FL > Panama City > No Named Subdivision
Panama City, FL 32401,612 McKenzie AVE
Panama City, FL 32401,612 McKenzie AVE
Panama City, FL 32401,612 McKenzie AVE
Panama City, FL 32401,612 McKenzie AVE
Panama City, FL 32401,612 McKenzie AVE
Panama City, FL 32401,612 McKenzie AVE
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Shantel Peterson

Shantel Peterson

+1(850) 543-9000
$ 499,000
Est. payment | /mo

0.7 Acres Lot

Save
$ 499,000
Est. payment | /mo
Save

0.7 Acres Lot

Key Details

Property Type Vacant Land

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision No Named Subdivision

MLS Listing ID 761477

Construction Status To Be Built

HOA Y/N No

Lot Size 0.700 Acres

Acres 0.7

Property Sub-Type Commercial

Property Description

612 McKenzie Ave is a large valuable commercial investment property located inside the downtown district of Panama City. Zoned commercial DTD, which aligns with the vision of redevelopment and vitality in the downtown area and allows for many different commercial or residential uses. If you are an investor looking to invest in the growth of the downtown district this property can be developed and used as single or multi-family structures, bars and restaurants, professional offices, open air retail space, cafes and lounges, and specialty food stores to name a few of the choices that encourage and promote economic growth in the City. This property is also located in an 'Opportunity Zone- which allows for favorable federal tax capital gains treatment.' Location is the key for this oversized lot as it is perfectly situated close to the hub of Panama City. This .70-acre piece of property is strategically situated near the corner of 6th Street and McKenzie Ave. The revitalization that is currently taking place around this land makes it most desirable. Current growth within the proximity of 612 McKenzie Blvd includes some very favorable developments. Invest in the future of Downtown Panama City by acquiring this property as a commodity to be converted into cash flows and future wealth for your business. Property photos depict land when it was cleared.

Location

State FL

County Bay

Community Sidewalks

Area 02 - Bay County - Central

Interior

Fireplace No

Exterior

Community Features Sidewalks

Utilities Available Electricity Available, Trash Collection, Water Available

Building

Water Public

Construction Status To Be Built

Schools

Elementary Schools Cherry Street

Middle Schools Jinks

High Schools Bay

Others

Tax ID 19819-000-000

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Listed As-Is

Listed by Coldwell Banker Realty
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+1(850) 543-9000

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Niceville, Florida, 32578, USA

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612 McKenzie AVE