Panama City, FL Office Units for Sale

List

Map

Watersound, FL Panama City Beach, FL Southport, FL Lynn Haven, FL Callaway, FL Youngstown, FL

11 properties

Sort:

Updated: May 22

Flex Space with Showroom

1331 Harrison Avenue, Panama City, FL 32401

$2,500,000

11,171 sqft 0.66 AC lot

11,171 SF flex property completed in 2021
7,134 SF warehouse with ceiling heights approaching 21 feet
1,391 SF mezzanine for additional storage or workspace
1,153 SF finished showroom with acoustic ceilings and LED pendant lighting
600‑amp, 240/120V, 3‑phase electrical service with roughly 70% spare capacity

View details

Updated: Sep 4

Office Building with Flexible Layout

2356 Frankford Avenue, Panama City, FL 32405

$499,000

1,875 sqft 1.03 AC lot

1.03‑acre corner parcel with parking and possible material staging area
1,875 SF office property with four private offices and open workspace
Converted residence with reception, conference area, kitchen, storage, and garage
MU‑3 zoning
2018 updates included roof, windows, doors, and fresh paint

View details

Flex Building with Office Space

1509 Hickory Avenue, Panama City, FL 32405

$799,000

4,300 sqft 0.21 AC lot

Versatile commercial building with warehouse, office, manufacturing, and potential multi-occupant functionality.

View details

See hot listings in Panama City

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

Flex Space with Office Areas

1509 Hickory Ave, Panama City, FL 32405

$799,000

4,300 sqft

Warehouse and office components support manufacturing, business operations, or separate office occupancy.

View details

Historic Office Building with Suites

854 Magnolia Avenue, Panama City, FL 32401

$650,000

1,708 sqft 0.64 AC lot

Remodeled commercial property with multiple entrances, private suite access, and flexible mixed-use zoning for office operations.

View details

Mixed-Use Commercial Building

2209 Thomas Dr, Panama City, FL 32408

$1,490,000

1.15 AC lot

Open interior areas and private rooms support flexible office, dining, or retail configurations.

View details

Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Updated Office Units with Private Rooms

316 W 11th Street, Panama City, FL 32401

$375,000

1,674 sqft 0.34 AC lot

Flexible commercial layout includes reception, kitchenette, and three bathrooms.

View details

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.

View details

Mixed-Use Property with Flexible Layout

722 N Martin Luther King Junior Boulevard, Panama City, FL 32401

$650,000

3,100 sqft 0.27 AC lot

Brick-and-block property with adaptable rooms and convenient access to downtown, shopping centers, and the hospital.

View details

Renovated Office Space in Plaza

615 N Highway 231, Panama City, FL 32405

Contact for pricing

54,027 sqft

Professional office space in a high-visibility shopping center.

View details

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.

View details

Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 11 Active listings in Panama City, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 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.

Second-Floor Office Suite

Port St Joe, FL 32456

Contact for pricing

1,700 sqft

Lobby, administrative office, and multiple private offices support professional or medical use.

View details

Versatile Commercial Property For Sale

7101 Big Daddy Drive, Panama City Beach, FL 32407

$300,000

2,160 sqft

Flexible commercial property suitable for daycare, office, or redevelopment.

View details

Second-Floor Office Suite

C-212 W Highway 98, Port St Joe, FL 32456

Contact for pricing

1,700 sqft

Second-floor office suite with lobby, administrative office, and multiple private offices in Town Center Plaza.

View details

Former Bank Building With Private Offices

2209 Thomas Dr, Panama City Beach, FL 32408

$1,490,000

Flexible commercial layout includes open areas, multiple rooms, and a customer-facing lobby.

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.

Office Units

5102 Bay Dr, Panama City, FL 32401

Estimated value:

No data

View details

Panama City, FL Office Units Market Trends and Statistics

Explore 12 office units for sale in Panama City, FL, showcased through 11 active listings on our real estate platform. These investment opportunities span a total of 92,603 square feet of properties for sale, with an estimated market value of $8,217,000.

Sale prices for office units in Panama City, FL start at $375,000, averaging $913,000, and reaching up to $2,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

List

Map

Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

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
32405	$357.6K
32401	$995K
32408	$1.5M

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.

Need Help?

Reach out if you need assistance with Realmo tools or have questions about your listings