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
Emerald Coast Association of REALTORS®, Inc. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers
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.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating