Panama City, FL Office Spaces for Rent & Lease

Updated: Jun 18

Two-Suite Office/Retail Space

234 S Sudduth Place, Panama City, FL 32404

$2,500/Mo

3,200 sqft

Two interconnected suites total 2,460 sq. ft. or available individually
Suite A: 1,650 sq. ft. with open reception/showroom, 1 office, restroom, break/kitchen
Suite B: 810 sq. ft. with reception/showroom, 1 office, breakroom sink, restroom
Central electric heating and cooling
Built in 1982

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Updated: Apr 20

Flex Space with A/C Office and Apartments

1919 Drummond Avenue, Panama City, FL 32405

$8 SF/Yr

7,220 sqft

Climate‑controlled warehouse with 12ft ceilings
A/C office space plus secure spacious yard
.39 acre corner lot just off Michigan Ave
New motorized sliding gate and new roll‑up bay doors
Two 2‑bedroom, 1‑bath apartments on the 2nd floor with kitchen appliances and in‑unit laundry (washer and dryer)

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Office Unit With Private Entrance

2131 Saint Andrews Boulevard, Panama City, FL 32405

$14,400/Mo

3,908 sqft

Furnished office leasing includes utilities, internet, shared conference room access, and on-site parking.

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Professional Office Building Corner Lot

215 W 6th St, Panama City, FL 32401

$19 SF/Yr

2,328 sqft

Corner-lot office building with dual entrances, private parking, and exam-room style layout previously used as medical office.

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Remodeled Office Units with Multiple Entrances

854 Magnolia Avenue, Panama City, FL 32401

$5,000/Mo

1,708 sqft

Mixed-use zoning supports multiple commercial uses, including office occupancy.

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Remodeled Mixed-Use Property

5045 E Highway 98, Panama City, FL 32404

$3,500/Mo

1,800 sqft

Flexible interior supports office, live-work, reception, presentation, and customer-facing uses.

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Class A Waterfront Office Building

220 Mckenzie Avenue, Panama City, FL 32401

$25 SF/Yr

10,157 sqft

Two-story masonry office with renovated 2019 systems and deep-water dock access on Massalina Bayou.

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Office/Retail Suites with Ample Parking

A-b-234 S Sudduth Place, Panama City, FL 32404

$2,500/Mo

2,460 sqft

Two interconnected office/retail suites available together or separately, with reception/showroom space, offices, restrooms, and ample parking.

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Flex Space with Warehouse

2824 Highway 2321, Panama City, FL 32409

$4,600/Mo

6,130 sqft

C-3A zoning supports retail, office, service, and some light manufacturing uses.

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Office Units with Vanilla Shell Finish

5620 Cherry Street, Panama City, FL 32404

$15 SF/Yr

10,168 sqft

Office space is offered in vanilla shell condition with interior design flexibility and electric central heating.

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Equipped Medical Office Space Available

2426 Jenks Ave, Panama City, FL 32405

$25 SF/Yr

2,783 sqft

Ready-to-use medical office suite near HCA Florida Gulf Coast Hospital.

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Standalone Professional Office Building

5618 Lilly Street, Panama City, FL 32404

$4,500/Mo

2,272 sqft

Standalone 2,272 SF office building offers four private offices, lobby/reception, break room flexibility, three restrooms, and central HVAC.

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Upstairs Office Unit

8317 Front Beach Road, Panama City, FL 32408

$650/Mo

Air-conditioned office space within the Promenade Mall business complex.

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Second-Floor Office Unit

8317 Front Beach Road 8c2, Panama City, FL 32407

$1,200/Mo

1,008 sqft

Flexible commercial suite in an open-air mall setting near the Hathaway Bridge.

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Office Suite With Private Offices

309 E 7th Street, Panama City, FL 32401

$2,400/Mo

1,903 sqft

Functional professional workspace with ramp access and a dedicated reception area.

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Turn-Key Office Suite with Central HVAC

3009 HIGHWAY 77, Panama City, FL 32405

$20 SF/Yr

2,729 sqft

Turn-key office suites O and P combine two units and offer electric heat and central heating.

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Brand-New Flex Space with Warehouse

A-17744 Beach Blvd, Panama City, FL 32408

$5,000/Mo

3,120 sqft

New flex property combines warehouse capacity with dedicated office space.

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Executive Office Building

6102 E Hwy 98 Bus, Panama City, FL 32404

$3,500/Mo

2,776 sqft

Office property with multiple private rooms, conference space, reception, breakroom, and on-site parking.

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Waterfront Office Units

600-430 W 5th St, Panama City, FL 32401

$21 SF/Yr

13,999 sqft

Recently upgraded two-story office space with private work areas, training rooms, and shared waterfront outdoor space.

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Office Space with Warm-Shell & Built-Out Areas

3109 Minnesota Avenue, Panama City, FL 32405

$18 SF/Yr

106,094 sqft

First-floor space is built out for immediate occupancy, with additional warm-shell office areas available for finish-to-suit.

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Warehouse with Office Space Available

2824 Highway 2321, Panama City, FL 32409

$4,600/Mo

6,130 sqft

Versatile commercial property with warehouse and office space for lease.

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Suite 180 Office Space

3109 Minnesota Avenue, Panama City, FL 32405

$16 SF/Yr

106,094 sqft

Warm-shell office suite with accessible elevator and ramp at a centrally located operations center near Highway 77 and Baldwin Ave.

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Flex Space with Loading Access

430 W 5th St Unit 107, Panama City, FL 32401

$14 SF/Yr

100,760 sqft

Air-conditioned commercial space supports warehouse, research, development, and technical light manufacturing operations.

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Retail and Office Space

4001 W 23rd Street, Panama City, FL 32405

$16 SF/Yr

29,826 sqft

6,250-square-foot suite is available on the south end of the Comcast Building for flexible office or retail use.

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Panama City, FL Office Spaces Lease Rates & Market Statistics

Browse 89 Office Spaces for lease in Panama City, FL on Realmo, a commercial real estate marketplace serving the Panama City area. The current inventory totals 1,794,886 square feet of properties — an average of ~20,150 SF per listing.

Office Spaces lease rates in Panama City range from $7 SF/Yr at the entry level to $44.22 SF/Yr at the top of the market, averaging $18.51 SF/Yr. That's a 6x spread between entry-level and premium space, making side-by-side comparison of asking rents and lease terms essential. The local average of $18.51 SF/Yr is 47% below the Florida state average of $35 SF/Yr.

Panama City accounts for 61% of the 145 office spaces currently available across Bay County, where nearby markets include Panama City Beach and Lynn Haven. By space type, the market includes 68 office units, 17 office buildings and 13 medical office space listings.

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