123 Gwyn Drive, Panama City Beach, FL 32408

New Listing
$9,425
Property Type: Commercial for Lease Square Footage: 7,800 Status: Active
Current Price: $9,425 List Date: 10/20/2026 Last Modified: 10/20/2026

Overview

Description

Adjacent to the Navy Base in Trophy Business Park among other government contractors, and close to Gulf Coast State College, FSU Panama City and Port Panama City. The building pairs office space (5 offices, a large conference room and restrooms) with a fully conditioned warehouse served by 3 roll-up doors and 14′ clear height. Zoned C-4 Research & Design, a Bay County district that bridges commercial and industrial uses, it suits defense and government contractors, engineering firms, R&D and testing labs, light assembly, construction and trade contractors, marine and port-related services, and warehouse/distribution users. Available May 1, 2027. Located on NSA Panama City boundary with immediate access to Thomas Dr. (<0.6mi from Main Gate) +/-2,200sf office space including secure foyer, 5 offices, large conference/training room +/-5,600 SF warehouse, 100% conditioned, 16′ peak / 14′ eave, 3 roll-up doors (2 - 12′×12′; 1 - 10′×12′) Secure cage and steel mezzanine stay Keypad entry and alarm stay if tenant assumes service Zoned C-4 Research & Design (Bay County)

Listing Details MLS# 796788

Contract Info

Lease Price/SqFt
1.21
ud_d1402_01
9425
ud_d1402_02
14.5
Sub-Type
Industrial

Location

Area
03 – Bay County – Beach
Street #
123
Street Name
Gwyn
Street Suffix
Drive
State
FL
Zip Code
32408
County
Bay
Sub Area
0319 – Beach – East
Subdivision
No Named Subdivision
Community/Resort
None
Waterfront
No
Parcel ID
30165-026-000
Elementary School
Patronis
Middle School
Surfside
High School
Arnold
Directions
Within Trophy Business Park on the boundary of NSA Panama City, among other government contractors. From Hwy 98, head south on Navy Blvd.; the property sits adjacent to the Navy base.
Legal Description
4 4S 15W -15.1A- 69B COM 529.04' N OF NE COR OF GREENTREE UNIT #1 TH W 768.06' NWLY 281.26' SW 250' NW 60' ON THOMAS DR NELY 250' FOR POB NWLY 188.58' E 161.90' S 139.68' TO N SIDE OF GWYN DR SWLY 100.79' TO POB SUBJ TO ESMT ORB 3987 P 1708

General Property Info

List Class
Commercial
Immediate Occupancy
No
Possession Date
5/1/2027
Construction Status
Construction Complete
SqFt – Office
2200
SqFt – Warehouse
5600
SqFt Tot Bldg
7800
# of Stories in Building
Yes
Floor Number
Yes
Lot SqFt
36590
Year Built
1997

Industrial

# Ground Level Doors
3
Rail?
No

Remarks & Misc

Remarks
Adjacent to the Navy Base in Trophy Business Park among other government contractors, and close to Gulf Coast State College, FSU Panama City and Port Panama City. The building pairs office space (5 offices, a large conference room and restrooms) with a fully conditioned warehouse served by 3 roll-up doors and 14′ clear height. Zoned C-4 Research & Design, a Bay County district that bridges commercial and industrial uses, it suits defense and government contractors, engineering firms, R&D and testing labs, light assembly, construction and trade contractors, marine and port-related services, and warehouse/distribution users. Available May 1, 2027. Located on NSA Panama City boundary with immediate access to Thomas Dr. (<0.6mi from Main Gate) +/-2,200sf office space including secure foyer, 5 offices, large conference/training room +/-5,600 SF warehouse, 100% conditioned, 16′ peak / 14′ eave, 3 roll-up doors (2 – 12′×12′; 1 – 10′×12′) Secure cage and steel mezzanine stay Keypad entry and alarm stay if tenant assumes service Zoned C-4 Research & Design (Bay County)

More Information

Energy

AC – Central Elect
Yes

Utilities

All Utilities
Yes

Floors in Unit/Home

One
Yes

Heating/Cooling

AC – Central
Yes

Transport. Access

2-Lane
Yes

Property Features

Energy: AC – Central Elect Utilities: All Utilities
Listing Office: NAI TALCOR
Last Updated: October – 20 – 2026
Information deemed reliable but not guaranteed.