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    2402 State Ave Panama City, FL 32405

    For Sale
    Contact for pricing

    Improved Commercial - Panama City, FL

    Property size:
    9,219 SF
    Lot size:
    3.33 Acres
    Days on Market:
    101
    Last Refresh:
    Dec 6 at 9:06 am

    Property Features for 2402 State Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    13015-005-040
    Size
    9,219 SF
    Lot size
    3.33 Acres

    Building Details

    Year built
    2025
    Architectural style
    Other

    NAI TALCOR (850) 229-6373

    Listing agent Wendy Partie (850) 249-2879

    Listing date Aug 28, 2025

    MLS# 323906 Listing URL

    Copyright © 2025 Forgotten Coast Realtor Association. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Class A Medical/Office Space

    This is a 9,219 square feet Class A medical and professional office space currently under construction and available for pre-leasing, with availability expected in Q1 2026. The property is located blocks from HCA Florida Gulf Coast Hospital. The space features modern architecture, premium finishes, and flexible layouts. The location provides excellent visibility, ample surface parking, and easy access from 23rd Street, a busy commercial corridor with approximately 34,500 vehicles per day. The location serves a wide customer base across Panama City, Lynn Haven, Callaway, and Panama City Beach. The property is offered at $28.00 per square foot NNN, with tenants responsible for their own interior build-out, allowing for customization to suit specific practice or business needs. The property is located at 2402 State Avenue, Panama City, FL 32405.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Gulf Coast Animal Hospital, Gulf Coast Animal Hospital: Taylor Donald R DVM, Scott Robert G DVM, Gulf Veterinary Services

    Location Insight

    • Map
    • Local Demand
    City
    Panama City
    County
    Walton
    State
    Florida
    Longitude
    -85.665578
    Latitude
    30.191805

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    FAQs

    What type of property is this?
    Medical office - 9,219 SF Class A space near HCA Hospital.
    Where is this medical office located?
    The property is located at 2402 State Ave Panama City, FL.
    What is the asking price?
    The asking price for this property is $28.
    What are key features of this property?
    This property features: - Class A medical & office space in a strategic location near HCA Florida Gulf Coast Hospital.; - Available Q1 2026 with pre-leasing options.; - **9,216 SF first-floor space with modern architecture and premium finishes.**
    (850) 249-2879
    Request Owner's contact information
    2402 State Ave Panama City, FL 32405
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    Panama City, FL 32405
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2402 State Ave Panama City, FL 32405
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