10010 Hutchison Boulevard, Panama City Beach, FL 32407
Office building with flexible layout, private offices, conference room, and onsite parking for tenant operations.
- Added:
- Jun 9, 2026
- Days on Market:
- 6
- Last Refresh:
- Jun 13 at 2:36 am
Property Features for 10010 Hutchison Boulevard
General Information
- Standard status
- Active
- Size
- 3,179 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1977
Listing agent RIC R HOLT License #3228641
Listing office RC REAL ESTATE GROUP (850) 249-6100
Listing date Jun 9, 2026
Source Corcoran
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of RC REAL ESTATE GROUP
HighLights
- Office building built in 1977 with a flexible layout for professional uses
- Downstairs includes 11 offices plus reception/lobby, conference room, kitchen breakroom, and storage areas
- Three restrooms, a copier supply room, and multiple storage closets/areas on the main level
- Upstairs has 4 additional offices for expanded tenant or team space
- Onsite parking in both the front and back of the building
- Lighted signage on Hutchison Blvd and landscaping for curb appeal
Overview
Parking is provided in both the front and back of the building, supporting convenient access for employees and visitors. The property has lighted signage on Hutchison Blvd and landscaping around the building, contributing to strong curb appeal. The current use is as a real estate company, with the space described as offering many possible uses for different businesses.
With multiple office rooms, a reception area, and a conference room, this layout suits a variety of professional tenants that need both client-facing space and private work areas. The combination of on-site parking and lighted signage can support day-to-day business visibility and ease of access.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $89.6k | $28.20 |
| − Vacancy | −$18.4k | −$5.78 |
| EGI | $71.3k | $22.42 |
| − OpEx | −$17.8k | −$5.60 |
| NOI | $53.5k | $16.81 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Panama City Beach
- County
- Bay
- State
- Florida
- Longitude
- -85.803531
- Latitude
- 30.1816161