2309 Frankford Avenue, Panama City, FL 32405
$1,299,000
Property Type:
Commercial for Sale
Square Footage:
3,555
Lot Size (sq. ft.):
15,246
Status:
Active
Current Price:
$1,299,000
List Date:
3/07/2026
Last Modified:
3/14/2026
Description
2ea Office Buildings For Sale 3,555 total Sq.Ft 2309 Frankford Ave Panama City FL 32405 Brick Office Building Currently 5-yr Lease Income: $3500.00 monthly $42,000.00 Annually Leased to Pyne Law, built 1999 1871sq.ft. Office Building #2 2104 W 23rd St. Panama City FL 32405 1684sq.ft. Brick Building 5 offices, lobby, Kitchen/break room, Mens & Women’s bathrooms, Copier Room, Stock Room & Storage room, covered parking, rear entrance to lockable rear office, ideal for a Doctor or Professional practice. Paved Parking Lot with ample parking, High Traffic Count corner location at lighted intersection on main street thoroufare. Also includes $5,000.00 Annual income for Digital Billboard on edge of property. SALE: $1,299,000 ($364/SF) Owner Financing, flexible 10% down 30yr Mortgage 6.75% APR NET monthly mortgage payment is $3658.mo (Mortage Payment is $7574.mo less -$3500.mo Lease Income & less -$416.mo Digital Billboard income) EXPENSES: Includes 11.5 KW Solar Panel Photovoltaic System reducing electrical costs to appx $50.mo. Average, Property Tax $421mo ($5056.yr) BOP Business Owners Policy $884mo ($10,603yr) Wifi/Internet $170mo (included paid for one year)
More Information MLS# 786458
Contract Info
List Price/SqFt: 365.4
List Date: 2026-03-07
List Price: $1,299,000
Current Price: $1,299,000
Sub-Type: Other
Location
Sub Area: 0204 – Bay – Central NW
Community/Resort: None
Waterfront: No
Elementary School: Northside
Middle School: Jinks
High School: Bay
Directions: from Panama City Beach; drive over Bridge, right 2 lanes to exit onto 23rd St, 1-1/2 mile on Lefty, Corner Frankford & 23rd St across from Cramer GMC Cadillac & Enterprise. Directions from Hwy 231 South, Turn Right on 23rd St, 2miles on Right. Directions from Hwy 390 South, turn Left on Frankford Ave, 1/4 mile on Right.
Area: 02 – Bay County – Central
Street #: 2309
Street Name: Frankford
Street Suffix: Avenue
State: FL
Zip Code: 32405
County: Bay
Subdivision: No Named Subdivision
Parcel ID: 26750-000-000
Legal Description: 25 3S 15W -20- 79A BEG 50′ N & 50 ‘ W OF SE COR TH W 77.5′ N 225′ E 88.98′ S 225’ TO POB ORB 3224 P 1234
General Property Info
List Class: Commercial
Acreage: 0.35
Construction Status: Construction Complete
SqFt Tot Bldg: 3555
Year Built: 1996
Listing Info, Tax and Legal
HOA Fee: No
Remarks & Misc
Remarks: 2ea Office Buildings For Sale 3,555 total Sq.Ft 2309 Frankford Ave Panama City FL 32405 Brick Office Building Currently 5-yr Lease Income: $3500.00 monthly $42,000.00 Annually Leased to Pyne Law, built 1999 1871sq.ft. Office Building #2 2104 W 23rd St. Panama City FL 32405 1684sq.ft. Brick Building 5 offices, lobby, Kitchen/break room, Mens & Women’s bathrooms, Copier Room, Stock Room & Storage room, covered parking, rear entrance to lockable rear office, ideal for a Doctor or Professional practice. Paved Parking Lot with ample parking, High Traffic Count corner location at lighted intersection on main street thoroufare. Also includes $5,000.00 Annual income for Digital Billboard on edge of property. SALE: $1,299,000 ($364/SF) Owner Financing, flexible 10% down 30yr Mortgage 6.75% APR NET monthly mortgage payment is $3658.mo (Mortage Payment is $7574.mo less -$3500.mo Lease Income & less -$416.mo Digital Billboard income) EXPENSES: Includes 11.5 KW Solar Panel Photovoltaic System reducing electrical costs to appx $50.mo. Average, Property Tax $421mo ($5056.yr) BOP Business Owners Policy $884mo ($10,603yr) Wifi/Internet $170mo (included paid for one year)
Utilities
Electricity – Connected: 1
Floors in Unit/Home
One: 1
Status Change Info
Status: Active
Property Features
Utilities: Electricity – Connected
Listing Office:
Savvy Avenue LLC
Last Updated: March – 14 – 2026
Information deemed reliable but not guaranteed.