$115,000

1128 Mercedes Ave Panama City, FL 32401

4.0 acres
Land

Property details

About 1128 Mercedes Ave

A developer's dream! According to an environmental study performed, this 4 acre property offers approximately 1.7 acres of wetlands with a little over 2 acres of uplands. Per Panama City's Planning and Zoning Dept., this property is zoned for Mixed Use-2 (MU-2). This property could be used for single family homes, multi-family homes, a community center, retail shops, and more. Convenient to downtown Panama City, Highway 231, Highway 77, and Panama City shopping centers.

Highlights

Home typeResidential
StatusActive
Lot size4 Acres
MLS #739499
WaterfrontWaterfront
ViewBayou

Summary

  • MLS Number: 739499
  • MLS Name: BCAR
  • Office Name: Coldwell Banker Realty

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Properties subject to prior sale, change, withdrawal or rental. Copyright© 2025 Central Panhandle Association of REALTORS.© All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 2:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

caption unavailable

$115,000

1128 Mercedes Ave

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$118,000$198
2022$118,000$207
2021$118,000$207
2020$118,000$198
2018$118,000$-
2017$152,367$-

History based on county public records data.

Nearby schools

1

Cedar Grove Elementary School

Public District PK-5

1.4 mi

2826 E 15th St

4

Merriam Cherry Street Elementary School

Public District PK-5

1.7 mi

1125 Cherry St

4

Palm Bay Elementary School

Public Charter KG-5

1.8 mi

1104 Balboa Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $17,500. The most common annual income of people living in Panama City, FL is less than $<35k. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

89%
<35k
11%
35k-100k
0%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

49%
Single, No Kids
34%
Single, with Kids
10%
Married, No Kids
7%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

26%
<11 yrs old
9%
12-17 yrs old
21%
18-34 yrs old
29%
35-64 yrs old
15%
65+ yrs old

What do the neighbors do for fun?

  • UFCUFC
  • NHRA Drag RacingNHRA Drag Racing
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • Big LotsBig Lots
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • Burger KingBurger King
  • Golden CorralGolden Corral
  • Church's ChickenChurch's Chicken

What do the neighbors drive?

  • BuickBuick
  • KiaKia
  • CadillacCadillac

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Adult StandardsAdult Standards
  • JazzJazz
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

About 1128 Mercedes Ave

This home is located at 1128 Mercedes Ave in Panama City, FL and zip code 32401. Features: 0 bathroom. It has been listed on Rocket Homes since April 10, 2023 and is currently priced at $115,000.

In February 2025, from all listings sold in Panama City, FL there were more than 5 sold above asking price, over 98 sold below and more than 36 were sold right at the asked price. The number of homes for sale in Panama City, FL increased by 6.1% between January and February 2025. The median list price of listings available in February 2025 was $337,016, while the average time on the real estate market was 87 days.

From Rocket Homes Real Estate and based on county public records data.

More resources