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23 E 8th St
Panama City, FL 32401
Stand-Alone Office Building in Downtown · Office Property For Sale


Investment Highlights
- 2,031 ± SF professional office unit
- Flexible floor plan suitable for multiple office layouts
- Close proximity to government offices, restaurants, and services
- Located in Downtown Panama City
- Ideal for owner/user
Executive Summary
Located in Downtown North Panama City, 23 E 8th Street is a 2,031± square foot stand-alone professional office building ideal for an owner-occupant seeking long-term control of their operating location. The property is well suited for a wide range of professional uses, including legal, financial, medical office, consulting, and creative firms.
Situated in one of Panama City’s most walkable and business-friendly districts, the property benefits from close proximity to City Hall, Bay County offices, courthouses, restaurants, coffee shops, and other professional services.
Situated in one of Panama City’s most walkable and business-friendly districts, the property benefits from close proximity to City Hall, Bay County offices, courthouses, restaurants, coffee shops, and other professional services.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
2,012 SF
Building Class
B
Year Built
1940
Price
$389,900
Price Per SF
$193.79
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
2,012 SF
Building FAR
0.22
Lot Size
0.21 AC
Opportunity Zone
Yes
Zoning
GC 1 - GC-1 (General Commercial - 1 | Bay County)
Parking
2 Spaces (0.99 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 19929-000-000 | Improvements Assessment | $205,533 |
| Land Assessment | $92,400 | Total Assessment | $297,933 |
Property Taxes
Parcel Number
19929-000-000
Land Assessment
$92,400
Improvements Assessment
$205,533
Total Assessment
$297,933
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