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Small Office Building with 4 Offices
For Lease
$2,400/Mo
Pending

309 E 7th Street, Panama City, FL 32401

COMMERCIAL - Panama City, FL

Space SizeContact for details
Days on Market252

Property Features for 309 E 7th Street

General Information

Property type Commercial Lease
Property subtype Office
Zoning description Office/Prof, City
Accessibility Accessible Approach with Ramp
Subdivision [No Recorded Subdiv]
Elementary school Cherry Street
Middle school Jinks
High school Bay
Directions From E 23rd Street, turn left onto Martin Luther King Jr. Boulevard. After 2 miles, turn right onto E 7th Street, then at a half mile, the destination will be on your right.
Standard status Pending
APN 17674-000-000
Size 1,903 SF

Taxes and HOA fees

Tax Description GULFVIEW ADD. E 1/2 LOTS 24, 25 BLK 1
Legal Description GULFVIEW ADD. E 1/2 LOTS 24, 25 BLK 1

Utilities

Heating system Central, Electric (Heating)

Amenities

full bathroom
kitchen or break area
reception area

Building Details

Year built 1940
Floors in Building 1
Flooring type Tile
Building materials VinylSiding
Roof type Shingle
Listing Agency: Overstreet Realty
Listed By: Molly M Shores · License #SL3464778
Added: Dec 4, 2025 Changed: Aug 6 Last Checked: Aug 13 at 5:06AM
MLS# 782344

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 office building offers a practical small-business layout with four private offices, a reception area, one full bathroom, and a kitchen or break area. Interior finishes include tile flooring and vinyl siding, supported by central heating with electric heat. The building also has an accessible approach with a ramp and a shingle roof. Constructed in 1940, it is positioned for immediate occupancy.

The property is located at 309 E 7th Street in Panama City, FL (Bay County) with easy access to major roads and nearby local businesses and amenities.

For professional users needing a compact configuration—private offices plus reception and support space—the layout is designed to operate efficiently from day one.

Key Highlights

  • Four private offices plus reception area
  • Kitchen or break area and one full bathroom
  • Tile flooring and vinyl siding exterior

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Bakery Garden Center Catering Service (Bike/Boat/Book/etc) Store Acupuncture Carpet & Flooring Store

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
$2.27 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,213
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

$17.62 /SF/Yr
Avg Asking Price
$15.13–$25 /SF/Yr
Price Range
22,188 SF
Avg Space Size

This space is priced 14% below the average of $17.62 /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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Clean, functional office building with central electric heat, a reception area, four private offices, and accessible ramp approach.
Where is this office building located?
The property is located at 309 E 7th Street Panama City, FL.
What is the lease rate?
The lease rate is $2,400/Mo.
What are key features of this property?
This property features: Four private offices plus reception area; Kitchen or break area and one full bathroom; Tile flooring and vinyl siding exterior
More about this property
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