Date
Details
Price
Change
Source
8/18/2025
Listed
$190,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$190,000
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Property Description
Step inside this brand-new townhome at 1116 Mercedes Ave in Panama City and enjoy modern living just minutes from the coast. Offering nearly 1,000 square feet of thoughtfully designed space, this home features a bright living and dining area, a contemporary kitchen, two bedrooms, two full bathrooms, and a convenient laundry area. A private driveway provides dedicated parking, and the fresh finishes throughout make this home move-in ready. Located close to Panama City's best attractions, you'll have easy access to sugar-white beaches, world-class fishing, and waterfront marinas. The area also offers a wide variety of restaurants, shopping, golf courses, and entertainment, making it an ideal spot for both full-time living or a low-maintenance coastal getaway. Save $1,495 in mortgage fees on this home by using Preferred Lender.
Full Property Details
Full Property Details for 1116 Mercedes Ave #B
General
- Price: $190,000
- Taxes: $178 (2024)
- Status: Active
- Type: Townhouse
- Source: Bay_County
- MLS ID: 777785
- Updated: 12/2/2025
- Added to Site: 154 day(s) ago
Interior
- Number of Rooms: 5
- Appliances: Electric Range
- Flooring: Luxury Vinyl Plank
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Additional Information
- Security/Safety: Smoke Detector(s)
Location
- County: Bay
- Subdivision: No Named Subdivision
- Driving Directions: N on Martin Luther King Blvd to E 12th St. 12th St turns into Mercedes Ave.
School Information
- Elementary School: Cedar Grove
- Middle School: Mowat
- High School: Bay
Community
- Community Name: 02 - Bay County - Central
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Central, Electric
Utilities
- Utility Description: Electricity Available, Sewer Available
Structural Information
- Structure Type: Townhouse
- Construction: HardiPlank Type
- Sq. Ft. Source: Plans
- Year Built: 2025
Lot Features
- Lot Dimensions: 99 x 120
- Lot Features: Paved
- Zoning: Resid Multi-Family
Financial Considerations
- Tax Amount: $178
- Tax Year: 2024
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: 4 4S 14W -52- 69A BEG 234' N OF SW COR OF SE1/4 OF NE1/4 TH E 120' N 40' W 120' TH S 40' TO BEG
- Property ID: 16513-000-000
Listed by Think Real Estate
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Listing agent
— 1116 Mercedes Ave #B —
Think Real Estate
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Schools
Schools serving 1116 Mercedes Ave #B
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Cedar Grove Elementary School 2826 East 15th Street, Panama City, FL 32405 | PK-5 | 1.5 mi |
Mowat Middle School 1903 County Road 390, Lynn Haven, FL 32444 | 6-8 | 4.6 mi |
Bay High School 1200 Harrison Avenue, Panama City, FL 32401 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1116 Mercedes Ave #B
Tax History
Tax History for 1116 Mercedes Ave #B
Year
Property Taxes
Change
Tax Assessment
Change
2024
$405
-87%
$27,621
11%
2023
$3,025
546%
$24,858
42%
2021
$468
-3%
$17,493
-5%
2022
$484
3%
$18,506
13%
2021
$468
80%
$16,388
2%
2019
$260
8%
$16,112
1%
2018
$241
10%
$15,928
9%
2017
$219
—
$14,639
3%
2016
$219
-3%
$14,270
—
2015
$225
1%
$14,270
—
2014
$223
8%
$14,270
—
2013
$207
—
$14,270
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1116 Mercedes Ave #B
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- Single Family
- Active
- Updated 5 days ago
- 4Beds
- 3Total Baths
- 2,039Sq. Ft.
Listed by Beverly Buck Team (850) 650-4563
- Single Family
- Active
- Updated 6 days ago
- 4Beds
- 2Total Baths
- 1,799Sq. Ft.
- Single Family
- Active
- Updated 11 hours ago
- 4Beds
- 4Total Baths
- 2,872Sq. Ft.
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- Single Family
- Active
- Updated 5 days ago
- 4Beds
- 3Total Baths
- 2,734Sq. Ft.
- Single Family
- Active
- Updated 3 days ago
- 3Beds
- 2Total Baths
- 1,768Sq. Ft.
- Lots/Land
- Active
- Updated 4 days ago
- 1.21Acres
Listed by New Alliance Group Realty
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- Single Family
- Closed
- 3Beds
- 2Total Baths
Listed by Alice de La Penha
1116 Mercedes Avenue #B, Panama City, FL 32401 (MLS# 777785) is a Townhouse property with 2 bedrooms and 2 full bathrooms. 1116 Mercedes Avenue #B is currently listed for $190,000 and was received on August 18, 2025. Want to learn more about 1116 Mercedes Avenue #B? Do you have questions about finding other Townhouse real estate for sale in Panama City? You can browse all Panama City real estate or contact a Coldwell Banker agent to request more information.