Professional Office Ownership Opportunity in Downtown North Panama City

23 E 8th St Panama City, FL 32401

23 E 8th St, Panama City, FL, 32401
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FOR SALE
Property Type:
Single Tenant Office
Amount:
$389,900
Last Verified:
Feb 09, 2026

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Highlights

  • - 2,031 ± SF professional office unit
  • - Located in Downtown Panama City
  • - Flexible floor plan suitable for multiple office layouts
  • - Ideal for owner/ user
  • - Close proximity to government offices, restaurants, and services

Description

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.

The building offers a flexible layout that can accommodate private offices, open work areas, conference space, and reception, allowing an owner to tailor the space to their specific business needs and future growth. The efficient floor plan supports both client facing operations and administrative functions.

Convenient to all that Downtown Panama City has to offer, the property provides easy access to government offices, courthouses, restaurants, and local businesses while maintaining the privacy and identity of a stand-alone office building. Ownership provides long term cost stability, branding control, and operational flexibility compared to leasing.

This offering represents a rare opportunity for a business owner to acquire a stand-alone office building in Downtown North Panama City and invest in their own business location.

23 E 8th Street is centrally located in Downtown Panama City, one of the 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 professional services.

Downtown Panama City continues to see public and private investment, making this location attractive for businesses seeking visibility, convenience, and long term value. Easy access to major corridors allows efficient travel throughout Panama City, St. Andrews, and surrounding areas.


Year Built: 1940
Building Size: 2031sq ft
Building Class: B
Lot Size: 0.21 acres


Documents

Brochure (L)
Boundary Survey
Zoning Map_23 E 8th St.pdf
Current Land Use_23 E 8th St.pdf
FEMA Flood Zone_23 E 8th St.pdf


Map of 23 E 8th St, Panama City, FL, 32401

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Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

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