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

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 souther …

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.