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Harrison Lilly

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

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551 Harrison Ave , Panama City, FL 32401
$1,800,000
Est. Payment: $9,129.26/mo
0 Bed
0 Bath
31875 Sqft
Status: active | Days on site: 372
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Harrison Lilly
Owner/Operator

House Description

This solidly constructed, three-level commercial building offers a versatile open floor plan suitable for a variety of uses. The building is approximately 30,000 Sq Ft. It features two convenient entrances to the main floor--one with direct access from Harrison Avenue and the other is the alley way from Grace Avenue--providing flexibility for both customer and operational flow. There is also an additional front entrance on Harrison Avenue that goes to the stairway to go to the top floor, this would be great for multi business use. Public parking is readily available along Harrison Avenue, with additional public parking spaces located at the rear of the building, as well as a public parking lot at the end of Harrison Avenue and Old Business 98. The property is also equipped with a freight elevator.. This building is full of potential, schedule your showing today to own a building in Downtown Panama City.

Highlights

Listed by MaryAnn Enfinger , 850-832-5263 and Molly M Shores , 850-624-1448 Overstreet Realty , 850-774-0402. Bay County Association of REALTORS

Property Type

Commercial Sale

Lot/Acreage
0.24

Year Built

1959

County

Bay

Area

02 - Bay County - Central

Neighborhood

[No Recorded Subdiv]

Listing ID

776396

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:

Exterior Features

Zoning:Commercial, City
Sewer:Public Sewer
Principal Interest
$9,129
Taxes
$1,148

Home Price

$1,800,000

Loan Details

30 yrs
6.529%

Down Payment

20%
$360,000
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:
$9,129.26

Principal

Taxes

Principal Taxes HOA Total
Monthly $9,129.26 $1,147.50 $0.00 $10,276.76
Yearly $109,551.12 $13,770.00 $0.00 $123,321.12
Total $3,286,533.74 $413,100.00 $0.00 $3,699,633.74

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