Address
1806&1808 Brown Avenue, Panama City, FL
Price
$ 800,000
Property Attributes
- MLS#786852
- TypeSingle Family
- Listing Status Active
- CountyBay
- CityPanama City
- Area02 - Bay County - Central
- NeighborhoodBayview Add
- Zip32405
- Style
- Year Built2016
- Price$ 800,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage4286
- Lot Size0.4 Acres
Data Source:
Central Panhandle Association of REALTORS® (CPAR)
Property Description
MAJOR PRICE IMPROVEMENT -- TWO CONTIGUOUS PROPERTIES NOW OFFERED TOGETHER AT $800,000! Rare opportunity to acquire two GC-1 zoned properties in Panama City's Bayview Addition, combining a modern commercial building with an adjacent property offering additional income, parking, and future commercial potential. 1806 Brown Ave features a 3,476 SF commercial building constructed in 2016 with a highly flexible layout including 10 private offices, 2 kitchens, 2 bathrooms, and additional storage space. The property is well suited for professional services, medical, executive suites, salon, co-working, or other permitted commercial uses and offers significant lease-up potential for an investor. 1808 Brown Ave adds tremendous flexibility to the package with a 944 SF, 2-bedroom/1-bath single-family home with projected rental potential of approximately $2,600 per month, plus a separate 575 SF studio currently rented with rental potential of approximately $1,000 per month. Both structures offer the potential for conversion to commercial use, subject to applicable approvals, giving a future owner the ability to maintain residential income, expand business operations, or create additional professional space. The 1808 parcel also provides valuable additional parking for 1806, further enhancing the functionality of the combined properties. Together, 1806 & 1808 Brown Ave offer an unusually versatile investment: commercial lease-up potential, existing studio income, additional residential income potential, multiple buildings, expanded parking, and future adaptive-use possibilities. Now offered together at $800,000, this is a compelling opportunity for an investor seeking multiple revenue streams or an owner-user looking to establish a unique multi-building professional campus in central Panama City.
| Elementary School | Middle School | High School |
|---|---|---|
| Lucille Moore Elementary School | Jinks Middle School | Bay High School |
| Price History | |
|---|---|
| 3/15/2026 | Listed $875,000 |
| 6/10/2026 | 2$859,000 |
| 8/12/2026 | 7$800,000 |
General Features
| Property Subtype | Other |
|---|---|
| County | Bay |
| Property Type | CommercialSale |
| HOA | false |
| Subdivision Name | Bayview Add |
| Special Listing Conditions | ListedAsIs |
| Status | Active |
| Directions | Take Hwy 98 east over the bridge and turn left on Brown Ave. The office building will be first and the parking lot and SFH is next door |
| High School | Bay |
| City | Panama City |
| MLS Area | 02 - Bay County - Central |
| Lot Size Units | Acres |
| Lot Size Square Feet | 17424 |
| Elementary School | Lucille Moore |
| Middle/Junior High School | Jinks |
| MLS Area Minor | 0203 - Bay - Central SW |
| Standard Status | Active |
| Property Sub Type Additional | Other |
| Possible Use | Other |
| Occupancy Type | Occupied |
| Year Built | 2016 |
Exterior Features
| Lot Size Area | 0.4 |
|---|---|
| Lot Size Acres | 0.4 |
| Building Area Total | 4286 |
| Waterfront Y/N | false |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 32405
Price
Year Built
Emerald Coast Association of REALTORS®, Inc. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers
Listing data provided by: Central Panhandle Association of Realtors (CPAR)
Information deemed reliable but not guaranteed. The information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating
