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    307 E 5Th St Panama City, FL 32401

    Sponsored
    For Sale
    $315,000

    SINGLE_FAMILY - Panama City, FL

    Type:Office
    Lot size:
    0.11 Acres
    Days on Market:
    12
    Last Refresh:
    Jan 8 at 12:06 am

    Property Features for 307 E 5Th St

    General Information

    Property type
    Residential
    Property subtype
    Office
    Standard status
    Active
    APN
    19779-000-000
    Accessibility
    Accessible Approach with Ramp
    Lot size
    0.11 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central, Electric (Heating)
    Water front
    1

    Building Details

    Year built
    1978

    Hitchcock Real Estate LLC (850) 866-2158 [email protected]

    Listing agent Brenton Hitchcock (850) 481-0095

    Listing date Dec 28, 2025

    Copyright © 2026 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Downtown Panama City Office

    This commercial office space is located in downtown Panama City, Florida, adjacent to the courthouse. The property has been completely renovated, offering a modern environment suitable for businesses of all sizes. The office space includes five private offices designed for functionality and comfort. A spacious conference room is available for meetings, presentations, and collaborative work. The location is near the courthouse, making it suitable for legal firms, consulting agencies, or other professional services. Upgrades include new flooring, lighting, HVAC systems, and high-end finishes throughout. The lot size is 0.11 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    CALOR BUSINESS SOLUTIONS ... Bookkeeping Service Gary Johnson Hall Labor Union Lyda Russ & Olmstead ... Insurance Agency

    Suggested Use

    Realty agency Restaurant Law Firm 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.

    Location Insight

    • Map
    • Local Demand
    City
    Panama City
    County
    Walton
    State
    Florida
    Longitude
    -85.657845
    Latitude
    30.157194

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    FAQs

    What type of property is this?
    Office space - Completely renovated office space in downtown Panama City, Florida.
    Where is this office space located?
    The property is located at 307 E 5Th St Panama City, FL.
    What is the asking price?
    The asking price for this property is $315,000.
    What are key features of this property?
    This property features: - Prime downtown location adjacent to the courthouse; - Completely renovated with new flooring, lighting, HVAC, and high-end finishes; - Five private offices designed for functionality and comfort
    (850) 481-0095
    Request Owner's contact information
    307 E 5Th St Panama City, FL 32401
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    Panama City, FL 32401
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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
    307 E 5Th St Panama City, FL 32401
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