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Residential > House
Active
08/16/2024
List Price
$559,000

612 Mckenzie Ave
Panama City, FL 32401

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  • 612 Mckenzie Ave, Panama City, FL 32401 is a 1 bed, 1 bath, 956 ft² house built in 1940 on a 0.700 acre lot. This house is currently for sale for $559,000. The latest TopHap estimate of the house's value is $122,989.

    Property Valuations

    Latest estimates for 612 Mckenzie Ave based on TopHap automated valuation model (AVM).

    MLS Description

    The listing agent's description. Original Listing

    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.

    Listing Agents

    The listing agent for 612 Mckenzie Ave is Elaine G Fenster.

    Current Ownership

    Information about the current owner(s).

    Property History

    612 Mckenzie Ave has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).

    Property Events

    Environment

    Environmental factors around 612 Mckenzie Ave

    School Information

    Public/private schools serving 612 Mckenzie Ave

    Neighborhood

    This property is located in Downtown, Panama City, FL 32401.

    Market Trends

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    Copyright © 2024 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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