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Renovated Waterfront Office Units
For Lease
$21 SF/Yr

430 W 5th St Unit 600, Panama City, FL 32401

Two-story office space offers private offices, training rooms, and a shared kitchen, breakroom, and gameroom.

Space Size13,999 SF
Days on Market17

Property Features for 430 W 5th St Unit 600

General Information

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

Space & Availability

Available Space 13,999 SF
Contiguous Space 13,999 SF
Space Use Office
Furnished No

Amenities

large kitchen/breakroom/gameroom
nursing mom's room
bayside common area porch
secured parking

Building Details

Year Built 1950
Year Renovated 2020
Listing Agency: Bluewater Commercial LLC
Listed By: Chris Hine · License #3073035
Source: Bemajorteam
Added: Aug 16 Changed: Aug 30 Last Checked: Aug 31 at 7:21PM

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-square-foot waterfront office property was substantially renovated in 2020 and presents a two-story layout with an open mezzanine. The improvements include new interior finishes, a replacement HVAC system, and a new roof with R-30 insulation. Existing space includes private offices, training rooms, a large kitchen and breakroom, a gameroom, and a nursing mom’s room.

Outdoor features include a bayside common-area porch and secured parking with lighting and automatic gates. New furniture from the prior tenant is also available for separate purchase. The property is located at 430 W 5th St Unit 600 in Panama City, Florida.

Key Highlights

  • 13,999 square feet of waterfront office space
  • Renovated in 2020 with new interior improvements and HVAC
  • New roof with 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

$18.32 /SF/Yr
Avg Asking Price
$7–$44.22 /SF/Yr
Price Range
27,527 SF
Avg Space Size

This space is priced 15% above the average of $18.32 /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
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Frequently Asked Questions

What type of property is this?
Office units - Two-story office space offers private offices, training rooms, and a shared kitchen, breakroom, and gameroom.
Where is this office units located?
The property is located at 430 W 5th St Unit 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 square feet of waterfront office space; Renovated in 2020 with new interior improvements and HVAC; New roof with R‑30 insulation
More about this property
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