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Property Photos
1116 Mercedes Avenue
  • MLS#: 777837 ( CommercialSale )
  • Street Address: 1116 Mercedes Avenue
  • Viewed: 41
  • Price: $570,000
  • Price sqft: $204
  • Waterfront: No
  • Year Built: 2025
  • Bldg sqft: 2799
  • Days On Market: 168
  • Additional Information
  • Geolocation: 30.1693 / -85.646
  • County: BAY
  • City: Panama City
  • Zipcode: 32401
  • Subdivision: No Named Subdivision
  • Elementary School: Cedar Grove
  • Middle School: Mowat
  • High School: Bay
  • Provided by: Think Real Estate
  • DMCA Notice
  • Description
    New construction townhomes, 2/2 933 sqft each. projected to rent for $1550 1650 per unit. Estimated 7 8 cap rate. Pro Forma PnL available upon request.
Features
Home Owners Association Fee
  1. 0.00
Carport Spaces
  1. 0.00
Close Date
  1. 0000-00-00
Covered Spaces
  1. 0.00
Garage Spaces
  1. 0.00
High School
  1. Bay
Insurance Expense
  1. 0.00
Legal Description
  1. 4 4S 14W -69- 69A BEG 495' N OF SW COR OF SE1/4 OF NE1/4 TH E 120 N 99' W 120' S 99' TO POB ORB 738 P 769 ORB 2002 P 428 ORB 2002 P 426
Living Area
  1. 0.00
Middle School
  1. Mowat
Area Major
  1. 02 - Bay County - Central
Net Operating Income
  1. 0.00
Open Parking Spaces
  1. 0.00
Other Expense
  1. 0.00
Parcel Number
  1. 16529-000-000
Pet Deposit
  1. 0.00
Possible Use
  1. Commercial
Property Condition
  1. NeverOccupied
Property Type
  1. CommercialSale
School Elementary
  1. Cedar Grove
Security Deposit
  1. 0.00
The Range
  1. 0.00
Trash Expense
  1. 0.00
Utilities
  1. SewerAvailable
Views
  1. 41
Year Built
  1. 2025