6 Beds
2 Baths
1,796 SqFt
6 Beds
2 Baths
1,796 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,796 sqft
Price per Sqft $180
Subdivision Magnolia Terrace
MLS Listing ID 794239
Style Other
Bedrooms 6
Full Baths 1
Half Baths 1
HOA Y/N No
Year Built 1940
Annual Tax Amount $3,172
Tax Year 2025
Lot Size 6,969 Sqft
Acres 0.16
Property Sub-Type Single Family Residence
Property Description
Located just minutes from Downtown Panama City, this approximately 1,900-square-foot commercial property offers six existing offices, two bathrooms, ample on-site parking, and a flexible layout that lends itself well to a future residential and commercial mixed-use concept, subject to applicable zoning and approvals.
Rather than commuting across town, imagine operating your business from the same property you call home. The existing configuration provides the ability to maintain dedicated professional office space while creating a private residential component, making this an especially attractive opportunity for business owners, professionals, investors, or entrepreneurs.
Why 1148 Jenks Ave Stands Out
Central Panama City Location
Jenks Avenue provides convenient access to Downtown Panama City, major roadways, restaurants, professional services, and surrounding residential neighborhoods. It offers the accessibility of a commercial corridor while remaining close to the city's historic downtown core.
Live Where You Work Potential
The property's size and existing room configuration create an excellent foundation for a combined residence and workplace. A future owner could potentially create private living quarters while maintaining separate offices, meeting rooms, or client-facing business space.
Six Existing Offices
The existing six-office layout provides considerable flexibility. Spaces could be utilized for private offices, bedrooms, conference rooms, studios, treatment rooms, creative spaces, or other uses depending on the future design.
Two Bathrooms
Having two existing bathrooms provides another advantage when planning separate residential and business areas within the property.
Income-Producing Property
The building is currently tenant-occupied and generating income, giving an investor the ability to benefit from existing cash flow while considering future redevelopment or owner occupancy.
Ample On-Site Parking
Dedicated parking is a major benefit for any live/work property, particularly for an owner who intends to continue operating a professional business from the building.
Flexible Long-Term Investment
The property offers multiple potential paths: continue operating it as an income-producing commercial property, occupy it for your own business, or explore transforming it into a distinctive residential mixed-use property.
Ideal for Entrepreneurs and Professionals
This type of property could be particularly appealing to attorneys, real estate professionals, designers, accountants, consultants, medical or wellness professionals, creatives, or small-business owners who want their home and business operations under one roof.
1148 Jenks Ave is more than simply office space. It is an opportunity to create a unique urban live/work property in the center of Panama City, combining convenience, business functionality, income potential, and future flexibility in one location.
Any residential conversion, mixed-use configuration, or change of use would be subject to applicable zoning, building-code requirements, and governmental approvals.
Location
State FL
County Bay
Community Short Term Rental Allowed
Area 02 - Bay County - Central
Interior
Fireplace No
Exterior
Community Features Short Term Rental Allowed
Utilities Available Cable Connected
Private Pool No
Building
Sewer Public Sewer
Architectural Style Other
New Construction No
Schools
Elementary Schools Cherry Street
Middle Schools Jinks
High Schools Bay
Others
Restrictions Short Term Rentals Allowed
Tax ID 18510-010-000
Nearby Locations
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