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Panama City Beach Medical Office
For Lease
$22 SF/Yr

12905 Panama City Beach Pkwy, Panama City Beach, FL 32407

Second-story medical office space in the heart of Panama City Beach.

Space Size2,500 SF
Property Size5,400 SF
Days on Market212

Property Features for 12905 Panama City Beach Pkwy

General Information

Standard status Active
Size 2,500 SF
Class A
Property subtype MOB Opportunity
Lease Term NNN

Building Details

Building Size 5,400 SF

Spaces For Lease

at 12905 Panama City Beach Pkwy Contact us

Space 1 $22/SF/Yr

Size
2,500 SF
Type
Medical
Term
Negotiable
Contact us
Listing Agency: NAI TALCOR
Listed By: Patrick Jones, SIOR · License ##SL3610747
Source: Naiglobal
Added: Jan 27 Changed: Aug 8 Last Checked: Aug 26 at 6:21AM

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 NAI TALCOR

Investment Insights

Based on property information with market context.

Located in the heart of Panama City Beach, this two-story medical office building offers a second-story unit available for sale. The property, situated at 12905 Panama City Beach Parkway, features over 275 feet of frontage along Panama City Beach Parkway, providing excellent visibility. Built in 2013, the 2,500-square-foot second-floor medical office space is currently framed in but not finished, offering the opportunity to design to tenant specifications with a $20.00 per square foot Tenant Improvement Allowance. The area is experiencing continuous growth, with multiple newly built apartment buildings nearby. Given the limited availability of Class A medical office space, this property presents a significant opportunity. A pad site for medical office build-to-suits is also available separately for the right client. The location benefits from a high traffic count of 52,000 vehicles per day.

Key Highlights

  • Prime location in the heart of Panama City Beach with HIGH VISIBILITY (275' frontage on Panama City Beach Parkway).
  • Customize the 2,500 SF second‑floor space to tenant specifications with a $20/SF Tenant Improvement Allowance.
  • High traffic count of 52,000, ensuring significant exposure.

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Dental Office Auto Parts Store Pharmacy Law Firm HVAC Service Electrical Service

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
$3.30 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

480
Businesses Nearby
Under-served
Demand for This Use

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

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
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Second-story medical office space in the heart of Panama City Beach.
Where is this medical office space located?
The property is located at 12905 Panama City Beach Pkwy Panama City Beach, FL.
What is the lease rate?
The lease rate is $22 SF/Yr.
What are key features of this property?
This property features: Prime location in the heart of Panama City Beach with HIGH VISIBILITY (275' frontage on Panama City Beach Parkway).; Customize the 2,500 SF second‑floor space to tenant specifications with a $20/SF Tenant Improvement Allowance.; High traffic count of 52,000, ensuring significant exposure.
More about this property
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