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Two-Suite Office/Retail Space
For Lease
$1,000-$2,950/Mo

234 S Sudduth Place, Panama City, FL 32404

COMMERCIAL - Panama City, FL

Space Size810 SF - 2,460 SF
Days on Market73

Property Features for 234 S Sudduth Place

General Information

Property type Commercial Lease
Property subtype Office
Subdivision W L Wilson
Elementary school Parker
Middle school Everitt
High school Rutherford
Directions South on Tyndall Parkway, turn right on Lakewood Drive, turn right on Suddith Place, property is on the right,
Standard status Active
APN 24920-050-000
Size 3,200 SF

Taxes and HOA fees

Tax Description 13-4S-14W -1.52- 119A1 BEG 396' S & 272' W OF INT OF N LI LOT 3 BLK E W L WILSON PLAT & W R/W US 98 TH S 136.4' W 59.5' N 136.4' & E 59.5' TO POB ORB 4729 P 662
Legal Description 13-4S-14W -1.52- 119A1 BEG 396' S & 272' W OF INT OF N LI LOT 3 BLK E W L WILSON PLAT & W R/W US 98 TH S 136.4' W 59.5' N 136.4' & E 59.5' TO POB ORB 4729 P 662

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Central

Building Details

Year built 1982
Listing Agency: Counts Real Estate Group
Listed By: Charlie B Haas · License #3021473
Added: Jun 18 Changed: Aug 4 Last Checked: Aug 29 at 12:06AM
MLS# 791555

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.

Two interconnected suites provide flexible office and retail space at 234 S Sudduth Place in Panama City, Florida. Suites A and B can be leased together for a total of 2,460 sq. ft., or separately to fit different business needs.

Suite A spans 1,650 sq. ft. and includes a large open floorplan suited for a reception area or showroom, plus 1 office/conference room, restroom, and break/kitchen area. Suite B spans 810 sq. ft. and includes a large reception area or showroom, 1 office, a small breakroom area with sink, and a restroom. The space is described as nicely appointed with ample parking and ready for immediate occupancy.

The property was built in 1982 and is served by central electric HVAC, with public sewer.

Suites are located just off Tyndall Parkway, south of the Winn Dixie Shopping Center and Planet Fitness.

Key Highlights

  • Two interconnected suites total 2,460 sq. ft. or available individually
  • Suite A: 1,650 sq. ft. with open reception/showroom, 1 office, restroom, break/kitchen
  • Suite B: 810 sq. ft. with reception/showroom, 1 office, breakroom sink, restroom

Property Analytics

Current Use

Attention 2 Detail ... Hardware & Home Improvement

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Hair Salon Spa & Massage Center Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.17 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

347
Businesses Nearby

Demographics for 32404, FL

38,186
Population
18,053
Households
2.1
Avg Household Size
40
Median Age
21%
College-Educated
87%
High-School Grad
135.1 sq mi
ZIP Area
283
Density / Sq Mi
$72,208
Median Household Income
$38,701
Median Earnings
$1,355
Median Rent
$239,700
Median Home Value

Market

Lease Benchmarks for Panama City, FL

$17.68 /SF/Yr
Avg Asking Price
$5.87–$44 /SF/Yr
Price Range
27,088 SF
Avg Space Size

This space is priced 18% below the average of $17.68 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Interconnected suites offer flexible office and retail space with reception/showroom areas and on-site parking.
Where is this office units located?
The property is located at 234 S Sudduth Place Panama City, FL.
What is the lease rate?
The lease rate is $2,500/Mo.
What are key features of this property?
This property features: Two interconnected suites total 2,460 sq. ft. or available individually; Suite A: 1,650 sq. ft. with open reception/showroom, 1 office, restroom, break/kitchen; Suite B: 810 sq. ft. with reception/showroom, 1 office, breakroom sink, restroom
More about this property
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