2532 Joan Avenue, Panama City, FL 32408 (MLS# 785853)

2532 Joan Avenue, Panama City, FL 32408

$2,500,000

Aeriel view of warehouse boasting 9000 sq. ft with entrance on high traffic Joan Avenue, PCB, FL 32408. Close proximity to Panama City Beach.

Aeriel view of premier property with a 9000 sq ft warehouse! Property has 100 ft. front footage, front parking area, and parking options in the back.

Welcome! Come into your roomy lobby area through door at the right!

The lobby area is welcoming! Greet your clients with a refreshing beverage from your bar fridge. The bar sink has a beautiful backsplash with drawers & storage cabinets underneath.

In front lobby area, there is a beautiful backsplash and countertop for serving coffee, or just display your decor. There is a small sink in the middle. Underneath counter is a small bar fridge with drawers and storage cabinets.

Main entry door to lobby with plenty of space for your provided furnishings.

Conference room is roomy for your business meetings or luncheons with your provided furnishings.

Conference room pictured at a different angle. Your furnishings will look great i this large room!

Office space 1 is ready for your provided furnishings and decor!

Office space 1 is roomy for your provided office furnishings!

Office space 2 also very roomy for your provided furnishings and decor!

Office space 2 pictured at a different angle.

Bathroom - public, within the 750 sq ft office area

Warehouse entrance door coming out of the lobby entering into the warehouse. Also pictured here is the loft (Mezzanine) boasting 750 sq ft built above the office/lobby area.

Warehouse space pictured with 750 sq ft Loft (Mezzanine).

Below the loft, the door pictured at the left, is the second bathroom. The door at the right is an HVAC closet.

First bay pictured here with rolled-up garage door (just outside the 750 sq ft office area).

This first section of the warehouse (entering in from the lobby door) is walled off and totals 3,750 sq ft. with three rolling garage doors!

Another view of the first section of warehouse showing the loft stairs and the opened (3) rolling garage doors.

First section of the warehouse just keeps on giving!

Another view of this roomy loft Space above office

This second portion of the warehouse is walled off & boasts 3000 sq ft with two rolling garage doors. This same area is plumbed for toilets/sinks.

Another view of the second storage area (3000 sq ft).

This second walled unit just keeps on giving you space to do whatever you need! There is also another walled off area (not pictured) & currently leasing month to month. Pictures are not shown on this space due to privacy for the tenant. This space is also another 1500 sq ft!!! You decide if you wish to keep this tenant.

Each unit has stubbed-out plumbing for toilets/sinks.

6 Box Electrical Panel, two in use today.

One hundred (100) ft. front footage! Concrete drive entrance starting at Joan Avenue and ends at the end of the building.

Warehouse store front is bright and cheery for welcoming your clients!

This stout warehouse boast six (6) rolling 12' x 12' garage doors! Total warehouse storage of 9000 sq ft!!!

Parking options also at the back of the warehouse.

This warehouse can have additional walls installed inside, as an option for more leasing space if you choose to lease!

Aerial view! The warehouse is in the middle of this picture. Street at the left is not an entrance/exit to property.

Aerial view showing the backside of the lot. There is no street entrance at the backside of the lot.

Aerial view of the left side of warehouse and roof. This is Joan Avenue.

Aerial view showing so much potential! Street entrance is at the right of this picture on Joan Avenue.

A birds-eye view of high traffic Joan Avenue!

Front and left side view of the property! The warehouse showing the concrete drive entrance at Joan Avenue and ending at the length of the building.

Front view of the property! There is an accessible parking space included at the front left at the front entrance of warehouse.

Aerial view showing retention pond at the back of the property meeting all Florida DEP and ISR requirements.

This is the retention pond at the backside of the property.

Another view of the back of the warehouse.

Ai generated photo. This picture highlights the versatile business potential of the warehouse and the wide range of use this space can accommodate! Make your business ideas come to life!

Ai generated photo. So much potential for this warehouse!

AI generated photo to show what the warehouse would look like emptied out. With AI generated photos, the pictures may not be accurately represented. Refer back to original photos.

Property Type: Commercial for Sale Square Footage: 9,000 Lot Size (sq. ft.): 43,560 Status: Active

Current Price: $2,500,000 List Date: 2/26/2026 Last Modified: 4/17/2026

Overview

Description

FUTURE-PROOF PCB ASSET: 9,000 SF 2022-BUILD WITH 10-STORY VERTICAL POTENTIAL Seize a premier 0.998-acre commercial footprint on Joan Avenue, positioned directly in a high-growth corridor evidenced by a neighboring property trading for $15.4M last year. Built in 2022 to rigorous 140 MPH wind standards, this high-spec complex features 100 feet of prime street frontage and a deep 435-foot lot. The property carries a rare 100-foot height allowance, offering massive potential for future vertical expansion. MAXIMIZED RENTAL POTENTIAL: TURNKEY 6-UNIT INVESTMENT CONFIGURATION This 60' x 150' engineered steel facility is a ''plug-and-play'' multi-tenant opportunity designed to maximize your ROI. The current layout is optimized for high-demand flex use, with the first section serving as 2 premium executive offices, lobby, a conference room and public bathroom. While the building already features five sections ready for separation, a small investment of approximately $10,000-$12,000 allo … (Read more) FUTURE-PROOF PCB ASSET: 9,000 SF 2022-BUILD WITH 10-STORY VERTICAL POTENTIAL Seize a premier 0.998-acre commercial footprint on Joan Avenue, positioned directly in a high-growth corridor evidenced by a neighboring property trading for $15.4M last year. Built in 2022 to rigorous 140 MPH wind standards, this high-spec complex features 100 feet of prime street frontage and a deep 435-foot lot. The property carries a rare 100-foot height allowance, offering massive potential for future vertical expansion. MAXIMIZED RENTAL POTENTIAL: TURNKEY 6-UNIT INVESTMENT CONFIGURATION This 60′ x 150′ engineered steel facility is a ”plug-and-play” multi-tenant opportunity designed to maximize your ROI. The current layout is optimized for high-demand flex use, with the first section serving as 2 premium executive offices, lobby, a conference room and public bathroom. While the building already features five sections ready for separation, a small investment of approximately $10,000-$12,000 allows for the addition of two walls and four bathrooms to complete the full 6-unit complex. With two bathrooms already existing and plumbing stubs in place for the remaining four, this property offers a low-cost path to a high-yield, multi-stream rental asset. INDUSTRIAL UTILITY: 53-FOOT TRAILER ACCESS AND 6-GANG POWER Loading is seamless via six 12 x 12 grade-level roll-up doors. Property footprint is designed to accommodate a 53-foot trailer. The 9,000 SF shell maintains an efficient ratio of 8% office to 92% warehouse space, with interior clear heights ranging from 13’7” to 16’11”. The facility is equipped with a 6-gang electrical meter bank and 600 Amp single-phase power, providing dedicated service points for each of the six potential rental units. The front office has 200 amp service. UNINCORPORATED BAY COUNTY LOCATION: LOWER TAXES AND FEWER RESTRICTIONS Located in Unincorporated Bay County rather than city limits, this property offers a strategic financial advantage with lower property tax rates, set at 5.4362 mills for 2026. Owners benefit from fewer municipal restrictions regarding signage or ”Gateway Overlay” facade requirements. Standard county setbacks apply here, offering significantly more buildable flexibility than properties bordering strict city-residential zones. STRATEGIC PRICING: ENGINEERED FOR SAFETY AND PROFIT At a listing price of $2.5M, this asset is positioned at approximately $277 per SF, strategically aligned with the early 2026 PCB flex-industrial average of $290-$310 per SF. The property is located in Flood Zone AE with a community-determined base flood elevation (BFE) of 11.0′. Highlighting its superior engineering, the finished floor elevation is set at 12.75′, providing 1 foot 9 inches of clearance above the required BFE for enhanced safety and insurance advantages. Buyer to verify height allowance, ISR, and FAR for future development. Current tenant occupies 1500 sq ft and on a month to month lease.

Listing Details MLS# 785853

Contract Info

List Price/SqFt: 277.78
Sub-Type: Industrial

Location

Area: 03 – Bay County – Beach
Street #: 2532
Street Name: Joan
Street Suffix: Avenue
State: FL
Zip Code: 32408
County: Bay
Sub Area: 0319 – Beach – East
Lot: 8 & 20
Block: 4
Business Name: A+ Air Conditioning
Subdivision: Lagoon Heights
Community/Resort: None
Waterfront: No
Parcel ID: 30231-000-000
Section: 6
Township: 4 S
Range: 15 W
Elementary School: Breakfast Point
Middle School: Breakfast Point
High School: Arnold
Directions: From Hwy 98 going over the Hathaway Bridge heading west, take a left at 2nd fork to Front Beach Rd. Drive Less than 1/2 mile & take left on Joan. Drive less than half a mile and 2532 Joan Avenue is on the left-hand side. Coming from 98 heading East, take the fork at right to Front Bch rd. Drive Less than 1/2 mile, take left on Joan. Drive less than 1/2 mile 2532 Joan Avenue on left.
Legal Description: 6 4S 15W -11.241- BEG 337.5' E & 1060' S OF NW COR OF NE1/4 OF NW1/4 TH E 434.5' S 100' W 434.5' N 100' TO BEG AKA LOTS 8 & 20 UNR PLAT LAGOON HTS BLK 4 MAP 58B2 ORB 4212 P 221

General Property Info

List Class: Industrial
Immediate Occupancy: No
Construction Status: Construction Complete
SqFt Unit: 9000
# of Stories in Building: Yes
Floor Number: Yes
Site Dimensions: Survey available
Acreage: Yes
Frontage Ft: 100
Lot Depth: 435
SqFt HVAC: 750
SqFt Retail: 750
SqFt – Workarea: 8250
SqFt – Office: 750
SqFt – Warehouse: 9862
SqFt Tot Bldg: 9000
Year Built: 2022
Ceiling Height: 1611

Business Only

Year Built: 2022
Building SqFt: 9000
Price P/SqFt: 277.78

More Information

Listing Info, Tax and Legal

HOA Fee: No

Remarks & Misc

Remarks: FUTURE-PROOF PCB ASSET: 9,000 SF 2022-BUILD WITH 10-STORY VERTICAL POTENTIAL Seize a premier 0.998-acre commercial footprint on Joan Avenue, positioned directly in a high-growth corridor evidenced by a neighboring property trading for $15.4M last year. Built in 2022 to rigorous 140 MPH wind standards, this high-spec complex features 100 feet of prime street frontage and a deep 435-foot lot. The property carries a rare 100-foot height allowance, offering massive potential for future vertical expansion. MAXIMIZED RENTAL POTENTIAL: TURNKEY 6-UNIT INVESTMENT CONFIGURATION This 60' x 150' engineered steel facility is a ''plug-and-play'' multi-tenant opportunity designed to maximize your ROI. The current layout is optimized for high-demand flex use, with the first section serving as 2 premium executive offices, lobby, a conference room and public bathroom. While the building already features five sections ready for separation, a small investment of approximately $10,000-$12,000 allows for the addition of two walls and four bathrooms to complete the full 6-unit complex. With two bathrooms already existing and plumbing stubs in place for the remaining four, this property offers a low-cost path to a high-yield, multi-stream rental asset. INDUSTRIAL UTILITY: 53-FOOT TRAILER ACCESS AND 6-GANG POWER Loading is seamless via six 12 x 12 grade-level roll-up doors. Property footprint is designed to accommodate a 53-foot trailer. The 9,000 SF shell maintains an efficient ratio of 8% office to 92% warehouse space, with interior clear heights ranging from 13'7'' to 16'11''. The facility is equipped with a 6-gang electrical meter bank and 600 Amp single-phase power, providing dedicated service points for each of the six potential rental units. The front office has 200 amp service. UNINCORPORATED BAY COUNTY LOCATION: LOWER TAXES AND FEWER RESTRICTIONS Located in Unincorporated Bay County rather than city limits, this property offers a strategic financial advantage with lower property tax rates, set at 5.4362 mills for 2026. Owners benefit from fewer municipal restrictions regarding signage or ''Gateway Overlay'' facade requirements. Standard county setbacks apply here, offering significantly more buildable flexibility than properties bordering strict city-residential zones. STRATEGIC PRICING: ENGINEERED FOR SAFETY AND PROFIT At a listing price of $2.5M, this asset is positioned at approximately $277 per SF, strategically aligned with the early 2026 PCB flex-industrial average of $290-$310 per SF. The property is located in Flood Zone AE with a community-determined base flood elevation (BFE) of 11.0'. Highlighting its superior engineering, the finished floor elevation is set at 12.75', providing 1 foot 9 inches of clearance above the required BFE for enhanced safety and insurance advantages. Buyer to verify height allowance, ISR, and FAR for future development. Current tenant occupies 1500 sq ft and on a month to month lease.

Construction/Siding

Floor – Concrete: Yes
Floor – Vinyl: Yes
Steel/Frame: Yes
Roof – Gutters: Yes
Roof – Metal: Yes

Energy

Water Heater – Electric: Yes

Financing

Cash: Yes
Conventional: Yes

Present Zoning

County: Yes

Utilities

TV Cable: Yes
Electricity – Connected: Yes
Lift Station: Yes
Water Connected: Yes

Sale Type

As Is: Yes

Business/Property

Restrooms – Private: Yes
Restrooms – Public: Yes

Floors in Unit/Home

Two: Yes

Heating/Cooling

AC – Office: Yes
Heat – Office: Yes

Transport. Access

2-Lane: Yes

Property Features

Energy: Water Heater – Electric Financing: Cash; Conventional Present Zoning: County Sale Type: As Is Utilities: Electricity – Connected; Lift Station; Water Connected; TV Cable

Listing Office: CENTURY 21 Ryan Realty Inc

Last Updated: April – 17 – 2026

Information deemed reliable but not guaranteed.