Panama City, FL Flex space for Rent & Lease

Updated: Oct 10

Flex Space with Mezzanine

1509 Hickory Avenue, Panama City, FL 32405

$12 SF/Yr

4,300 sqft 0.21 AC lot

4,300‑square‑foot flex building on a 0.21‑acre lot
Warehouse measures 24' x 70' with a separate 20' x 20' room
20' x 50' heated and cooled mezzanine with 9‑foot ceilings
25‑foot center height and 21‑foot eaves
Front grade‑level door measures 14' x 16'; rear door is approximately 10' x 12'

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Updated: Oct 10

Flex Space with Mezzanine

1509 Hickory Avenue, Panama City, FL 32405

$12 SF/Yr

4,300 sqft

4,300‑square‑foot flex building, built in 2007
20‑by‑50‑foot heated and cooled mezzanine with 9‑foot ceilings
Warehouse measures 24 by 70 feet, plus a separate 20‑by‑20‑foot room
25‑foot center height and 21‑foot eave height
14‑by‑16‑foot front grade‑level door and approximately 10‑by‑12‑foot rear door

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Flex Space with Showroom

901 N East Avenue, Panama City, FL 32401

$5,000/Mo

8,800 sqft

Commercial unit combines office space, showroom area, warehouse capacity, and roll-up loading access.

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Flex Space with Mezzanine

1509 Hickory Ave, Panama City, FL 32405

$12 SF/Yr

4,300 sqft

A combination of warehouse, office, and climate-controlled mezzanine space supports a range of commercial operations.

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Climate-Controlled Flex Space

1919 Drummond Avenue, Panama City, FL 32405

$8 SF/Yr

7,220 sqft

Block commercial property combines warehouse space, offices, secure yard access, and two upstairs apartments.

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Secured Flex Space with Industrial Yards

6528 E Highway 22, Panama City, FL 32404

$17,500/Mo

13,890 sqft

Climate-controlled offices, warehouse capacity, and covered outdoor storage support varied commercial operations.

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Industrial Warehouse with Roll-Up Doors

2824 Highway 2321, Panama City, FL 32409

$3,000/Mo

4,500 sqft

Insulated warehouse with flexible power capacity and optional office space available separately.

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Brand-New Flex Space with Warehouse

A-17744 Beach Blvd, Panama City, FL 32408

$5,000/Mo

3,120 sqft

New flex property combines warehouse capacity with dedicated office space.

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New Flex Warehouse Space

1515 Wood Avenue, Panama City, FL 32405

$14 SF/Yr

6,000 sqft

Under-construction flex space offers adaptable office planning, loading access, and front parking.

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Warehouse Complex with Private Yards

761 Mulberry Avenue, Panama City, FL 32401

$3,600/Mo

5,856 sqft

Three separately addressed warehouse buildings offer flexible leasing with private yard areas and shared tractor-trailer access.

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Heated and Cooled Flex Space

7521 Holley Circle A, Panama City, FL 32408

$3,200/Mo

4,800 sqft

C-4 Research Design zoning, paved parking, partial fencing, and a roll-up door support varied commercial operations.

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Renovated Warehouse Complex

733 Mulberry Avenue, Panama City, FL 32401

$7,650/Mo

8,464 sqft

Three separately addressed buildings offer private yards, flexible leasing configurations, and climate-controlled commercial space.

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Warehouse with Office Space Available

2824 Highway 2321, Panama City, FL 32409

$3,000/Mo

6,130 sqft

Versatile commercial property with warehouse and office space for lease.

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Flex Space with Loading Access

430 W 5th St Unit 107, Panama City, FL 32401

$14 SF/Yr

100,760 sqft

Air-conditioned commercial space supports warehouse, research, development, and technical light manufacturing operations.

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New Flex Warehouse with Roll-Up Doors

1515 Wood Ave, Panama City, FL 32405

$14 SF/Yr

6,000 sqft

Flexible industrial space offers customizable office improvements, loading access, and front parking for a range of commercial operations.

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Heated and Cooled Flex Space

A-7521 Holley Cir, Panama City, FL

$3,200/Mo

2,400 sqft

Conditioned commercial space with C-4 zoning, paved parking, and a roll-up door.

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Climate-Controlled Flex Space

1919 Drummond Ave, Panama City, FL 32405

$7 SF/Yr

7,220 sqft

Warehouse improvements include air-conditioned office space and two second-floor apartments.

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Flex Space with Loading Access

430 W 5th St Unit 105, Panama City, FL 32401

$14 SF/Yr

100,760 sqft

Air-conditioned commercial space accommodates research, development, technical light manufacturing, and warehouse operations.

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Warehouse with Office and Showroom

239 Aberdeen Pkwy, Panama City, FL 32405

Contact for pricing

A 2024 industrial building pairs warehouse space with dedicated office and showroom areas.

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New Warehouse with Office and Yard

Panama City, FL 32404

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New 3,200 SF warehouse with 700 SF air-conditioned office, three overhead doors, and a 200' x 200' outdoor laydown yard.

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Efficient Flex Space For Sale

210 N. Tyndall Pkwy, Panama City, FL

Contact for pricing

16,000 sqft 0.99 AC lot

16,000 SF flex space with efficient, rectangular floor plan.

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Light Industrial Flex Warehouse

501 W 11th St, Panama City, FL 32401

Contact for pricing

50,000 sqft 5.27 AC lot

Multi-tenant flex/warehouse building in light industrial zoning with drive-in bays, exterior dock doors, and ample parking.

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Climate-Controlled Flex Space

2611 E 6th St, Panama City, FL 32401

$599,000

5,000 sqft 0.49 AC lot

Insulated steel construction with commercial power, vehicle access, office support areas, and dedicated on-site parking.

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Flex Space with Showroom

1331 Harrison Avenue, Panama City, FL 32401

$2,500,000

11,171 sqft 0.66 AC lot

Newer commercial facility combining customer-facing space, warehouse capacity, mezzanine storage, and dedicated office areas.

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Panama City, FL Flex space Lease Rates & Market Statistics

Browse 22 Flex space listings for lease in Panama City, FL on Realmo, a commercial real estate marketplace serving the Panama City area. The current inventory totals 364,820 square feet of properties — an average of ~16,600 SF per listing.

Flex space lease rates in Panama City range from $5.87 SF/Yr at the entry level to $16 SF/Yr at the top of the market, averaging $11.07 SF/Yr. That's a 3x spread between entry-level and premium space, making side-by-side comparison of asking rents and lease terms essential. The local average of $11.07 SF/Yr is 48% below the Florida state average of $21.16 SF/Yr.

Panama City accounts for 59% of the 37 flex space listings currently available across Bay County, where nearby markets include Panama City Beach and Southport. Flex space listings make up 76% of the 29 Industrial properties currently for lease in Panama City, with asking rates in line with the citywide Industrial properties average. Also worth a look for tenants weighing alternatives: Manufacturing properties (6 listings) and Distribution centers (4 listings) elsewhere in the Panama City market.