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Harrison Lilly

Owner/Operator | Harrison Lilly Emerald Coast | Harrison Lilly Realty | PLACE

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2356 Frankford Ave , Panama City, FL 32405
$499,000
Est. Payment: $2,530.83/mo
4 Bed
2 Bath
1875 Sqft
Status: active | Days on site: 5
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Harrison Lilly
Owner/Operator

House Description

Zoned MU-3, House resigned into an office space situated on a spacious 1-acre corner lot in a highly accessible location. Conveniently located just off 23rd Street and Frankford Avenue, with quick access to Highway 390, this property offers visibility, convenience, and flexibility. Originally a residence that has been converted into professional office space, the property was updated in 2018 with a new roof, windows, doors, and fresh paint, and recently had solar panels installed for an almost nonexistent power bill. The well-appointed kitchen features granite countertops and Frigidaire Gallery stainless steel appliances. There is also an ADT alarm system in place. The versatile floor plan includes four private offices, a welcoming reception area, open collaborative workspace, conference room area with a fireplace, kitchen with dining/break area, storage room, and a garage. The garage area could be used for additional storage or a workspace. Outside, the expansive 1-acre corner parcel offers abundant parking for employees and clients, along with a possible material staging area. This property is ideal for a variety of professional, construction, or service based businesses. With MU-3 zoning, an excellent central location, and a flexible layout, this property is ready to accommodate your growing business.

Highlights

Listed by Frank Trenholm , 850-774-8944 and Keyela Hampton , 850-209-2160 Coldwell Banker Realty , 850-234-6696. Bay County Association of REALTORS

Property Type

Residential

Lot/Acreage
1.03

Year Built

1963

County

Bay

Area

02 - Bay County - Central

Neighborhood

[No Recorded Subdiv]

Listing ID

793270

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:4
  • Bathrooms:2
  • Full Bathrooms:1
  • 1/2 Bathrooms:1
Appliances:Electric Water Heater
Air Cond:Central Air
Fireplaces:
Other:
  • Additional:Main Level Primary

Exterior Features

Lot Dimensions:180.0 ft x 250.0 ft
Sewer:Public Sewer
Principal Interest
$2,531
Taxes
$586

Home Price

$499,000

Loan Details

30 yrs
6.529%

Down Payment

20%
$99,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,530.83

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,530.83 $585.79 $0.00 $3,116.63
Yearly $30,370.01 $7,029.52 $0.00 $37,399.53
Total $911,100.19 $210,885.60 $0.00 $1,121,985.79

Today's Rates

30 Year

6.53%

20 Year

6.33%

15 Year

5.93%

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Market insight data is pulled from the same city as the listing being viewed (Panama City, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bay County Association of REALTORS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-20T06:33:19.000Z

© 2026 Bay County Association of REALTORS