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Back 1114 McKenzie Avenue
Off Market

1114 McKenzie Avenue

Panama City FL 32401

3
2
1208 sq. ft.
6970 sq. ft.
Single-Family
Last sold for $230,000
Nathan LawrenceNathan Lawrence, last sold this property on 22 January 2026 after 35 days on market.

Overview

'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.

Features

3 bedrooms
2 bathrooms
1208 sq. ft. floor area
6970 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Panama City over the last 12 months, the estimated median property value of 1114 McKenzie Avenue is $255k.

Median value
$255k
Estimated value range
$50k - $1.82m
Median days on market
57
Estimated value trend
-3%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Panama City. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1114 McKenzie Avenue

2026
Sold
$230,000
22 Jan 2026 by Nathan Lawrence, of Legacy Premier Agency
2022
Sold
$196,500
30 Jun 2022 by Sam Dalimonte, of Performance Realty
2020
Sold
$50,000
02 Mar 2020 by Dennis Nelson, of Keller Williams Success Realty

Happy sellers in Panama City

90%
90% of sellers in Panama City reported that their sale price either exceeded or met their price expectations.

Panama City stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 8 reviews in Panama City over the last 12 months.

Local market activity for 3 bedroom single-family properties in Panama City

In the last 12 months, 145 three-bedroom single-family properties similar to 1114 McKenzie Avenue, have been sold.

This represents a 19% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Panama City

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Tyler S Smith

Sellers who recommend Tyler S Smith have praised them for being local expert, responsive, clear communication, great negotiation, detail-oriented, well-prepared, and proactive

  •   5   (67 reviews)
  •  5 Reviews in Panama City
  •  3 Sales in Panama City
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Hannah Luge

Hannah Luge is a recommended agent for Panama City.  They have 3 local sales and collected 2 local reviews across the last 12 months.

  •   5   (29 reviews)
  •  2 Reviews in Panama City
  •  3 Sales in Panama City
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Zack Seltzer

Zack Seltzer is an award winning recommended agent for Panama City.  They have 3 local sales and collected 1 local review across the last 12 months.

  •   5   (68 reviews)
  •  1 Review in Panama City
  •  3 Sales in Panama City
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Ashley Moran

Ashley Moran is a recommended agent for Panama City.  They have 2 local sales and collected 1 local review across the last 12 months.

  •   5   (10 reviews)
  •  1 Review in Panama City
  •  2 Sales in Panama City
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