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$400,000 Just Listed
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Property Description
We are pleased to present an exceptional opportunity for your next business endeavor. This 0.809-acre industrial-zoned property is strategically located in Bay County, within the central Panama City area. Its prime position near busy Sherman Ave ensures optimal visibility and accessibility. The site features a block building, offering a versatile foundation for conversion into a office environment or for various other design applications. The exterior grounds provide ample space for future construction and development. An open pole barn is directly behind the main building suitable for storage or as a dedicated workspace. We encourage you to capitalize on this outstanding business opportunity
Full Property Details
Full Property Details for 1907 Sherman Ave
General
- Price: $400,000
- Status: Active
- Type: Commercial
- Source: Bay_County
- MLS ID: 787025
- Updated: 3/19/2026
- Added to Site: 3 day(s) ago
Interior
- Flooring: Concrete
Location
- County: Bay
- Township: Bay
- Subdivision: [No Recorded Subdiv]
- Driving Directions: Heading west on Hwy 98 from the Dollar General turn right onto Sherman Ave property will be on you left in 1/2 mile
School Information
- Elementary School: Cedar Grove
- Middle School: Rosenwald
- High School: Rutherford
Community
- Community Name: 02 - Bay County - Central
Utilities
- Utility Description: Sewer Available
Structural Information
- Construction: Block
- Roof: Shingle
- Year Built: 1964
Additional Structures
- Other Structures: Workshop
Lot Features
- Lot Size (Acres): 0.81
- Lot Size (Sq. Ft.): 35,283.6
- Lot Size: .81
- Frontage: City Street
- Zoning: Industrial
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: 34 3S 14W -91- 104D4 ST A B DEV CO PLAT ALL THAT PART OF LOT 84 & ALL THAT PART OF S 132' LOT 77 LYING N & W OF SHERMAN AV LESS PCL OUT 0F LOT 77 ORB 4299 P 1844
- Property ID: 14710-000-000
Listed by Marcus Tyson & Associates
Get Pre-Approved Today
Schools
Schools serving 1907 Sherman Ave
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Cedar Grove Elementary School 2826 East 15th Street, Panama City, FL 32405 | PK-5 | 0.8 mi |
Mowat Middle School 1903 County Road 390, Lynn Haven, FL 32444 | 6-8 | 3.7 mi |
Bay High School 1200 Harrison Avenue, Panama City, FL 32401 | 9-12 | 1.7 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 1907 Sherman Ave
Date
Details
Price
Change
Source
3/19/2026
Listed
$400,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1907 Sherman Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,427
12%
$150,604
20%
2024
$1,273
3%
$125,530
2%
2023
$1,230
75%
$123,157
121%
2021
$704
-3%
$55,838
-6%
2022
$723
3%
$59,137
8%
2021
$704
—
$54,825
-1%
2019
$701
-33%
$55,109
-33%
2018
$1,040
-2%
$82,174
—
2017
$1,062
-3%
$82,458
—
2016
$1,094
-3%
$82,743
—
2015
$1,125
—
$82,345
—
2014
$1,127
15%
$82,623
2%
2013
$977
—
$80,787
—
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 1907 Sherman Ave
1907 Sherman Avenue, Panama City, FL 32405 (MLS# 787025) is a Commercial property. 1907 Sherman Avenue is currently listed for $400,000 and was received on March 19, 2026. Want to learn more about 1907 Sherman Avenue? 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.

