate\Search Results\1116 Mercedes Avenue, Panama City, FL 32401

1116 Mercedes Avenue, Panama City, FL 32401

#777837

CommercialSale

Built in 2025

$570,000

Details

New construction townhomes, 2/2 933 sqft each. projected to rent for $1550-1650 per unit. Estimated 7-8 cap rate. Pro Forma PnL available upon request.
GENERAL
Real Estate Type CommercialSale
Full Bathrooms 0
Half Bathrooms 0
One Quarter Bathrooms 0
Three Quarter Bathrooms 0
Lot Size 0
Real Estate Sub Type MultiFamily
Square Feet 2,799
Stories 0
Year Built 2,025
Lot Size Units Acres
Lot Size Area 0
Agent Key 27,028,492
Agent MLS Id B10594
Office Key 5,952,719
Source System Name Central Panhandle Association of REALTORS®
Source System Id TRESTLE
Office Phone 850-270-4200
Elevation 0
Parcel Number 16529-000-000
Number Of Units Total 0
Tax Legal Description 4 4S 14W -69- 69A BEG 495' N OF SW COR OF SE1/4 OF NE1/4 TH E 120 N 99' W 120' S 99' TO POB ORB 738 P 769 ORB 2002 P 428 ORB 2002 P 426
Special Listing Conditions ListedAsIs
Internet Address Display True
Internet Automated Valuation Display True
Agent Name Jamie A Kitzmiller
Agent Email [email protected]
Agent Cell 850-394-7491
Broker Id TRE1
Office Name Think Real Estate
Listing Contract Date 8/19/2025
Status Active
Days On Market 18
LOCATION
Subdivision No Named Subdivision
Directions N on Martin Luther King BLVD to E 12th Street. 12th Street turns into Mercedes Ave.
County Bay
Waterfront False
BUILDING
Fireplace False
Parking Total 0
Private Pool False
Spa False
SCHOOLS
Elementary School Cedar Grove
Middle School Mowat
High School Bay

Questions