Search
Waterfront Office Space
For Lease
$21 SF/Yr

430 W 5th Street #600, Panama City, FL 32401

Renovated two-story suite with private offices, training rooms, and a bayside common-area porch.

Space Size13,999 SF
Days on Market450

Property Features for 430 W 5th Street #600

General Information

Standard status Active
Size 13,999 SF
Net Rentable 13,999 SF
Class A
Property subtype Commercial

Space & Availability

Available Space 13,999 SF
Contiguous Space 13,999 SF
Space Use Office
Furnished Yes

Amenities

large kitchen/breakroom/gameroom
nursing mom's room
bayside common area porch
Metal Roof
Carpet Flooring
Central Heating
Electric Heating

Building Details

Year Built 1950
Year Renovated 2020
Listing Agency: BLUEWATER COMMERCIAL LLC
Listed By: CHRIS HINE · License #3073035
Source: Corcoran
Added: May 26, 2025 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 13,999 sf Class A office suite offers a two-story layout with an open mezzanine and a substantial interior buildout. The space includes private offices, training rooms, a large kitchen and breakroom, a gameroom, and a nursing mom’s room. Furniture from the prior tenant is also available for separate purchase.

Renovated in 2020, the property received a new roof with R-30 insulation, updated interiors, and new HVAC. Waterfront-oriented common areas include a bayside porch, while the parking area is secured with lighting and automatic gates. The suite is located at 430 W 5th Street #600 in Panama City, Florida.

Key Highlights

  • 13,999 sf Class A waterfront office space
  • 2020 renovation included new HVAC, interior improvements, and a new roof
  • New roof includes R‑30 insulation

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
$3.15 /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 19% 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
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 - Renovated two-story suite with private offices, training rooms, and a bayside common-area porch.
Where is this office units located?
The property is located at 430 W 5th Street #600 Panama City, FL.
What is the lease rate?
The lease rate is $21 SF/Yr.
What are key features of this property?
This property features: 13,999 sf Class A waterfront office space; 2020 renovation included new HVAC, interior improvements, and a new roof; New roof includes R‑30 insulation
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message