Flex Space with A/C Office and
For Lease
$8 SF/Yr
1919 Drummond Avenue, Panama City, FL 32405
COMMERCIAL - Panama City, FL
Space SizeContact for details
Lot Size0.39 Acres
Days on Market121
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
Amenities
motorized sliding gate
roll-up bay doors
secure yard
electric gate
Building Details
Year built
1955
Floors in Building
2
Flooring type
Tile, Concrete
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: Aug 4
Last Checked: Aug 18 at 10:06PM
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 flex space includes a climate-controlled warehouse with a 12ft ceiling, plus A/C office space. The property also features two 2-bedroom, 1-bath apartments located on the 2nd floor, each with a full kitchen with appliances, a living room, and a laundry room equipped with a washer and dryer.
The building is a cement block and concrete construction on a .39 acre corner lot at 1919 Drummond Avenue in Panama City, FL. It sits just off Michigan Ave and is described as easily accessible from both Hwy 98 and 23rd St, with additional parking space in front of the office for vehicles. The secure yard is accessed by an electric gate and is designed to support a range of uses.
On-site improvements include a new motorized sliding gate and new roll-up bay doors. The property was built in 1955, and utilities include public sewer.
The building is a cement block and concrete construction on a .39 acre corner lot at 1919 Drummond Avenue in Panama City, FL. It sits just off Michigan Ave and is described as easily accessible from both Hwy 98 and 23rd St, with additional parking space in front of the office for vehicles. The secure yard is accessed by an electric gate and is designed to support a range of uses.
On-site improvements include a new motorized sliding gate and new roll-up bay doors. The property was built in 1955, and utilities include public sewer.
Key Highlights
- Climate‑controlled warehouse with 12ft ceilings
- A/C office space plus secure spacious yard
- .39 acre corner lot just off Michigan Ave
Property Analytics
Property Profile
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
601
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
$9.33 /SF/Yr
Avg Asking Price
$5.87–$19.63 /SF/Yr
Price Range
10,674 SF
Avg Space Size
This space is priced 14% below the average of $9.33 /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 - Flex space with climate-controlled warehouse, A/C office, and two 2-bedroom, 1-bath apartments on a corner lot.
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: Climate‑controlled warehouse with 12ft ceilings; A/C office space plus secure spacious yard; .39 acre corner lot just off Michigan Ave
