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Panama City Office + Income Portfolio 1 Offices Properties Offered at $875,000 in Panama City, FL
Investment Highlights
- Two-Property Professional Campus | Office + Income Modern 3,476 SF office building plus adjacent income-producing property creating a rare multi-build
- Added Parking + Multi-Tenant Flexibility Combined parcels solve a key office need with additional parking and support owner-user or investment strateg
- Immediate Income + Expansion Potential Second building generates ~$2,600/month with flexibility for office, executive suites, or live/work use.
Executive Summary
Pro Forma NOI ~$75K+ | Double-Digit Return Potential
Projected NOI based on lease-up of 10 office suites combined with in-place rental income, offering strong yield for a central Panama City asset.
The Brown Avenue Professional Campus Portfolio offers a rare opportunity to acquire a two-property, multi-building commercial setup combining a modern office building with an income-producing adjacent property in a central Panama City location.
The portfolio is anchored by 1806 Brown Avenue, a 3,476 SF professional office building built in 2016, featuring 10 private office suites, two kitchens, two restrooms, and a flexible layout suitable for a wide range of professional or administrative uses. The building is equipped with a security and camera system and includes a large rear storage area, making it ideal for both owner-users and investors seeking multi-tenant income potential.
The adjacent property at 1808 Brown Avenue adds significant value to the offering, featuring an 810 SF structure built in 2017, currently generating approximately $2,600/month in rental income. This building can continue to operate as a residential rental or be converted for office, executive suite, or live/work use. The property also includes an outbuilding for additional workspace or storage.
Together, the two parcels create a highly functional professional campus environment, offering additional parking (a key constraint for office users), multiple buildings, and diversified income potential.
This portfolio is well-suited for:
Owner-users seeking to occupy the main building while offsetting costs with rental income
Investors looking for a flexible, income-producing asset with upside
Businesses needing expansion space, satellite offices, or a multi-building setup
With modern construction, strong layout flexibility, and immediate income in place, the Brown Avenue Professional Campus Portfolio represents a rare combination of usability, income, and future potential in the Panama City market.
Investment Highlights:
Two-property portfolio with office + income component
3,476 SF office building (2016 construction)
10 private offices with multi-tenant potential
Adjacent building generating ~$2,600/month income
Additional parking across both parcels
Outbuilding for storage or workspace
Flexible use: office, executive suites, live/work
Central Panama City location with strong accessibility
Projected NOI based on lease-up of 10 office suites combined with in-place rental income, offering strong yield for a central Panama City asset.
The Brown Avenue Professional Campus Portfolio offers a rare opportunity to acquire a two-property, multi-building commercial setup combining a modern office building with an income-producing adjacent property in a central Panama City location.
The portfolio is anchored by 1806 Brown Avenue, a 3,476 SF professional office building built in 2016, featuring 10 private office suites, two kitchens, two restrooms, and a flexible layout suitable for a wide range of professional or administrative uses. The building is equipped with a security and camera system and includes a large rear storage area, making it ideal for both owner-users and investors seeking multi-tenant income potential.
The adjacent property at 1808 Brown Avenue adds significant value to the offering, featuring an 810 SF structure built in 2017, currently generating approximately $2,600/month in rental income. This building can continue to operate as a residential rental or be converted for office, executive suite, or live/work use. The property also includes an outbuilding for additional workspace or storage.
Together, the two parcels create a highly functional professional campus environment, offering additional parking (a key constraint for office users), multiple buildings, and diversified income potential.
This portfolio is well-suited for:
Owner-users seeking to occupy the main building while offsetting costs with rental income
Investors looking for a flexible, income-producing asset with upside
Businesses needing expansion space, satellite offices, or a multi-building setup
With modern construction, strong layout flexibility, and immediate income in place, the Brown Avenue Professional Campus Portfolio represents a rare combination of usability, income, and future potential in the Panama City market.
Investment Highlights:
Two-property portfolio with office + income component
3,476 SF office building (2016 construction)
10 private offices with multi-tenant potential
Adjacent building generating ~$2,600/month income
Additional parking across both parcels
Outbuilding for storage or workspace
Flexible use: office, executive suites, live/work
Central Panama City location with strong accessibility
Property Facts
| Price | $875,000 | Status | Active |
| Price / SF | $251.73 / SF | Number of Properties | 2 |
| Cap Rate | 8.57% | Individually For Sale | 1 |
| Sale Type | Investment or Owner User | Total Building Size | 3,476 SF |
| Price | $875,000 |
| Price / SF | $251.73 / SF |
| Cap Rate | 8.57% |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 1 |
| Total Building Size | 3,476 SF |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 1806 Brown Ave, Panama City, FL 32405 | Office | 3,476 SF | 2016 | $599,000 |
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Panama City Office + Income Portfolio
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