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$483,556
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Property Description
Immaculately maintained commercial office building, currently the home of Troy University's Panama City satellite campus. Troy University is closing this location and the building will be available for lease on July 1, 2025. The space offers a huge reception area, 7 offices, 2 large classrooms, with 2 multi stall ADA restrooms and plenty of room for storage. The building has a large dedicated parking lot with monument signage and direct access to Airport Road and Florida Avenue. This site is perfectly suited for a small charter school or professional or medical office use, all centrally located in the heart of Panama City with easy access to all points in every direction.
Full Property Details
Full Property Details for 527 Airport Rd
General
- Sold For: $483,556
- Status: Closed
- Type: Commercial Lease
- Source: Bay_County
- MLS ID: 770550
- Added to Site: 340 day(s) ago
Location
- County: Bay
- Subdivision: [No Recorded Subdiv]
- Driving Directions: 230+/- Ft. south of 19th St, on Airport Rd.
School Information
- Elementary School: Northside
- Middle School: Jinks
- High School: Bay
Community
- Community Name: 02 - Bay County - Central
Structural Information
- Construction: Brick
- Roof: Shingle
- Year Built: 1990
Lot Features
- Frontage: City Street
- Lot Features: Landscaped
- Zoning: Commercial
Disclosures and Reports
- Legal Description: 32 3S 14W -43.11- 91D3 OLD 61A COM AT SE COR OF SW1/4 OF SEC TH W 375' N 2152.59' E 208.45' FOR POB TH N 157' E 7' NELY 128.73' SELY 80' S 190.72' W 154.82' TO POB ORB 1165 P 598 ORB 2128 P 1118
- Property ID: 14197-031-000
Listed by Counts Real Estate Group
Sold by Non-Member Office
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Schools
Schools serving 527 Airport Rd
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Northside Elementary School 2001 Northside Drive, Panama City, FL 32405 | PK-5 | 0.7 mi |
Jinks Middle School 600 West 11th Street, Panama City, FL 32401 | 6-8 | 0.8 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 527 Airport Rd
Date
Details
Price
Change
Source
2/02/2026
Sold
$483,556
2302547.62%
MLS
3/17/2025
Listed
$21
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
527 Airport Rd, Panama City, FL 32405 (MLS# 770550) is a Commercial Lease property that was sold at $483,556 on February 02, 2026. Want to learn more about 527 Airport Rd? Do you have questions about finding other Commercial Lease 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.

