2402 State Avenue, Panama City, FL 32405

$28
Property Type: Commercial for Lease Square Footage: 40,661 Status: Active
Current Price: $28 List Date: 9/03/2026 Last Modified: 9/03/2026

Overview

Description

Leasing opportunity in brand new Class A construction at the heart of Panama City's premier medical and commercial corridor. Delivered in 2026 and situated one block from HCA Florida Gulf Coast Hospital, Gulf Coast Plaza offers ±24,016 SF of medical, office, and retail space available for lease at $28.00/SF/YR NNN, with a generous 5:1,000 parking ratio. The property fronts the high-traffic 23rd Street retail corridor (±34,500 vehicles per day) and sits alongside major retailers including Target, The Home Depot, Lowe's, Walmart, and Publix.. Easy regional access via Harrison Avenue, Hwy 98, and Hwy 231. Five build-to-suit spaces are available: Space A – ±3,061 SF | Ground floor | Medical / Office / Retail Uses: medical, dental, specialty practice, professional office. Space B – ±11,763 SF | Ground floor | Medical / Office / Wellness / Fitness — wide-open floor plan with high ceilings. Uses: fitness, recreation, medical, flex retail. Space C – ±1,316 SF | Second floor | …

Listing Details MLS# 794973

Contract Info

Sub-Type
Office
Lease Price/SqFt
0

Location

Area
02 – Bay County – Central
Street #
2402
Street Name
State
Street Suffix
Avenue
State
FL
Zip Code
32405
County
Bay
Sub Area
0204 – Bay – Central NW
Subdivision
No Named Subdivision
Community/Resort
None
Waterfront
No
Parcel ID
13015-005-040
Elementary School
Northside
Middle School
Jinks
High School
Bay
Directions
From 23rd Street headed West, take a right on State Ave, building is on the right.
Legal Description
29 3S 14W -17.05D- 91A ST AND BAY DEV CO PLAT COM AT INTERSECT OF N LINE OF LOT 110 WITH W R/W OF JENKS AV TH S 82.18' TO S R/W OF GPCO ESMT W 610.06' TO E LINE OF LOT 109 FOR POB TH TH S 241.88 W 610.06' TO E R/W STATE AV N 236.58' TO S R/W OF GPCO ESMT ESMT E 610' TO POB ORB 4643 P 707

General Property Info

List Class
Commercial
Construction Status
Under Construction
SqFt Tot Bldg
40661
# of Stories in Building
2
Floor Number
Yes
Lot SqFt
145011
Year Built
2026

Remarks & Misc

Remarks
Leasing opportunity in brand new Class A construction at the heart of Panama City's premier medical and commercial corridor. Delivered in 2026 and situated one block from HCA Florida Gulf Coast Hospital, Gulf Coast Plaza offers ±24,016 SF of medical, office, and retail space available for lease at $28.00/SF/YR NNN, with a generous 5:1,000 parking ratio. The property fronts the high-traffic 23rd Street retail corridor (±34,500 vehicles per day) and sits alongside major retailers including Target, The Home Depot, Lowe's, Walmart, and Publix.. Easy regional access via Harrison Avenue, Hwy 98, and Hwy 231. Five build-to-suit spaces are available: Space A – ±3,061 SF | Ground floor | Medical / Office / Retail Uses: medical, dental, specialty practice, professional office. Space B – ±11,763 SF | Ground floor | Medical / Office / Wellness / Fitness — wide-open floor plan with high ceilings. Uses: fitness, recreation, medical, flex retail. Space C – ±1,316 SF | Second floor | Medical / Office — private suite ideal for administrative, professional, or specialty office users. Space D – ±6,566 SF | Second floor | Office — larger suite with flexible configuration for single- or multi-tenant use. Uses: medical, professional office. Space E – ±1,310 SF | Second floor | Medical / Office — compact suite ideal for a small office or specialty practice.

Energy

AC – 2 or More
Yes

More Information

Utilities

Other – See Remarks
Yes

Floors in Unit/Home

Two
Yes

Heating/Cooling

AC – Central
Yes

Transport. Access

2-Lane
Yes

Property Features

Energy: AC – 2 or More Utilities: Other – See Remarks
Listing Office: NAI TALCOR
Last Updated: September – 03 – 2026
Information deemed reliable but not guaranteed.