$212,051Average Value$563Average Price per Sq Ft6Homes For Sale
Panama City’s soul lives here
Downtown Panama City is like a piece of preserved Americana, filled with brick and stucco storefronts, tall glass windows, and housing all manner of restaurants, boutiques and offices. It is a nostalgic picture straight from a movie set. But for locals, it’s home. “In that section, it’s kind of the heartbeat of Panama City. It’s historic,” says Summer Williams, a local realtor with Berkshire Hathaway HomeServices Beach Properties of Florida.
Residents enjoy walking through Downtown Panama City over the weekends.
Downtown residents will anjoy fishing at the Asbell Park beach.
Downtown Panama City is a flourishing neighborhood coming back from a devastating hurricane.
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From House of Henry to Lone Star Boil House, a good time is easy to find
An appropriate way to explore this area is with an appetite. Quite a few of Downtown’s storefronts are occupied by eateries and the neighborhood’s walkable layout makes it convenient to check out more than one. House of Henry, open since 2020, calls itself “Florida’s most authentic Irish pub,” serving up shepherd’s pie, corned beef and cabbage, and more. Spots like Lone Star Boil House & Sports Bar harness the taste of the region, home to a range of fresh seafood — the shrimp boils are a hit. “It’s a great little Cajun place,” says Clay Dalton, a local realtor with RE/MAX Beaches. History Class Brewing Company, housed in a 1930s building loaded with artifacts, allows customers to imbibe among local artifacts. “It’s fun, a lot of fun,” Williams says. Meanwhile, Tarpon Dock Seafood Market, right by the Massalina Bayou, is renowned for its selection of everything from grouper to oysters.
The Lone Star Boil in Downtown Panama City serves up great southern cuisine.
The Lone Star Boil in Downtown Panama City features a delicious
crawfish boil.
You can often catch live music at the House of Henry in Downtown Panama City.
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Farmers market helps bring people together
The city takes advantage of Downtown’s walkability with events like a weekly farmers market, held at McKenzie Park each Saturday and attended by vendors offering not just fresh produce but also items like handmade jewelry. There’s live music, too. A Fourth of July celebration is one of the city’s most prominent annual traditions, with fireworks, multiple live music performances, food trucks and vendors.
Housing options are unfolding
This neighborhood is dominated by retail and dining, so housing is limited. But the options are growing. The Mashburn Building is a prominent example, a historic, 27,000-square-foot structure once home to the Chavers-Fowhand Furniture Store and is now being turned into a selection of new condos. The Mashburn’s units range from about 500 square feet to 1,000 square feet, with prices from the high $200,000s to about $500,000. The building is representative of a trend Williams expects to continue. “I anticipate the utilization of these big buildings down there, turned into apartments and lofts and being re-done like that,” she says. “It’s kind of luring the younger market into that area.”
The Mashburn building is now a residential building in Downtown undergoing renovation.
Downtown Panama City has few residential locations but is on the rise.
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Bay District schools like Bay High are well-regarded
The Bay District school system blankets Panama City, a district with a B-plus overall grade on Niche. Merriam Cherry Street Elementary has a student-teacher ratio better than the national average, at 15-to-1, and is C-plus rated. Students can explore a full range of athletics programs at the area’s B-minus-rated Jinks Middle, from football to boys and girls track. Bay High boasts a B-plus rating and dedicated programs in topics like digital design and engineering.
Downtown students can start their educational journey at Merriam Cherry Street Elementary School
Downtown students can then head to Jinks Middle School for grades 6 through 8.
Finally, Downtown students can attend Bay High School to finish their primary education
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McKenzie Park makes for a tranquil respite
Downtown’s McKenzie Park isn’t just home to events like the weekly farmers market, it is also an anchor of sorts to the area. This is the oldest park in all of Bay County, dating back to the 1880s — Panama City’s early days. The park, which Williams says is beautiful, is a peaceful spot to enjoy a picnic or a book under the towering oak trees. And it’s the subject of upcoming improvements, including the addition of restrooms.
The historic Mckenzie Park is right in the center of Downtown Panama City.
Residents enjoy afternoon walks around Mckenzie Park in Downtown Panama City.
The Robert Lee Mckenzie house in Downtown Panama City is a historical staple of the city.
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Downtown Panama City is filled with restaurants and breweries great for residents to enjoy.
Route 98 makes travel straightforward
U.S. Route 98 is the main thoroughfare, an easy-to-find artery for heading out of town. People often use this route to head west, across the Grand Lagoon and toward the popular tourist haven of Panama City Beach. “I would say it’s less than 10 miles to some of the most beautiful beaches in the county,” says Dalton, who has almost 30 years of real estate experience. Also, the Bayway bus system has multiple stops in the neighborhood, along Route 98 and Harrison Avenue.
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*The Mashburn Building | Historic Downtown Panama City* Experience a new chapter in Historic Downtown Panama City with The Mashburn Building--a signature four-story development designed to elevate urban living while honoring the character of downtown. This landmark project brings together modern luxury, industrial design, and the energy of a walkable city lifestyle. The third and fourth floors
*The Mashburn Building | Historic Downtown Panama City* Experience a new chapter in Historic Downtown Panama City with The Mashburn Building--a signature four-story development designed to elevate urban living while honoring the character of downtown. This landmark project brings together modern luxury, industrial design, and the energy of a walkable city lifestyle. The third and fourth floors
622 Harmon Ave is all about 'location' near downtown Panama City. Situated near the heart of the growth to the downtown area, this property is perfect for either a residential or commercial investor, a private owner, or a business professional looking for an extra piece of land. This piece of vacant land is cleared and is zoned 'commercial DTD'-which has many allowable commercial uses; OR it is
Approximately 80 acres with +/- 3,700 feet fronting U.S. Highway 231 with a median-cut on the north end. This property is currently zoned AG-1. Located in Bay County and just 1/2 mile north of the main entrance to Port Panama City's Intermodal Distribution Center. (Commerce Boulevard. With land use change to industrial and incorporation into Panama City limits, the property would make ideal
PRICE REDUCTION on this beautiful piece of property near downtown Panama City! PRICE includes bonus lot on Harmon Ave. 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
*The Mashburn Building | Historic Downtown Panama City*Experience a new chapter in Historic Downtown Panama City with The Mashburn Building--a signature four-story development designed to elevate urban living while honoring the character of downtown. This landmark project brings together modern luxury, industrial design, and the energy of a walkable city lifestyle.The third and
Great Downtown Panama City, 5,005 SQ FT Commercial Building. The building is completely gutted and ready for renovation! This 5,005 sq ft building in the heart of downtown offers a blank canvas with endless potential. Prime location, with great visibility and foot traffic. Along with Public parking close by. Zoned for commercial use. Re-Roof completed in 2024. Being Sold AS-IS--bring your vision
*The Mashburn Building | Historic Downtown Panama City* Experience a new chapter in Historic Downtown Panama City with The Mashburn Building--a signature four-story development designed to elevate urban living while honoring the character of downtown. This landmark project brings together modern luxury, industrial design, and the energy of a walkable city lifestyle. The third and fourth floors
*The Mashburn Building | Historic Downtown Panama City* Experience a new chapter in Historic Downtown Panama City with The Mashburn Building--a signature four-story development designed to elevate urban living while honoring the character of downtown. This landmark project brings together modern luxury, industrial design, and the energy of a walkable city lifestyle. The third and fourth floors
Presenting a unique investment opportunity, this vacant land zoned NG is strategically located in the bustling Panama City area. The expansive space offers endless potential for development, making it an ideal choice for astute investors seeking to capitalize on the area's growth and development. With its prime location and zoning, the property stands as a compelling option for those looking to
Anna BranchFive Bridges Real Estate Services Co. LLC
*The Mashburn Building | Historic Downtown Panama City* Experience a new chapter in Historic Downtown Panama City with The Mashburn Building--a signature four-story development designed to elevate urban living while honoring the character of downtown. This landmark project brings together modern luxury, industrial design, and the energy of a walkable city lifestyle. The third and fourth floors
Renovated 1-bedroom, 1-bathroom apartment in a total remodeled 11-unit complex on beautiful Massalina Bayou. Enjoy beautiful water views with a convenient Downtown Panama City location close to the courthouse, hospital, parks, restaurants, and the marina. Ideal for professionals seeking a well-located rental with a minimum 6-month lease.
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