3707 W 23rd St - Office FOR SALE


Panama City, FL 32405
$315,000 USD
850-699-1996
3707 W 23rd St, Panama City, FL for Sale
$315,000 USD
Office - FOR SALE
1/14
null | Request Cap Rate

3707 W 23rd St
Panama City, FL 32405


HIGHLIGHTS

  • Dedicated on-site parking in a location where parking is highly valued.
  • Owner financing available, creating a flexible acquisition path for buyers.
  • High-visibility frontage along W 23rd Street, one of Panama City’s busiest corridors.
  • Functional layout with three private offices, conference room, reception, and break room.
  • Convenient access to major roadways, surrounding businesses, and local amenities.
  • Most existing furniture conveys, supporting a move-in-ready experience.

OVERVIEW

This 1,046 SF standalone office building presents an excellent ownership opportunity along one of Panama City’s busiest commercial corridors. Situated on a 0.10-acre commercially zoned lot, the property is configured with an efficient single-tenant layout that includes three private offices, a conference room, reception area, break room, and archival room. Most existing furniture conveys, supporting a turnkey transition for professional service firms, boutique practices, or small businesses seeking functional space with minimal setup costs. A 2005 renovation modernized essential systems while preserving the structure’s character, combining practical upgrades with aesthetic appeal. Dedicated on-site parking enhances convenience for employees and clients, while frontage along W 23rd Street ensures exceptional visibility and easy access to surrounding retail, professional services, and major thoroughfares. At a competitive $315,000 price point and with owner financing available, this asset provides a cost-effective path to ownership and long-term occupancy control. Its location in a growing market corridor positions it as an attractive solution for businesses seeking permanence and equity-building potential in central Panama City.

FOR SALE DETAILS

PRICE

$315,000 USD

PRICE/SF

$301 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1942

SPRINKLERS

-

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,356 SF

ZONING

Commercial

APN/PARCEL ID

27963-000-000

ASK ABOUT THIS PROPERTY

Celeste RustinGulf Life Real Estate IncMore Info
850-699-1996

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Celeste RustinGulf Life Real Estate IncMore Info
850-699-1996

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.