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    11 W 23Rd St, Unit A Panama City, FL 32405

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    For Lease
    $20 SF/Yr ($7,833 /Mo)

    Office building featuring private offices, kitchen, and convenient access.

    Property size:
    4,700 SF
    Lot size:
    4,700 SF

    Property Features for 11 W 23Rd St

    General Information

    Standard status
    Active
    Size
    4,700 SF

    Building Details

    Year built
    1981

    Source: RESOURCE REALTY GROUP, LLC Agent NEIL C JONES

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Move-in Ready Office Building

    This move-in ready office building offers 4,700 square feet of space. The layout includes ten private offices, a kitchen/breakroom, and multiple restrooms on each floor. Convenient access to the second floor is provided by both an elevator and stairs. The property is suitable for office use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Chandler & Associates Inc Real Estate Appraiser Met Life Insurance Agency Bay County Land ... Title Company Neal Dunn for Congress Government Office F&F Construction Inc. Construction Company

    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
    County
    Walton
    State
    Florida
    Longitude
    -85.6593953
    Latitude
    30.188764

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    FAQs

    What type of property is this?
    Office building - Office building featuring private offices, kitchen, and convenient access.
    Where is this office building located?
    The property is located at 11 W 23Rd St, Unit A Panama City, FL.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: - Move-in ready condition.; - Ten private offices.; - Elevator access to the second floor.
    (850) 630-4500
    Request Owner's contact information
    11 W 23Rd St, Unit A Panama City, FL 32405
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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
    11 W 23Rd St, Unit A Panama City, FL 32405
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