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Income-Producing Office Building
For Sale
$315,000

1148 Jenks Avenue, Panama City, FL 32401

CommercialSale, Panama City, FL

Property Size1,868 SF
Lot Size0.16 Acres
Price / SF$168.63
Days on Market719

Property Features for 1148 Jenks Avenue

General Information

Property type Commercial Sale
Property subtype Office
Zoning description Commercial, Business, General Commercial, Office/Prof
Subdivision No Named Subdivision
Elementary school Cherry Street
Middle school Jinks
High school Bay
Directions From 23rd, South on Jenks Ave one Block North of 11th Street on Left.
Standard status Active
APN 18510-010-000
Size 1,868 SF
Lot size 0.16 Acres

Taxes and HOA fees

Tax Description MAGNOLIA TERRACE LOTS 31,32 & S 2' LOT 30 BLK 2 ORB 4358 P 1676 MAP 92A1
Legal Description MAGNOLIA TERRACE LOTS 31,32 & S 2' LOT 30 BLK 2 ORB 4358 P 1676 MAP 92A1

Building Details

Year built 1940
Listing Agency: Hitchcock Real Estate LLC
Listed By: Brenton Hitchcock
Added: Oct 22, 2024 Changed: Sep 10 Last Checked: Oct 10 at 3:06AM
MLS# 764111

Copyright © 2026 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This commercial office building at 1148 Jenks Avenue includes six offices and two bathrooms within a practical layout for professional occupancy. The property is income-producing, with established tenants already in place, and includes on-site parking for occupants and visitors. Built in 1940, the building has a maintained exterior and professional presentation.

The property is positioned in Panama City, near downtown and major roads. It carries commercial zoning and occupies a 0.16-acre lot in ZIP Code 32401. The existing office configuration and current tenancy provide a straightforward commercial ownership profile.

Key Highlights

  • Income‑producing office property with established tenants
  • Six offices and two bathrooms
  • 0.16‑acre lot in Panama City, FL 32401

Property Analytics

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Current Use

Hitchcock Properties Real ... Real Estate Agency Barbara Ann Maxwell, ... Foster Care Service

Suggested Use

Top Pick Garden Center (Bike/Boat/Book/etc) Store Florist Locksmith Bakery Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,287
Businesses Nearby

Demographics for 32401, FL

20,487
Population
10,239
Households
2
Avg Household Size
42
Median Age
20%
College-Educated
86%
High-School Grad
12.5 sq mi
ZIP Area
1,639
Density / Sq Mi
$49,901
Median Household Income
$35,885
Median Earnings
$1,194
Median Rent
$207,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Established tenants occupy a six-office commercial property with on-site parking and access to major roads.
Where is this office building located?
The property is located at 1148 Jenks Avenue Panama City, FL.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: Income‑producing office property with established tenants; Six offices and two bathrooms; 0.16‑acre lot in Panama City, FL 32401
More about this property
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