Two Panama City Office
2309 Frankford Avenue, Panama City, FL 32405
Two office buildings for sale in Panama City, Florida.
Property size:
3,555 SFLot size:
0.35 AcresPrice / SF:
$365/SF- Added:
- Mar 7, 2026
- Days on Market:
- 76
- Last Refresh:
- Mar 16 at 11:01 am
Property Features for 2309 Frankford Avenue
General Information
- Standard status
- Active
- Size
- 3,555 SF
- Lot size
- 0.35 Acres
Building Details
- Year Built
- 1996
Listing agent MOE MOSSA License #169076
Listing office SAVVY AVENUE LLC (888) 490-1268
Listing date Mar 7, 2026
Source Corcoran
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 SAVVY AVENUE LLC
HighLights
- Two brick office buildings totaling 3,555 sq. ft. with diversified income streams.
- Existing lease to Pyne Law provides $42,000 annual income.
- Second building ideal for medical or professional practice with 5 offices, lobby, kitchen/break room, and private rear entrance.
- High‑traffic corner location at a lighted intersection.
- Owner financing available with flexible terms (10% down, 30yr mortgage, 6.75% APR).
- Solar panel system significantly reduces electrical costs (approximately $50/month).
Overview
Two office buildings totaling 3,555 square feet are available for purchase. One building, constructed in 1999 and located at 2309 Frankford Ave, Panama City, FL 32405, is a 1,871-square-foot brick structure currently under a 5-year lease to Pyne Law, generating a monthly income of $3,500 or $42,000 annually. The second brick building, located at 2104 W 23rd St. Panama City FL 32405, offers 1,684 square feet and features five offices, a lobby, a kitchen/break room, men's and women's bathrooms, a copier room, a stock room, and a storage room. It also includes covered parking and a rear entrance to a lockable rear office, making it suitable for a doctor or professional practice. The property benefits from a paved parking lot with ample parking and a high-traffic corner location at a lighted intersection on a main street thoroughfare. Additionally, the property generates $5,000 annually from a digital billboard. An 11.5 KW solar panel photovoltaic system reduces electrical costs to approximately $50 per month. Average property taxes are $421 per month ($5,056 per year), and the Business Owners Policy costs $884 per month ($10,603 per year). WiFi/Internet is included and paid for one year.
Property Profile
Location Intelligence
Current Use by Public Records
Landrum Professional
Employment Agency
Pyne Law Group ...
Law Firm
Location Insight
- Map
- Local Demand
- City
- Panama City
- County
- Walton
- State
- Florida
- Longitude
- -85.6922279
- Latitude
- 30.1904879
Nearby Similar for Sale
FAQs
What type of property is this?
Office building - Two office buildings for sale in Panama City, Florida.
Where is this office building located?
The property is located at 2309 Frankford Avenue Panama City, FL.
What is the asking price?
The asking price for this property is $1,299,000.
What are key features of this property?
This property features: Two brick office buildings totaling 3,555 sq. ft. with diversified income streams.; Existing lease to Pyne Law provides $42,000 annual income.; Second building ideal for medical or professional practice with 5 offices, lobby, kitchen/break room, and private rear entrance.
