2420 Jenks Avenue, Panama City, FL 32405
$4,000,000
Property Type:
Commercial for Sale
Square Footage:
22,000
Lot Size (sq. ft.):
116,741
Status:
Active
Current Price:
$4,000,000
List Date:
3/24/2026
Last Modified:
3/24/2026
Description
2420 Jenks Avenue offers investors the opportunity to acquire a fully leased commercial property in Panama City, Florida. The asset consists of approximately ±22,000 square feet across three buildings situated on two parcels (Bay County Parcel ID's 13016-122-000 and 13016-122-070).
The improvements include two buildings totaling ±8,000 RSF each and one building of approximately ±6,000 RSF. The property is currently 100% leased, providing immediate in-place income.
Recent capital improvements include new roofs installed in 2022. The property is being offered at an 8.63% cap rate and owner financing is available.
2420 Jenks Avenue is located in a well-established commercial corridor in Panama City with convenient access to surrounding business districts and major transportation routes.
More Information MLS# 787317
Contract Info
List Price/SqFt: 181.82
List Date: 2026-03-24
List Price: $4,000,000
Current Price: $4,000,000
Sub-Type: Office
Location
Sub Area: 0204 - Bay - Central NW
Community/Resort: None
Waterfront: No
Elementary School: Hiland Park
Middle School: Jinks
High School: Bay
Directions: Just off the northeast corner of Jenks Ave and 23rd St.
Area: 02 - Bay County - Central
Street #: 2420
Street Name: Jenks
Street Suffix: Avenue
State: FL
Zip Code: 32405
County: Bay
Subdivision: [No Recorded Subdiv]
Parcel ID: 13016-122-000
Legal Description: 29 3S 14W -19.22- 91A ST AND BAY DEV CO PLAT BEG 210.3' S OF INTER OF E R/W JINKS AVE & N LINE LOT 111 FOR POB TH CONT S 124.99' E 225' S 105' W 225' S 25' E 250' SELY 141.71' NELY 76.24' NELY 48.88' SELY 0.81' N 231.51' W 513.58' TO POB BEING PART O F LOTS 111 & 114 ORB 1935 P 1798 LESS -19.22H-
General Property Info
List Class: Commercial
Acreage: 2.68
Construction Status: Construction Complete
# of Stories in Building: 1
SqFt Tot Bldg: 22000
Year Built: 2007
Listing Info, Tax and Legal
HOA Fee: No
Remarks & Misc
Remarks: 2420 Jenks Avenue offers investors the opportunity to acquire a fully leased commercial property in Panama City, Florida. The asset consists of approximately ±22,000 square feet across three buildings situated on two parcels (Bay County Parcel ID's 13016-122-000 and 13016-122-070).
The improvements include two buildings totaling ±8,000 RSF each and one building of approximately ±6,000 RSF. The property is currently 100% leased, providing immediate in-place income.
Recent capital improvements include new roofs installed in 2022. The property is being offered at an 8.63% cap rate and owner financing is available.
2420 Jenks Avenue is located in a well-established commercial corridor in Panama City with convenient access to surrounding business districts and major transportation routes.
Energy
AC - 2 or More: 1
Utilities
All Maintenance: 1
Floors in Unit/Home
One: 1
Heating/Cooling
AC - Central: 1
Transport. Access
4-Lane: 1
Status Change Info
Status: Active
Property Features
Energy: AC - 2 or More
Utilities: All Maintenance
Listing Office:
NAI TALCOR
Last Updated: March - 24 - 2026
Information deemed reliable but not guaranteed.