Property Attributes
- MLS#771397
- TypeSingle Family
- Listing Status Active
- CountyBay
- CityPanama City
- Area02 - Bay County - Central
- NeighborhoodBayview Add
- Zip32405
- Style
- Year Built2016
- Price$ 550,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage3476
- Lot Size0.2 Acres
Data Source:
Central Panhandle Association of REALTORS® (CPAR)
Property Description
MAJOR PRICE IMPROVEMENT -- NOW OFFERED AT $550,000! This modern 3,476 SF professional office building, built in 2016, presents an exceptional opportunity for business owners and investors seeking a flexible, move-in-ready commercial property in central Panama City. The highly functional layout features 10 private offices, 2 kitchens, 2 bathrooms, a potential laundry area, and a large rear storage space, providing versatility for professional services, medical users, executive suites, co-working, or other permitted uses. A sound and security camera system is installed throughout. With a significantly improved price, this property offers tremendous potential for an owner-user looking to build equity rather than lease, or an investor seeking a value-add opportunity through individual office or whole-building lease-up. Additional opportunity: The adjacent property at 1808 Brown Avenue is also available for purchase, offering additional parking, flexible office or residential space, and existing rental income potential--creating the option for a unique multi-property professional campus. Conveniently located in central Panama City with easy access to major roadways, medical facilities, and professional services. At $550,000, this is an opportunity worth a closer look.
| Elementary School | Middle School | High School |
|---|---|---|
| Lucille Moore Elementary School | Jinks Middle School | Bay High School |
| Price History | |
|---|---|
| 9/8/2025 | Listed $679,000 |
| 11/28/2025 | 7$629,000 |
| 3/20/2026 | 5$599,000 |
| 6/10/2026 | 2$589,000 |
| 8/12/2026 | 7$550,000 |
General Features
| Property Subtype | Office |
|---|---|
| County | Bay |
| Property Type | CommercialSale |
| HOA | false |
| Subdivision Name | Bayview Add |
| Special Listing Conditions | ListedAsIs |
| Status | Active |
| Directions | Take Hwy 98 East over the Hathaway Bridge. Turn left on Brown Ave and building will be on the right just past the Meyers building. |
| High School | Bay |
| City | Panama City |
| MLS Area | 02 - Bay County - Central |
| Lot Size Units | Acres |
| Lot Size Square Feet | 8712 |
| Elementary School | Lucille Moore |
| Middle/Junior High School | Jinks |
| MLS Area Minor | 0203 - Bay - Central SW |
| Standard Status | Active |
| Property Sub Type Additional | Office |
| Possible Use | Commercial |
| Occupancy Type | Vacant |
| Year Built | 2016 |
Exterior Features
| Lot Size Area | 0.2 |
|---|---|
| Lot Size Acres | 0.2 |
| Building Area Total | 3476 |
| Waterfront Y/N | false |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Listing data provided by: Central Panhandle Association of Realtors (CPAR)
Information deemed reliable but not guaranteed. The information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.