1000 Mckenzie Avenue, Panama City, FL 32401

Local realty services provided by:Better Homes and Gardens Real Estate Thomas Group
1000 Mckenzie Avenue,Panama City, FL 32401
$229,999
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  • 4 Beds
  • 2 Baths
  • 2,860 sq. ft.
  • Single family
  • Active
Listed by: ronald ryder
Office: richard peters realty llc.
MLS#:TB8378144
Source:MFRMLS

Price summary

  • Price:$229,999
  • Price per sq. ft.:$77.18

About this home

Turnkey Investor Dream! Massive 4-Bedroom, 2-Bathroom Group Home in Prime Panama City Location – Long-Term Leaseback, Instant Cash Flow, and Government-Paid Tenants! <HIGHEST & BEST BY 11/30/2025> This is the ultimate headache-free investment opportunity! This beautifully maintained 4-bedroom, 2-bathroom brick home is already operating as a licensed group home for mentally disabled individuals—with government-backed tenants and a seller ready to lease the property back long-term. Whether you're looking for stable, immediate cash flow or a secure place to park your capital, this one checks every box. Sprawling nearly 3,000 square feet and sitting on an expansive lot in one of

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Home facts

  • Year built:1945
  • Listing ID #:TB8378144
  • Added:203 day(s) ago
  • Updated:November 15, 2025 at 12:56 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Full bathrooms:2
  • Living area:2,860 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central, Electric

Structure and exterior

  • Roof:Shingle
  • Year built:1945
  • Building area:2,860 sq. ft.
  • Lot area:0.87 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$229,999
  • Price per sq. ft.:$77.18
  • Tax amount:$3,852 (2024)
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