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$58,000

509 James Avenue

Panama City, FL 32401

Listing updated: July 27, 2026 at 2:49 AM ET

Active

Listing courtesy of Kelly Right Real Estate · Samih Sadiq · MLS #O6230003 · Active · 813-321-2282

Baths

0.15

Acres

◆$9/sqft◆360° tour

Land

Property type

6,708 sqft

Lot size

Price / sq ft

No HOA

HOA dues

698

Days on market

Flood zone

About this home

Affordable opportunity to acquire a 0.15-acre vacant lot at 509 N James Avenue, Panama City, FL 32401. "Zoning: GC 1" This compact parcel is ideal for a retreat or holding as a future investment. Located in a quiet neighborhood with convenient access to local amenities, schools, and major roadways, the property offers flexibility and strong long-term potential. Perfect for first-time buyers, investors, or builders seeking an easily developable estate in Panama City.. Pin Location: Latitude 30.15749554, Longitude -85.62438168. Note: buyers I emphasize the importance of conducting thorough due diligence to ensure that the property meets your expectations and requirements.

Estimated monthly payment

Principal & interest$293

Property taxes$44

Home insurance (est.)$27

Down payment

20%

$11,600 downRate

6.5%

Term

Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.

Price & listing history698 days on market

Status: Active
Aug 29, 2024
Listed$58,000
Aug 28, 2024
Price increased$58,000

Facts & features

Property type: Land
Status: Active
Days on market: 698
Subdivision: Shermans Add
County: Bay
Price/sq ft: $9
Lot size: 6,708 sq ft
Lot category: 0 to less than 1/4
Flood zone: X
Annual taxes: $524 (2023)
Parcel #: 23722-000-000
Zoning: GC 1
MLS #: O6230003

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HOA & Financial

Total monthly fees: $0/mo
Total annual fees: $0
Ownership: Fee Simple

Exterior & Construction

Road surface: Dirt

Utilities

Sewer: None
Water source: None
Utilities: Other

Listing Details

Listing date: 2024-08-28
On market date: 2024-08-28
Original list price: $58,000
MLS area: 32401 - Panama City
Listing AOR: Pinellas Suncoast
Status changed: 2024-08-29
Tax legal description: SHERMANS ADD LOT 16 BLK B ORB 4723 P 540

Flood risk

Minimal riskFEMA Zone X

Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.

Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.

Location

Directions

860 W 11th St Head south 135 ft Turn right toward Wood Ave 187 ft Turn left onto Wood Ave 469 ft Turn left onto W 11th St 2.9 mi Turn right onto N East Ave 0.6 mi Turn left onto E 6th St 341 ft Turn right onto N James Ave Destination will be on the right 374 ft 509 N James Ave, Panama City, FL 32401

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Listings courtesy of Stellar MLS as distributed by MLS GRID

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the MLS GRID as of July 27, 2026 at 2:49 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

All or a portion of the multiple listing information is provided by Stellar MLS, from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Stellar MLS. All rights reserved.

Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA