612 Mckenzie Avenue, Panama City, FL 32401

Local realty services provided by:Better Homes and Gardens Real Estate Historic
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612 Mckenzie Avenue,Panama City, FL 32401
$499,000
  • 0.7 Acres
  • Lots / Land
  • Active
Listed by:elaine g fenster
Office:coldwell banker realty
MLS#:761477
Source:FL_BCMLS

Price summary

  • Price:$499,000

About this home

612 McKenzie Ave is a large valuable commercial investment property located inside the downtown district of Panama City. Zoned commercial DTD, which aligns with the vision of redevelopment and vitality in the downtown area and allows for many different commercial or residential uses. If you are an investor looking to invest in the growth of the downtown district this property can be developed and used as single or multi-family structures, bars and restaurants, professional offices, open air retail space, cafes and lounges, and specialty food stores to name a few of the choices that encourage and promote economic growth in the City. This property is also located in an 'Opportunity Zone- which allows for favorable federal tax capital gains treatment.' Location is the key for this oversized lot as it is perfectly situated close to the hub of Panama City. This .70-acre piece of property is strategically situated near the corner of 6th Street and McKenzie Ave. The revitalization that is

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Home facts

  • Listing Id #:761477
  • Added:362 day(s) ago
  • Updated:August 02, 2025 at 02:25 PM

Structure and exterior

  • Lot area:0.7 Acres

Schools

  • High school:Bay
  • Middle school:Jinks
  • Elementary school:Cherry Street

Utilities

  • Water:Public, Water Available
  • Sewer:Water Available

Finances and disclosures

  • Price:$499,000
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