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$310,000
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Property Description
Located along N Sherman Avenue in one of Panama City's established commercial corridors, this 2.09± acre commercial development site offers exceptional potential for investors, developers, and owner-users. Zoned C-3A Commercial, the property accommodates a variety of commercial uses, including retail, office, service, and other development opportunities (subject to local regulations). With convenient access to US Highway 231, excellent visibility, and a location within a growing market, this property presents an outstanding opportunity for immediate development or long-term investment.
Full Property Details
Full Property Details for 2158 N Sherman Ave
General
- Sold For: $310,000
- Status: Closed
- Type: Commercial Land
- Source: Bay_County
- MLS ID: 793226
- Added to Site: 36 day(s) ago
Location
- County: Bay
- Subdivision: No Named Subdivision
- Driving Directions: See deed for legal description.
Community
- Community Name: 02 - Bay County - Central
Utilities
- Sewer: Public Sewer
- Utility Description: Sewer Available
Lot Features
- Lot Size (Acres): 2.09
- Lot Size (Sq. Ft.): 91,040
- Lot Size: 2.09
Disclosures and Reports
- Legal Description: Property Address: 2158 Sherman Avenue, Panama City, FL 32405
- Property ID: 14662-000-000
Listed and Sold by Five Bridges Real Estate Services Co. LLC
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Schools
Schools serving 2158 N 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 | 1 mi |
Mowat Middle School 1903 County Road 390, Lynn Haven, FL 32444 | 6-8 | 3.3 mi |
Bay High School 1200 Harrison Avenue, Panama City, FL 32401 | 9-12 | 2.2 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 2158 N Sherman Ave
Date
Details
Price
Change
Source
8/31/2026
Sold
$310,000
-4.62%
MLS
7/28/2026
Listed
$325,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2158 N Sherman Avenue, Panama City, FL 32405 (MLS# 793226) is a Commercial Land property that was sold at $310,000 on August 31, 2026. Want to learn more about 2158 N Sherman Avenue? Do you have questions about finding other Commercial Land 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.

