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Office Suite with Building Signage

4001 W 23rd Street, Panama City, FL 32405

For Lease
New
$18 SF/Yr

Commercial for Lease, Panama City, FL

Space Size2,000 SF
Lot Size2.78 Acres
Days on Market4

Property Features for 4001 W 23rd Street

General Information

Property type Commercial Lease
Property subtype Office
Directions The Comcast Building is located on the south side of West 23rd Street, 1/2 block west of Michigan Avenue and adjacent to Lighthouse Church (formerly Carmike Cinemas), and less than 1-mile east of Gulf Coast State College and Florida State University.
Subdivision 27 - Bay County
Standard status Active
APN 27999-040-000
Size 29,826 SF
Lot size 2.78 Acres

Amenities

building signage
monument sign

Building Details

Year built 2009
Listing Agency: Counts Real Estate Group Inc
Listed By: Christopher S McCall · License FL #666647
Added: Nov 11 Changed: Nov 12 Last Checked: Nov 14 at 4:06AM
MLS# 1015382

Copyright © 2026 Emerald Coast 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.

Rey
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Investment Insights

Based on property information with market context.

This 2,000-square-foot office suite is located in the Comcast Building, constructed in 2009. Building signage and a monument sign are available. The current occupant plans to expand and is expected to leave in the first quarter of 2027, with the suite offered for lease thereafter.

The property is at 4001 W 23rd Street in Panama City, Florida. The building occupies a 2.78-acre site.

Key Highlights

  • 2,000‑square‑foot office suite
  • Building and monument sign opportunities
  • Located in the Comcast Building at 4001 W 23rd Street, Panama City

Property Analytics

Who owns this building? See the owner, sales and loan history
Open 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
$2.70 /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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Panama City, FL

$18.59 /SF/Yr
Avg Asking Price
$1.53–$44.22 /SF/Yr
Price Range
36,959 SF
Avg Space Size

This space is priced 3% below the average of $18.59 /SF/Yr.

Average Price Trend$/SF/Yr for Office Units in Panama City, FL

$17.41 Jul
$18.38 Aug
$18.73 Sep
$18.48 Oct

Properties on Market for Office Units in Panama City

Jul
Aug
Sep
Oct

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 - An office suite in the Comcast Building offers building and monument sign opportunities.
Where is this office unit located?
The property is located at 4001 W 23rd Street Panama City, FL.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: 2,000‑square‑foot office suite; Building and monument sign opportunities; Located in the Comcast Building at 4001 W 23rd Street, Panama City
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