Land > Commercial Land
Active
03/14/2024
List Price
$8,000,000
401 Kimbrel Ave
Panama City, FL 32404
- 3Beds
- 1.5Baths
- 672ft²Living Area
- 16.5acLot Size
- -Pool
- -Car
- 1972Year Built
- 219DOM
- -Permit
401 Kimbrel Ave, Panama City, FL 32404 is a 3 bed, 1.5 bath, 672 ft² commercial land land built in 1972 of 16.540 acres. This commercial land is currently on the market for $8,000,000, and it was last sold in 2021 for $825,000.
MLS Description
The listing agent's description. Original Listing
LOCATION! LOCATION! LOCATION!! Discover an exceptional opportunity with this 16.53-acre parcel situated at 401 N Kimbrel Avenue in the dynamic and developing Panama City, Florida. Boasting a prime location that is conveniently close to educational institutions, recreational areas, and vital employment hubs, including Tyndall Air Force Base, this site is ideal for developers looking to respond to the city's current and future housing needs. The property offers ample space for a significant multi-family residential project, with zoning classification R5-A, which allows for the construction of up to 25 residences per acre. The max allowable units in this location is 413. We are excited to welcome investors to the market for a development-ready project after owners have completed the initial work and preparation. The potentially 400 door multifamily development has been cleared. The 16.5 acre parcel is opportunistically situated along busy highway22 and also connects to highway 98. All pre-development work and permits have been issued. Property is located along a main artery of the area on both sides. The property is within a 30-minute drive to the sugary sands of the Panama City, Beach and offers various ecotourism opportunities. In a quick 15 minute drive, you will arrive to the revitalized Downtown Panama City, with its walkable shopping and waterfront dining opportunities. It lies in a strategic locale and is well-positioned outside the flood zone, making it a valuable find for a visionary development tailored to accommodate the influx of professionals and their households. This is a cornerstone opportunity to contribute to the area's resurgence with a development that captures the spirit of growth. This versatile plot stands ready for a transformative development that will cater to both civilian and military families, contributing to the rejuvenation of the community. Capitalize on the opportunities of Panama City by investing in a property that offers promising potential for growth and prosperity.
Listing Agents
The listing agent for 401 Kimbrel Ave is Catriese M Johnson.
CM
Catriese M Johnson
Coldwell Banker Realty
License: SL3431258
Phone: (850) 814-0037
Current Ownership
Information about the current owner(s).
Taxes Billed
Taxes billed in 2023$11,852.91From latest Total Assessed Value1.25%Total Assessed Value$946,522=Land+
Assessed Value$945,802Additions
Assessed Value$720
In 2023, taxes billed for 401 Kimbrel Ave were $11,852.91, which is 1.25% from latest Total Assessed Value of $946,522.
Property History
401 Kimbrel Ave has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).
Property Events
Environment
Environmental factors around 401 Kimbrel Ave
Hazard Risks
Hurricane395Weather251Tornado135Nat'l Avg100Particulates95Ozone73Air Pollution73Carb Mono69Wind41Lead40Earthquake21Hail12
12 hazards (Carbon Monoxide, Earthquake Risk, Hail Index, Tornado Index, Hurricane Index, Air Pollution Index, Ozone Index, Wind Index, Weather Risk, Lead Index, Particulate Matter, National Average) are above the national average around 401 Kimbrel Ave.
Walkability Index
8 /20
Most Walkable
20-18
Very Walkable
17-15
Somewhat Walkable
14-10
Car Dependent
9-0
401 Kimbrel Ave has a walkability score of 8 out of 20, which means that it is in a car dependent area.
Temperature
Seasonal temperature sampled over multiple years
Winter
Average
Low
43°F
High
64°F
Summer
Average
Low
72°F
High
89°F
In the winter at 401 Kimbrel Ave, temperatures range from 43.34°F to 64.47°F with an average of 53.91°F. In the summer, the temperature ranges from 72.09°F to 89.4°F with and average of 80.75°F.
School Information
Public/private schools serving 401 Kimbrel Ave
Public Schools
Rutherford High School
Grades: 6-12
2.07 mi
D-
Parker Elementary School
Grades: PK-5
1.58 mi
D-
Bay Virtual Instruction Program
Grades: KG-11
5.86 mi
Bay Virtual Franchise
Grades: KG-12
5.86 mi
B-
Bay Virtual Instruction (Course Offerings)
Grades: 9-12
5.86 mi
* The school rating is based entirely on the test score performance of each school. It is based on a scale of A-F, A being best.
Nearby public schools serving 401 Kimbrel Ave have ratings undefined, undefined, undefined, undefined, and undefined.
Neighborhood
This property is located in 32404.
Seasonal Housing units 32404
11%of housing is for seasonal rent.
Daytime Population for 32404
-25%of people during work hours.
Boundary map of 32404.
Crime Index for 32404
67
67
The crime index in 32404 is 67, which is 0.7 times lower than national average.
Market Trends
Historical market data near 401 Kimbrel Ave over selected time period.
Nearby Properties on Kimbrel Ave
- 1110 S Kimbrel Ave, Panama City, FL 32404 (East Bay Park) is a 2,296 square foot, 3 bedroom, 2 bathroom, 1.03 acre property. It was built in 1996 and has an estimate of $339,570 with a price per ft² of $148.
- 1100 S Kimbrel Ave, Panama City, FL 32404 (East Bay Park) is a 2,903 square foot, 3 bedroom, 2 bathroom, 1.03 acre property. It was built in 1996 and has an estimate of $443,549 with a price per ft² of $153.
- 1120 S Kimbrel Ave, Panama City, FL 32404 (East Bay Park) is a 1,334 square foot, 3 bedroom, 2 bathroom, 1.03 acre property. It was built in 1966 and has an estimate of $207,500 with a price per ft² of $156.
- 1132 S Kimbrel Ave, Panama City, FL 32404 (East Bay Park) is a 1,660 square foot, 3 bedroom, 2 bathroom, 1.03 acre property. It was built in 1966 and has an estimate of $275,250 with a price per ft² of $166.
- 1113 S Kimbrel Ave, Panama City, FL 32404 (Forest Shores) is a 1,659 square foot, 4 bedroom, 2 bathroom, 0.24 acre property. It was built in 2015 and has an estimate of $247,750 with a price per ft² of $149.
- 1117 S Kimbrel Ave, Panama City, FL 32404 (Forest Shores) is a 1,072 square foot, 3 bedroom, 2 bathroom, 0.23 acre property. It was built in 1985 and has an estimate of $197,250 with a price per ft² of $184.
- 1123 S Kimbrel Ave, Panama City, FL 32404 (Forest Shores) is a 1,350 square foot, 3 bedroom, 2 bathroom, 0.23 acre property. It was built in 2007 and has an estimate of $222,750 with a price per ft² of $165.
- 1129 S Kimbrel Ave, Panama City, FL 32404 (Forest Shores) is a 1,396 square foot, 3 bedroom, 2 bathroom, 0.23 acre property. It was built in 1977 and has an estimate of $241,250 with a price per ft² of $173.
- 1142 S Kimbrel Ave, Panama City, FL 32404 (East Bay Park) is a 1,652 square foot, 3 bedroom, 2 bathroom, 1.03 acre property. It was built in 1996 and has an estimate of $235,500 with a price per ft² of $143.
- 1135 S Kimbrel Ave, Panama City, FL 32404 (Forest Shores) is a 1,350 square foot, 3 bedroom, 2 bathroom, 0.26 acre property. It was built in 1977 and has an estimate of $224,500 with a price per ft² of $166.
- 1217 S Kimbrel Ave, Panama City, FL 32404 (Forest Shores) is a 1,480 square foot, 4 bedroom, 2 bathroom, 0.23 acre property. It was built in 1980 and has an estimate of $247,750 with a price per ft² of $167.
- 1219 S Kimbrel Ave, Panama City, FL 32404 (Forest Shores) is a 1,423 square foot, 3 bedroom, 2 bathroom, 0.23 acre property. It was built in 2010 and has an estimate of $311,275 with a price per ft² of $219.
- 1223 S Kimbrel Ave, Panama City, FL 32404 (Forest Shores) is a 1,114 square foot, 4 bedroom, 2 bathroom, 0.23 acre property. It was built in 1990 and has an estimate of $193,750 with a price per ft² of $174.
- 1227 S Kimbrel Ave, Panama City, FL 32404 (Forest Shores) is a 1,479 square foot, 3 bedroom, 2 bathroom, 0.23 acre property. It was built in 1977 and has an estimate of $287,332 with a price per ft² of $194.
- 1205 S Kimbrel Ave, Panama City, FL 32404 (Forest Shores) is a 1,232 square foot, 3 bedroom, 2 bathroom, 0.23 acre property. It was built in 1989 and has an estimate of $200,500 with a price per ft² of $163.
- 1201 S Kimbrel Ave, Panama City, FL 32404 (Forest Shores) is a 1,396 square foot, 3 bedroom, 2 bathroom, 0.23 acre property. It was built in 1977 and has an estimate of $226,750 with a price per ft² of $162.
- 1204 S Kimbrel Ave, Panama City, FL 32404 (East Bay Park) is a 1,760 square foot, 3 bedroom, 2 bathroom, 1.03 acre property. It was built in 1975 and has an estimate of $235,250 with a price per ft² of $134.
- 142 N Kimbrel Ave, Panama City, FL 32404 is a 1,904 square foot, 3 bedroom, 2 bathroom, 0.15 acre property.
- 282 N Kimbrel Ave, Panama City, FL 32404 is a 3,142 square foot, 2 bedroom, 1 bathroom, 0.99 acre property. It was built in 1972 and has an estimate of $210,750 with a price per ft² of $67.
- 1017 S Kimbrel Ave, Panama City, FL 32404 (East Bay Park) is a 1,835 square foot, 3 bedroom, 2 bathroom, 1.02 acre property. It was built in 1974 and has an estimate of $316,067 with a price per ft² of $172.
- 1021 S Kimbrel Ave, Panama City, FL 32404 (East Bay Park) is a 1,632 square foot, 3 bedroom, 2 bathroom, 0.58 acre property. It was built in 1999 and has an estimate of $299,441 with a price per ft² of $183.
- 111 S Kimbrel Ave, Panama City, FL 32404 (Lannie Rowe Lake Estates) is a 1,008 square foot, 3 bedroom, 1 bathroom, 0.19 acre property. It was built in 1977 and has an estimate of $200,250 with a price per ft² of $199.
- 115 N Kimbrel Ave, Panama City, FL 32404 is a 4,560 square foot, 10 bedroom, 6 bathroom, 0.37 acre property. It was built in 1980 and has an estimate of $199,100 with a price per ft² of $44.
- 714 S Kimbrel Ave, Panama City, FL 32404 is a 1,888 square foot, 3 bedroom, 2 bathroom, 0.31 acre property. It was built in 1980 and has an estimate of $284,750 with a price per ft² of $151.
- 211 S Kimbrel Ave, Panama City, FL 32404 (Lannie Rowe Lake Estates) is a 1,316 square foot, 3 bedroom, 2 bathroom, 0.2 acre property. It was built in 1973 and has an estimate of $220,750 with a price per ft² of $168.
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