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Waterfront Class A Office Units
For Lease
$22 SF/Yr

305-430 W 5th St, Panama City, FL 32401

Third-story office space offers private offices, collaborative areas, and views across the marina and St. Andrews Bay.

Space SizeContact for details
Days on Market8

Property Features for 305-430 W 5th St

General Information

Standard status Active
Class A

Space & Availability

Floor 3
Space Use Office
Private Offices 11
Meeting Rooms 1
Furnished Yes

Amenities

waterfront
city views
marina views
St. Andrews Bay views
modern kitchen/cafe/supply

Building Details

Year Renovated 2021
Listing Agency: Bluewater Commercial LLC
Listed By: Chris Hine · License #3073035
Source: Exprealty
Added: Aug 11 Changed: Aug 16 Last Checked: Aug 18 at 1:22PM

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 Bluewater Commercial LLC

Investment Insights

Based on property information with market context.

Located on the third story, this waterfront Class A office provides a substantial professional layout with 11 private offices featuring glass storefronts. The configuration also includes a receptionist and foyer area, a modern kitchen, café and supply areas, a conference room, and a dedicated data room. Included cubicles support additional workstations, while ceiling heights range from 10' to 16'.

The space was fully renovated in 2021 and has seen limited use since completion. Its waterfront setting provides views of the city, marina, and St. Andrews Bay. The building is wind rated to 186 mph, and the floor plan is arranged for efficient office operations.

Key Highlights

  • Third‑story waterfront Class A office space
  • 11 private offices with glass storefronts
  • Renovated in 2021 and lightly used since

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Restaurant Real Estate Agency Spa & Massage Center Auto Parts Store Gym & Fitness Center Hair Salon

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
$3.30 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

249
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

Market

Lease Benchmarks for Panama City, FL

$17.58 /SF/Yr
Avg Asking Price
$5.87–$44 /SF/Yr
Price Range
27,686 SF
Avg Space Size

This space is priced 25% above the average of $17.58 /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
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Frequently Asked Questions

What type of property is this?
Office units - Third-story office space offers private offices, collaborative areas, and views across the marina and St. Andrews Bay.
Where is this office units located?
The property is located at 305-430 W 5th St Panama City, FL.
What is the lease rate?
The lease rate is $22 SF/Yr.
What are key features of this property?
This property features: Third‑story waterfront Class A office space; 11 private offices with glass storefronts; Renovated in 2021 and lightly used since
More about this property
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