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Modern Office Building For Sale
For Sale
$589,000

1806 Brown Avenue, Panama City, FL 32405

Well-maintained office building with flexible suites and modern amenities.

Property Size3,476 SF
Days on Market570

Property Features for 1806 Brown Avenue

General Information

Standard status Active
Size 3,476 SF

Building Details

Building Size 3,476 SF
Year Built 2016
Listing Agency: LUXE COASTAL REALTY GROUP LLC
Listed By: Deena Mustafa
Source: Evrealestate
Added: Apr 3, 2025 Changed: Sep 8 Last Checked: Oct 23 at 7:54AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LUXE COASTAL REALTY GROUP LLC

Rey
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Investment Insights

Based on property information with market context.

This professional office building, constructed in 2016, features ten flexible office suites suitable for various business operations. The interior is thoughtfully designed with two full kitchens, two bathrooms, and potential laundry space. A state-of-the-art sound and security camera system is installed throughout the building. At the rear, a large dedicated storage space is available, suitable for inventory, equipment, or archiving.

Key Highlights

  • Significant price drop represents an incredible investment opportunity.
  • Modern office building constructed in 2016 and impeccably maintained.
  • Ten flexible office suites suitable for various business operations.

Property Analytics

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Current Use

Meyers Electric, LLC Electrical Service

Suggested Use

Top Pick Dental Office Parking Lot & Garage Law Firm Electrical Service Grocery & Convenience Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

296
Businesses Nearby

Demographics for 32405, FL

28,158
Population
13,585
Households
2.1
Avg Household Size
40
Median Age
29%
College-Educated
92%
High-School Grad
18.8 sq mi
ZIP Area
1,498
Density / Sq Mi
$71,002
Median Household Income
$41,867
Median Earnings
$1,418
Median Rent
$255,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office building - Well-maintained office building with flexible suites and modern amenities.
Where is this office building located?
The property is located at 1806 Brown Avenue Panama City, FL.
What is the asking price?
The asking price for this property is $589,000.
What are key features of this property?
This property features: Significant price drop represents an incredible investment opportunity.; Modern office building constructed in 2016 and impeccably maintained.; Ten flexible office suites suitable for various business operations.
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