Lot/Land for Sale: 612 McKenzie, Panama City, FL 32401

$559,000
$559,000
612 McKenzie, Panama City, FL 32401
$559,000
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Price:
$559,000

Type Lot/Land
Lot Size 0.70 acres

City Panama City
County Bay
Subdivision No Named Subdivision
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.

Lot & Building Features

Water Source Public

Community and Schools

Elementary School Cherry Street
Junior High School Jinks
Senior High School Bay

Map of 612 McKenzie, Panama City, FL

Location Map Street View
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612 McKenzie (MLS #761477) is a lot/land listing located in Panama City, FL. This is a lot/land listing with a lot of 30,536 sqft (or 0.70 acres). This property was listed on 08/17/2024 and has been priced for sale at $559,000.

Nearby zip codes are 32404, 32405 and 32444. This property neighbors other cities such as Cedar Grove, Lynn Haven, Panama City Beach and Springfield.

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: