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    2423-2499 Highway 77 Panama City, FL 32409

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    For Lease
    $18 SF/Yr ($6,600 /Mo)

    4,400 SF former gym space, divisible into two suites.

    Property size:
    4,400 SF
    Lot size:
    3.22 Acres

    Property Features for 2423-2499 Highway 77

    General Information

    Size
    4,400 SF
    Lot size
    3.22 Acres

    Source: White-Spunner Realty, Inc. Mobile Agent Crawford Stitt

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

    Overview

    Former Gym Available For Lease

    This 4,400-square-foot space, formerly a gym, is well-suited for a fitness studio. The space could be divided into two separate suites. The center was repainted in 2025 and a portion of the roof was replaced.
    Location Intelligence

    Current Use by Public Records

    Fitness centers & gyms

    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.

    Similar Places Nearby

    Premier Athletics of NWFL, Anytime Fitness, There's No Quit! Kickboxing and Self Defense Studio, Coastal Xtreme Athletics, Surterra Wellness - Medical Marijuana Dispensary | Panama City

    Location Insight

    • Map
    • Local Demand
    City
    Panama City
    County
    Walton
    State
    Florida
    Longitude
    -85.650337
    Latitude
    30.1920484

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    FAQs

    What type of property is this?
    Fitness center & gym - 4,400 SF former gym space, divisible into two suites.
    Where is this fitness center & gym located?
    The property is located at 2423-2499 Highway 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: - 4,400-square-foot space well-suited for a fitness studio.; - Divisible into two separate suites.; - Center repainted in 2025.
    (251) 295-1328
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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
    2423-2499 Highway 77 Panama City, FL 32409
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