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$1,100,000
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Property Description
Welcome to one of the most structurally impressive buildings in all of Bay County. The Mashburn Building was constructed entirely of poured concrete from foundation to roof, engineered with the strength and durability of a parking garage. In recent years, hundreds of thousands of dollars in additional steel reinforcement have been added to the structure, making it one of the strongest private buildings in the county. Now, the rooftop is ready for your big idea. The rooftop spans +/-6,000 square feet and includes two staircases and one elevator for easy access. The structure is strong enough to support multiple stories, allowing for additional concepts such as residential condos above a restaurant or bar. Preliminary concept plans have been developed for a rooftop restaurant and bar, and these are available for your use at no cost. They are designed to help you visualize the possibilities, though a licensed architect and structural engineer will need to finalize the plans to suit your concept. From this vantage point, you can take in one of the best views in the entire Florida Panhandle, a sweeping panorama that stretches from the Hathaway Bridge and Saint Andrews across downtown all the way to Thomas Drive, Front Beach Road, Tyndall Air Force Base, and Callaway. On a clear day, you can even see Tommy Oliver Stadium and Twenty Third Street. Photos simply cannot capture what it feels like to stand here in person. All major utilities required to operate a restaurant, bar, or additional residential units are already stubbed to the roof and ready for connection. There are no stormwater requirements, and no parking requirements are needed for this project. You can use the shared parking that downtown offers for you and your customers. A restaurant or bar here would be the crown jewel of our area. If executed with creativity and vision, this space could easily be featured in magazines across the southeast. This is your opportunity to create something iconic, an elevated destination that will redefine downtown Panama City's skyline and nightlife. The first floor commercial space is also listed for sale. See MLS #785003
Full Property Details
Full Property Details for 436 Harrison Ave #400
General
- Price: $1,100,000
- Status: Active
- Type: Retail
- Source: Bay_County
- MLS ID: 785006
- Updated: 2/10/2026
- Added to Site: 54 day(s) ago
Parking
- Parking Features: Paved
Location
- County: Bay
- Subdivision: No Named Subdivision
- Driving Directions: From 98 go South on Harrison Ave to Downtown Panama City, the Mashburn Building is on your left
School Information
- Elementary School: Cherry Street
- Middle School: Jinks
- High School: Bay
Community
- Community Name: 02 - Bay County - Central
- Association: Yes
Utilities
- Sewer: Public Sewer
- Utility Description: Natural Gas Available, Sewer Available
Structural Information
- Construction: Concrete
- Roof: Membrane
- Stories/Levels: 4
- Year Built: 1939
- Property Condition: Never Occupied
Lot Features
- Property View: Bay
- Lot Size (Acres): 0.15
- Lot Size (Sq. Ft.): 6,534
- Lot Size: .15
- Frontage: City Street
- Zoning: City, Other - See Remarks
Water Features
- Water Front: Yes
- Water View: Yes
Disclosures and Reports
- Special Conditions: Other
- Legal Description: GULF COAST DEV CO PLAT LOT 10 BLK 2 ORB 4632 P 12
- Property ID: 19553-000-000
Listed by Counts Real Estate Group Inc
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Schools
Schools serving 436 Harrison Ave #400
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Merriam Cherry Street Elementary School 1125 Cherry Street, Panama City, FL 32401 | PK-5 | 1.1 mi |
Jinks Middle School 600 West 11th Street, Panama City, FL 32401 | 6-8 | 1.1 mi |
Bay High School 1200 Harrison Avenue, Panama City, FL 32401 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 436 Harrison Ave #400
Date
Details
Price
Change
Source
2/10/2026
Listed
$1,100,000
-26.67%
MLS
11/16/2022
Sold
$1,500,000
—
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 436 Harrison Ave #400
Year
Property Taxes
Change
Tax Assessment
Change
2025
$27,897
-1%
$1,484,352
1%
2024
$28,068
19%
$1,466,606
19%
2023
$23,677
787%
$1,236,104
709%
2021
$2,670
-7%
$152,778
-8%
2022
$2,857
7%
$165,983
48%
2021
$2,670
35%
$112,037
9%
2019
$1,974
-14%
$102,984
-19%
2018
$2,300
1%
$126,769
—
2017
$2,276
8%
$126,769
10%
2016
$2,108
-1%
$114,953
2%
2015
$2,120
1%
$112,936
—
2014
$2,092
7%
$112,936
—
2013
$1,961
—
$112,936
—
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 436 Harrison Ave #400
436 Harrison Avenue #400, Panama City, FL 32401 (MLS# 785006) is a Retail property. 436 Harrison Avenue #400 is currently listed for $1,100,000 and was received on February 10, 2026. Want to learn more about 436 Harrison Avenue #400? Do you have questions about finding other Retail 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.

