533 11Th StPanama City, FL 32401

Property Details for 533 11Th St

Year built

2003

Lot size

2.70 AC

Property size (Sq ft)

24,924 SF

Property type

Office properties

Property subtype

Other office properties

Description

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.

Location Insight

City

Panama City

County

Bay

State

Florida

Latitude

30.1678

Longitude

-85.6525

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