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Renovated Office Space in Plaza
For Sale
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615 N Highway 231, Panama City, FL 32405

Professional office space in a high-visibility shopping center.

Property Size54,027 SF
Price / SF$0.00
Days on Market197

Property Features for 615 N Highway 231

General Information

Standard status Active
Size 54,027 SF
Property subtype Commercial Shopping Center
Lease Term NNN

Building Details

Building Size 54,027 SF
Year Built 1977

Properties For Sale

at 615 N Highway 231 Contact us

625

Size
8,214 SF
Term
Negotiable
Contact us
Listing Agency: NAI TALCOR - Tallahassee
Listed By: Brent Faison · License #3027940
Source: Naiglobal
Added: Jan 27 Changed: Aug 8 Last Checked: Aug 8 at 6:04AM

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 - Tallahassee

Investment Insights

Based on property information with market context.

This approximately 11,956 square feet professional office space is fully built out and offers a flexible, functional layout. The layout includes a mix of training classrooms, conference rooms, private offices, and open flex space. It is ideal for corporate offices, training centers, government contractors, or medical-adjacent services. The space was renovated in 2019 and benefits from a new roof and HVAC systems. Located within a high-visibility shopping center with multiple points of ingress and egress from Highway 231, Highway 77, and 19th Street, the site offers convenient access for both staff and clients. The property is surrounded by essential amenities and services, and its proximity to hospitals, retail, and residential neighborhoods make it well-suited for professional or service-based businesses. With ample on-site parking for both tenants and visitors, and excellent visibility for business signage and branding, Mariner Plaza is positioned to support long-term success in one of Panama City’s most active commercial corridors. The unit is sprinkled and centrally located to Panama City’s commercial and residential population.

Key Highlights

  • Fully built‑out +/-11,956 SF office space with a flexible layout featuring classrooms, conference rooms, private offices, and flex space.
  • Renovated in 2019 with new roof and HVAC systems.
  • Multiple access points from Highway 231, Highway 77, and 19th Street.

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Storage Facility Gym & Fitness Center Travel Agency Furniture & Home Goods Tech Support 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.

Location Intelligence

Trade Area within ½ mile

1,220
Businesses Nearby

Demographics for 32405, FL

28,158
Population
13,585
Households
2.1
Avg Household Size
40
Median Age
29%
College-Educated
92%
High-School Grad
18.8 sq mi
ZIP Area
1,498
Density / Sq Mi
$71,002
Median Household Income
$41,867
Median Earnings
$1,418
Median Rent
$255,100
Median Home Value

Market

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 - Professional office space in a high-visibility shopping center.
Where is this office units located?
The property is located at 615 N Highway 231 Panama City, FL.
What is the asking price?
The asking price for this property is Off market.
What are key features of this property?
This property features: Fully built‑out +/-11,956 SF office space with a flexible layout featuring classrooms, conference rooms, private offices, and flex space.; Renovated in 2019 with new roof and HVAC systems.; Multiple access points from Highway 231, Highway 77, and 19th Street.
More about this property
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