Office Units at Major
For Lease
$17,500/Mo
703 W 15th Street, Panama City, FL 32405
Commercial for Lease, Panama City, FL
Space Size15,000 SF
Lot Size2.20 Acres
Days on Market1848
Property Features for 703 W 15th Street
General Information
Property type
Commercial Lease
Property subtype
Office
Directions
Located at the corner of 15th Street ( Hwy 98) and Blake Ave
Subdivision
27 - Bay County
Standard status
Active
APN
18136-000-000
Size
29,000 SF
Lot size
2.20 Acres
Building Details
Year built
2015
Listing Agency:
NBI Properties Inc
(850) 243-0007
Listed By:
Craig S Barrett · License #3294646
(850) 217-0303
Added: Aug 23, 2021
Changed: Sep 11
Last Checked: Sep 13 at 11:06AM
MLS# 880081
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.
Office units are available within a 29,000-square-foot commercial property completed in 2015. The offering includes approximately 15,000 square feet of office space, with availability identified for January 1, 2022. The property sits on a 2.2-acre site and includes a large parking area.
The location is at 703 W 15th Street in Panama City, at the intersection of 15th Street, identified as Hwy 98, and Blake Avenue. Its position along a major roadway provides direct access to the surrounding street network. The existing configuration and parking area support office occupancy within an established commercial setting.
The location is at 703 W 15th Street in Panama City, at the intersection of 15th Street, identified as Hwy 98, and Blake Avenue. Its position along a major roadway provides direct access to the surrounding street network. The existing configuration and parking area support office occupancy within an established commercial setting.
Key Highlights
- Approximately 15,000 SF of office space available
- 29,000‑square‑foot commercial property
- 2.2‑acre site with a large parking area
Property Analytics
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Current Use
Lease Details
Yes
Highway access
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
460
Businesses Nearby
Explore this area
Business Placement
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
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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 - Office space with substantial on-site parking and access at the junction of two major roads.
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 $17,500/Mo.
What are key features of this property?
This property features: Approximately 15,000 SF of office space available; 29,000‑square‑foot commercial property; 2.2‑acre site with a large parking area
