For Sale
$2,900,000

533 11Th StPanama City, FL 32401

24,924 SF Executive Office Space

Overview

Added:
Dec 11, 2024
Days on market:
114
This Class A, 24,924-square-foot executive office building in Panama City, Florida, presents a unique investment opportunity. Built in 2003, the two-story structure boasts a timeless brick exterior and abundant natural light thanks to floor-to-ceiling glass panels. The property sits on a 2.7-acre lot and offers ample parking with 117 spaces, including 5 handicapped-accessible spots, providing a generous 4.68 spaces per 1,000 square feet. Currently vacant and in shell condition, this building offers a blank canvas for build-out and customization. All mechanical, electrical, and plumbing (MEP) systems are in place and operational. The property features a grand entry atrium, a second-floor elevator, and two rear roll-up doors, enhancing functionality and accessibility. Its strategic location provides easy access to downtown Panama City, Lynn Haven, Tyndall Air Force Base, and Panama City Beach, via major roadways including Highways 231, 98, and 77. The asking price is $2,900,000, translating to $116.35 per square foot. The property's APN is 17622-000-000. This is an exceptional opportunity to acquire a well-located, spacious office building with significant potential.

Highlights

  • 24,924 SF Class A office building on a 2.7-acre lot in Panama City, FL.
  • Built in 2003, with a timeless brick exterior and abundant natural light.
  • Features a grand entry atrium, second-floor elevator, and two rear roll-up doors. All MEP systems are in place.
  • Ample parking: 117 spaces (5 handicapped-accessible), 4.68 spaces per 1,000 SF.
  • Excellent location near downtown Panama City, Lynn Haven, Tyndall AFB, and major highways (Hwy 231, 98, 77).

Property Details for 533 11Th St

Property type
Office properties
Square Feet
24,924 SF
Class
A
Year Built
2003
Buildings
1
Stories
2
Lot Size (sq. ft)
117,612 SF

Location Insight

City
Panama City
County
Bay
State
Florida
Latitude
30.167787939571
Longitude
-85.652553133641
533 11Th St, Panama City, Florida

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533 11Th St
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