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$114,000
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Property Description
Prime Commercial Opportunity Near Watson Bayou - Cleared Corner Lot in Central Millville Business District Strategically situated at a busy intersection with dual road frontage, the site benefits from excellent accessibility and exposure, boasting a high daily traffic count of 21,500 vehicles (FDOT, 2017). This makes it an ideal location for businesses seeking maximum visibility and customer convenience. Discover the potential of this high-visibility corner parcel located in the heart of the revitalizing Millville Community of Panama City, just steps from the scenic Watson Bayou. Positioned within the Central Millville Business District and zoned General Commercial (GC-2), this cleared property offers unmatched flexibility for a wide range of commercial ventures retail, office, service industry, mixed-use development, and more. Whether you're an investor, developer, or business owner, this property presents a rare opportunity to establish a presence in an area poised for growth, with easy access to Downtown Panama City, major transportation routes, and waterfront attractions. Key Features: Zoned GC-2 - broad commercial use allowances High-traffic corner parcel with superior visibility Cleared and ready for development Two road access points for optimal traffic flow. Close proximity to Watson Bayou and Downtown Panama City Located within a designated business district, fostering economic development This is more than just a parcel it's a platform for your next successful venture.
Full Property Details
Full Property Details for 425 Maine Ave
General
- Price: $114,000
- Status: Active
- Type: Commercial Land
- Source: Bay_County
- MLS ID: 775798
- Updated: 12/2/2025
- Added to Site: 199 day(s) ago
Location
- County: Bay
- Subdivision: Welch Add
- Driving Directions: From the intersection of Highway Bus. 98 & Highway 77, travel east on Highway Bus. 98, property is located on the southwest corner of Highway Bus. 98 and Maine Avenue.
Community
- Community Name: 02 - Bay County - Central
Lot Features
- Lot Size (Acres): 0.5
- Lot Size (Sq. Ft.): 21,780
- Lot Size: .5
- Frontage: City Street, Paved
- Zoning: Commercial
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: WELCH ADD LOTS 1, 2 BLK 4 ORB 3089 P 1120 MAP 105D1
- Property ID: 22502-000-000
Listed by Keller Williams Realty Emerald
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Schools
Schools serving 425 Maine Ave
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Merriam Cherry Street Elementary School 1125 Cherry Street, Panama City, FL 32401 | PK-5 | 1 mi |
Jinks Middle School 600 West 11th Street, Panama City, FL 32401 | 6-8 | 2.3 mi |
Bay High School 1200 Harrison Avenue, Panama City, FL 32401 | 9-12 | 1.9 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 425 Maine Ave
Date
Details
Price
Change
Source
7/03/2025
Listed
$114,000
—
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 425 Maine Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,615
-6%
$108,680
—
2023
$1,716
19%
$108,680
25%
2022
$1,444
9%
$86,944
19%
2021
$1,321
12%
$72,815
—
2019
$1,177
6%
$72,815
3%
2015
$1,114
1%
$70,642
—
2014
$1,104
8%
$70,642
—
2013
$1,023
—
$70,642
—
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 425 Maine Ave
425 Maine Avenue, Panama City, FL 32401 (MLS# 775798) is a Commercial Land property with a lot size of 0.5 acres. 425 Maine Avenue is currently listed for $114,000 and was received on July 03, 2025. Want to learn more about 425 Maine 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.

