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Medical Office Space Near Hospital
For Sale
Contact for pricing
Pending

722 Martin Luther King Jr Boulevard, Panama City, FL 32401

Commercially zoned property positioned one block from Sacred Heart Hospital.

Property SizeContact for details
Days on Market146

Property Features for 722 Martin Luther King Jr Boulevard

General Information

Standard status Pending
Property subtype Special Purpose
Listing Agency: RE/MAX By the Sea
Listed By: Christina Schlink · License #FL # 3137018
Source: Crexi
Added: Apr 11 Changed: Sep 1 Last Checked: Sep 2 at 3:41PM

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 RE/MAX By the Sea

Investment Insights

Based on property information with market context.

This medical office property is located at 722 Martin Luther King Jr Boulevard in Panama City, Florida. Its commercial zoning supports consideration for a medical practice or related office use.

The property sits one block from Sacred Heart Hospital, placing it near an established healthcare facility. Martin Luther King Jr Boulevard carries a reported traffic count of 13000 cars daily and provides four lanes of travel, adding substantial exposure and convenient roadway access.

Key Highlights

  • One block from Sacred Heart Hospital
  • Commercial zoning
  • Reported traffic count of 13000 cars daily

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Bakery (Bike/Boat/Book/etc) Store Veterinary Clinic Garden Center Catering Service Acupuncture

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

1,709
Businesses Nearby
Under-served
Demand for This Use

Demographics for 32401, FL

20,487
Population
10,239
Households
2
Avg Household Size
42
Median Age
20%
College-Educated
86%
High-School Grad
12.5 sq mi
ZIP Area
1,639
Density / Sq Mi
$49,901
Median Household Income
$35,885
Median Earnings
$1,194
Median Rent
$207,000
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Commercially zoned property positioned one block from Sacred Heart Hospital.
Where is this medical office space located?
The property is located at 722 Martin Luther King Jr Boulevard Panama City, FL.
What are key features of this property?
This property features: One block from Sacred Heart Hospital; Commercial zoning; Reported traffic count of 13000 cars daily
More about this property
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