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Harrison Lilly

Owner/Operator | Harrison Lilly Emerald Coast | Harrison Lilly Realty | PLACE

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622 Harmon Ave , Panama City, FL 32401
$45,000
Est. Payment: $228.21/mo
0 Bed
0 Bath
0 Sqft
Status: active | Days on site: 1
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Harrison Lilly
Owner/Operator

House Description

622 Harmon Ave is all about 'location' near downtown Panama City. Situated near the heart of the growth to the downtown area, this property is perfect for either a residential or commercial investor, a private owner, or a business professional looking for an extra piece of land. This piece of vacant land is cleared and is zoned 'commercial DTD'-which has many allowable commercial uses; OR it is zoned 'residential'- which can thus occupy a small single family residence. This location near downtown Panama City aligns with the vision of redevelopment and vitality in the downtown area. With extra properties developing nearby this is the time to also develop for the growth of the city. Please see attached flyer in the documents section for more details of DTD and its allowable uses. Located 'within' the downtown district, this property is perfect for any small business to flourish, or can be used as a parking lot for extra space. Additionally, this property is located in an 'Opportunity Zone- which allows for favorable federal tax capital gains treatment.' This is the perfect time to invest in the revitalization of downtown Panama City so go take a look at this location! Make your next investment in the growth of downtown Panama City. Seller has recent survey that can be shared for the new potential buyer or verify all measurements with a new survey.

Highlights

Listed by Elaine G Fenster , 850-704-2051 Coastal Palms Real Estate , 716-912-1447. Bay County Association of REALTORS

Property Type

Vacant Land

Lot/Acreage
0.08

County

Bay

Area

02 - Bay County - Central

Neighborhood

No Named Subdivision

Listing ID

792521

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:

Exterior Features

Lot:Paved
Lot Dimensions:30.0 ft x 120.0 ft
Zoning:Commercial, Other - See Remarks, Resid Single Family
Sewer:Public Sewer
Principal Interest
$228
Taxes
$22

Home Price

$45,000

Loan Details

30 yrs
6.528%

Down Payment

20%
$9,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$228.21

Principal

Taxes

Principal Taxes HOA Total
Monthly $228.21 $22.40 $0.00 $250.61
Yearly $2,738.49 $268.85 $0.00 $3,007.34
Total $82,154.81 $8,065.50 $0.00 $90,220.31

Today's Rates

30 Year

6.53%

20 Year

6.33%

15 Year

6%

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Market insight data is pulled from the same city as the listing being viewed (Panama City, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bay County Association of REALTORS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-20T06:33:19.000Z

© 2026 Bay County Association of REALTORS