Climate-Controlled Flex
For Lease
$8 SF/Yr
1919 Drummond Avenue, Panama City, FL 32405
CommercialLease, Panama City, FL
Space SizeContact for details
Lot Size0.39 Acres
Days on Market171
Property Features for 1919 Drummond Avenue
General Information
Property type
Commercial Lease
Property subtype
Other
Subdivision
Drummond & Ware Add
Elementary school
Lucille Moore
Middle school
Jinks
High school
Bay
Directions
Take Michigan ave go east on 20th. The building at the corner of 20th and Drummond Ave
Standard status
Active
APN
28045-000-000
Size
7,220 SF
Lot size
0.39 Acres
Taxes and HOA fees
Tax Description
DRUMMOND & WARE ADD LOTS 1,2 BLK 30 ORB 4039 P 1459 MAP 79D2
Legal Description
DRUMMOND & WARE ADD LOTS 1,2 BLK 30 ORB 4039 P 1459 MAP 79D2
Utilities
Sewer type
Public Sewer
Building Details
Year built
1955
Floors in Building
2
Flooring type
Concrete, Tile
Building materials
Block
Listing Agency:
Keller Williams Success Realty · Keller Williams Realty
(850) 249-0313
Listed By:
Maxim Sedov · License #3270994
(850) 319-5725
Added: Apr 20
Changed: Sep 14
Last Checked: Oct 7 at 3:06PM
MLS# 788612
Copyright © 2026 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 7,220-square-foot flex property combines a climate-controlled warehouse with 12-foot ceilings, air-conditioned office space, and two second-floor apartments. Each apartment includes two bedrooms, one bathroom, a full kitchen with appliances, a living room, and laundry equipment. The block construction, concrete and tile flooring, public sewer, new roll-up bay doors, and motorized sliding gate support a range of commercial operations.
The property occupies a 0.39-acre corner lot just off Michigan Avenue, with access from both Highway 98 and 23rd Street. A gated yard provides secured outdoor space, while additional parking is available in front of the office. The configuration includes warehouse, office, residential, and yard components within one commercial property.
The property occupies a 0.39-acre corner lot just off Michigan Avenue, with access from both Highway 98 and 23rd Street. A gated yard provides secured outdoor space, while additional parking is available in front of the office. The configuration includes warehouse, office, residential, and yard components within one commercial property.
Key Highlights
- 7,220 SF flex property on a 0.39‑acre corner lot
- Climate‑controlled warehouse with 12‑foot ceilings and air‑conditioned office space
- Two second‑floor 2‑bedroom, 1‑bath apartments with full kitchens and laundry equipment
Property Analytics
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Current Use
Lease Details
12 ft
Clear height
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$1.20 /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
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Market
Lease Benchmarks for Panama City, FL
$10.85 /SF/Yr
Avg Asking Price
$5.87–$16 /SF/Yr
Price Range
20,701 SF
Avg Space Size
This space is priced 26% below the average of $10.85 /SF/Yr.
Vacancy Rate% for Office in South region
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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 - Block commercial property combines warehouse space, offices, secure yard access, and two upstairs apartments.
Where is this flex space located?
The property is located at 1919 Drummond Avenue Panama City, FL.
What is the lease rate?
The lease rate is $8 SF/Yr.
What are key features of this property?
This property features: 7,220 SF flex property on a 0.39‑acre corner lot; Climate‑controlled warehouse with 12‑foot ceilings and air‑conditioned office space; Two second‑floor 2‑bedroom, 1‑bath apartments with full kitchens and laundry equipment
