Panama City, FL 32405

Property Description

Five Bridges Real Estate is pleased to offer 1600 Jenks Avenue in Panama City, Florida, for $3,500,000. The approximately 13,132-square-foot medical office building offers an opportunity for a physician group, surgery center operator, or healthcare investor to reestablish an ambulatory surgery center (ASC) in Panama City's established medical corridor. A portion of the building operated for more than 40 years as a Florida-licensed, Medicare-certified, AAAHC-accredited ambulatory surgery center. A qualified operator could pursue licensure, certification, and accreditation for a new ASC. If those approvals are obtained and the center becomes operational, it could generate facility fee revenue alongside the clinical services provided on site. The medical office space offers room for physician practices, consultations, and pre- and post-operative visits. A buyer could combine surgical and clinical services at one address or lease additional suites to complementary healthcare providers. Suite layouts and improvements would depend on the buyer's plans, existing occupancy, and applicable approvals. The property sits at the signalized intersection of Jenks Avenue and Airport Road, near HCA Florida Gulf Coast Hospital and Ascension Sacred Heart Bay. On-site parking serves patients and staff, and the location offers access to 23rd Street, U.S. 98, U.S. 231, and Highway 77. Contact Five Bridges Real Estate for floor plans, current occupancy information, or a tour.