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Office Unit in Lyndell Centre
For Lease
$25 SF/Yr

12133 Panama City Beach Parkway, Panama City Beach, FL 32407

Commercial for Lease, Panama City Beach, FL

Space Size1,500 SF
Days on Market139

Property Features for 12133 Panama City Beach Parkway

General Information

Property type Commercial Lease
Property subtype Other
Zoning Commercial
Directions Located on the south side of Panama City Beach Parkway at the southeast corner of Lyndell Lane. West of Alf Coleman Road and East of Holiday Golf Course and driving range.
Subdivision 27 - Bay County
Standard status Active
APN 34039-161-000
Size 10,500 SF

Building Details

Year built 2002
Listing Agency: Counts Real Estate Group Inc
Listed By: Christopher S McCall · License #666647
Added: Jun 12 Changed: Oct 1 Last Checked: Oct 28 at 1:06PM
MLS# 1011213

Copyright © 2026 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This office property in Lyndell Centre was built in 2002 and includes a 1,500-square-foot office space within a 10,500-square-foot property. The asset carries Commercial zoning and is positioned at the southeast corner of Panama City Beach Parkway and Lyndell Lane.

The property is located at 12133 Panama City Beach Parkway in Panama City Beach, Florida, within Bay County. Its corner placement provides a clearly defined setting along Panama City Beach Parkway, with the Lyndell Centre identity adding a recognizable commercial context.

Key Highlights

  • 1,500‑square‑foot office space
  • 10,500‑square‑foot property
  • Commercial zoning

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Office Units

Suggested Use

Top Pick Dental Office HVAC Service Auto Parts Store Electrical Service Grocery & Convenience Store Furniture & Home Goods

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

Lease Details

NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

344
Businesses Nearby

Demographics for 32407, FL

14,366
Population
12,163
Households
1.2
Avg Household Size
41
Median Age
40%
College-Educated
96%
High-School Grad
14.9 sq mi
ZIP Area
964
Density / Sq Mi
$79,052
Median Household Income
$44,027
Median Earnings
$1,792
Median Rent
$403,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Panama City Beach, FL

$18.04 /SF/Yr
Avg Asking Price
$1.38–$35 /SF/Yr
Price Range
23,502 SF
Avg Space Size

This space is priced 39% above the average of $18.04 /SF/Yr.

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 unit - Commercially zoned office space at a prominent Panama City Beach intersection.
Where is this office unit located?
The property is located at 12133 Panama City Beach Parkway Panama City Beach, FL.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: 1,500‑square‑foot office space; 10,500‑square‑foot property; Commercial zoning
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