Renovated Panama City Commercial
5311 E Highway 22, Panama City, FL 32404
For Sale
$620,000
Modernized 4,004 SF building near Tyndall Air Force Base.
Property Size4,004 SF
Lot Size0.71 Acres
Price / SF$154.85
Days on Market332
Property Features for 5311 E Highway 22
General Information
Standard status
Size
Lot size
Property subtype
Amenities
Shingle Roof
Building Details
Year Built
Listing Agency:
NAI TALCOR
(850) 249-2879
Listed By:
TAMMY R HUSTON · License FL SL3513905
(850) 960-3624
Source:
Corcoran
Added: Dec 16, 2025
Changed: Aug 14
Last Checked: Oct 26 at 10:09AM
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 NAI TALCOR
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Investment Insights
Based on property information with market context.
This commercial property features a recently renovated 4,004-square-foot building, redesigned in 2023. Located along high-visibility Highway 22 and minutes from Tyndall Air Force Base and central Panama City, it offers modern upgrades, a flexible design, and a strategic location. The adaptable floor plan includes multiple oversized rooms suitable for medical or therapy services, collaborative training environments, or open workspaces. Seven versatile rooms can be configured as private offices, exam rooms, or meeting spaces, complemented by dedicated reception and administrative areas. The property also includes five restrooms, a kitchen/break area, and additional support spaces. A secure fenced yard provides storage or equipment space, while ample off-street parking ensures access for employees, clients, and visitors. This modernized building offers flexibility and long-term value for medical, physical therapy, professional office, or training facility use.
Key Highlights
- Strategic location on high‑visibility Highway 22, minutes from Tyndall Air Force Base and central Panama City.
- Recently renovated (2023) 4,004 sq ft building, modernized to meet current standards.
- Highly adaptable floor plan with multiple oversized rooms suitable for various professional uses (medical, therapy, office, training).
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
383
Businesses Nearby
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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
$239,700
Median Home Value
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Market
Average Price Trend$/SF for Office buildings in Panama City, FL
Properties on Market for Office buildings in Panama City
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Modernized 4,004 SF building near Tyndall Air Force Base.
Where is this office building located?
The property is located at 5311 E Highway 22 Panama City, FL.
What is the asking price?
The asking price for this property is $620,000.
What are key features of this property?
This property features: Strategic location on high‑visibility Highway 22, minutes from Tyndall Air Force Base and central Panama City.; Recently renovated (2023) 4,004 sq ft building, modernized to meet current standards.; Highly adaptable floor plan with multiple oversized rooms suitable for various professional uses (medical, therapy, office, training).
