Panama City Beach Office Space

Panama City Beach

Office Space Market Report

Number of Listings (last 90 days)
12
Median Rate ($/sqft/yr)
$17
Median Size (sqft)
3,800
As of: July 22, 2017

Panama City Beach Rates

Most listings are in the $10's per square foot per year. The Panama City Beach submarket is going through a decrease in rates. In the last 3 months, the median rate fell $4 per sqft per year. That's a 19% decrease in rent.

Panama City Beach Listing Supply

In the last 90 days, 12 listings have been listed, which means new listings are probably going fast. You'll want to be prepared to make an offer immediately. About 33% of the available leases in the Panama City Beach are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 3,800 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this market are close to 1 stories. Most buildings in this region were built in 2002 and are Class A.

Panama City Beach Community

Market Report

Trends and status of the commercial real estate market in Panama City Beach.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Panama City Beach.
Research

Panama City Beach Submarkets