20,000 Former State of Florida Medical Services Office | Tyndall Parkway

230 N Tyndall Pkwy, Panama City, FL 32404

Property Information

  • For Lease $12.00/SF/YR
  • Property Type Office - General Office
  • Property Size 20,000 SF
  • Lot Size 1.95 Acre
  • Property Tenancy Single Tenant
  • Building Class B
  • Year Built 2008
  • Date Updated May 15, 2026

Description

Positioned on U.S. Hwy 98 (Tyndall Parkway), this property offers direct east–west access to downtown Panama City (approximately 4.5 miles west) and sits roughly 4 miles north of Tyndall Air Force Base. Surrounded by regional retail, medical campuses, and professional services, the site benefits from strong daytime traffic. Flood Zone X designation and COM-1 zoning provide for minimal risk and maximum flexibility.PRICE REDUCTION - 230 Tyndall Parkway is a 20,000 SF steel-frame office asset, formerly leased by the State of Florida, built in 2008 on a 1.95-acre campus. Its efficient, rectangular floorplate accommodates open-plan workstations or private-suite configurations and is fully equipped with network-ready infrastructure, central HVAC, and commercial-grade finishes. While 230 Tyndall Parkway does not have direct road frontage, it enjoys dedicated access via the shared drive off Tyndall Parkway and ample surface parking for employees and visitors. The property is offered for sale or lease, making it ideal for owner-users, investors seeking a near-turnkey office solution, or developers exploring adaptive reuse opportunities. Adjacent to this asset is 210 Tyndall Parkway, a 16,000 SF office building with prominent Tyndall Parkway frontage, also available for sale or lease. Together, the contiguous 36,000 SF campus provides a unique opportunity for single-site management, coordinated branding, and expanded redevelopment potential.230 Tyndall Parkway is a 20,000 SF steel-frame office asset, formerly leased by the State of Florida - Department of Health, built in 2008 on a 1.95-acre campus. Its efficient, rectangular floorplate accommodates open-plan workstations or private-suite configurations and is fully equipped with fiber-ready infrastructure, central HVAC, and commercial-grade finishes. While 230 Tyndall Parkway does not have direct road frontage, it enjoys dedicated access via the shared drive off Tyndall Parkway and ample surface parking for employees and visitors. The property is offered for sale or lease. Adjacent to this asset is 210 Tyndall Parkway, a 16,000 SF office building with prominent Tyndall Parkway frontage, also available for sale or lease. Together, the contiguous 36,000 SF campus provides a unique opportunity for single-site management, coordinated branding, and expanded redevelopment potential.

Highlights

  • 1.95-Acre Campus: Generous site with convenient access via Tyndall Parkway.
  • 20,000 SF Versatile Office Asset: Steel-frame construction built in 2008, formerly leased by the State of Florida.
  • Access & Parking: Dedicated ingress/egress via shared internal drive and ample surface stalls.
  • Adaptive Reuse Opportunity: Ideal for owner-users, investors, or conversion to medical, educational, or R&D uses.
  • Contiguous Campus Potential: Adjacent 16,000 SF building at 210 Tyndall Parkway (with Parkway frontage) also available-offering up to 36,000 SF under single ownership.
  • Flexible Floorplate: Rectangular layout easily configured for open-plan workstations or private suites.
  • Near-Turnkey Infrastructure: network ready, central HVAC with zoned controls, and durable commercial-grade finishes.
  • Parking: 80 surface spaces (4:1,000)
  • Sale or Lease Terms Available: Priced competitively below replacement cost or aggressive lease structuring.

1 Space Available

230 N Tyndall Parkway

Space Type

General Office

Lease Rate

$12.00/SF/YR

Total Space

20,000 SF

Divisible Space

20,000 - 20,000 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Turnkey

Yes

230 Tyndall Parkway is a 20,000 SF steel-frame office asset, formerly leased by the State of Florida - Department of Health, built in 2008 on a 1.95-acre campus. Its efficient, rectangular floorplate accommodates open-plan workstations or private-suite configurations and is fully equipped with fiber-ready infrastructure, central HVAC, and commercial-grade finishes. While 230 Tyndall Parkway does not have direct road frontage, it enjoys dedicated access via the shared drive off Tyndall Parkway and ample surface parking for employees and visitors. The property is offered for sale or lease. Adjacent to this asset is 210 Tyndall Parkway, a 16,000 SF office building with prominent Tyndall Parkway frontage, also available for sale or lease. Together, the contiguous 36,000 SF campus provides a unique opportunity for single-site management, coordinated branding, and expanded redevelopment potential.

Contacts

Kevin Wattenbarger

Five Bridges Real Estate Services

Location

Located at 230 N Tyndall Pkwy, Panama City, FL 32404, this property is part of the Callaway neighborhood and Pensacola market.

  • 55/100 Somewhat Walkable
  • 48/100 Somewhat Bikeable
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Contact Listing Broker
Kevin Wattenbarger

Five Bridges Real Estate Services

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