1000 McKenzie Avenue Panama City Florida | Home for Sale
To schedule a showing of 1000 McKenzie Avenue, Panama City, Florida, Call David Shippey at 863-521-4517 TODAY!
Panama City, FL 32401
- 4Beds
- 2.00Total Baths
- 2 Full, 0 HalfBaths
- 2,860SqFt
- 1945Year Built
- 0.87Acres
- MLS# TB8378144
- Residential
- SingleFamilyResidence
- Active
- Approx Time on Market2 months, 26 days
- Area32401 - Panama City
- CountyBay
- Subdivision N/a
Overview
Turnkey Investor Dream! Massive 4-Bedroom, 2-Bathroom Group Home in Prime Panama City Location - Long-Term Leaseback, Instant Cash Flow, and Government-Paid Tenants! This is the ultimate headache-free investment opportunity! This beautifully maintained 4-bedroom, 2-bathroom brick home is already operating as a licensed group home for mentally disabled individualswith government-backed tenants and a seller ready to lease the property back long-term. Whether you're looking for stable, immediate cash flow or a secure place to park your capital, this one checks every box. Sprawling nearly 3,000 square feet and sitting on an expansive lot in one of Panama City's most desirable neighborhoods, this home offers both scale and curb appeal. The charming brick exterior, lush greenery, long driveway, and oversized 2-car carport make for a picture-perfect entrance and plenty of practical parking and storage options. Step inside to find a warm, welcoming layout designed for comfort and convenience. The home features beautiful, modern wood flooring throughout, a spacious living room, and generously sized bedroomsall creating a cozy yet functional atmosphere for the current residents. The property is in excellent shape, with major systems in top condition: a newer roof and A/C (both approximately 5 years old), plus fully functional plumbing and electrical. Currently home to 5 long-term tenants, all government-paid, this property generates immediate income with minimal hassle. The seller, who holds the required license to operate this facility, will remain as the tenant under a long-term leasebackmaking this the ultimate plug-and-play rental investment. Whether you're a seasoned investor looking to expand your portfolio or just want a rock-solid asset in a growing area, this property offers unbeatable value. Between the secure tenant structure, the strong return, and the long-term appreciation potential in a high-demand neighborhood, this is truly a rare find. Dont miss outschedule your showing today and take advantage of this exceptional, income-producing opportunity!
Agriculture / Farm
Association Fees / Info
Senior Community: No
Association: ,No,
Bathroom Info
Total Baths: 2.00
Fullbaths: 2
Building Info
Roof: Shingle
Building Area Source: PublicRecords
Buyer Compensation
Exterior Features
Pool Private: No
Exterior Features: Other
Fees / Restrictions
Financial
Original Price: $329,999
Garage / Parking
Open Parking: No
Attached Garage: No
Garage: No
Carport: Yes
Car Ports: 2
Green / Env Info
Interior Features
Fireplace: No
Floors: Wood
Levels: One
Spa: No
Laundry Features: LaundryRoom
Interior Features: Other
Lot Info
Direction Remarks: Turn left onto State Road 77 South.Continue on State Road 77 South for about 10 miles.Turn right onto McKenzie Ave.Continue on McKenzie Ave for approximately 1 mile.1000 McKenzie Ave will be on your right.?
Lot Size Units: Acres
Lot Size Acres: 0.87
Lot Sqft: 37,767
Est Lotsize: 135x280
Misc
Other
Special Conditions: None
Other Rooms Info
Property Info
Section: 04
Class Type: SingleFamilyResidence
Property Sub Type: SingleFamilyResidence
Property Attached: No
New Construction: No
Construction Materials: Brick
Stories: 1
Total Stories: 1
Foundation: BrickMortar
Human Modified: Yes
Room Info
Total Rooms: 3
Sqft Info
Sqft: 2,860
Bulding Area Sqft: 2,980
Living Area Units: SquareFeet
Living Area Source: PublicRecords
Tax Info
Tax Year: 2,024
Tax Lot: 4
Tax Legal Description: 4 4S 14W -217- 69A BEG 60' W OF SW COR OF LOT 4 SEGLER HTS TH W 284.5' NLY 135 E 280.5' TO PT S 135' TO POB ORB 1891 P 1500 ORB 2318 P 2362 ORB 2868 P 958
Tax Block: 0000
Tax Annual Amount: 3851.63
Tax Book Number: 0000
Unit Info
Utilities / Hvac
Heating: Central, Electric
Water Source: Public
Sewer: PublicSewer
Cool System: CentralAir
Cooling: Yes
Heating: Yes
Utilities: Other
Waterfront / Water
Waterfront: No
View: No
Directions
Turn left onto State Road 77 South.Continue on State Road 77 South for about 10 miles.Turn right onto McKenzie Ave.Continue on McKenzie Ave for approximately 1 mile.1000 McKenzie Ave will be on your right.?This listing courtesy of Richard Peters Realty Llc
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MLS IDX data last updated on 07-22-2025 2:00 AM EST.
If you have any questions on 1000 McKenzie Avenue, Panama City, Florida, please call David Shippey at 863-521-4517.
MLS# TB8378144 located at 1000 McKenzie Avenue, Panama City, Florida is brought to you by David Shippey REALTOR®
1000 McKenzie Avenue, Panama City, Florida has 4 Beds, 2 Full Bath, and 0 Half Bath.
The MLS Number for 1000 McKenzie Avenue, Panama City, Florida is TB8378144.
The price for 1000 McKenzie Avenue, Panama City, Florida is $278,978.
The status of 1000 McKenzie Avenue, Panama City, Florida is Active.
The subdivision of 1000 McKenzie Avenue, Panama City, Florida is N/a.
The home located at 1000 McKenzie Avenue, Panama City, Florida was built in 2025.
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