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    Panama City, FL
    Medical Premises

    Panama City, FL Medical Office Space for Sale

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    13 properties
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    Corner Office Unit with Private Offices
    Updated: Oct 12
    Corner Office Unit with Private Offices

    8730 Thomas Drive, Panama City, FL 32408

    $599,999
    2,482 sqft 1.55 AC lot
    2,482‑square‑foot office unit
    Five private offices, reception area, and conference room
    Rear area offers flexibility for office or storage use
    Full kitchen and two bathrooms
    Floor‑to‑ceiling windows in all offices
    View details
    Veterinary Medical Center
    Updated: Jun 30
    Veterinary Medical Center

    247 N Highway 22 A, Panama City, FL 32404

    $325,000
    2,768 sqft 0.45 AC lot
    2,768‑square‑foot veterinary clinic on a 0.45‑acre parcel
    Four exam rooms plus private office and dedicated surgery room
    X‑ray room, kennel area, grooming space, and support rooms
    Brick construction completed in 1974
    Central air conditioning and shingle roof
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    Medical Office Space with Exam Rooms
    Medical Office Space with Exam Rooms

    247 N Highway 22 A, Panama City, FL 32404

    $325,000
    0.45 AC lot

    Configured for clinical operations with reception, exam, surgery, X-ray, kennel, and grooming areas.

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    See hot listings in Panama City

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
    Est. NOI available after sign in
    Local Demand available after sign in
    Multi-Use Office Building with Suites
    Multi-Use Office Building with Suites

    722 N Cove Blvd, Panama City, FL 32401

    $650,000
    3,000 sqft 0.27 AC lot

    Versatile building near Downtown with 10 bedrooms and 8 bathrooms, suited for office, medical, or hospitality concepts.

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    Medical Center with Operating Rooms
    Medical Center with Operating Rooms

    Panama City, FL 32405

    $3,950,000
    13,132 sqft

    AHCA-approved ambulatory surgery facility with adaptable medical office space and access to established healthcare institutions.

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    Medical Office Condominium For Sale
    Medical Office Condominium For Sale

    2202 State Avenue 103 & 104, Panama City, FL 32405

    $905,000
    2,446 sqft

    Medical office condominium located on the Gulf Coast Medical Campus.

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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    First-Floor Medical Office Space
    First-Floor Medical Office Space

    2402 State Ave, Panama City, FL 32405

    Contact for pricing
    9,219 sqft

    Pre-leasing a customizable commercial suite near HCA Florida Gulf Coast Hospital with surface parking and access from 23rd Street.

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    Medical Office & Surgery Center
    Medical Office & Surgery Center

    1600 Jenks Avenue, Panama City, FL 32405

    Contact for pricing
    13,132 sqft

    Medical office and ambulatory surgery center for sale in Panama City.

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    Ground Floor Medical Office Suite
    Ground Floor Medical Office Suite

    102-2202 State Ave, Panama City, FL 32401

    $535,000
    1,448 sqft

    Ground floor medical office within a medical complex, offering direct access to the hospital via a connected corridor.

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    Ground Floor Medical Office Suite
    Ground Floor Medical Office Suite

    105-2202 State Ave, Panama City, FL 32401

    $455,000
    1,229 sqft

    Ground floor medical office in a hospital-connected complex, with renovated common areas and repairs completed.

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    Medical Office Building Panama City
    Medical Office Building Panama City

    2636 Jenks Avenue, Panama City, FL 32405

    $700,000

    Updated medical office in Panama City's medical district.

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    Land with Development Potential
    Land with Development Potential

    31 W Baldwin Road, Panama City, FL 32405

    $799,000
    2.34 AC lot

    Land with house suitable for commercial conversion or development.

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    2507 Harrison Ave Suite 200
    2507 Harrison Ave Suite 200

    2507 Harrison Ave Suite 200 | Panama City, FL 32405, Panama City, FL 32405

    $825,000
    3,500 sqft

    +/-3500sf medical office space

    View details
    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 13 Active listings in Panama City, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 59 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Class A Medical Office Space
    Class A Medical Office Space

    1002 N Arnold Rd, Panama City Beach, FL 32413

    Contact for pricing
    6,000 sqft 88.65 AC lot

    Newly constructed clinical space offers customizable layouts within an established healthcare campus with on-site patient amenities.

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    Class-A Office/Medical Space Available
    Class-A Office/Medical Space Available

    6757 Us Highway 98 W, Santa Rosa Beach, FL 32459

    Contact for pricing
    2,259 sqft

    Prime office/medical space in Santa Rosa Beach, Florida.

    View details
    Three-Story Office Building
    Three-Story Office Building

    16901 Pc Bch Parkway, Panama City Beach, FL 32413

    $3,200,000
    11,310 sqft 1.10 AC lot

    Owner-occupancy space is available across the first and second floors.

    View details
    Class A Office Building with Elevator
    Class A Office Building with Elevator

    2930 W Co Hwy 30A, Santa Rosa Beach, FL 32459

    $11,500,000
    1.67 AC lot

    Fully leased commercial office asset with a seven-year master lease and rooftop outdoor amenity.

    View details

    Off-Market Properties in Panama City, FL

    Consider similar Off-Market properties in Panama City, FL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    528 Baldwin Rd
    MEDICAL BUILDING

    528 Baldwin Rd, Panama City, FL 32405-3313

    Estimated value:
    $875,000
    8,046 sqft 2.78 AC lot
    View details
    200 Star Ave
    MEDICAL BUILDING

    200 Star Ave, Panama City, FL 32404-7615

    Estimated value:
    $220,000
    4,535 sqft 0.86 AC lot
    View details
    1010 11th St
    MEDICAL BUILDING

    1010 11th St, Panama City, FL 32401-2042

    Estimated value:
    $220,000
    2,725 sqft 0.31 AC lot
    View details
    619 Cv Blvd
    MEDICAL BUILDING

    619 Cv Blvd, Panama City, FL 32401-3642

    Estimated value:
    $1,105,000
    7,661 sqft 0.44 AC lot
    View details
    2101 Jenks Ave
    MEDICAL BUILDING

    2101 Jenks Ave, Panama City, FL 32405-4511

    Estimated value:
    $1,285,000
    5,801 sqft 0.47 AC lot
    View details
    2636 Jenks Ave
    MEDICAL BUILDING

    2636 Jenks Ave, Panama City, FL 32405-4387

    Estimated value:
    $215,000
    2,725 sqft 0.39 AC lot
    View details
    2567 Huntcliff Ln
    MEDICAL BUILDING

    2567 Huntcliff Ln, Panama City, FL 32405-4902

    Estimated value:
    $225,000
    1,920 sqft 0.27 AC lot
    View details
    600 Cv Blvd
    MEDICAL BUILDING

    600 Cv Blvd, Panama City, FL 32401-3628

    Estimated value:
    $400,000
    5,147 sqft 0.24 AC lot
    View details
    1007 Jenks Ave
    MEDICAL BUILDING

    1007 Jenks Ave, Panama City, FL 32401-2474

    Estimated value:
    $495,000
    2,660 sqft 0.40 AC lot
    View details
    2309 Saint Andrews Blvd, Unit B
    MEDICAL BUILDING

    2309 Saint Andrews Blvd, Panama City, FL 32405-2171

    Unit B
    Estimated value:
    $375,000
    4,349 sqft 0.56 AC lot
    View details
    516 Macarthur Ave
    MEDICAL BUILDING

    516 Macarthur Ave, Panama City, FL 32401-3636

    Estimated value:
    $340,000
    3,041 sqft 0.23 AC lot
    View details

    Panama City, FL Medical Office Space Market Trends and Statistics

    Explore 72 medical office space for sale in Panama City, FL, showcased through 13 active listings on our real estate platform. These investment opportunities span a total of 52,356 square feet of properties for sale, with an estimated market value of $10,068,999.

    Sale prices for medical spaces in Panama City, FL start at $325,000, averaging $915,363, and reaching up to $3,950,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Office Units 85
    Office buildings 41
    Medical Office Space 30
    Coworking space 2
    Creative space 1

    Demographics Overview

    Population 154K
    Population Growth (5Y) +1,132.7%
    Median Household Income $71,237
    College Educated 29.8%

    High-Yield Neighborhoods for Investment

    Identify Panama City submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    32404 $349.9K
    32401 $546.7K
    32405 $1.1M

    Taxes & Financing

    Tax Rate (average for all types) 1.42%
    Property Tax per SF $28.37 per SF
    Tax Rate vs County Average 0.07 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Bay County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Panama City fall within the 100,000+ square foot range.

    How Realmo verifies these figures

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    Most Searched ZIP Codes in Panama City, FL

    • 32405
    • 32401
    • 32404
    • 32408

    Featured Panama City Real Estate Agencies

    Realmo connects you with licensed Panama City CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Hitchcock Real Estate LLC
    1107 Beck Ave Panama City, FL 32401
    Phone: (850) 866-2158
    lairdhitchcock.com
    Full Sail Realty of Northwest Florida
    1514 W. 23rd St, Suite B Panama City, FL 32405
    Phone: (850) 819-4961
    FullSailNWFL.com
    Overstreet Realty
    747 Harrison Avenue Panama City, FL 32401
    Phone: (850) 763-4459
    OverstreetRealty.net
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