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331 Maine Avenue, Panama City
$249,000
4 Beds ⋅ 2 Baths ⋅ 795808 MLS
HOT OPPORTUNITY FOR INCOME AND A BIG TAX BREAK, ALL IN ONE! Or enjoy the furnishings, appliances, decor, and accessories as an owner-occupant. EVERYTHING CONVEYS! This versatile property, once a 4 BR 2 BA, has been converted to a 2-unit rental property that is perfect for short- or mid-term rental income or as a single-family main house/mother-in-law suite arrangement. Want to restore the 4/2 as one unit? No problem! Just uncover the blocked-off door between units, and you're there! This property has been rented only on Furnished Finder and by word of mouth. Seller states income for 2025 was $28,710! WHY THIS PROPERTY IS AWESOME: --Multiple possibilities for living/renting - especially as workforce housing for travel nurses, military, contractors, and others --NEW METAL ROOF in 2026! --Other updates/upgrades/repairs made recently. See attached documents. --2 BR, 1 BA in front, 1 BR, 1 BA in back (or restore to 4/2 as noted above) --Stated mid-term rental income of up to $1,700 for front unit, $1,600/mo for back unit - WOW! --Full kitchen in front, efficient kitchenette in back --SOLD FULLY FURNISHED! --Fresh paint in main (front) unit --Driveway parking for 4; boat parking is easy! --HUGE backyard on this 75' x 200' lot. Make your own nature oasis with fruit trees or palms or put in a pickleball court, fire pit, and a pool! --Close to Ascension Sacred Heart (Bay Medical), downtown PC, Eastern Shipbuilding, two marinas, Tyndall AFB, and walkable to Gene's Oyster Bar See the full list of updates/upgrades/repairs in the attached DOCUMENTS section. COME SEE THIS TODAY! OPEN FOR SHOWINGS ANY TIME!

331 Maine Avenue, Panama City
306 Sherman Avenue, Panama City
$65,000
795091 MLS
CURRENTLY UNDER CONTRACT, SELLER ACCEPTING BACKUP OFFERS $65,000 | CLEARED 0.25 ACRE LOT | HISTORIC MILLVILLE | ND ZONING Rare opportunity to own a cleared 0.25 acre lot measuring approximately 53' x 208' in Historic Millville! Featuring ND (Neighborhood Downtown) zoning, public water & sewer, paved city road access, no HOA, and in Flood Zone X. Located just off US-98 and less than 1/2 mile from Watson Bayou with Gulf access, this property offers an excellent location for potential development or investment. Neighborhood Downtown zoning allows for a variety of potential uses, including commercial, business, entertainment, multi-unit residential, and more. With public utilities already in place, buyers may save significant time and expense during the development process. Existing shed conveys. Enjoy convenient access to Watson Bayou, the public boat ramp, Millville Waterfront Park, fishing pier, and Gene's Oyster Bar. Whether you're an investor, entrepreneur, or simply looking for an affordable development parcel, this is an opportunity to get into Historic Millville at an attractive price point.

306 Sherman Avenue, Panama City
306 Sherman Avenue, Panama City
$65,000
795089 MLS
CURRENTLY UNDER CONTRACT, SELLER ACCEPTING BACKUP OFFERS $65,000 | CLEARED 0.25 ACRE LOT | HISTORIC MILLVILLE | ND ZONING Rare opportunity to own a cleared 0.25 acre lot measuring approximately 53' x 208' in Historic Millville! Featuring ND (Neighborhood Downtown) zoning, public water & sewer, paved city road access, no HOA, and in Flood Zone X. Located just off US-98 and less than 1/2 mile from Watson Bayou with Gulf access, this property offers an excellent location for potential development or investment. Neighborhood Downtown zoning allows for a variety of potential uses, including commercial, business, entertainment, multi-unit residential, and more. With public utilities already in place, buyers may save significant time and expense during the development process. Existing shed conveys. Enjoy convenient access to Watson Bayou, the public boat ramp, Millville Waterfront Park, fishing pier, and Gene's Oyster Bar. Whether you're an investor, entrepreneur, or simply looking for an affordable development parcel, this is an opportunity to get into Historic Millville at an attractive price point.

306 Sherman Avenue, Panama City
2117 E 3rd Street, Panama City
$280,000
793912 MLS
***CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACK-UP OFFERS***Your opportunity to own *** TWO PARCELS *** This mixed use zoning Combo deal offers an abundance of opportunity for your future commercial business or residential goals. Historic Mixed-Use Commercial Opportunity in the Heart of Panama City! Step into a piece of local history with this iconic commercial property located at 2117 E 3rd Street, Panama City, FL 32401. Originally built in 1925, this well-known landmark has been home to numerous successful businesses throughout the decades and continues to offer endless possibilities for its next owner. Currently operating as a restaurant and drinks bar, this mixed-use zoned property features a highly functional layout with ample indoor seating, a commercial-style service area, and a one-of-a-kind outdoor gathering space designed for entertainment, fellowship, and social events. The inviting outdoor area offers a unique atmosphere rarely found in today's market, making it ideal for live music, game nights, private events, or expanded customer seating. The building's size and footprint make it exceptionally well-suited for a variety of business ventures including a café, deli, coffee shop, brewery, wine bar, specialty restaurant, retail concept, creative workspace, or other mixed-use possibilities. Its historic charm, established presence, and strategic location provide the perfect foundation for entrepreneurs looking to bring their vision to life. Whether you're an investor seeking a unique income-producing asset or a business owner ready to launch the concept you've always dreamed of, this property presents an incredible opportunity at an affordable price point. With its rich history, flexible zoning, distinctive character, and endless potential, this property may very well be one of the best commercial values currently available in Panama City. Bring your vision, make your mark, and become part of the next chapter of this historic Panama City landmark

2117 E 3rd Street, Panama City
Panama City
$280,000
791813 MLS
***CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACK-UP OFFERS***Historic Mixed-Use Commercial Opportunity in the Heart of Panama City! Step into a piece of local history with this iconic commercial property located at 2117 E 3rd Street, Panama City, FL 32401. Originally built in 1925, this well-known landmark has been home to numerous successful businesses throughout the decades and continues to offer endless possibilities for its next owner. Currently operating as a restaurant and drinks bar, this mixed-use zoned property features a highly functional layout with ample indoor seating, a commercial-style service area, and a one-of-a-kind outdoor gathering space designed for entertainment, fellowship, and social events. The inviting outdoor area offers a unique atmosphere rarely found in today's market, making it ideal for live music, game nights, private events, or expanded customer seating. The building's size and footprint make it exceptionally well-suited for a variety of business ventures including a café, deli, coffee shop, brewery, wine bar, specialty restaurant, retail concept, creative workspace, or other mixed-use possibilities. Its historic charm, established presence, and strategic location provide the perfect foundation for entrepreneurs looking to bring their vision to life. Whether you're an investor seeking a unique income-producing asset or a business owner ready to launch the concept you've always dreamed of, this property presents an incredible opportunity at an affordable price point. With its rich history, flexible zoning, distinctive character, and endless potential, this property may very well be one of the best commercial values currently available in Panama City. Bring your vision, make your mark, and become part of the next chapter of this historic Panama City landmark

Panama City
306 Sherman Avenue, Panama City
$33,400
741594 MLS
This stunning property is in the heart of Historical Millville! This gem is ideally located directly off Bus Highway 98, one of the original frontier settlements in Bay County. With Watson Bayou located just a stone's throw away, and Gene's Oyster Bar located right next door, the location couldn't be more perfect. This beautiful property boasts easy access to all the amenities and attractions that Historical Millville has to offer. This property is zoned MDTD. MDTD zoning district is designed to preserve the area's unique and eclectic character while also encouraging redevelopment and growth for business, residential, commercial, cultural, & entertainment uses.

306 Sherman Avenue, Panama City
306 Sherman Avenue, Panama City
$33,400
741593 MLS
This stunning property is in the heart of Historical Millville! This gem is ideally located directly off Bus Highway 98, one of the original frontier settlements in Bay County. With Watson Bayou located just a stone's throw away, and Gene's Oyster Bar located right next door, the location couldn't be more perfect. This beautiful property boasts easy access to all the amenities and attractions that Historical Millville has to offer. This property is zoned MDTD. MDTD zoning district is designed to preserve the area's unique and eclectic character while also encouraging redevelopment and growth for business, residential, commercial, cultural, & entertainment uses.

306 Sherman Avenue, Panama City
2110 E 5th Street, Panama City
$70,000
751914 MLS
Prime Commercial Opportunity right on E Business Highway 98 in the heart of the Central Millville Business District awaits your entrepreneurial vision. With the General Commercial (GC-2) zoning designation, this versatile parcel offers a myriad of possibilities for prospective investors. This half acre corner lot enjoys optimal exposure with a substantial daily traffic count of up to 20,000 vehicles, underscoring its strategic location in the developing business landscape. Conveniently located only minutes from the bustling downtown Panama City and only a few blocks from new, state-of-the-art Snug Harbor boat launch as well as Watson Landings Marina, this locale offers excellent potential. A previous structure, impacted by Hurricane Michael, has been cleared, as well as any previously remaining debris and overgrowth. It is ready and waiting for a new buyer to make it their own. Prospective buyers should verify all information and suitability. Whether you're looking to establish a new business or expand your existing venture, this could be your ideal spot.

2110 E 5th Street, Panama City
302 Sherman Avenue, Panama City
$495,000
740406 MLS
THE OWNER/OPERATOR OF GENE'S OYSTER BAR, A HISTORIC HIDDEN GEM IN MILLVILLE SINCE 1969, IS RETIRING. THIS PRESENTS A ONCE-IN-A-LIFETIME OPPORTUNITY NOT ONLY TO OWN A PIECE OF PANAMA CITY HISTORY, BUT TO BUILD UPON A CORNERSTONE OF THE COMMUNITY AND ITS 50 PLUS YEARS OF FOOD, FUN, AND FELLOWSHIP. Opened in 1969, Gene's Oyster Bar remains family-owned and operated and is one of Bay County's oldest original oyster bars. Although the fresh oysters on the half shell take the spotlight inside this quaint, authentic 15 stool oyster bar, the traditional recipes of baked oysters, fried seafood items and homemade gumbo keep locals and visitors alike coming back time and time again. Enjoy outside dining on the covered patio with seating for up to 24 people. Gene's Oyster Bar meets all state-defined eligibility criteria and has qualified for up to $119,000.00 in grant funding through the Hometown Revitalization Program (HRP) Business Façade and Building Improvement Program. The turn-key purchase of Gene's Oyster Bar will include: land, building, business name and phone number, family recipes, restaurant equipment, furniture, fixtures, small wares, signage and state-of-the-art security system and cameras.

302 Sherman Avenue, Panama City
2317 E 3rd Street, Panama City
$180,000
4 Beds ⋅ 2 Baths ⋅ 741872 MLS
CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS. Welcome to the Scott/Yerby House. Are you ready to unlock the full potential of a historic Florida home? This rare opportunity awaits you and this property has all the makings of something truly special. This one-of-a-kind home boasts a rich history, with beautiful architecture and unique features. This property is located in the historic waterfront community of Millville with its unique character, rich history, and alluring charm, make this home one of a kind. Original pine wood hardwood flooring throughout. Many updates in the main house circa 2007 include an updated kitchen with stainless steel appliances. The primary house is a 1472 sqft, 3 bedroom, 1 bathroom. Nestled behind the primary house is a precious 444 sqft 1 bedroom, 1 bathroom carriage house -perfect for a rental on the property OR use as a hobby shed, a multi-purpose space, a home office, a workshop, or as additional storage space- the possibilities are endless. Two additional yard buildings offer a perfect location for a shop and storage for tools or recreational vehicles. Landscaping has mature oaks and flowering trees surrounding the property and fencing makes this the perfect setting for a garden. Floor plans for both the main house and carriage house are in the photos. Watson Bayou with a public boat launch on N Church St. just around the corner/ walking distance from this gorgeous home. Tyndall Air Force Base is a convenient drive, only 15 minutes (7.6 miles) from this home. Imagine waking up each morning in a home that has stood the test of time. Motivated Seller! Bring all offers!

2317 E 3rd Street, Panama City
311 N Center Avenue, Panama City
$275,500
3 Beds ⋅ 2 Baths ⋅ 754535 MLS
MOVE IN READY!! This brand new home is awesome for the first time homebuyer and or investor. Vinyl siding helps with exterior maintenance. Granite counter tops with stainless steel kitchen appliances. Covered carport for those hot days! The master bath is super large with shower, linen closet, and walk in closet. Indoor laundry room. Come make this your new home. Per Panama City City Manager, future growth is coming in the neighborhood that is family friendly with parks and such!

311 N Center Avenue, Panama City
425 Maine Avenue, Panama City
$114,000
775798 MLS
Prime Commercial Opportunity Near Watson Bayou - Cleared Corner Lot in Central Millville Business District Strategically situated at a busy intersection with dual road frontage, the site benefits from excellent accessibility and exposure, boasting a high daily traffic count of 21,500 vehicles (FDOT, 2017). This makes it an ideal location for businesses seeking maximum visibility and customer convenience. Discover the potential of this high-visibility corner parcel located in the heart of the revitalizing Millville Community of Panama City, just steps from the scenic Watson Bayou. Positioned within the Central Millville Business District and zoned General Commercial (GC-2), this cleared property offers unmatched flexibility for a wide range of commercial ventures retail, office, service industry, mixed-use development, and more. Whether you're an investor, developer, or business owner, this property presents a rare opportunity to establish a presence in an area poised for growth, with easy access to Downtown Panama City, major transportation routes, and waterfront attractions. Key Features: Zoned GC-2 - broad commercial use allowances High-traffic corner parcel with superior visibility Cleared and ready for development Two road access points for optimal traffic flow. Close proximity to Watson Bayou and Downtown Panama City Located within a designated business district, fostering economic development This is more than just a parcel it's a platform for your next successful venture.

425 Maine Avenue, Panama City
311 N Center Avenue, Panama City
$275,500
3 Beds ⋅ 2 Baths ⋅ 754535 MLS
MOVE IN READY!! This brand new home is awesome for the first time homebuyer and or investor. Vinyl siding helps with exterior maintenance. Granite counter tops with stainless steel kitchen appliances. Covered carport for those hot days! The master bath is super large with shower, linen closet, and walk in closet. Indoor laundry room. Come make this your new home. Per Panama City City Manager, future growth is coming in the neighborhood that is family friendly with parks and such!

311 N Center Avenue, Panama City
2110 E 5th Street, Panama City
$70,000
751914 MLS
Prime Commercial Opportunity right on E Business Highway 98 in the heart of the Central Millville Business District awaits your entrepreneurial vision. With the General Commercial (GC-2) zoning designation, this versatile parcel offers a myriad of possibilities for prospective investors. This half acre corner lot enjoys optimal exposure with a substantial daily traffic count of up to 20,000 vehicles, underscoring its strategic location in the developing business landscape. Conveniently located only minutes from the bustling downtown Panama City and only a few blocks from new, state-of-the-art Snug Harbor boat launch as well as Watson Landings Marina, this locale offers excellent potential. A previous structure, impacted by Hurricane Michael, has been cleared, as well as any previously remaining debris and overgrowth. It is ready and waiting for a new buyer to make it their own. Prospective buyers should verify all information and suitability. Whether you're looking to establish a new business or expand your existing venture, this could be your ideal spot.

2110 E 5th Street, Panama City
2317 E 3rd Street, Panama City
$180,000
4 Beds ⋅ 2 Baths ⋅ 741872 MLS
CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS. Welcome to the Scott/Yerby House. Are you ready to unlock the full potential of a historic Florida home? This rare opportunity awaits you and this property has all the makings of something truly special. This one-of-a-kind home boasts a rich history, with beautiful architecture and unique features. This property is located in the historic waterfront community of Millville with its unique character, rich history, and alluring charm, make this home one of a kind. Original pine wood hardwood flooring throughout. Many updates in the main house circa 2007 include an updated kitchen with stainless steel appliances. The primary house is a 1472 sqft, 3 bedroom, 1 bathroom. Nestled behind the primary house is a precious 444 sqft 1 bedroom, 1 bathroom carriage house -perfect for a rental on the property OR use as a hobby shed, a multi-purpose space, a home office, a workshop, or as additional storage space- the possibilities are endless. Two additional yard buildings offer a perfect location for a shop and storage for tools or recreational vehicles. Landscaping has mature oaks and flowering trees surrounding the property and fencing makes this the perfect setting for a garden. Floor plans for both the main house and carriage house are in the photos. Watson Bayou with a public boat launch on N Church St. just around the corner/ walking distance from this gorgeous home. Tyndall Air Force Base is a convenient drive, only 15 minutes (7.6 miles) from this home. Imagine waking up each morning in a home that has stood the test of time. Motivated Seller! Bring all offers!

2317 E 3rd Street, Panama City
306 Sherman Avenue, Panama City
$33,400
741594 MLS
This stunning property is in the heart of Historical Millville! This gem is ideally located directly off Bus Highway 98, one of the original frontier settlements in Bay County. With Watson Bayou located just a stone's throw away, and Gene's Oyster Bar located right next door, the location couldn't be more perfect. This beautiful property boasts easy access to all the amenities and attractions that Historical Millville has to offer. This property is zoned MDTD. MDTD zoning district is designed to preserve the area's unique and eclectic character while also encouraging redevelopment and growth for business, residential, commercial, cultural, & entertainment uses.

306 Sherman Avenue, Panama City
306 Sherman Avenue, Panama City
$33,400
741593 MLS
This stunning property is in the heart of Historical Millville! This gem is ideally located directly off Bus Highway 98, one of the original frontier settlements in Bay County. With Watson Bayou located just a stone's throw away, and Gene's Oyster Bar located right next door, the location couldn't be more perfect. This beautiful property boasts easy access to all the amenities and attractions that Historical Millville has to offer. This property is zoned MDTD. MDTD zoning district is designed to preserve the area's unique and eclectic character while also encouraging redevelopment and growth for business, residential, commercial, cultural, & entertainment uses.

306 Sherman Avenue, Panama City
302 Sherman Avenue, Panama City
$495,000
740406 MLS
THE OWNER/OPERATOR OF GENE'S OYSTER BAR, A HISTORIC HIDDEN GEM IN MILLVILLE SINCE 1969, IS RETIRING. THIS PRESENTS A ONCE-IN-A-LIFETIME OPPORTUNITY NOT ONLY TO OWN A PIECE OF PANAMA CITY HISTORY, BUT TO BUILD UPON A CORNERSTONE OF THE COMMUNITY AND ITS 50 PLUS YEARS OF FOOD, FUN, AND FELLOWSHIP. Opened in 1969, Gene's Oyster Bar remains family-owned and operated and is one of Bay County's oldest original oyster bars. Although the fresh oysters on the half shell take the spotlight inside this quaint, authentic 15 stool oyster bar, the traditional recipes of baked oysters, fried seafood items and homemade gumbo keep locals and visitors alike coming back time and time again. Enjoy outside dining on the covered patio with seating for up to 24 people. Gene's Oyster Bar meets all state-defined eligibility criteria and has qualified for up to $119,000.00 in grant funding through the Hometown Revitalization Program (HRP) Business Facade and Building Improvement Program. The turn-key purchase of Gene's Oyster Bar will include: land, building, business name and phone number, family recipes, restaurant equipment, furniture, fixtures, small wares, signage and state-of-the-art security system and cameras.

302 Sherman Avenue, Panama City
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