3707 W 23rd St 1,046 SF Office Building Panama City, FL 32405 $315,000 ($301.15/SF)

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.