430&432 McKenzie Avenue, Panama City, FL 32401
New Listing
$1,250,000
Property Type:
Commercial for Sale
Square Footage:
3,918
Lot Size (sq. ft.):
15,682
Status:
Active
Current Price:
$1,250,000
List Date:
10/14/2026
Last Modified:
10/14/2026
Overview
Description
…
(Read more)
WATERFRONT TWO STORY EXECUTIVE LAW OFFICE + 2 VACANT LOTS + BOATHOUSE with +/-200 FEET OF WATER FRONTAGE on Massalina Bayou. Located in the popular Historic Downtown District of Panama City, this property is a 1-2 minute walk to the Bay County Courthouse, and a 4 minute walk to Panama City’s Social District, where you will enjoy waterfront dining, brew pubs, cafes, boutiques, local art galleries, specialty shoppes, performing arts theaters, live events & music, antique shopping, seafood market, and more!
The 432 McKenzie Avenue professional building sits on the northernmost lot, with two adjoining vacant lots to the south. The vacant lots are currently being utilized as well-kept green space, with access to the boathouse built in 2020. The building itself encompasses +/- 4000 square feet with an additional 1000+ square feet of large waterfront balconies. As you pull into the paved lot, you will find plenty of parking leading up to this impressive two story building, with its southern architecture. The entrance is shaded by towering trees that frame and accent this charming property, which is all situated on the waters edge for maximized views of Massalina Bayou. As you enter through the rich wooden front door and into the spacious lobby, you will note the atmosphere is formal yet comfortably inviting. This large first level reception area is central to two private offices, two conference rooms, and multiple additional offices and areas for reception and administration. As you ascend the wide and well lit U-shaped staircase, the second level also consists of a spacious reception area, central to another 2 large private offices, a gorgeous law library, additional private areas and offices for administration and conference use, and a kitchen/break area as well. Both the first and second level have multiple big water views and accesses to the expansive waterfront balconies on each level. This property is the perfect combination of southern design, serene water views, and executive decor.
Whether you are looking for the perfect waterfront office space in a premium location with additional land, or considering an investment with possible incentives in an area that is quickly becoming a destination location, this could be the perfect property for you!
Property is being sold As-Is. Furnishings and contents may be negotiable at Seller’s discretion. Office is wheelchair accessible. Plenty of additional storage. There are currently hurricane shutters in place, so some photos feature virtually rendered views where the shutters currently block the windows and doors. Actual views and dimensions of windows and doors may slightly vary. Roof was replaced in 2018. Survey is available. All information is approximate and should be verified by Buyer if important.
Listing Details MLS# 796535
Contract Info
- List Price/SqFt
- 319.04
- Sub-Type
- Office
Location
- Area
- 02 – Bay County – Central
- Street #
- 430&432
- Street Name
- McKenzie
- Street Suffix
- Avenue
- State
- FL
- Zip Code
- 32401
- County
- Bay
- Sub Area
- 0203 – Bay – Central SW
- Subdivision
- No Named Subdivision
- Community/Resort
- None
- Waterfront
- Yes
- Parcel ID
- 19865-010-000, 19865-050-000, 19865-000-000
- Elementary School
- Cherry Street
- Middle School
- Jinks
- High School
- Bay
- Directions
- From the intersection of Beach Drive and W. 6th Street, follow 6th St East for .5mi. Turn right onto McKenzie Ave. Go .1mi, turn left onto E 5th St. Follow for 150 feet. Turn right onto McKenzie Ave. In 200 feet, property is on the left.
- Legal Description
- GCD PLAT LOT 11 & EXT OF LOT 11 TO BAYOU BLK 31 ORB 4481 P 1106, GCD PLAT LOT 10 BLK 31 ORB 4481 P 1106, GCD PLAT LOT 9 BLK 31 ORB 4481 P 1106
General Property Info
- List Class
- Commercial
- Immediate Occupancy
- Yes
- Construction Status
- Construction Complete
- Acreage
- 0.36
- SqFt Tot Bldg
- 3918
- Year Built
- 1990
Business Only
- Year Built
- 1990
- Building SqFt
- 3918
Listing Info, Tax and Legal
- HOA Fee
- No
More Information
Remarks & Misc
- Remarks
- WATERFRONT TWO STORY EXECUTIVE LAW OFFICE + 2 VACANT LOTS + BOATHOUSE with +/-200 FEET OF WATER FRONTAGE on Massalina Bayou. Located in the popular Historic Downtown District of Panama City, this property is a 1-2 minute walk to the Bay County Courthouse, and a 4 minute walk to Panama City's Social District, where you will enjoy waterfront dining, brew pubs, cafes, boutiques, local art galleries, specialty shoppes, performing arts theaters, live events & music, antique shopping, seafood market, and more! The 432 McKenzie Avenue professional building sits on the northernmost lot, with two adjoining vacant lots to the south. The vacant lots are currently being utilized as well-kept green space, with access to the boathouse built in 2020. The building itself encompasses +/- 4000 square feet with an additional 1000+ square feet of large waterfront balconies. As you pull into the paved lot, you will find plenty of parking leading up to this impressive two story building, with its southern architecture. The entrance is shaded by towering trees that frame and accent this charming property, which is all situated on the waters edge for maximized views of Massalina Bayou. As you enter through the rich wooden front door and into the spacious lobby, you will note the atmosphere is formal yet comfortably inviting. This large first level reception area is central to two private offices, two conference rooms, and multiple additional offices and areas for reception and administration. As you ascend the wide and well lit U-shaped staircase, the second level also consists of a spacious reception area, central to another 2 large private offices, a gorgeous law library, additional private areas and offices for administration and conference use, and a kitchen/break area as well. Both the first and second level have multiple big water views and accesses to the expansive waterfront balconies on each level. This property is the perfect combination of southern design, serene water views, and executive decor. Whether you are looking for the perfect waterfront office space in a premium location with additional land, or considering an investment with possible incentives in an area that is quickly becoming a destination location, this could be the perfect property for you! Property is being sold As-Is. Furnishings and contents may be negotiable at Seller's discretion. Office is wheelchair accessible. Plenty of additional storage. There are currently hurricane shutters in place, so some photos feature virtually rendered views where the shutters currently block the windows and doors. Actual views and dimensions of windows and doors may slightly vary. Roof was replaced in 2018. Survey is available. All information is approximate and should be verified by Buyer if important.
Energy
- AC – 2 or More
- Yes
- AC – Central Elect
- Yes
- Heat – Central Electric
- Yes
- Water Heater – Electric
- Yes
Other Structures
- Boat House
- Yes
Financing
- Cash
- Yes
- Conventional
- Yes
Present Zoning
- Other – See Remarks
- Yes
Association Amenities
- Dock
- Yes
Utilities
- All Utilities
- Yes
Waterview
- Bayou
- Yes
Accessibility Features
- Accessible Approach with Ramp
- Yes
- Accessible Entrance
- Yes
Sale Type
- As Is
- Yes
Waterfront Type
- Bayou w/ Gulf Access
- Yes
Waterfront Feature
- Shore – Seawall
- Yes
Business/Property
- Freestanding Building
- Yes
- Handicapped Access
- Yes
- Handicapped Facilities
- Yes
- Kitchen Area
- Yes
- Office Area
- Yes
- Restrooms – Private
- Yes
Floors in Unit/Home
- Two
- Yes
Offering Type
- Sale Only
- Yes
Site Description
- Survey
- Yes
Property Features
Accessibility Features:
Accessible Approach with Ramp; Accessible Entrance
Energy:
AC – 2 or More; AC – Central Elect; Heat – Central Electric; Water Heater – Electric
Financing:
Cash; Conventional
Offering Type:
Sale Only
Other Structures:
Boat House
Present Zoning:
Other – See Remarks
Sale Type:
As Is
Site Description:
Survey
Utilities:
All Utilities
Waterfront Type:
Bayou w/ Gulf Access
Waterfront Feature:
Shore – Seawall
Waterview:
Bayou
Listing Office:
World Impact Real Estate
Last Updated: October – 14 – 2026
Information deemed reliable but not guaranteed.