2420 Jenks Avenue, Panama City, FL 32405 (MLS# 787317)

2420 Jenks Avenue, Panama City, FL 32405

$4,000,000

Property Type: Commercial for Sale Square Footage: 22,000 Lot Size (sq. ft.): 116,741 Status: Active

Current Price: $4,000,000 List Date: 3/24/2026 Last Modified: 3/24/2026

Overview

Description

2420 Jenks Avenue offers investors the opportunity to acquire a fully leased commercial property in Panama City, Florida. The asset consists of approximately ±22,000 square feet across three buildings situated on two parcels (Bay County Parcel ID’s 13016-122-000 and 13016-122-070). The improvements include two buildings totaling ±8,000 RSF each and one building of approximately ±6,000 RSF. The property is currently 100% leased, providing immediate in-place income. Recent capital improvements include new roofs installed in 2022. The property is being offered at an 8.63% cap rate and owner financing is available. 2420 Jenks Avenue is located in a well-established commercial corridor in Panama City with convenient access to surrounding business districts and major transportation routes.

Listing Details MLS# 787317

Contract Info

List Price/SqFt: 181.82
Sub-Type: Office

Location

Area: 02 – Bay County – Central
Street #: 2420
Street Name: Jenks
Street Suffix: Avenue
State: FL
Zip Code: 32405
County: Bay
Sub Area: 0204 – Bay – Central NW
Subdivision: [No Recorded Subdiv]
Community/Resort: None
Waterfront: No
Parcel ID: 13016-122-000
Elementary School: Hiland Park
Middle School: Jinks
High School: Bay
Directions: Just off the northeast corner of Jenks Ave and 23rd St.
Legal Description: 29 3S 14W -19.22- 91A ST AND BAY DEV CO PLAT BEG 210.3' S OF INTER OF E R/W JINKS AVE & N LINE LOT 111 FOR POB TH CONT S 124.99' E 225' S 105' W 225' S 25' E 250' SELY 141.71' NELY 76.24' NELY 48.88' SELY 0.81' N 231.51' W 513.58' TO POB BEING PART O F LOTS 111 & 114 ORB 1935 P 1798 LESS -19.22H-

General Property Info

List Class: Commercial
Construction Status: Construction Complete
# of Stories in Building: Yes
Acreage: 2.68
SqFt Tot Bldg: 22000
Year Built: 2007

Listing Info, Tax and Legal

HOA Fee: No

Remarks & Misc

Remarks: 2420 Jenks Avenue offers investors the opportunity to acquire a fully leased commercial property in Panama City, Florida. The asset consists of approximately ±22,000 square feet across three buildings situated on two parcels (Bay County Parcel ID's 13016-122-000 and 13016-122-070). The improvements include two buildings totaling ±8,000 RSF each and one building of approximately ±6,000 RSF. The property is currently 100% leased, providing immediate in-place income. Recent capital improvements include new roofs installed in 2022. The property is being offered at an 8.63% cap rate and owner financing is available. 2420 Jenks Avenue is located in a well-established commercial corridor in Panama City with convenient access to surrounding business districts and major transportation routes.

More Information

Energy

AC – 2 or More: Yes

Utilities

All Maintenance: Yes

Floors in Unit/Home

One: Yes

Heating/Cooling

AC – Central: Yes

Transport. Access

4-Lane: Yes

Property Features

Energy: AC – 2 or More Utilities: All Maintenance

Listing Office: NAI TALCOR

Last Updated: March – 24 – 2026

Information deemed reliable but not guaranteed.