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Waterfront Office Units
For Lease
$22 SF/Yr

430 W 5th Street #305, Panama City, FL 32401

Third-story office space offers bay views, private offices, collaborative areas, and a built-in kitchen and café.

Space SizeContact for details
Days on Market8

Property Features for 430 W 5th Street #305

General Information

Standard status Active
Class A
Property subtype Commercial

Space & Availability

Floor 3
Space Use Office
Private Offices 11
Meeting Rooms 1

Amenities

modern kitchen/cafe/supply
data room
Central air
Central Heating
CentralAir Cooling
Electric Heating

Building Details

Year Built 1950
Year Renovated 2021
Listing Agency: BLUEWATER COMMERCIAL LLC
Listed By: CHRIS HINE · License #3073035
Source: Corcoran
Added: Aug 11 Changed: Aug 17 Last Checked: Aug 18 at 5:28AM

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.

This third-story waterfront office property encompasses 100,760 SF and was substantially renovated in 2021, with limited use since the work was completed. The layout includes a reception and foyer area, 11 private offices with glass storefronts, 10 cubicles, a conference room, data room, and a kitchen, café, and supply area. Ceiling heights range from 10 feet to 16 feet, and the building is wind-rated to 186 mph.

Located at 430 W 5th Street #305 in Panama City, the office has views toward the city, marina, and St. Andrews Bay. The space is configured for a professional office operation with a spacious floor plan and a mix of private and shared work areas.

Key Highlights

  • Third‑story waterfront office at 430 W 5th Street #305, Panama City, FL 32401
  • 100,760 SF property renovated in 2021 and lightly used since
  • 11 private offices with glass storefronts

Property Analytics

Current Use

Masimo Corporate Office Northstar Church Live Church Wynn & Associates Law Firm Reusable Respirators | ElastoMaskPro Scientific Equipment Supplier Reusable Respirators Industrial Manufacturer

Suggested Use

Top Pick Garden Center Storage Facility Auto Parts Store Bakery Building Supply Gym & Fitness Center

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

1,308
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
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Third-story office space offers bay views, private offices, collaborative areas, and a built-in kitchen and café.
Where is this office units located?
The property is located at 430 W 5th Street #305 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 office at 430 W 5th Street #305, Panama City, FL 32401; 100,760 SF property renovated in 2021 and lightly used since; 11 private offices with glass storefronts
More about this property
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