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$1,000,000 Just Listed
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Property Description
Great Downtown Panama City, 5,005 SQ FT Commercial Building. The building is completely gutted and ready for renovation! This 5,005 sq ft building in the heart of downtown offers a blank canvas with endless potential. Prime location, with great visibility and foot traffic. Along with Public parking close by. Zoned for commercial use. Re-Roof completed in 2024. Being Sold AS-IS--bring your vision to life!
Full Property Details
Full Property Details for 540 Harrison Ave
General
- Price: $1,000,000
- Status: Active
- Type: Commercial
- Source: Bay_County
- MLS ID: 794934
- Updated: Today (9/2/2026)
- Added to Site: Today
Location
- County: Bay
- Subdivision: [No Recorded Subdiv]
- Driving Directions: From the intersection of Harrison Avenue and Old Business 98 go South on Harrison Avenue. The property will be on your left.
School Information
- Elementary School: Cherry Street
- Middle School: Jinks
- High School: Bay
Community
- Community Name: 02 - Bay County - Central
Structural Information
- Year Built: 1942
Lot Features
- Lot Size (Acres): 0.14
- Lot Size (Sq. Ft.): 6,098.4
- Lot Size: .14
Disclosures and Reports
- Legal Description: G C D PLAT LOT 12 & S1/2 OF LOT 13 BLK 19 ORB 2074 P 1634 ORB 4195 P 309 MAP 92D1
- Property ID: 19741-000-000
Listed by Overstreet Realty
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Schools
Schools serving 540 Harrison Ave
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Merriam Cherry Street Elementary School 1125 Cherry Street, Panama City, FL 32401 | PK-5 | 1.2 mi |
Jinks Middle School 600 West 11th Street, Panama City, FL 32401 | 6-8 | 1 mi |
Bay High School 1200 Harrison Avenue, Panama City, FL 32401 | 9-12 | 0.9 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 540 Harrison Ave
Date
Details
Price
Change
Source
9/02/2026
Listed
$1,000,000
374.38%
MLS
11/21/2019
Sold
$210,800
—
Public Record
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 540 Harrison Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,394
—
$264,381
-8%
2024
$5,394
10%
$287,402
—
2023
$4,900
18%
$287,402
23%
2022
$4,147
7%
$233,064
7%
2021
$3,878
—
$218,498
33%
2021
$3,878
118%
$164,159
77%
2019
$1,782
-34%
$93,001
-37%
2018
$2,693
7%
$148,016
-1%
2017
$2,513
12%
$149,236
22%
2016
$2,243
—
$122,327
2%
2015
$2,245
-2%
$119,621
-4%
2014
$2,299
7%
$124,104
—
2013
$2,155
—
$124,104
—
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 540 Harrison Ave
540 Harrison Avenue, Panama City, FL 32401 (MLS# 794934) is a Commercial property. 540 Harrison Avenue is currently listed for $1,000,000 and was received on September 02, 2026. Want to learn more about 540 Harrison 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.

