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    Professional Office Building Title is generated by Realmo AI

    10010 Hutchison Boulevard, Panama City Beach, FL 32407

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    For Sale
    $925,000

    SINGLE_FAMILY - Panama City Beach, FL

    Type:Office
    Property size:
    3,179 SF
    Lot size:
    0.60 Acres
    Price / SF:
    $290/SF
    Added:
    Jun 8, 2026
    Days on Market:
    3
    Last Refresh:
    Jun 10 at 1:06 pm

    Property Features for 10010 Hutchison Boulevard

    General Information

    Property type
    Residential
    Property subtype
    Office
    Accessibility
    Accessible Approach with Ramp
    Standard status
    Active
    APN
    34881-010-000
    Size
    3,179 SF
    Lot size
    0.60 Acres

    Taxes and HOA fees

    Tax Description
    36 3S 16W -68.1- BEG INTERS OF E LI OF NE1/4 OF SW1/4 OF SEC & N RW LI CLARENCE RD TH W 72.98' NWLY 152.20' NELY 230' TH S 266' TO POB ORB 3489 P 2194

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central, Electric (Heating)
    Cooling system
    Ceiling Fan(s)

    Building Details

    Year built
    1977
    Floors in Building
    2
    Flooring type
    Carpet, Tile
    Building materials
    HardiplankType
    Roof type
    Metal

    We can help!

    Listing Contact
    Ric R Holt

    Listing agent Ric R Holt License #3228641

    Listing office RC Real Estate Group 10010 Hutchison Blvd, Panama City Beach, FL

    Listing date Jun 8, 2026

    MLS# 791047

    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.

    HighLights

    • Professional office building with 11 offices downstairs plus 4 upstairs offices
    • Includes reception/lobby, conference room, and a kitchen breakroom
    • Three restrooms, plus copier supply room, storage closet, and additional storage area
    • Parking available in front and back of the building; lighted signage on Hutchison Blvd
    • Metal roof; Hardiplank type construction; carpet and tile flooring
    • Accessible approach with ramp; public sewer; central heating and electric heating

    Overview

    This professional office building is configured with 11 offices on the main level, along with a reception/lobby area, a conference room, three restrooms, a copier supply room, storage closet, additional storage area, and a kitchen/breakroom. The second level includes four additional offices, providing separate workspace for teams or management. Parking is available in both the front and back of the building.

    The property is situated at 10010 Hutchison Boulevard in Panama City Beach, Florida, with lighted signage on Hutchison Blvd. Landscaping around the building supports strong curb appeal.

    The current setup supports office users that need a mix of private rooms, a dedicated reception area, and meeting space. It may also fit a range of professional services given the combination of downstairs and upstairs office areas, restrooms, and breakroom use. The building is presently occupied by a real estate company that is relocating to a new location.

    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
    3,179 SF · lease $28.20/SF/yr · vacancy 20.50% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $763.6K
    $668.2K – $890.9K (±1% cap)
    NOI $53,453 @ 7.0% cap · market cap 5.78%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $926.3K
    $810.5K – $1.08M (±1% cap)
    NOI $64,838 @ 7.0% cap · market cap 7.01%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Panama City Beach
    County
    Bay
    State
    Florida
    Longitude
    -85.803421
    Latitude
    30.181597

    FAQs

    What type of property is this?
    Office building - Two-level office layout with multiple private offices, conference space, and on-site front and rear parking.
    Where is this office building located?
    The property is located at 10010 Hutchison Boulevard Panama City Beach, FL.
    What is the asking price?
    The asking price for this property is $925,000.
    What are key features of this property?
    This property features: Professional office building with 11 offices downstairs plus 4 upstairs offices; Includes reception/lobby, conference room, and a kitchen breakroom; Three restrooms, plus copier supply room, storage closet, and additional storage area
    More about this property
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