1806&1808 Brown Avenue, Panama City, FL 32405 (MLS# 786852)

1806&1808 Brown Avenue, Panama City, FL 32405

$859,000

Property Type: Commercial for Sale Square Footage: 4,286 Lot Size (sq. ft.): 17,424 Status: Active

Current Price: $859,000 List Date: 3/15/2026 Last Modified: 6/10/2026

Overview

Description

🚨 PRICE REDUCED + $25,000 BUYER IMPROVEMENT ALLOWANCE! 🚨 Rare opportunity to acquire two contiguous GC-1 zoned properties in Panama City's Bayview Addition, now offered together at a newly reduced package price of $859,000. The seller is also offering a $25,000 credit at closing to assist with customization, reconfiguration, or tenant improvements, providing added flexibility for owner-users and investors alike. This unique assemblage combines a modern commercial building with an income-producing residential property, creating multiple income and use scenarios. 1806 Brown Ave features a 3,476 SF building constructed in 2016, offering flexible space suitable for a variety of commercial, professional, medical, salon, or service-based uses. 1808 Brown Ave, built in 2017, is a 2-bedroom, 1-bath residence currently tenant occupied, generating approximately $2,600 per month in rental income. The adjacent parcel also provides valuable additional parking for 1806 and includes a … (Read more)

Listing Details MLS# 786852

Contract Info

List Price/SqFt: 200.42
Sub-Type: Other

Location

Area: 02 – Bay County – Central
Street #: 1806&1808
Street Name: Brown
Street Suffix: Avenue
State: FL
Zip Code: 32405
County: Bay
Sub Area: 0203 – Bay – Central SW
Subdivision: Bayview Add
Community/Resort: Bayview Heights
Waterfront: No
Parcel ID: 28268-000-000 & 28269-000-000
Elementary School: Lucille Moore
Middle School: Jinks
High School: Bay
Directions: Take Hwy 98 east over the bridge and turn left on Brown Ave. The office building will be first and the parking lot and SFH is next door
Legal Description: BAYVIEW ADD LOT 14 BLK 10 ORB 3633 P 1369

General Property Info

List Class: Other
Immediate Occupancy: Yes
Construction Status: Construction Complete
Acreage: 0.4
SqFt Tot Bldg: 4286
Year Built: 2016

Listing Info, Tax and Legal

HOA Fee: No

Remarks & Misc

Remarks: 🚨 PRICE REDUCED + $25,000 BUYER IMPROVEMENT ALLOWANCE! 🚨 Rare opportunity to acquire two contiguous GC-1 zoned properties in Panama City's Bayview Addition, now offered together at a newly reduced package price of $859,000. The seller is also offering a $25,000 credit at closing to assist with customization, reconfiguration, or tenant improvements, providing added flexibility for owner-users and investors alike. This unique assemblage combines a modern commercial building with an income-producing residential property, creating multiple income and use scenarios. 1806 Brown Ave features a 3,476 SF building constructed in 2016, offering flexible space suitable for a variety of commercial, professional, medical, salon, or service-based uses. 1808 Brown Ave, built in 2017, is a 2-bedroom, 1-bath residence currently tenant occupied, generating approximately $2,600 per month in rental income. The adjacent parcel also provides valuable additional parking for 1806 and includes a detached garage suitable for office, storage, workshop, or flex space. Together, the properties create a rare opportunity for a business owner seeking a professional campus environment or an investor looking for in-place income and future upside.

More Information

Sale Type

As Is: Yes

Floors in Unit/Home

Multi/Split: Yes

Property Features

Sale Type: As Is

Listing Office: Luxe Coastal Realty Group LLC

Last Updated: June – 10 – 2026

Information deemed reliable but not guaranteed.