1114 Mckenzie Ave Panama City, FL 32401

'CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS' HOME AND GUEST HOUSE—A rare opportunity offering location, flexibility, and proven income potential. Less than five minutes from Harrison Avenue and Downtown Panama City, this dual-residence property is ideal for investors, Airbnb operators, or owner-occupants seeking supplemental rental income.
The main home, constructed of durable concrete block, offers 2 bedrooms, 1 bathroom, and 768 sq ft of well-designed living space infused with historic charm and modern convenience. This residence underwent a comprehensive renovation in 2022, featuring upgraded LVP flooring, stainless steel appliances, granite countertops, modern cabinetry, updated lighting, full-size washer and dryer, new AC system, updated plumbing, and a new roof. It is sold fully furnished and completely turnkey and is currently operating as an income-producing rental, providing immediate revenue for the next owner.
The detached guest house, built in 2023, offers 1 bedroom, 1 bathroom, and 440 sq ft with private alley access, giving guests or tenants a separate and convenient entry point. As a newer build, it provides clean, efficient living space and excellent rental appeal without the need for updates or renovations.
With its prime central location and the ability to live in one home while renting the other or maximize returns with dual rental income, this property delivers exceptional versatility, long-term value, and a true turnkey opportunity for its next owner.