Fantastic development opportunities with this large property on Massalina Bayou! Great location for this building in Historical Downtown Panama City. Overlooking a deepwater bayou, this was once an attorney's office and it's conveniently next to the Bay County Courthouse. The main building is a two-story with many offices, built-ins and even a walk-out basement! The second building is a quadplex which would make a rental investment. The bayou is deep water, ample depth for sailboats, trawlers, etc... You can put several docks there or one huge one! There is a drawbridge for tall vessels and masts so you can easily motor out into St Andrews Bay and the Gulf of Mexico. Properties are being sold AS-IS. All info is approx. and must be verified by Buyers if important.
Off market
Street View
Zestimate®
$935,200
236 McKenzie Ave, Panama City, FL 32401
2beds
8,952sqft
MultiFamily
Built in 1916
-- sqft lot
$935,200 Zestimate®
$104/sqft
$1,201 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced air
Cooling
- Other
Features
- Flooring: Tile, Other, Carpet, Linoleum / Vinyl
Interior area
- Total interior livable area: 8,952 sqft
Property
Parking
- Parking features: Garage - Detached
Features
- Exterior features: Other, Stucco, Cement / Concrete
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
Lot
- Size: 0.37 Acres
- Features: Waterfront
Details
- Parcel number: 19903000000
Construction
Type & style
- Home type: MultiFamily
Materials
- masonry
- Roof: Shake / Shingle
Condition
- Year built: 1916
Utilities & green energy
- Utilities for property: Electric, Public Sewer, Public Water
Community & neighborhood
Location
- Region: Panama City
Other
Other facts
- Energy: AC - Window/Wall
- Present Zoning: Commercial, Other - See Remarks
- Interior: Basement Finished, Inside Storage
- Utilities: Electric, Public Sewer, Public Water
- Lot Access: City Road
- Furnished: Furnished - None
- SqFt Source: Prop App Site
- Lot Features: Waterfront
- Occupancy Status: Vacant
- Rooms: Office, Other
- Office: 1st Floor, 2nd Floor
- Other: 1st Floor
- Waterview: Bayou
- Waterfront: Yes
- Waterfront Type: Bayou w/ Gulf Access
- List Type: Exclusive Right of Sale
- Dual/Variable Rate: Yes
- Trans Broker Comp Type: $
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$935,200
2% more+$18,704
With Zillow Showcase(estimated)$953,904