1123 MARTIN LUTHER KING JR. BOULEVARD, Panama City, FL 32401

1123 MARTIN LUTHER KING JR. BOULEVARD, Panama City, FL 32401

0 beds 0 baths 5,238 Sqft

Listings courtesy of FLORIDA HOMES REALTY & MORTGAGE as distributed by MLS GRID.

Overview Neighborhood Amenities Similar Properties Similar Properties

$78,000 $15/sf Earn $37,440

487 days on Market

$78,000

Credit Back up to $37,440*
$14.89/sf

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Description:

Active - Business for rent

Prime Commercial Opportunity in Panama City! Seize this exceptional opportunity to lease a commercial property just minutes from Ascension Sacred Heart Bay, Downtown Panama City, St. Andrews, and other key landmarks. This versatile property, previously a long-standing mortuary, offers a unique space ideal for a variety of business ventures. With its high-visibility location, ample square footage, and adaptable layout, this property is perfect for professional offices, medical facilities, retail spaces, or a specialty business looking to capitalize on the thriving area. Don’t miss your chance to secure a high-traffic, well-positioned property in one of Panama City’s most sought-after commercial historic districts. Contact us today for more details or to schedule a private tour!

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Listing Agent:

- Listed by: Lonnie Wells • lonniewellsrealtor@gmail.com

- Brokered by: FLORIDA HOMES REALTY & MORTGAGE • 904-996-9144

- Source: Stellar MLS as distributed by MLS GRID

- MLS Number: S5121358

- MLS Last Updated: Jun 1, 2026 at 02:21pm EDT

Location

* School data provided by National Center for Education Statistics, and GreatSchools. Intended for reference only. The GreatSchools Rating is based on a variety of school quality indicators, including test scores, college readiness, and equity data. To verify enrollment eligibility, contact the school or district directly.

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Facts and features:

Furnished: Unfurnished

Number Of Lots: 1

Security Features: Fire Alarm, Security System, Security System Owned, Smoke Detector(S)

Status: Active

Listed Date: 02/18/2025

Days On Market: 487

Lot Size (Square Feet): 76448

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Financial:

Rent Includes: []

Tenant Pays: ["Liability Insurance"]

Structure:

Accessibility Features: Accessible Entrance, Visitor Bathroom, Accessible Hallway(S)

Parking Total: 1

Year Built: 1972

Building Features: Bathrooms, Common Lighting, Drive-Through, Extra Storage, Fencing, Ramp, Reception, Seating, Waiting Room

Construction Materials: Brick, Cement Siding, Stucco, Wood Siding

Cooling: Central Air

Flooring: Floor Luxury Vinyl

Foundation Details: Foundation Slab

Heating: Central, Electric

Property Condition: Property Condition Under Renovation

Roof: Roof Shingle

Window Features: Windows Blinds

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Utilities:

Electric: []

Sewer: Sewer Public Sewer

Utilities: Bb/Hs Internet Capable, Electricity Available, Phone Available, Public

WaterSource: Water Source Public

Tax:

Parcel Number: 16897010000

Tax Legal Description: Carver Hts. Lots 2, 3, 4, 5, 24, 25, 26 Blk 2 Orb 4090 P 1915 Less Hwy 77 R/W Dot Prcl# 173

Zoning: Gc 1

Location:

Subdivision Name: Carver Heights

MLS Area Major: 32401 - Panama City

Score:

-panama city-for-rent-1123 martin luther king jr. boulevard, panama city, fl 32401-STELS5121358

Mortgage All cash

Monthly expenses $919

Property Tax $420

HOA Fee $0

Homeowners Insurance $21

Due at Close $39,390

List price $78,000

Closing costs $1,170

beycome Pre-paid title: $99Discover Title Services

beycome Credit Est. $37.4K

Disclaimer

Based on information submitted to the MLS GRID as of Jun 1, 2026 at 02:21pm EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Customer reviews

June M. Jacksonville, Fl

You and I did great. It is now rented. I only spend $40 with your company and saved $1,650.00 by not using a realtor. You were great and hope u feel better. Please remove all ads. Thanks from the bottom of my heart. June 2022

Marc & Staci K., Loxahatchee, Fl

Hi Nancy, We officially close TOMORROW!!!! And yes we got our asking price. With love and gratitude, Mission Accomplished, Closed with beycome in 1 month & 14 days. Amount Saved in commission fees: $25.794.

Barbara Bezerra, Miami, FL

The service that was provided by you and you're broker has been outstanding!
Thank you

Rufus H, Ocala, Fl

My house sold. They saw your For Sale sign in the front yard. Thanks for all your help. Thank you, Rufus H. Saved in comission fee: $7.200

Ndakhte N. Oakland Park, FL

Hi Nico and Natalie.. I can't say enough about Beycome and all of the nice service I received. It did sell today for the full asking price less a credit back to the buyer at closing so she'd barely have to come up w/ any money ...