Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    2423 - 2499 Hwy 77 Panama City, FL 32405

    Source: https://www.saltercompany.com
    For Lease
    $18 SF/Yr ($9,967 /Mo)

    High-traffic location, flexible spaces available

    Lot size:
    6,645 SF

    Description

    Added:
    Mar 3, 2025
    Days on Market:
    282
    This exceptional retail opportunity encompasses 6,645 square feet of leasable space within the vibrant Gilberg's Plaza, situated at 2423-2499 Hwy 77 in Panama City, Florida, 32405. Three individual spaces remain available, offering flexibility for various business types. Sizes range from a minimum of 1,550 square feet to a maximum of 6,725 square feet, providing options to suit diverse needs. The property's prime location ensures high visibility and accessibility, making it ideal for retail, medical, or office uses. The lease is structured as a NNN (Net, Net, Net) agreement, with an annual rate of $18 per square foot. Property taxes per square foot are not included in the lease rate. This is a fantastic chance to establish or expand your business in a thriving commercial center. The property is ready for immediate occupancy, offering a unique opportunity to secure a prominent presence in a high-traffic area of Panama City. Contact us today to schedule a viewing and explore the possibilities.

    Property Features for 2423 - 2499 Hwy 77

    General Information

    Property type
    Other retail properties
    Lease Type
    NNN
    RSF (Rentable sq. ft)
    6,645 SF
    USF (Usable sq. ft)
    6,645 SF
    Elevators
    N/A
    Total Rate
    9967.5

    Building Details

    Year Renovated
    2019
    Buildings
    1
    Stories
    1

    HighLights

    • Prime Panama City, FL location on Hwy 77.
    • Three available spaces, 1,550‑6,725 sq ft, ideal for retail, medical, or office.
    • NNN lease, 6,645 sq ft total available, $18/sq ft yearly rate.
    Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Panama City
    State
    Florida
    Longitude
    -87.272296
    Latitude
    30.435839

    Nearby Similar for Lease

    • $4,000 /Mo

      Downtown Panama City Commercial Space

      Rare commercial space for lease in downtown Panama City.
      602 Harrison Ave, Panama City, FL 32401
      View Details
    • $5,000 /Mo

      Versatile Office and Warehouse Space

      Versatile office and warehouse space in an ideal location.
      1337 W 19Th St, Panama City, FL 32405
      View Details
    • $21 SF/Yr

      Downtown Panama City Office Space

      Professional office space in downtown Panama City for rent.
      455 Harrison Ave, Panama City, FL 32401
      View Details
    • $8 SF/Yr
      4,000 SF

      Panama City Warehouse and Office

      Warehouse and office space available for lease in Panama City.
      1220 Transmitter Rd, Panama City, FL 32401
      View Details
    • $16 SF/Yr

      Warehouse and Office Space Available

      Warehouse and office space for lease in Panama City, FL.
      1220 Transmitter Rd, Panama City, FL 32404
      View Details
    • $2,850 /Mo
      Pending

      Corner Lot Office Space

      Office space on corner lot with high visibility.
      5000 Highway 22 E, Panama City, FL 32404
      View Details

    FAQs

    What type of property is this?
    Other retail property - High-traffic location, flexible spaces available
    Where is this other retail property located?
    The property is located at 2423 - 2499 Hwy 77 Panama City, FL.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: Prime Panama City, FL location on Hwy 77.; Three available spaces, 1,550-6,725 sq ft, ideal for retail, medical, or office.; NNN lease, 6,645 sq ft total available, $18/sq ft yearly rate.
    (251) 471-1000
    Request Owner's contact information
    2423 - 2499 Hwy 77 Panama City, FL 32405
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2423 - 2499 Hwy 77
    Panama City, FL 32405
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    2423 - 2499 Hwy 77 Panama City, FL 32405
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.