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    Three-Building Flex Office Property
    Updated: Apr 18
    Three-Building Flex Office Property

    2901 W 17th Street, Panama City, FL 32405

    $1,375,000
    9,050 sqft 0.92 AC lot
    Over 9,000 sq ft of heated and cooled space across three buildings
    Three‑building setup allows for multiple divisions or potential rental income
    Multiple private offices, conference rooms, and adaptable workspace
    Abundant on‑site parking plus a gated storage yard
    Detached outbuilding for storage, workshop, or support operations
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    Historic Office Building with Suites
    Updated: Mar 6
    Historic Office Building with Suites

    854 Magnolia Avenue, Panama City, FL 32401

    $650,000
    1,708 sqft 0.64 AC lot
    1,708 SF office building on Magnolia Avenue in Panama City
    Two large suites with private entrances, fireplaces, walk‑in closets, and custom bathrooms
    Mixed‑use zoning allows multiple commercial uses, including offices
    Remodeled interior with hardwood flooring, cathedral ceilings, and tongue‑and‑groove pine walls
    Quartz kitchen countertops, custom cabinetry, stainless appliances, and under‑cabinet lighting
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    Multi-Use Professional Office Center
    Multi-Use Professional Office Center

    2420 Jenks Ave, Panama City, FL 32305

    $4,000,000
    23,120 sqft 2.68 AC lot

    The property offers substantial office space on a 2.684-acre site with public water and sewer service.

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    Multi-Building Office and Flex Property
    Multi-Building Office and Flex Property

    2901 W 17th Street, Panama City, FL 32405

    $1,375,000
    9,050 sqft

    Three-building commercial property offers heated and cooled space with offices, conference rooms, and adaptable workspace plus on-site parking.

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    Waterfront Office Building
    Waterfront Office Building

    220 Mckenzie Avenue, Panama City, FL 32401

    $2,950,000
    10,157 sqft 1.10 AC lot

    Two-story office property with private offices, conference rooms, a law library, and direct water access.

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    Office Building with Detached Shop
    Office Building with Detached Shop

    1219 Transmitter Road, Panama City, FL 32401

    $849,000
    4,162 sqft 1.49 AC lot

    Configured for office and contractor operations with reception, conference, kitchen, and shop improvements.

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    Income-Producing Office Building
    Income-Producing Office Building

    1148 Jenks Avenue, Panama City, FL 32401

    $325,000
    1,868 sqft 0.16 AC lot

    Established tenants occupy a six-office commercial property with on-site parking and access to major roads.

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    Prestigious Law Office Building
    Prestigious Law Office Building

    220 Mckenzie Avenue, Panama City, FL 32401

    $2,950,000
    10,157 sqft 1.00 AC lot

    Class A office building near Bay County Courthouse.

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    Renovated Panama City Commercial Building
    Renovated Panama City Commercial Building

    5311 E Highway 22, Panama City, FL 32404

    $620,000
    4,004 sqft 0.71 AC lot

    Modernized 4,004 SF building near Tyndall Air Force Base.

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    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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    Versatile Commercial Building For Sale
    Versatile Commercial Building For Sale

    2209 Thomas Drive, Panama City, FL 32408

    $1,490,000
    2,430 sqft

    Former bank building suitable for office, restaurant, or retail.

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    Multi-Building Professional Office Center
    Multi-Building Professional Office Center

    2420 Jenks Ave, Panama City, FL 32405

    Contact for pricing
    22,000 sqft

    Multi-use professional center with three office buildings totaling about 22,000 sf and newly installed 2022 roofs.

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    Professional Office Building For Sale
    Professional Office Building For Sale

    1806 Brown Avenue, Panama City, FL 32405

    $550,000
    3,476 sqft 0.20 AC lot

    Modern office building with versatile suites and high-end finishes.

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    49-Slip Waterfront Marina
    49-Slip Waterfront Marina

    Panama City, FL 32401

    $2,550,000

    Operating waterfront marina with fixed piers, utility service, secure access, and an on-site renovated office building.

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    Panama City Commercial Office Investment
    Panama City Commercial Office Investment

    1148 Jenks Avenue, Panama City, FL 32401

    $325,000
    1,868 sqft 0.16 AC lot

    Income-producing commercial office space in a prime Panama City location.

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    Professional Office Building For Sale
    Professional Office Building For Sale

    1806 Brown Avenue, Panama City, FL 32405

    $589,000
    0.20 AC lot

    2016-built office building with ten suites, two kitchens.

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    Former State of Florida Office
    Former State of Florida Office

    230 N Tyndall Pkwy, Panama City, FL 32404

    Contact for pricing
    20,000 sqft

    20,000 SF office building near Tyndall Air Force Base.

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    Freestanding Law Office Building
    Freestanding Law Office Building

    1138 Jenks Ave, Panama City, FL 32401

    Contact for pricing
    2,500 sqft

    Custom brick law office includes enclosed garage and 3 private offices, conference room, reception, kitchen, and three restrooms.

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    Renovated Office Building
    Renovated Office Building

    2516 W 23rd Street, Panama City, FL 32405

    Contact for pricing
    3,400 sqft

    Newly renovated office building with numerous offices, a large waiting room, and ADA-compliant accommodations.

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    Renovated Two-Story Medical Office
    Renovated Two-Story Medical Office

    2232 W 24th St, Panama City, FL 32405

    Contact for pricing
    6,400 sqft

    Flexible clinical layout with shared reception, exam rooms, treatment space, private offices, and support areas.

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    Freestanding Medical Office
    Freestanding Medical Office

    107 W 19th St, Panama City, FL 32405

    Contact for pricing
    9,002 sqft

    9,002 SF facility organized around a central hub with four clinical wings and dedicated administrative areas.

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    Office Buildings with Day Care Center
    Office Buildings with Day Care Center

    705 & 707 Jenks Avenue, Panama City, FL 32401

    Contact for pricing

    Two contiguous parcels combine office suites, a day care center, playground, shared parking, and rear-alley access.

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    Remodeled Office Building
    Remodeled Office Building

    1818 Michigan Avenue, Panama City, FL 32405

    Contact for pricing

    Five offices, a conference room, and accessible bathrooms create a practical business layout.

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    Office Building with Open Bay
    Office Building with Open Bay

    5000 E Highway 22, Panama City, FL 32404

    Contact for pricing

    Corner-site office property features multiple offices, kitchen space, restrooms, tiled floors, and parking on two sides.

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    Panama City, FL Office Buildings Market Trends and Statistics

    Explore 72 office buildings for sale in Panama City, FL, showcased through 30 active listings on our real estate platform. These investment opportunities span a total of 147,352 square feet of properties for sale, with an estimated market value of $21,248,000.

    Sale prices for office properties in Panama City, FL start at $325,000, averaging $1,416,533, and reaching up to $4,000,000 — 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 101
    Office buildings 56
    Medical Office Space 39
    Coworking space 1
    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
    Panama City - 32401 $1.2M
    Tallahassee - 32305 $4M

    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)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Bay County

    Retail

    Residential Income

    Property Size Breakdown

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

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    Most Searched ZIP Codes in Panama City, FL

    • 32401
    • 32405
    • 32404
    • 32305
    • 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.

    Full Sail Realty of Northwest Florida
    1514 W. 23rd St, Suite B Panama City, FL 32405
    Phone: 18508194961
    FullSailNWFL.com

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