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$340,000
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Property Description
Property Type: Commercial Office Location: 1148 Jenks Ave, Panama City, FL 32401 Square Footage: 1900 Zoning: Commercial Income-Producing: Yes Offices: 6 Bathrooms: 2 This prime commercial office space located in the heart of Panama City presents a fantastic investment opportunity. Positioned at 1148 Jenks Ave, this property is not only well-maintained but is also income-producing, with established tenants providing consistent cash flow. Property Features: Spacious office layout designed for a variety of professional uses Ample on-site parking available for both tenants and clients Convenient access to major roads and downtown Panama City Attractive, well-maintained exterior and professional curb appeal Investment Highlights: Income-Producing: Leased by reliable tenants, this property offers an immediate revenue stream. Prime Location: Centrally located in Panama City's business district, making it desirable for current and future tenants. Growth Potential: As the city continues to expand and develop, the value of this property is poised for appreciation, offering long-term investment potential. This commercial office building is an excellent turnkey investment for anyone looking to add a hassle-free, income-generating property to their portfolio. Don't miss out on this opportunity to own a valuable piece of real estate in Panama City's growing market!
Full Property Details
Full Property Details for 1148 Jenks Ave
General
- Price: $340,000
- Status: Active
- Type: Office
- Source: Bay_County
- MLS ID: 764111
- Updated: 2/1/2026
- Added to Site: 497 day(s) ago
Location
- County: Bay
- Subdivision: No Named Subdivision
- Driving Directions: From 23rd, South on Jenks Ave one Block North of 11th Street on Left.
School Information
- Elementary School: Cherry Street
- Middle School: Jinks
- High School: Bay
Community
- Community Name: 02 - Bay County - Central
Structural Information
- Year Built: 1940
Lot Features
- Lot Size (Acres): 0.16
- Lot Size (Sq. Ft.): 6,969.6
- Lot Size: .16
- Zoning: Commercial, Business, General Commercial, Office/Prof
Disclosures and Reports
- Legal Description: MAGNOLIA TERRACE LOTS 31, 32 & S 2' LOT 30 BLK 2 ORB 4358 P 1676 MAP 92A1
- Property ID: 18510-010-000
Listed by Hitchcock Real Estate LLC
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Schools
Schools serving 1148 Jenks Ave
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Merriam Cherry Street Elementary School 1125 Cherry Street, Panama City, FL 32401 | PK-5 | 1.8 mi |
Jinks Middle School 600 West 11th Street, Panama City, FL 32401 | 6-8 | 0.4 mi |
Bay High School 1200 Harrison Avenue, Panama City, FL 32401 | 9-12 | 0.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1148 Jenks Ave
Date
Details
Price
Change
Source
2/01/2026
Price Reduced
$340,000
-1.45%
MLS
1/26/2026
Price Reduced
$345,000
-1.15%
MLS
12/29/2025
Price Reduced
$349,000
-0.29%
MLS
9/18/2025
Price Reduced
$350,000
-2.78%
MLS
9/14/2025
Price Reduced
$360,000
-1.37%
MLS
8/24/2025
Price Reduced
$365,000
-1.35%
MLS
6/16/2025
Price Reduced
$370,000
-1.33%
MLS
5/19/2025
Price Reduced
$375,000
-1.32%
MLS
4/21/2025
Price Reduced
$380,000
-1.3%
MLS
4/15/2025
Price Reduced
$385,000
-1.28%
MLS
4/09/2025
Price Reduced
$390,000
-1.27%
MLS
4/01/2025
Price Reduced
$395,000
-1.25%
MLS
10/22/2024
Listed
$400,000
85.19%
MLS
1/25/2021
Sold
$216,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1148 Jenks Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,985
-6%
$189,021
—
2024
$3,168
-8%
$189,066
-1%
2023
$3,453
8%
$190,401
—
2022
$3,203
57%
$191,196
62%
2021
$2,039
—
$117,850
18%
2021
$2,039
33%
$99,548
5%
2019
$1,533
-18%
$94,868
-23%
2018
$1,878
—
$123,999
-1%
2017
$1,878
-4%
$125,282
-2%
2016
$1,961
-5%
$127,849
-2%
2015
$2,056
-1%
$130,416
-2%
2014
$2,076
7%
$132,748
-1%
2013
$1,940
—
$134,032
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1148 Jenks Ave
1148 Jenks Avenue, Panama City, FL 32401 (MLS# 764111) is a Office property. 1148 Jenks Avenue is currently listed for $340,000 and was received on October 22, 2024. Want to learn more about 1148 Jenks Avenue? Do you have questions about finding other Office real estate for sale in Panama City? You can browse all Panama City real estate or contact a Coldwell Banker agent to request more information.

