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Office Suite with Bayou-View Porch

426 McKenzie Avenue, Panama City, FL 32401

For Lease
New
$2,800/Mo

CommercialLease, Panama City, FL

Space SizeContact for details
Days on Market2

Property Features for 426 McKenzie Avenue

General Information

Property type Commercial Lease
Property subtype Office
Subdivision [No Recorded Subdiv]
Elementary school Cherry Street
Middle school Jinks
High school Bay
Directions From the intersection of Old Business 98 and Magnolia Avenue go South on Magnolia Avenue, turn left on E 5th Street and then take a right on McKenzie Avenue and the building will be on your left.
Standard status Active
APN 19864-000-000

Taxes and HOA fees

Tax Description GCD PLAT LOTS 6,7,8 & TH N .4' OF E 34.5' OF TH W 46.5' OF LOT 5 BLK 31
Legal Description GCD PLAT LOTS 6,7,8 & TH N .4' OF E 34.5' OF TH W 46.5' OF LOT 5 BLK 31

Utilities

Sewer type Public Sewer
Cooling system Central Air
Water front 1
Listing Agency: Overstreet Realty
Listed By: Molly M Shores · License FL SL3464778
Added: Nov 9 Last Checked: Nov 10 at 9:06AM
MLS# 797637

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.

Rey
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Investment Insights

Based on property information with market context.

This renovated office suite is configured with three private offices and a reception area, plus a full-size kitchen and storage on the lower level. Central air serves the space, and a rear porch looks out over Massalina Bayou, offering an outdoor extension of the workspace.

The property is in downtown Panama City, within walking distance of the courthouse. Public sewer service is available.

Key Highlights

  • Three private offices with a reception area
  • Full‑size kitchen and downstairs storage room
  • Rear porch overlooking Massalina Bayou

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Office Units

Suggested Use

Top Pick Bakery Garden Center Grocery & Convenience Store Storage Facility Locksmith Catering Service

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

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,862
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

Lease Benchmarks for Panama City, FL

$18.37 /SF/Yr
Avg Asking Price
$1.53–$44.22 /SF/Yr
Price Range
36,354 SF
Avg Space Size

Average Price Trend$/SF/Yr for Office Units in Panama City, FL

$17.41 Jul
$18.38 Aug
$18.73 Sep
$18.48 Oct

Properties on Market for Office Units in Panama City

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Office unit - Renovated interior includes three private offices, a reception area, kitchen, and lower-level storage.
Where is this office unit located?
The property is located at 426 McKenzie Avenue Panama City, FL.
What is the lease rate?
The lease rate is $2,800/Mo.
What are key features of this property?
This property features: Three private offices with a reception area; Full‑size kitchen and downstairs storage room; Rear porch overlooking Massalina Bayou
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