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Street View
$315,000
Monthly Est:$1,568
6 Beds
- 2 Baths
1 full bath + 1 half bath
1,796sqft
1148 Jenks Ave, Panama City, FL 32401
$315,000
$1,568/moEst:
Get Pre-Approved
Single Family Residence
Built in 1940
$-- HOA
0.16 acre lot
$175/sq.ft
Description
1148 Jenks Ave presents a unique opportunity in the heart of Panama City for an owner, investor, or entrepreneur looking to create a true live where you work property.
Located just minutes from Downtown Panama City, this approximately 1,900-square-foot commercial property offers six existing offices, two bathrooms, ample on-site parking, and a flexible layout that lends itself well to a future residential and commercial mixed-use concept, subject to applicable zoning and approvals.
Rather than commuting across town, imagine operating your business from the same property you call home. The existing configuration provides the ability to maintain dedicated professional office space while creating a private residential component, making this an especially attractive opportunity for business owners, professionals, investors, or entrepreneurs.
Why 1148 Jenks Ave Stands Out
Central Panama City Location
Jenks Avenue provides convenient access to Downtown Panama City, major roadways, restaurants, professional services, and surrounding residential neighborhoods. It offers the accessibility of a commercial corridor while remaining close to the city's historic downtown core.
Live Where You Work Potential
The property's size and existing room configuration create an excellent foundation for a combined residence and workplace. A future owner could potentially create private living quarters while maintaining separate offices, meeting rooms, or client-facing business space.
Six Existing Offices
The existing six-office layout provides considerable flexibility. Spaces could be utilized for private offices, bedrooms, conference rooms, studios, treatment rooms, creative spaces, or other uses depending on the future design.
Two Bathrooms
Having two existing bathrooms provides another advantage when planning separate residential and business areas within the property.
Income-Producing Property
The building is currently tenant-occupied and generating income, giving an investor the ability to benefit from existing cash flow while considering future redevelopment or owner occupancy.
Ample On-Site Parking
Dedicated parking is a major benefit for any live/work property, particularly for an owner who intends to continue operating a professional business from the building.
Flexible Long-Term Investment
The property offers multiple potential paths: continue operating it as an income-producing commercial property, occupy it for your own business, or explore transforming it into a distinctive residential mixed-use property.
Ideal for Entrepreneurs and Professionals
This type of property could be particularly appealing to attorneys, real estate professionals, designers, accountants, consultants, medical or wellness professionals, creatives, or small-business owners who want their home and business operations under one roof.
1148 Jenks Ave is more than simply office space. It is an opportunity to create a unique urban live/work property in the center of Panama City, combining convenience, business functionality, income potential, and future flexibility in one location.
Any residential conversion, mixed-use configuration, or change of use would be subject to applicable zoning, building-code requirements, and governmental approvals.
- Houzeo last checked: 4 hours ago
- Listing updated: September 10, 2026 at 5:59 pm
- Listing Provided by: Brenton Hitchcock (850) 738-5002 | Hitchcock Real Estate LLC (850) 481-0095
- Source: Bay/Panama City/Central Panhandle MLS-FL | MLS#: 794239

Property Details
Status
Active
Type
Single Family Residence
No. of Stories
-
County
City
Neighborhood
--
Year Built
1940
HOA Fees
-
Finished Area
1,796 sqft
Lot Size
0.16 acre lot
Basement Area
- sqft
MLS Name
Bay/Panama City/Central Panhandle MLS
MLS Number
794239
MLS Status
Active
Days on Market
51
Cumulative Days on Market
23

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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 6
Bathrooms: 2
Office
Level: First
Area: 0.00 Square Feet
Dimensions: 0 x 0
Office
Level: First
Area: 0.00 Square Feet
Dimensions: 0 x 0
Bedroom
Level: First
Area: 0.00 Square Feet
Dimensions: 0 x 0
FullBath
Level: First
Area: 0.00 Square Feet
Dimensions: 0 x 0
Bedroom
Level: First
Area: 0.00 Square Feet
Dimensions: 0 x 0
Bedroom
Level: First
Area: 0.00 Square Feet
Dimensions: 0 x 0
Interior
Sewer
Public Sewer
Construction
Year Built
Year Built: 1940
Home type
Single Family Residence
Architectural Style
Other
Utilities & Energy
Utilities
Cable Connected
Other Features
Community Features
Short Term Rental Allowed
Subdivision Name
Magnolia Terrace
Price History
| Date | Event | Price |
|---|---|---|
08/26/2026 Source: | Price Increased | $320,000 +1.59% $171/sqft |
08/18/2026 Source: | Price Decreased | $315,000 -3.08% $169/sqft |
07/30/2026 Source: | Price Decreased | $325,000 -1.52% $174/sqft |
06/25/2026 Source: | Price Decreased | $330,000 -1.49% $177/sqft |
06/16/2026 Source: | Price Decreased | $335,000 -1.18% $179/sqft |
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Based on information from Central Panhandle Association of REALTORS® MLS through Oct 09, 2026, 02:30PM. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2026 Bay Central Panhandle Association of REALTORS®
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