612 Mc Kenzie Avenue

Panama City, FL 32401

$559,000
Price
30,492 / 0.7
Lot Size / Acres

Description

Significant price reduction! Priced to sell! 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,...Significant price reduction! Priced to sell! 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 currently taking place around this land makes it most desirable. Current growth within the proximity of 612 McKenzie Blvd includes some very favorable developments. Invest in the future of Downtown Panama City by acquiring this property as a commodity to be converted into cash flows and future wealth for your business. Property photos depict land when it was cleared.
  1. Listed by Elaine G Fenster • Coldwell Banker Realty

Property Details for 612 Mc Kenzie Avenue

Waterfront
No
Subdivision Name
No Named Subdivision
Zoning Description
Commercial,Resid Single Family
LISTING UPDATED: 11/06/2024 01:07 PM

Property Details for 612 Mc Kenzie Avenue

StatusActive
MLS #761477
Days on Market128
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Commercial
Year Built-
Lot Size0.70 AC
CountyBay County

Building Information for 612 Mc Kenzie Avenue

Lot Size0.70 AC

Property Information for 612 Mc Kenzie Avenue

Summary
Location and General Information
  • City: Panama City
  • County Or Parish: Bay
  • Directions: From Harrison Ave turn east on 6th St. and then turn left on Mc Kenzie Ave. Look for agent signs on your right.
  • Road Surface Type: Paved
  • Postal Code: 32401
  • Latitude: 30.159458
  • Longitude: -85.657921
  • State Or Province: FL
  • Road Frontage Type: City Street
  • MLS Area Major: 02 - Bay County - Central
  • MLS Area Minor: 0203 - Bay - Central SW
Taxes and HOA Information
  • Parcel Number: 19819-000-000
  • Association: No
  • Tax Legal Description: GCD PLAT MAP 105C2 LOT 23,24 & 25 LESS S 5' LOT 23 & LOTS 26, 27, 28 BLK 25 ORB 940 P 1467
School Information
  • Elementary School: Cherry Street
  • High School: Bay
  • Middle Or Junior School: Jinks
Property
Lot Information
  • Lot Size Acres: 0.7
  • Lot Size Square Feet: 30536.0
Property and Assessments
  • Property Condition: To Be Built
  • Human Modified: No
Utilities
  • Utilities: Electricity Available, Trash Collection, Water Available
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Community Features: Sidewalks

Property History for 612 Mc Kenzie Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 612 Mc Kenzie Avenue

Taxable ValueLand$65,424Additions$13,275Total$78,699
Tax Record2023$1,635 ($136 / month)
Home Facts
Beds1Total Finished SqFt956 SqFtAbove Grade Finished SqFt956 SqFtStories1Lot Size30,536 SqFtStyleSingle Family ResidenceYear Built1940ZoningPC10CountyBAYAPN19819-000-000

Schools near 612 Mc Kenzie Avenue

This home is within Bay.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Merriam Cherry Street Elementary School
PublicPK to 5

Jinks Middle School
Public6 to 8

Bay High School
Public9 to 12

AMIKIDS Maritime Academy
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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612 Mc Kenzie Avenue is a 0.7 ac of land for sale in Panama City, FL 32401. This property was listed for sale on August 17, 2024 by Coldwell Banker Realty, it's currently listed at $559,000. This listing's school district is Bay. Nearby schools include Merriam Cherry Street Elementary School, Jinks Middle School and Bay High School. 612 Mc Kenzie Avenue is a 0-bed, 0-bath, 0.7 ac of land on a 30,492 sq. ft. / 0.7 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Realty

The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Information deemed reliable but not guaranteed. Copyright© 2024 Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. All Rights Reserved.