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$315,000
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Property Description
This stunning commercial office space, located in the heart of downtown and adjacent to the courthouse, is now available for sale. The property has undergone a complete renovation from top to bottom, offering a modern and professional environment perfect for businesses of all sizes. Key Features: Five Private Offices: Each office is designed with functionality and style in mind, providing ample space for productivity and comfort. Conference Room: A spacious conference room is available, ideal for meetings, presentations, and collaborative work. Prime Location: Situated in the bustling downtown area, the property is just steps away from the courthouse, making it an ideal location for legal firms, consulting agencies, or other professional services. Completely Renovated: Every inch of this office space has been meticulously upgraded, including new flooring, lighting, HVAC systems, and high-end finishes throughout. This property is a rare find in such a sought-after location. Whether you're looking to expand your business or make a strategic investment, this commercial office space offers unparalleled value and convenience.
Full Property Details
Full Property Details for 307 E 5th St
General
- Price: $315,000
- Status: Active
- Type: Office
- Source: Bay_County
- MLS ID: 782998
- Updated: 12/28/2025
- Added to Site: 21 day(s) ago
Location
- County: Bay
- Subdivision: No Named Subdivision
- Driving Directions: next to courthouse on 5th st.
School Information
- Elementary School: Cherry Street
- Middle School: Jinks
- High School: Bay
Community
- Community Name: 02 - Bay County - Central
Heating & Cooling
- Air Conditioning: Yes
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Utility Description: Sewer Available
Structural Information
- Year Built: 1978
Lot Features
- Property View: Bayou
- Lot Size (Acres): 0.11
- Lot Size (Sq. Ft.): 4,791.6
- Lot Size: .11
- Zoning: Business
Water Features
- Water Front: Yes
- Water View: Yes
Disclosures and Reports
- Legal Description: GCD PLAT E 60' OF LOTS 21 & 22 BLK 22 MAP 105C2
- Property ID: 19779-000-000
Listed by Hitchcock Real Estate LLC
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Schools
Schools serving 307 E 5th St
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Merriam Cherry Street Elementary School 1125 Cherry Street, Panama City, FL 32401 | PK-5 | 1 mi |
Jinks Middle School 600 West 11th Street, Panama City, FL 32401 | 6-8 | 1.1 mi |
Bay High School 1200 Harrison Avenue, Panama City, FL 32401 | 9-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 307 E 5th St
Date
Details
Price
Change
Source
12/28/2025
Listed
$315,000
120.28%
MLS
2/28/2024
Sold
$143,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 307 E 5th St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,012
—
$45,261
9%
2023
$1,012
55%
$41,517
72%
2021
$653
-27%
$24,177
-36%
2022
$899
38%
$38,061
69%
2021
$653
51%
$22,517
—
2019
$432
-33%
$22,517
-36%
2018
$641
8%
$35,331
7%
2017
$592
-10%
$32,931
-8%
2016
$658
3%
$35,893
9%
2015
$637
23%
$32,822
17%
2014
$519
-24%
$28,026
—
2013
$687
—
$28,026
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 307 E 5th St
307 E 5th Street, Panama City, FL 32401 (MLS# 782998) is a Office property. 307 E 5th Street is currently listed for $315,000 and was received on December 28, 2025. Want to learn more about 307 E 5th Street? Do you have questions about finding other Office real estate for sale in Panama City? You can browse all Panama City real estate or contact a Coldwell Banker agent to request more information.

