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Property profile & analytics
FOR LEASE
Office Units
17320 Panama City Beach Pkwy Panama City Beach, FL 32413
Individually Owned
Property ID
US18-8343459
For Lease
1 / 5
$675/Mo
17320 Panama City Beach Pkwy, Panama City Beach, FL 32413
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Property summary
AI-generated overview
Private office space for lease. Conveniently located office building near intersection of Back Beach and Hwy 79. 80sf. $675/mth rent each + Sales Tax. Rent includes furnished office, WIFI, water, sewer, and garbage as well as all other CAM fees.
Property profile
Verified
Property type
Office Units
Year built
1985
Total area
800 SF
UPID
US18-8343459
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Minh Nguyen Phung
Minh Nguyen Phung
since 2026
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Panama City Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Panama City Beach submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office Units
Status
For Lease
Year built
1985
Total area
800 SF
UPID
US18-8343459
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1985
Current owner
From public records · entity-resolved
Minh Nguyen Phung
Individual
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
21 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 2, 2026
—
Poolee Offices LLC
—
Deed
related
$180,000 · Thomasville National Bank
Jan 9, 2026
$170,000
Minh Nguyen Phung
Strategic Concept Design LLC
Warranty Deed
—
Feb 13, 2025
$125,000
Gulf Coast Management Services LLC
205 Panama Plaza LLC
Warranty Deed
—
Dec 26, 2024
$196,000
Gulf Life Real Estate INC
George Elam Mcinnis
Warranty Deed
$196,000 · Lawrence Kratish Etux
Jun 19, 2024
—
Herring Companies INC
Michael Stephen Herring
Deed
related
—
Jan 17, 2024
$201,000
Julia Zhang
George E Mcinnis
Warranty Deed
—
Apr 4, 2023
$195,000
Mike Herring
Ccc Milan LLC
Warranty Deed
—
Sep 16, 2022
$170,000
Rachel Nichole Warrell LLC
Ccc Milan LLC
Warranty Deed
—
Feb 1, 2022
$186,000
Gulf Coast Management Services LLC
William E Holt
Warranty Deed
—
Jan 11, 2021
$315,000
Poole Office Properties LLC
L & S Ventures LLC
Warranty Deed
—
Jun 17, 2020
—
Ccc Milan LLC
Fadi L Milan
Quitclaim Deed
related
—
May 4, 2020
$105,000
Strategic Concept Design LLC
Stehle Panama Plaza LLC
Warranty Deed
$84,000 · Innovations FCU
Mar 2, 2020
$115,000
Fadi L Milan
L & S Ventures LLC
Warranty Deed
—
Jan 22, 2020
$115,000
Hanwen Zhang
Stehle Panama Plaza LLC
Warranty Deed
—
Oct 2, 2019
$105,000
Lazy Beach Properties LLC
Stehle Panama Plaza LLC
Warranty Deed
—
Mar 22, 2019
—
Alinaghi Sodabeh
Azadeh INC
Deed
related
—
Jan 24, 2019
—
Alinaghi Sodaben
Azaden INC
Quitclaim Deed
related
—
Jul 20, 2018
$85,000
Azadeh INC
Dalton Insurance Agency LLC
Warranty Deed
—
Apr 5, 2018
$82,500
Stehle Panama Plaza LLC
Jdh Dev LLC
Grant Deed
—
Nov 2, 2017
$106,000
Lynchpin Tax Properties LLC
Qveritas LLC
Warranty Deed
—
Sep 25, 2017
—
Patricia C Hoover
Hoover,patricia C
Quitclaim Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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