Climate-Controlled Flex
For Lease
$7 SF/Yr
1919 Drummond Ave, Panama City, FL 32405
Warehouse improvements include air-conditioned office space and two second-floor apartments.
Space SizeContact for details
Days on Market20
Property Features for 1919 Drummond Ave
General Information
Standard status
Active
Building Details
Year Built
1955
Listing Agency:
Keller Williams Success Realty
(850) 319-5725
Listed By:
Maxim Sedov · License #3270994
Source:
Bemajorteam
Added: Aug 11
Changed: Aug 29
Last Checked: Aug 29 at 3:28PM
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 Keller Williams Success Realty
Investment Insights
Based on property information with market context.
This 7,220 SF flex property combines a climate-controlled warehouse with 12-foot ceilings and air-conditioned office space. The cement-block and concrete construction includes updated motorized gate equipment and new roll-up bay doors. A secure yard is enclosed by an electric gate, while the corner-lot layout provides additional parking in front of the office.
Two second-floor apartments each offer two bedrooms and one bathroom, along with a full kitchen, living area, and laundry room equipped with a washer and dryer. The property occupies 0.39 acres and was built in 1955.
Located at 1919 Drummond Ave, the property sits near Michigan Ave with access to Hwy 98 and 23rd St. The combination of warehouse, office, yard, and residential improvements supports a range of operational configurations within one commercial property.
Two second-floor apartments each offer two bedrooms and one bathroom, along with a full kitchen, living area, and laundry room equipped with a washer and dryer. The property occupies 0.39 acres and was built in 1955.
Located at 1919 Drummond Ave, the property sits near Michigan Ave with access to Hwy 98 and 23rd St. The combination of warehouse, office, yard, and residential improvements supports a range of operational configurations within one commercial property.
Key Highlights
- 7,220 SF flex property with climate‑controlled warehouse space
- 12‑foot warehouse ceilings with air‑conditioned office space
- Two second‑floor apartments, each with 2 bedrooms and 1 bathroom
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.05 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
532
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 32405, FL
28,158
Population
13,585
Households
2.1
Avg Household Size
40
Median Age
29%
College-Educated
92%
High-School Grad
18.8 sq mi
ZIP Area
1,498
Density / Sq Mi
$71,002
Median Household Income
$41,867
Median Earnings
$1,418
Median Rent
$255,100
Median Home Value
Market
Lease Benchmarks for Panama City, FL
$8.75 /SF/Yr
Avg Asking Price
$5.87–$14 /SF/Yr
Price Range
10,454 SF
Avg Space Size
This space is priced 20% below the average of $8.75 /SF/Yr.
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Similar Off Market Nearby
- Corams on the Road — 4200 W 23rd St, Panama City, FL 32405
Frequently Asked Questions
What type of property is this?
Flex space - Warehouse improvements include air-conditioned office space and two second-floor apartments.
Where is this flex space located?
The property is located at 1919 Drummond Ave Panama City, FL.
What is the lease rate?
The lease rate is $7 SF/Yr.
What are key features of this property?
This property features: 7,220 SF flex property with climate‑controlled warehouse space; 12‑foot warehouse ceilings with air‑conditioned office space; Two second‑floor apartments, each with 2 bedrooms and 1 bathroom
