Standalone Professional Office
For Lease
$4,500/Mo
5618 Lilly Street, Panama City, FL 32404
CommercialLease, Panama City, FL
Space Size2,272 SF
Days on Market221
Property Features for 5618 Lilly Street
General Information
Property type
Commercial Lease
Property subtype
Office
Subdivision
No Named Subdivision
Elementary school
Parker
Middle school
Everitt
High school
Rutherford
Directions
From the intersection of HWY 22 and Tyndall Parkway, head South on Tyndall Parkway 0.35+/- miles. Turn left onto Lilly Street. Property is on right.
Standard status
Active
APN
06353-000-000
Size
2,272 SF
Taxes and HOA fees
Tax Description
BURKETT'S 1ST ADD LOT 4 ALSO M & B BEG NE COR LOT 4TH E 100' S 167.2' W100' N 167.2'TO BEG (1.03) 131C3 BLK1 ORB 4094 P 397
Legal Description
BURKETT'S 1ST ADD LOT 4 ALSO M & B BEG NE COR LOT 4TH E 100' S 167.2' W100' N 167.2'TO BEG (1.03) 131C3 BLK1 ORB 4094 P 397
Utilities
Sewer type
Public Sewer
Heating system
Central, Natural Gas
Amenities
exterior storage rooms
screened exterior break area
central HVAC
on-site parking
Building Details
Year built
1959
Floors in Building
1
Building materials
HardiplankType
Roof type
Shingle
Listing Agency:
Counts Real Estate Group
(850) 248-3615
Listed By:
Charlie B Haas · License #3021473
(850) 896-2240
Added: Jan 30
Changed: Sep 3
Last Checked: Sep 8 at 5:06PM
MLS# 784443
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.
Investment Insights
Based on property information with market context.
This standalone 2,272-square-foot office building offers a practical configuration for professional operations. The interior includes four private offices, a front reception and lobby area, a break room that can be converted into another office or exam room, a small kitchen, storage, and three restrooms. Central HVAC, two exterior storage rooms, a screened outdoor break area, and on-site parking add functional support space. The building has no shared walls and was constructed in 1959.
Located in Panama City near Tyndall Parkway, the property provides access to Tyndall Air Force Base and nearby commercial areas. Public sewer and natural gas service are in place. The space is available for lease beginning February 15, 2026, and the existing configuration supports medical, dental, engineering, defense contracting, and other professional uses identified for the property.
Located in Panama City near Tyndall Parkway, the property provides access to Tyndall Air Force Base and nearby commercial areas. Public sewer and natural gas service are in place. The space is available for lease beginning February 15, 2026, and the existing configuration supports medical, dental, engineering, defense contracting, and other professional uses identified for the property.
Key Highlights
- 2,272 SF standalone office building with no shared walls
- Four private offices plus front lobby and reception area
- Break room can be adapted into an office or exam room
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
NNN (Triple Net)
Lease Type
$3.57 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
441
Businesses Nearby
Explore this area
Business Placement
Demographics for 32404, FL
38,186
Population
18,053
Households
2.1
Avg Household Size
40
Median Age
21%
College-Educated
87%
High-School Grad
135.1 sq mi
ZIP Area
283
Density / Sq Mi
$72,208
Median Household Income
$38,701
Median Earnings
$1,355
Median Rent
$239,700
Median Home Value
Market
Lease Benchmarks for Panama City, FL
$19.72 /SF/Yr
Avg Asking Price
$15.13–$35.13 /SF/Yr
Price Range
23,592 SF
Avg Space Size
This space is priced 21% above the average of $19.72 /SF/Yr.
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Flexible office layout with private rooms, reception, support areas, and dedicated parking for professional operations.
Where is this office building located?
The property is located at 5618 Lilly Street Panama City, FL.
What is the lease rate?
The lease rate is $4,500/Mo.
What are key features of this property?
This property features: 2,272 SF standalone office building with no shared walls; Four private offices plus front lobby and reception area; Break room can be adapted into an office or exam room
