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$229,900 Just Listed

  • For Sale
  • Active
  • Commercial
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LOCATION, LOCATION, LOCATION! This centrally located corner property on a high-traffic road offers excellent visibility and versatility '" ideal as a private residence or to continue being used as a business, with proper permits already in place. The property features laminate flooring (installed in 2021), a new roof (2020), and a new central HVAC system (2024). A commercial-grade parking lot was recently added, providing ample parking in the rear for clients, employees, or guests.

Full Property Details for 1216 N Martin Luther King Jr Blvd

General

  • Price: $229,900
  • Status: Active
  • Type: Commercial
  • Source: Bay_County
  • MLS ID: 777762
  • Updated: 4/15/2026
  • Added to Site: 3 day(s) ago

Location

  • County: Bay
  • Subdivision: No Named Subdivision
  • Driving Directions: Heading South on Martin Luther King jr Blvd, follow to N Cove Blvd, make a U-turn after 12th St, the home will be on a Right corner lot

School Information

  • Elementary School: Cedar Grove
  • Middle School: Mowat
  • High School: Bay

Community

  • Community Name: 02 - Bay County - Central

Structural Information

  • Year Built: 1964

Lot Features

  • Lot Size (Acres): 0.11
  • Lot Size (Sq. Ft.): 4,791.6
  • Lot Size: .11

Disclosures and Reports

  • Legal Description: SHADY HAVEN LOT 10 LESS S 14.97' BLK F LESS HWY 77 R/W MAP 105B1 ORB 4810 P 2310
  • Property ID: 17419-000-000

Listed by Local Insight Realty

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— 1216 N Martin Luther King Jr Blvd —

  • Local Insight Realty

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 1216 N Martin Luther King Jr Blvd

School District:Bay County School District
NameGradesDistance
Cedar Grove Elementary School
2826 East 15th Street, Panama City, FL 32405
PK-51.7 mi
Mowat Middle School
1903 County Road 390, Lynn Haven, FL 32444
6-84.5 mi
Bay High School
1200 Harrison Avenue, Panama City, FL 32401
9-120.6 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1216 N Martin Luther King Jr Blvd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/10/2025
Price Reduced
$229,900
-4.17%
MLS
11/11/2025
Price Reduced
$239,900
-0.04%
MLS
9/18/2025
Price Reduced
$240,000
-4%
MLS
8/01/2025
Listed
$250,000
51.52%
MLS
6/11/2024
Sold
$165,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1216 N Martin Luther King Jr Blvd

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,264
93%
$143,350
158%
2024
$1,174
9%
$55,630
5%
2023
$1,074
23%
$53,123
25%
2021
$875
-8%
$42,642
-7%
2022
$948
8%
$45,736
124%
2021
$875
167%
$20,449
1%
2019
$328
-21%
$20,305
-26%
2018
$414
4%
$27,369
3%
2017
$400
-2%
$26,699
1%
2016
$407
-3%
$26,507
—
2015
$418
1%
$26,507
—
2014
$414
8%
$26,507
—
2013
$384
—
$26,507
—
View All
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 for 1216 N Martin Luther King Jr Blvd

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Local Insight Realty

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1216 N Martin Luther King Jr Boulevard, Panama City, FL 32401 (MLS# 777762) is a Commercial property. 1216 N Martin Luther King Jr Boulevard is currently listed for $229,900 and was received on April 15, 2026. Want to learn more about 1216 N Martin Luther King Jr Boulevard? Do you have questions about finding other Commercial 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.

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