Remodeled Mixed-Use Live-Work
New
For Lease
$3,500/Mo
5045 E Highway 98, Panama City, FL 32404
Remodeled interior with flexible office, reception, kitchen, and presentation areas.
Space SizeContact for details
Days on Market2
Property Features for 5045 E Highway 98
General Information
Standard status
Active
Building Details
Year Built
1930
Listing Agency:
Keller Williams Success Realty
Listed By:
Dennis Nelson · License #BK3379289
(850) 348-8262
Source:
Bemajorteam
Added: Sep 16
Changed: Sep 17
Last Checked: Sep 16 at 5:55PM
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 Keller Williams Success Realty
Investment Insights
Based on property information with market context.
This 1,800 SF mixed-use property offers a remodeled interior with five bedrooms or office rooms, high ceilings, refinished wood flooring, and a brick dual-sided fireplace. The updated kitchen includes granite countertops and stainless appliances, with additional space suitable for reception, waiting, display, or presentation functions. Front and rear covered porches add usable exterior areas, while the fully fenced yard provides room for equipment, storage, or additional parking.
Built in 1930, the property retains selected original details alongside modern improvements. HVAC equipment and water heaters are within 3 years old and warrantied. Mixed-use zoning supports commercial and live-work applications. The property is located at 5045 E Highway 98 in Panama City, with access to main highways and proximity to Tyndall Air Force Base and downtown Panama City.
Built in 1930, the property retains selected original details alongside modern improvements. HVAC equipment and water heaters are within 3 years old and warrantied. Mixed-use zoning supports commercial and live-work applications. The property is located at 5045 E Highway 98 in Panama City, with access to main highways and proximity to Tyndall Air Force Base and downtown Panama City.
Key Highlights
- 1,800 SF mixed‑use property at 5045 E Highway 98, Panama City, FL 32404
- Mixed‑use zoning supports commercial and live‑work applications
- Five bedrooms or office rooms with flexible layout options
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.50 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
295
Businesses Nearby
Explore this area
Business Placement
Demographics for 32404, FL
38,186
Population
18,053
Households
2.1
Avg Household Size
40
Median Age
21%
College-Educated
87%
High-School Grad
135.1 sq mi
ZIP Area
283
Density / Sq Mi
$72,208
Median Household Income
$38,701
Median Earnings
$1,355
Median Rent
$239,700
Median Home Value
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Market
Lease Benchmarks for Panama City, FL
$21.02 /SF/Yr
Avg Asking Price
$9.63–$35.13 /SF/Yr
Price Range
11,450 SF
Avg Space Size
This space is priced 11% above the average of $21.02 /SF/Yr.
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Remodeled interior with flexible office, reception, kitchen, and presentation areas.
Where is this mixed-use property located?
The property is located at 5045 E Highway 98 Panama City, FL.
What is the lease rate?
The lease rate is $3,500/Mo.
What are key features of this property?
This property features: 1,800 SF mixed‑use property at 5045 E Highway 98, Panama City, FL 32404; Mixed‑use zoning supports commercial and live‑work applications; Five bedrooms or office rooms with flexible layout options
