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About This Home

This 0-bedroom, 0-bathroom residential multi family at 722 N Martin Luther King Junior Boulevard in Panama City, FL is listed for $650,000 ($210 per sqft). Built in 1998, the home offers 3,100 sqft of living space on a 0.27 acres lot.

Agent Description

Prime Commercial Property Near Downtown - 10 Bedrooms, 8 Baths, Over 3,000 Sq. Ft. Exceptional opportunity to own or invest in a spacious commercial building offering over 3,000 square feet on a 0.27-acre lot, ideally located just minutes from Downtown, major shopping centers, and the hospital.

This versatile property features 10 bedrooms and 8 baths, ready to adapt to a variety of commercial or mixed-use purposes. The layout allows for private offices, client suites, or guest accommodations, complemented by generous common areas and potential on-site parking.

The building's solid structure and flexible floorplan make it an excellent fit for professional offices, medical or wellness practices, boutique lodging, or assisted living. With its high-visibility location, convenient access, and ample surrounding amenities, this property offers the perfect balance of functionality and growth potential.

Highlights: 3,000+ sq. ft. commercial building 10 bedrooms / 8 bathrooms 0.27-acre lot with expansion or parking potential Minutes from Downtown, hospital, and shopping Ideal for office, medical, hospitality, or mixed-use Don't miss this rare opportunity to establish your business in one of the area's most convenient and thriving locations. Listing is for Both Properties 722 Martin Luther King & 722 1/2 MLK

Key Features

  • Built in 1998
  • 0.27 acre lot

Property Details

1998

Amenities

A/C

Monthly Cost Estimate

$3,476/mo

20% down · 6.5% · 30 years

Principal$470
Interest$2,817
Insurance$190

Estimates only. Actual payments may vary.

Location

722 N Martin Luther King Junior Boulevard

Panama City, FL 32401

[No Recorded Subdiv]

Property Details

Construction

Brick Block

Cooling

Ceiling Fan(s)

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 722 N Martin Luther King Junior Boulevard is listed at $650,000 ($210/sqft). The estimated monthly payment is $2,817 based on 20% down at 6.5% interest.

Key features include: Built in 1998, 0.27 acre lot.

This property is listed by Will Pender and can be reached at 8503583610 or wilbertpender@kw.com.

WP

Will Pender

Agent at Keller Williams Success Realty

(850) 358-3610

Listed by Keller Williams Success Realty

MLS# 787447· Source: listhub· Updated 68 days ago

Copyright © 2026 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

722 N Martin Luther King Junior Boulevard, Panama City, FL 32401

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