Renovated Office Space on
5311 E Highway 22, Panama City, FL 32404
For Lease
$5,500/Mo
Modernized 4,004 SF building near Tyndall Air Force Base.
Space SizeContact for details
Days on Market386
Property Features for 5311 E Highway 22
General Information
Standard status
Property subtype
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: Oct 23, 2025
Changed: Aug 8
Last Checked: Jul 20 at 4:44PM
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
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This recently renovated property offers a 4,004-square-foot building, redesigned in 2023 to meet modern standards. Positioned along high-visibility Highway 22 and just minutes from Tyndall Air Force Base and central Panama City, this commercial property offers modern upgrades, flexible design, and a strategic location, delivering a turnkey environment suitable for a wide range of professional uses. Featuring a highly adaptable floor plan, the space includes multiple oversized rooms ideal 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 that support efficient workflow. The property also includes five restrooms, a kitchen/break area, and additional support spaces to accommodate staff and client needs. Outside, a secure fenced yard provides valuable storage or equipment space, while ample off-street parking ensures easy access for employees, clients, and visitors. This modernized building offers flexibility and long-term value in a growing market, and is suitable for medical, physical therapy, professional office, or training facility use.
Key Highlights
- Strategic location on Highway 22, minutes from Tyndall Air Force Base and central Panama City.
- Recently renovated in 2023 to meet modern standards, offering a turnkey environment.
- Highly adaptable floor plan with multiple oversized rooms suitable for various professional uses.
Property Analytics
Who owns this building?
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.47 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
383
Businesses Nearby
Under-served
Demand for This Use
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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
Lease Benchmarks for Panama City, FL
$18.94 /SF/Yr
Avg Asking Price
$14–$25 /SF/Yr
Price Range
12,752 SF
Avg Space Size
This space is priced 13% below the average of $18.94 /SF/Yr.
Average Price Trend$/SF/Yr for Medical Office Space in Panama City, FL
Properties on Market for Medical Office Space in Panama City
Vacancy Rate% for Office in South region
Similar Off Market Nearby
- Callaway Animal Hospital — 247 N Hwy 22 A, Panama City, FL 32404
Frequently Asked Questions
What type of property is this?
Medical Office Space - Modernized 4,004 SF building near Tyndall Air Force Base.
Where is this medical office space located?
The property is located at 5311 E Highway 22 Panama City, FL.
What is the lease rate?
The lease rate is $5,500/Mo.
What are key features of this property?
This property features: Strategic location on Highway 22, minutes from Tyndall Air Force Base and central Panama City.; Recently renovated in 2023 to meet modern standards, offering a turnkey environment.; Highly adaptable floor plan with multiple oversized rooms suitable for various professional uses.
