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Retail and Office Space
For Lease
$16 SF/Yr

4001 W 23rd Street, Panama City, FL 32405

COMMERCIAL - Panama City, FL

Space SizeContact for details
Days on Market1166

Property Features for 4001 W 23rd Street

General Information

Property type Commercial Lease
Property subtype Office
Zoning description Commercial, City
Accessibility Accessible Approach with Ramp
Subdivision No Named Subdivision
Elementary school Lucille Moore
Middle school Jinks
High school Bay
Directions The Comcast Building is on West 23rd Street adjacent to Lighthouse Church (the former Carmike Cinemas building).
Standard status Active
APN 27999-040-000
Size 29,826 SF

Taxes and HOA fees

Tax Description DRUMMOND & WARE ADD BEG AT THE WEST R/W LINE OF OF DRUMMOND AVE AND NORTH R/W LINE OF 22ND ST TH W 199.97' N 600.46' TO THE SOUTH R/W OF 23RD ST TH E 190.65' SE 12.28' S 16.50' E 3.17' S 573.30' TO POB AKA PART OF BLK 3 ORB 2899 P 1305
Legal Description DRUMMOND & WARE ADD BEG AT THE WEST R/W LINE OF OF DRUMMOND AVE AND NORTH R/W LINE OF 22ND ST TH W 199.97' N 600.46' TO THE SOUTH R/W OF 23RD ST TH E 190.65' SE 12.28' S 16.50' E 3.17' S 573.30' TO POB AKA PART OF BLK 3 ORB 2899 P 1305

Building Details

Year built 2009
Floors in Building 1
Number of units 1
Flooring type Concrete
Building materials MetalSiding, SteelFrame, Stucco
Roof type Metal
Listing Agency: Counts Real Estate Group Inc
Listed By: Chris S McCall · License #0666647
Added: Jun 21, 2023 Changed: Aug 4 Last Checked: Aug 29 at 8:06PM
MLS# 743028

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.

A 6,250-square-foot commercial suite is available for lease in the Comcast Building. The space is located at the south end of the building, with an as-built floor plan available. Building signage and monument sign top placement are also available, subject to approval.

The property is located at 4001 W 23rd Street in Panama City, Florida. The landlord is offering free rent for 3 months and a reduced lease rate. Call listing agents to schedule a tour.

Key Highlights

  • 6,250 SF available for lease in the Comcast Building on West 23rd Street (south‑end location).
  • Lease rate reduced to $16.00 per SF.
  • Free rent for 3 months.

Property Analytics

Current Use

American Cancer Society Charitable Organization Enhabit Home Health Home Health Care Service Tropic Winds HOA Condominium Complex

Suggested Use

Top Pick Real Estate Agency Building Supply Restaurant Law Firm Big Box & Wholesale Store HVAC Service

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
$2.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

395
Businesses Nearby

Demographics for 32405, FL

28,158
Population
13,585
Households
2.1
Avg Household Size
40
Median Age
29%
College-Educated
92%
High-School Grad
18.8 sq mi
ZIP Area
1,498
Density / Sq Mi
$71,002
Median Household Income
$41,867
Median Earnings
$1,418
Median Rent
$255,100
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 10% 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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office units - 6,250-square-foot suite is available on the south end of the Comcast Building for flexible office or retail use.
Where is this office units located?
The property is located at 4001 W 23rd Street Panama City, FL.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: 6,250 SF available for lease in the Comcast Building on West 23rd Street (south‑end location).; Lease rate reduced to $16.00 per SF.; Free rent for 3 months.
More about this property
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