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Four-Suite Professional Office Property
New
For Lease
$1,100/Mo

2809 W 15th Street, Panama City, FL 32401

CommercialLease, Panama City, FL

Space Size600 SF - 2,400 SF
Days on Market3

Property Features for 2809 W 15th Street

General Information

Property type Commercial Lease
Property subtype Office
Subdivision [No Recorded Subdiv]
Elementary school Lucille Moore
Middle school Jinks
High school Bay
Directions Traveling west on 15th street, left on Wilmont across from new Coram's Restaurant
Standard status Active
APN 29670-000-000
Size 8,640 SF

Additional Details

Utilities Included in Rent unspecified utilities

Taxes and HOA fees

Tax Description 1 4S 15W NE1/4 LOT 1 & 2 BLK 8 LESS ROW ORB 4832 P 1825
Legal Description 1 4S 15W NE1/4 LOT 1 & 2 BLK 8 LESS ROW ORB 4832 P 1825

Utilities

Heating system Central, Electric (Heating)
Cooling system Central Air

Building Details

Year built 1986
Number of units 12
Flooring type Tile, Carpet
Building materials VinylSiding, WoodSiding, WoodFrame
Roof type Metal
Listing Agency: Think Real Estate
Listed By: Luke Brooks · License #SL3534893
Added: Oct 21 Changed: Oct 23 Last Checked: Oct 23 at 7:06PM
MLS# 796936

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.

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Investment Insights

Based on property information with market context.

Four office suites of 600 square feet each are offered individually, with the option to lease more than one. Each suite has two private offices, a kitchenette, and a private bathroom. Interior finishes and renovation work differ among the suites. The building contains 12 units, arranged with six on each floor; all current downstairs occupants are commercial, while two upstairs residential units are slated to convert to commercial use when their leases expire.

Located at Cedar Square in St. Andrews, the property is within walking distance of more than 20 restaurants. The building was constructed in 1986 and has central air conditioning and central electric heat. Flooring includes tile and carpet.

Key Highlights

  • Four available suites at 600 square feet each
  • Suites can be leased individually or combined
  • Two private offices, a kitchenette, and a private bathroom in each suite

Property Analytics

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Current Use

Searcy Agency Insurance Agency Kids Culinary Academy ... Charitable Organization Fish Rack Restaurant SOLID ROCK SOLUTIONS ... Psychotherapist Finely Inked By ... Tattoo & Piercing Shop

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency Gym & Fitness Center Accounting Firm Parking Lot & Garage

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

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

658
Businesses Nearby

Demographics for 32401, FL

20,487
Population
10,239
Households
2
Avg Household Size
42
Median Age
20%
College-Educated
86%
High-School Grad
12.5 sq mi
ZIP Area
1,639
Density / Sq Mi
$49,901
Median Household Income
$35,885
Median Earnings
$1,194
Median Rent
$207,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Panama City, FL

$18.85 /SF/Yr
Avg Asking Price
$5.87–$44.22 /SF/Yr
Price Range
33,698 SF
Avg Space Size

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

Frequently Asked Questions

What type of property is this?
Office unit - Each space includes two private offices, a kitchenette, and a dedicated bathroom.
Where is this office unit located?
The property is located at 2809 W 15th Street Panama City, FL.
What is the lease rate?
The lease rate is $1,100/Mo.
What are key features of this property?
This property features: Four available suites at 600 square feet each; Suites can be leased individually or combined; Two private offices, a kitchenette, and a private bathroom in each suite
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