Property 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.
Room Sizes
Office: 0 X 0 Level - First
Office: 0 X 0 Level - First
Bedroom: 0 X 0 Level - First
Full Bath: 0 X 0 Level - First
Bedroom: 0 X 0 Level - First
Bedroom: 0 X 0 Level - First
1148 Jenks Avenue | MLS# 794239
This single family home located at 1148 Jenks Avenue, Panama City, FL 32401 is currently listed for sale with an asking price of $320,000. This property was built in 1940 and has 6 bedrooms and 1 full and 1 partial baths with 1796 sq. ft. Jenks Avenue is located in the Magnolia Terrace subdivision. Search Magnolia Terrace real estate on www.realtymark.net today.