5 Miracle Strip Loop Panama City Beach, FL 32407
This exceptional executive office space, part of the Emerald Coast Professional Center, offers a prime location on the beach. The newly renovated building boasts 11,764 square feet, spread across two stories in a 16-unit brick structure. Currently, 1,000 square feet of office space is immediately available, perfect for a small business or expanding team. This particular unit features three private offices and a reception area, providing a professional and efficient workspace. The building offers ample parking with 37 spaces available for tenants and their clients. The property's convenient location ensures easy access for employees and visitors alike. Additional space ranging from 800 to 2,000 square feet may also be available, providing flexibility for businesses with varying needs. The property is identified by APN 34881-525-000 and is located in Bay County. Each floor of the building comprises 7,200 square feet, offering a well-proportioned layout. This is a fantastic opportunity to secure high-quality office space in a desirable beachfront location. Inquire today to learn more about leasing options and availability.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
PCB04 · Panama City Beach, FLPanama City Beach. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.