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    416 Jenks Ave Panama City, FL 32401

    Under Contract
    For Sale
    $525,000

    Improved Commercial - Panama City, FL

    Property size:
    2,784 SF
    Lot size:
    0.26 Acres
    Days on Market:
    78
    Last Refresh:
    Dec 10 at 7:06 am

    Property Features for 416 Jenks Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active Under Contract
    APN
    19592-000-000
    Size
    2,784 SF
    Lot size
    0.26 Acres

    Building Details

    Year built
    1952
    Architectural style
    Other

    NAI TALCOR (850) 229-6373

    Listing agent Wendy Partie (850) 249-2879

    Listing date Sep 24, 2025

    MLS# 321063 Listing URL

    Copyright © 2025 Forgotten Coast Realtor Association. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Building in Historic Downtown

    This is a versatile, free-standing commercial building with approximately 2700 square feet of space, situated on a 0.257-acre lot. It features an on-site parking lot and is located in the historic downtown area of Panama City, Florida. The property is conveniently located within walking distance of Hotel Indigo, various local dining establishments, retail shops, galleries, area attractions, and numerous business offices. The interior is in second-generation shell condition, requiring build-out to suit specific needs. The property is located at 416 Jenks Ave, Panama City, FL 32401.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    St Andrew Bay ... Real Estate Agency

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Spa & Massage Law Firm Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Panama City
    County
    Walton
    State
    Florida
    Longitude
    -85.6623637
    Latitude
    30.1562042

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    FAQs

    What type of property is this?
    Commercial land - Free-standing commercial building in historic downtown Panama City, Florida.
    Where is this commercial land located?
    The property is located at 416 Jenks Ave Panama City, FL.
    What is the asking price?
    The asking price for this property is $525,000.
    What are key features of this property?
    This property features: - Freestanding commercial building in historic downtown Panama City.; - Approximately 2700 SF of versatile space.; - Benefit from the on-site parking lot.
    (850) 249-2879
    Request Owner's contact information
    416 Jenks Ave Panama City, FL 32401
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    Panama City, FL 32401
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    416 Jenks Ave Panama City, FL 32401
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