Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Panama Plaza Office Space Available Title is generated by Realmo AI

    17320 Panama City Beach Parkway #204, Panama City Beach, FL 32413

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Well-equipped office space with kitchen and versatile storage area.

    Type:Office
    Added:
    Nov 11, 2025
    Days on Market:
    185
    Last Refresh:
    Mar 17 at 1:18 pm

    Property Features for 17320 Panama City Beach Parkway #204

    General Information

    Standard status
    Active
    Property subtype
    Office

    Spaces For Lease

    at 17320 Panama City Beach Parkway #204 Contact us

    204 $1.73/Mo

    Size
    800 SF
    Type
    Office
    Contact us

    We can help!

    Listing Contact
    Ron Jones

    Listing agent Ron Jones License #FL

    Listing office Century 21 Service Realty

    Listing date Nov 11, 2025

    Source Crexi

    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 Century 21 Service Realty

    HighLights

    • Strategic location on Highway 98, close to the intersection of HWY 98 and 79.
    • Cost‑effective rent includes trash and water.
    • Features 3 office rooms, kitchen, separate sink, bathroom, and versatile storage area.
    • High ceilings create a spacious work environment.
    • Conveniently located 20 minutes from the International Airport (ECP) and 15 minutes from the beach.
    • Ample parking spaces for clients.

    Overview

    This office space is located in Panama Plaza on Highway 98, situated approximately 0.75 miles west of the intersection of Highway 98 and 79. The layout includes a kitchen, a separate sink, a bathroom, three office rooms, and a storage area that can be converted into an additional office. The office features high ceilings. Rent includes trash and water services. Tenants are responsible for electricity, phone, and internet expenses. The location is approximately a 20-minute drive to the International Airport (ECP) and a 15-minute drive to the beach. The plaza hosts a diverse range of businesses and provides ample parking. This office space is suitable for various business needs.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Building Supply Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Panama City Beach
    County
    Bay
    State
    Florida
    Longitude
    -85.8941955
    Latitude
    30.2328949

    Nearby Similar for Lease

    • $1,400/Mo
      500 SF

      Move-in Ready Beachside Commercial Space

      Functional commercial space near the beach in Panama City Beach.
      6126 Thomas Drive, Panama City Beach, FL 32408
      View Details
    • $575/Mo
      16,278 SF

      Furnished Office Space For Rent

      Turnkey, furnished office space with utilities included in Panama City.
      4408 Delwood Lane, Panama City Beach, FL 32408
      View Details
    • $2,000/Mo

      Promenade Mall Office Space Available

      Large office space with plumbing in Panama City Beach, FL.
      8317 Front Beach Road 37D, Panama City Beach, FL 32408
      View Details
    • $450/Mo
      2,336 SF

      Affordable Office Space For Rent

      Commercial office space available in Panama City Beach, Florida.
      8317 Front Beach Road, Panama City Beach, FL 32407
      View Details
    • $1,750/Mo
      5,200 SF

      Updated Commercial Space with Warehouse

      Recently updated commercial space with office and warehouse areas.
      512 Commerce Drive, Panama City Beach, FL 32408
      View Details
    • $35 SF/Yr
      7,766 SF

      Retail/Medical/Office Space For Lease

      New construction retail/medical/office space available for lease.
      11697 PANAMA CITY BEACH PARKWAY, PANAMA CITY BEACH, FL 32407
      View Details
    • $4,000/Mo

      Turn-Key Office Space Available

      Professional office space for sublease in Panama City Beach.
      100 R Jackson Boulevard, Panama City Beach, FL 32407
      View Details
    • Sponsored
      Contact for pricing

      FL, Panama City Beach - Panama City Pkwy

      14101 Panama City Beach Pkwy, Panama City Beach, FL 32413
      View Details
    • Contact for pricing
      5,135 SF

      Restaurant Property in Panama City Beach

      Net-leased restaurant property in high-traffic Panama City Beach location.
      10071 Hutchison Blvd, Panama City Beach, FL 32407
      View Details
    • $660/Mo
      48,737 SF

      High Visibility Office Space Available

      Office space with high visibility near major attractions and resorts.
      11205 Hutchison Boulevard #206B, Panama City Beach, FL 32407
      View Details
    • $22 SF/Yr
      5,400 SF

      Panama City Beach Medical Office

      Second-story medical office space in the heart of Panama City Beach.
      12905 Panama City Beach Pkwy, Panama City Beach, FL 32407
      View Details
    • Contact for pricing
      2,500 SF

      Panama City Beach Warehouse Space

      2,500 SF warehouse with office space for lease.
      12202 Hutchison Blvd Unit 380, Panama City Beach, FL 32407
      View Details

    FAQs

    What type of property is this?
    Office units - Well-equipped office space with kitchen and versatile storage area.
    Where is this office units located?
    The property is located at 17320 Panama City Beach Parkway #204 Panama City Beach, FL.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: Strategic location on Highway 98, close to the intersection of HWY 98 and 79.; Cost‑effective rent includes trash and water.; **Features 3 office rooms, kitchen, separate sink, bathroom, and versatile storage area.**
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Ron Jones
    Real Estate License ID: FL
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    17320 Panama City Beach Parkway #204, Panama City Beach, FL 32413
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!