#763661, Listing office: EXP Realty LLC
Property details
About 224 E 8th Ave
Welcome to Revitalized and Beautiful Panama City! The downtown area has had numerous improvements and is becoming a booming tourist destination with numerous favorite and new restaurants, boutique shopping, special events, offices, and much more on the way. Get in before the prices skyrocket!This Mixed-Use property is comprised of 5 lots, on a corner street with an alley for easy access. Whether building homes, townhomes, or your commercial business, you're only a block from the Downtown Social District and all that Panama City has to offer. With a low number of vacation rentals near downtown, this property is a great candidate for future income generation. With current Mixed-Use 2 classification you can build up to 6 units.The property currently includes a 1936 3 Bed 2 Bath Home with a 2020 Roof that needs updates, a 20' x 28' concrete block garage facing the alley, and a 22' x 38' concrete block building facing McKenzie Ave. Both outbuildings require repairs. It is being offered at land value. Flood Zone X = No Flood Insurance Required. Recent Survey, Zoning, and more information available. All sizes, dimensions, and uses are approximate. Buyer to verify.
Highlights
Home typeBusiness
StatusActive
Lot size0.62 Acres
MLS #774204
Summary
- List Price: $250,000
- Lot: Corner Lot
- Directions: From Harrison Ave, East/Left on E 8th St. Property on right side on SW Corner of E 8th and McKenzie.
- Lot Size: 0.62 Acres
- MLS Number: 774204
- MLS Name: BCAR
- Office Name: Keller Williams Success Realty
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: 7/30/2025, 11:45:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
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Tax history
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Nearby schools
4
Palm Bay Elementary School
Public Charter KG-5
1.1 mi
•1104 Balboa Ave
4
Merriam Cherry Street Elementary School
Public District PK-5
1.3 mi
•1125 Cherry St
3
Northside Elementary School
Public District PK-5
2.0 mi
•2001 Northside Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $14,595. The most common annual income of people living in Panama City, FL is less than $<35k. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
84%
<35k
11%
35k-100k
5%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
81%
Single, No Kids
5%
Single, with Kids
11%
Married, No Kids
3%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
7%
<11 yrs old
3%
12-17 yrs old
17%
18-34 yrs old
34%
35-64 yrs old
39%
65+ yrs old
What do the neighbors do for fun?
Figure Skating
PGA/LPGA
UFC
Where do the neighbors shop?
Family Dollar
Chico's
Burlington
Where do the neighbors go to eat?
Church's Chicken
Cracker Barrel
Burger King
What do the neighbors drive?
Cadillac
Buick
Oldsmobile
What do the neighbors listen to?
Jazz
Soft Adult Contemporary
Urban Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 224 E 8th Ave
The listing price of 224 E 8th Ave property is $250,000.
The property 224 E 8th Ave is land located in Panama City, Florida, 32401.
Active Listing: 224 E 8th Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 224 E 8th Ave are: Palm Bay Elementary School (GreatSchools Rating 4/10), Merriam Cherry Street Elementary School (GreatSchools Rating 4/10), Northside Elementary School (GreatSchools Rating 3/10), Jinks Middle School (GreatSchools Rating 2/10), University Academy Sabl Inc (GreatSchools Rating 10/10), Bay Haven Charter Middle School (GreatSchools Rating 6/10), Bay High School (GreatSchools Rating 5/10), Rosenwald High School (GreatSchools Rating 1/10), Palm Bay Preparatory Academy 6-12 (GreatSchools Rating 7/10).
The property 224 E 8th Ave is 0.62 acres.
This home is located at 224 E 8th Ave in Panama City, FL and zip code 32401 in the Gulfview neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since June 3, 2025 and is currently priced at $250,000.
In June 2025, from all listings sold in Panama City, FL there were more than 26 sold above asking price, over 144 sold below and more than 47 were sold right at the asked price. The number of listings in Panama City, FL decreased by 2.4% between May and June 2025. While the average time on the market in June 2025 was 78 days, the median list price was $330,871.
From Rocket Homes Real Estate and based on county public records data.