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$315,000

1148 Jenks Ave

Panama City, FL
Active
6
Bedrooms
1.5
Bathrooms
1,796
Square Feet
0.16
Lot Size (acres)
1940
Year Built
47
Days On Market

1148 Jenks Ave presents a unique opportunity in the heart of Panama City for an owner, investor, or entrepreneur looking to create a true live where you work property. 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.

Listing Information

Listing Updated
23 days ago
Listed By
Brenton Hitchcock, 8507385002 · Hitchcock Real Estate LLC, 8504810095
MLS#
794239
Source
Central Panhandle Association of REALTORS
Status
Active

Facts & Features

Location

Community Information

Address
1148 Jenks Ave, Panama City, FL 32401
City
Panama City
County
Bay
Neighborhood
Magnolia Terrace
Zip Code
32401

Architecture

Bedrooms
6
Bathrooms
1.5
Year Built
1940
Style
Other
Building Area
1,796 sq. ft.
Garage Spaces
0

Property Features

Lot Size
0.16 Acres
Sewer
Public Sewer
Utilities
Cable Connected
Zoning
Commercial, Office/Prof, Resid Single Family

Square Footage

Total
1,796 sq. ft.

Tax & Financial Information

List Price
$315,000
Annual Taxes
$3,172

Schools

100/100
Palm Bay Elementary School
Elementary · Grades KG–05 · 0.8 mi
City
Panama City
Students
375
Student body
60% White · 17% Black · 13% Two or More Races
Free/reduced lunch
63%
Phone
(850) 215-0770
100/100
Bay Virtual Franchise
7th & Above · Grades KG–12 · 0.9 mi
City
Panama City
Students
80
Student body
86% White · 9% Hispanic / Latino · 5% Black
Free/reduced lunch
11%
Phone
(850) 767-4460
75/100
Palm Bay Preparatory Academy 6-12
High · Grades 06–12 · 0.7 mi
City
Panama City
Students
125
Parent reviews
5.0★ avg · 1 review
Student body
74% White · 11% Hispanic / Latino · 9% Black
Free/reduced lunch
47%
Phone
(850) 215-0770
73/100
Amikids Maritime Academy
High · Grades 09–12 · 1.2 mi
City
Panama City
Parent reviews
5.0★ avg · 1 review
Phone
(850) 919-2213
56/100
Chautauqua Charter School
High · Grades 09–12 · 0.2 mi
City
Panama City
Students
47
Student body
72% White · 19% Black · 6% Hispanic / Latino
Free/reduced lunch
92%
Phone
(850) 785-5056
55/100
Bay Virtual Instruction Program
7th & Above · Grades KG–12 · 0.9 mi
City
Panama City
Students
54
Student body
91% White · 4% Hispanic / Latino · 4% Two or More Races
Free/reduced lunch
41%
Phone
(850) 747-4460
53/100
Bay High School
High · Grades 09–12 · 0.2 mi
City
Panama City
Students
1,296
Student body
53% White · 28% Black · 9% Hispanic / Latino
Free/reduced lunch
58%
Phone
(850) 767-4600
53/100
Bay Regional Juvenile Detention Center
7th & Above · Grades KG–12 · 0.5 mi
City
Panama City
Students
23
Student body
61% White · 22% Black · 9% Hispanic / Latino
Free/reduced lunch
61%
Phone
(850) 872-4706

School ratings are provided for informational purposes only and are subject to change. Attendance boundaries are for reference only — contact the school or district directly to verify enrollment eligibility.

Historical Data

Price History

DateEventPrice
08/18/2026Listed for sale$315,000

Listed by Brenton Hitchcock · Hitchcock Real Estate LLC · 8504810095

Listing information 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. Information deemed reliable but not guaranteed by the MLS. Copyright 2026, Central Panhandle Association of REALTORS. All rights reserved.

Last Updated: September 10, 2026 at 6:07 PM | Source: Central Panhandle Association of REALTORS | MLS#: 794239

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