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Harrison Lilly

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

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1907 Sherman Ave , Panama City, FL 32405
$400,000
Est. Payment: $2,028.72/mo
0 Bed
0 Bath
780 Sqft
Status: active | Days on site: 134
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Harrison Lilly
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House Description

We are pleased to present an exceptional opportunity for your next business endeavor. This 0.809-acre industrial / residential zoned property is strategically located in Bay County, within the central Panama City area. Its prime position near busy Sherman Ave ensures optimal visibility and accessibility. The site features a block building, offering a versatile foundation for conversion into a office environment or for various other design applications. The exterior grounds provide ample space for future construction and development. An open pole barn is directly behind the main building suitable for storage or as a dedicated workspace. We encourage you to capitalize on this outstanding Investment opportunity
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Highlights

Listed by Aaron R Slate , 850-628-9385 Marcus Tyson & Associates , 850-896-1900. Bay County Association of REALTORS

Property Type

Commercial Sale
Lot/Acreage
0.81

Year Built

1964

County

Bay

Area

02 - Bay County - Central

 Neighborhood

[No Recorded Subdiv]

Listing ID

787025

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:0
  • ▪ Full Bathrooms:
Floor:Concrete

Exterior Features

Zoning:Industrial
Roof:Shingle
Principal Interest
$2,029
Taxes
$255

Home Price

$400,000

Loan Details

30 yrs
6.529%

Down Payment

20%
$80,000
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:
$2,028.72

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,028.72 $255.00 $0.00 $2,283.72
Yearly $24,344.69 $3,060.00 $0.00 $27,404.69
Total $730,340.83 $91,800.00 $0.00 $822,140.83

Today's Rates

30 Year

6.53%

20 Year

6.33%

15 Year

5.93%

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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