For Sale
Single family home for sale at 1148 Jenks Ave, Panama City, FL 32401 | MLS# 794239 | Listing updated on 2026-09-10
Photo 1 of Single family home for sale at 1148 Jenks Ave, Panama City, FL 32401 | MLS# 794239 | Listing updated on 2026-09-10
Photo 2 of Single family home for sale at 1148 Jenks Ave, Panama City, FL 32401 | MLS# 794239 | Listing updated on 2026-09-10
Photo 3 of Single family home for sale at 1148 Jenks Ave, Panama City, FL 32401 | MLS# 794239 | Listing updated on 2026-09-10
Photo 4 of Single family home for sale at 1148 Jenks Ave, Panama City, FL 32401 | MLS# 794239 | Listing updated on 2026-09-10
9+
Beds Icon

Street View

$315,000

Monthly Est:$1,568

  • Beds Icon6 Beds
  • Beds Icon
    2 Baths
  • Beds Icon1,796sqft

1148 Jenks Ave, Panama City, FL 32401

$1,568/moEst:

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  • 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 Bay/Panama City/Central Panhandle MLS-FL

Property Details

  • Status

    Active

  • Type

    Single Family Residence

  • No. of Stories

    -

  • County

    Bay County

  • City

    Panama 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

DateEventPrice

08/26/2026

Source: mls_logoBay/Panama City/Central Panhandle MLS-FL #794239

Price Increased

$320,000 +1.59%

$171/sqft

08/18/2026

Source: mls_logoBay/Panama City/Central Panhandle MLS-FL #794239

Price Decreased

$315,000 -3.08%

$169/sqft

07/30/2026

Source: mls_logoBay/Panama City/Central Panhandle MLS-FL #764111

Price Decreased

$325,000 -1.52%

$174/sqft

06/25/2026

Source: mls_logoBay/Panama City/Central Panhandle MLS-FL #764111

Price Decreased

$330,000 -1.49%

$177/sqft

06/16/2026

Source: mls_logoBay/Panama City/Central Panhandle MLS-FL #764111

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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