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    704 W 23Rd St Panama City, FL 32405

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    For Lease
    $18 SF/Yr ($3,021 /Mo)

    2,015 SF office suite near 23rd Street retail corridor.

    Property size:
    2,014 SF
    Lot size:
    3.53 Acres

    Property Features for 704 W 23Rd St

    General Information

    Size
    2,014 SF
    Lot size
    3.53 Acres

    Source: Five Bridges Real Estate Services Agent Kevin Wattenbarger, CCIM

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

    Overview

    Professional Office Suite For Rent

    This 2,015 square foot office suite features an efficient professional layout, including six private offices, one of which is an executive office with an en-suite restroom. The suite also contains three restrooms, including one with lobby access. A 29-foot by 22-foot open work area is suitable for collaborative workspace or cubicles. Additional features include a large meeting or conference room, a dedicated reception and waiting area, and a kitchen or breakroom for staff convenience. Ample surface parking is available for staff and clients. The property is located one block from the 23rd Street retail corridor and is centrally located near Gulf Coast and Sacred Heart hospitals. The intended use of the property is for office space.
    Insight Report Location Intelligence

    Current Use by Public Records

    Bacot Academy School ... Special Education School Children's Home Society ... Non-Profit Organization Tech Strategies Classroom School The Pink Powerhouse Training Centre

    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
    -85.6712403
    Latitude
    30.1910206

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    FAQs

    What type of property is this?
    Office space - 2,015 SF office suite near 23rd Street retail corridor.
    Where is this office space located?
    The property is located at 704 W 23Rd St 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: - Efficient 2,015 ± SF office suite with professional layout.; - Centrally located near Gulf Coast & Sacred Heart hospitals.; - **6 private offices, including an executive office with en-suite restroom.**
    (850) 913-9133
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    704 W 23Rd St 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
    704 W 23Rd St Panama City, FL 32405
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