Address
1806 Brown Avenue, Panama City, FL
Price
$ 550,000
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

Property vs Single Family Average in 32405

Price
AVG $420K
$550K
Year Built
AVG 1995
2016

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