1148 Jenks Avenue, Panama City, FL 32401 (MLS# 794239)

1148 Jenks Avenue, Panama City, FL 32401

New Listing

$325,000

Property Type: Residential Bedrooms: 6 Baths: 2 Square Footage: 1,796 Lot Size (sq. ft.): 6,970 Status: Active

Current Price: $325,000 List Date: 8/18/2026 Last Modified: 8/18/2026

Overview

Description

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 roadway … (Read more) 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 Details MLS# 794239

Contract Info

List Price/SqFt: 180.96

Location

Area: 02 – Bay County – Central
Street #: 1148
Street Name: Jenks
Street Suffix: Avenue
State: FL
Zip Code: 32401
County: Bay
Sub Area: 0203 – Bay – Central SW
Subdivision: Magnolia Terrace
Community/Resort: None
Waterfront: No
Parcel ID: 18510-010-000
Elementary School: Cherry Street
Middle School: Jinks
High School: Bay
Directions: head south on Jenks right before 11th on left.
Legal Description: MAGNOLIA TERRACE LOTS 31,32 & S 2' LOT 30 BLK 2 ORB 4358 P 1676 MAP 92A1

General Property Info

Sub-Type: Detached Single Family
Design: Other
Apx SqFt(Htd/Cooled): 1796
SqFt Source: Prop App Site
Full Baths: Yes
Half Baths: Yes
Total Baths: 2
Accessory Dwelling Unit: No
Year Built: 1940
Construction Status: Construction Complete
New Construction: No
Garage Y/N: No
Lot Dimensions: 50.0 ft x 140.0 ft
Acreage: 0.16
Lot Size (SqFt): 6970
Pool: No

Listing Info, Tax and Legal

HOA Fee: No
New Buyer Fee: No
Last Taxes: 3172.16
Last Tax Year: 2025
Brokerage Interest: Equitable Interest – Listing Broker/Salesperson has equitable interest in the property.

Remarks & Misc

Remarks: 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.

Office

First: Yes

More Information

Financing

Cash: Yes
Conventional: Yes

Furnished

Negotiable: Yes

Present Zoning

Commercial: Yes
Mixed Use: Yes
Office/Prof: Yes
Resid Single Family: Yes

Rooms

Bedroom: Yes
Full Bathroom: Yes
Office: Yes

Utilities

TV Cable: Yes
Electricity – Connected: Yes
Internet – Fiber Optic: Yes
Public Sewer – Connected: Yes
Public Water – Connected: Yes

Full Bathroom

First: Yes

Bedroom

First: Yes

Property Features

Full Bathroom: First Bedroom: First Financing: Cash; Conventional Furnished: Negotiable Office: First Rooms: Bedroom; Full Bathroom; Office Utilities: TV Cable; Electricity – Connected; Internet – Fiber Optic; Public Sewer – Connected; Public Water – Connected Present Zoning: Commercial; Mixed Use; Office/Prof; Resid Single Family

Room Information

Room Name	Level	Dimensions
Bedroom	First	0 x 0
Bedroom	First	0 x 0
Full Bathroom	First	0 x 0
Bedroom	First	0 x 0
Office	First	0 x 0
Office	First	0 x 0

Listing Office: Hitchcock Real Estate LLC

Last Updated: August – 18 – 2026

Information deemed reliable but not guaranteed.