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    5420 Hickory St Panama City, FL 32404

    For Sale
    $2,199,000

    SINGLE_FAMILY - Panama City, FL

    Type:Office
    Property size:
    21,184 SF
    Lot size:
    2.50 Acres
    Days on Market:
    171
    Last Refresh:
    Dec 12 at 2:06 am

    Property Features for 5420 Hickory St

    General Information

    Property type
    Residential
    Property subtype
    Office
    Standard status
    Active
    APN
    25158-010-000
    Accessibility
    Accessible Approach with Ramp
    Size
    21,184 SF
    Lot size
    2.50 Acres

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Year built
    1988
    Floors in Building
    1
    Flooring type
    Tile
    Building materials
    AluminumSiding
    Roof type
    Metal

    EXP Realty LLC (888) 883-8509 [email protected]

    Listing agent The Fadden-McKelvie Group (850) 460-2900

    Listing date Jun 25, 2025

    Copyright © 2025 Central Panhandle 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.

    Overview

    Renovated Mixed-Use Panama City Property

    This commercial property is located in Panama City, FL, and offers 21,184 sq ft of under roof space on a 2.5-acre lot. The property is zoned for mixed use, presenting opportunities for a variety of businesses. It has been fully renovated post-hurricane and features a new 24-gauge standing seam metal roof. The building is constructed using red iron clearspan beams, allowing for easy interior modifications. Inside, there are multiple reception areas, executive offices, and a kitchenette. The open footprint of the building allows for a wide range of uses for a multitude of businesses. A separate entrance on the left side allows for potential subletting. The parking lot accommodates 4 spaces per 1000 sq ft, with room to expand. All utilities are easily accessible, and open roof access allows for modifications.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Impact Promotions Event Ticket Seller

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Panama City
    County
    Walton
    State
    Florida
    Longitude
    -85.593023
    Latitude
    30.137254

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    FAQs

    What type of property is this?
    Office building - 21,184 sq ft renovated commercial space on 2.5 acres.
    Where is this office building located?
    The property is located at 5420 Hickory St Panama City, FL.
    What is the asking price?
    The asking price for this property is $2,199,000.
    What are key features of this property?
    This property features: - 21,184 sq ft of under roof space on a 2.5-acre lot in Panama City, FL, offering substantial space and land.; - Zoned for mixed use, providing flexibility for a variety of businesses.; - Fully renovated post-hurricane, ensuring modern standards and safety.
    (850) 460-2900
    Request Owner's contact information
    5420 Hickory St Panama City, FL 32404
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    Panama City, FL 32404
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5420 Hickory St Panama City, FL 32404
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