$45,000

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.