Large-Format Office
For Lease
$10,000/Mo
703 W 15th Street, Panama City, FL 32401
Commercial for Lease, Panama City, FL
Space Size18,000 SF
Days on Market4608
Property Features for 703 W 15th Street
General Information
Property type
Commercial Lease
Property subtype
Office
Directions
Located on 15th Street (Hwy 98) in Panama City Beach at the corner of Florida Ave
Subdivision
27 - Bay County
Standard status
Active
APN
18136-000-000
Size
10,000 SF
Amenities
large parking area
great visibility
Building Details
Year built
1980
Listing Agency:
NBI Properties Inc
(850) 243-0007
Listed By:
Craig S Barrett · License #3294646
(850) 217-0303
Added: Jan 31, 2014
Changed: Sep 11
Last Checked: Sep 13 at 10:06AM
MLS# 736668
Copyright © 2026 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 10,000-square-foot commercial property is configured as a large-format space for office use, with the ability to be built out for retail. The building dates to 1980 and provides a broad footprint that can accommodate varied commercial layouts.
An 18,000-square-foot parking area supports the property, while its position at a major intersection provides direct exposure. The space is available for lease and offers flexibility for businesses seeking office premises or a retail-oriented configuration.
An 18,000-square-foot parking area supports the property, while its position at a major intersection provides direct exposure. The space is available for lease and offers flexibility for businesses seeking office premises or a retail-oriented configuration.
Key Highlights
- 10,000 square feet of commercial space
- 18,000‑square‑foot parking area
- Large‑format layout for office use
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
1,042
Businesses Nearby
Explore this area
Business Placement
Demographics for 32401, FL
20,487
Population
10,239
Households
2
Avg Household Size
42
Median Age
20%
College-Educated
86%
High-School Grad
12.5 sq mi
ZIP Area
1,639
Density / Sq Mi
$49,901
Median Household Income
$35,885
Median Earnings
$1,194
Median Rent
$207,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Panama City, FL
$18.61 /SF/Yr
Avg Asking Price
$5.87–$44.22 /SF/Yr
Price Range
29,169 SF
Avg Space Size
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Flexible commercial space suited to office occupancy with retail buildout potential and substantial on-site parking.
Where is this office units located?
The property is located at 703 W 15th Street Panama City, FL.
What is the lease rate?
The lease rate is $10,000/Mo.
What are key features of this property?
This property features: 10,000 square feet of commercial space; 18,000‑square‑foot parking area; Large‑format layout for office use
