Panama City FL Real Estate & Commercial for Sale

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Beds:
n/a
Baths:
Sq.Ft.:
3,360
Status:
Active
MLS#:
745653
Type:
General Commercial
Subdivision:
Crown Point
Lot size:
0.93 Acres
Year built:
2020
Courtesy: Overstreet Realty Cathy Jones 850-814-0733
View additional info

ADDITIONAL INFORMATION

Here's a great opportunity for your business on one of the busiest intersections in the county, smack-dab in the middle of the business corridor of Parker, FL. This general commercial lot is located on 2 principle artery roadways, with average daily traffic counts of over 19000/day on Tyndall Parkway- Hwy 98, and 7900 per day on E.Business 98, according to the Florida DOT; making this parcel extremely convenient to Tyndall Air Force Base and Mexico Beach. Acquire this prime commercial location with road frontage on 3 sides, including approx 184 feet of Hwy 98 frontage! Included in the sale is a brand new 3360 SF building with 1000 SF of heated and cooled space. This is a turn-key operation to acquire an established, thriving Auto sales location. No other auto shops licenses will be granted on this main artery to Tyndall and Mexico Beach. Or, this commercial location can accommodate whatever you're needing with development standards of: Maximum building height is 60 feet/6 stories, 10 ft setbacks on 3 sides, and maximum lot coverage of 90% allowable. This quaint, small area of Florida is growing with visitors due to the bays, bayous, new developments and new city fishing pier and boat launch, all within a few blocks of this parcel. . (Some, not all inventory shall convey. Lifts and permanent structures to convey. Buyer to verify any and all information that is important.)

Beds:
n/a
Baths:
Sq.Ft.:
15,000
Status:
Active
MLS#:
743809
Type:
Other
Subdivision:
St Andrews Bay Dev Cmp
Lot size:
1.8 Acres
Year built:
1983
Courtesy: St Andrews Bay Realty John McVeigh 850-527-6060
View additional info

ADDITIONAL INFORMATION

Multiple use commercial location with restaurant, mini warehouses, and residential rentals. DEVELOPMENT POTENTIAL MOTEL/GAS STATION/FAST FOOD.Starting on the corner of 4100 W. Hwy 98, and 1805 Grant Avenue. m330 ft. approx. on 98 by 232 approx. on Grant Avenue.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
925850
Type:
General Commercial
Courtesy: Counts Real Estate Group Inc Christopher McCall 850-814-9889
View additional info

ADDITIONAL INFORMATION

Large office building located on Tyndall Parkway. Formerly leased to the Department of Children and Families Ideal for state and federal agencies as well as Department of Defense contractors working at Tyndall Air Force Base. Will attach plans and new pictures as soon as possible. Call for more details and to setup a tour.

Beds:
n/a
Baths:
Sq.Ft.:
22,000
Status:
Active
MLS#:
742787
Type:
Office
Subdivision:
[No Recorded Subdiv]
Lot size:
2.68 Acres
Year built:
1999
Courtesy: NAI TALCOR Brent Faison 850-814-4490
View additional info

ADDITIONAL INFORMATION

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
923928
Type:
General Commercial
Lot size:
106 Acres
Courtesy: Counts Real Estate Group Inc Cory Herrman 850-381-2923
View additional info

ADDITIONAL INFORMATION

Waterfront Lot with a 3492 sq foot concrete building that could be a restaurant or a warehouse, located by Tyndall AFB and Dupont Bridge. Property has eastward views over East Bay and 120 bay front footage as well as 120 ft along Business 98. Majority of property is located in flood zone X. Zoned Mixed Use.

Beds:
n/a
Baths:
Sq.Ft.:
5,123
Status:
Active
MLS#:
741662
Type:
Office
Subdivision:
Gulf Coast Medical Plaza
Year built:
1987
Courtesy: Centergate Realty LLC Ayesha Albibi 850-258-4194
View additional info

ADDITIONAL INFORMATION

FANTASTIC OPPORTUNITY FOR A GROUND FLOOR OFFICE SPACE IN A VERY DESIRABLE MEDICAL COMPLEX. This 5,123 sq. ft. medical office is ideal for any medical practice that benefit from a location on the Gulf Coast Medical Center Campus. The Hospital is literally down the hall via a connected corridor. The building repairs are complete and all of the common areas have been completely renovated. All sizes including sq. ft. are approx. Please Measure if important.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
921728
Type:
General Commercial
Lot size:
25 Acres
Courtesy: Counts Real Estate Group Inc Christopher McCall 850-814-9889
View additional info

ADDITIONAL INFORMATION

Over 21,000 square foot building on 2.5 acres located in Parker, Florida! The building has been completely renovated including a new standing-seam metal roof valued at over $250,000. The building was originally Hickory Lanes Bowling Alley and most recently Impact Fitness. It could be used for many different uses including, but not limited to; fitness center, family entertainment, church, research & development, warehouse, office, etc. This is a clear-span building (no internal support columns), and it withstood Hurricane Michael very well. 100 parking spaces on the concrete parking lot. Fully-sprinklered building. Located in the city limits of Parker. Call for additional information and to setup a tour.

Beds:
n/a
Baths:
Sq.Ft.:
1,884
Status:
Active
MLS#:
738871
Type:
Other
Subdivision:
[No Recorded Subdiv]
Lot size:
0.29 Acres
Year built:
1990
Courtesy: Coastal Property Services, Inc Cynthia Luster 850-691-7927
View additional info

ADDITIONAL INFORMATION

PRICE REDUCED. OWNER FINANACING WITH 25% DOWN. Nice lot with a concrete structure on it. There is an office in the center of 4 concrete structures that are open in each end. Great for auto repair or oil change.Close to Tyndall AFB with steady traffic daily. DefinitelyCANNOT BE USED AS AUTO REPAIR, OIL CHANGE OR CAR WASH. CAN BE USED AS AN OFFICE OR STORE ( MEDICAL MARIJUANA DISPENSERY.

Beds:
n/a
Baths:
Sq.Ft.:
7,858
Status:
Active
MLS#:
737012
Type:
Mobile Home
Subdivision:
[No Recorded Subdiv]
Lot size:
2.6 Acres
Year built:
1974
Courtesy: Realty One Group Emerald Coast Melissa Barbee 850-775-7600
View additional info

ADDITIONAL INFORMATION

Huge Investment Opportunity on this 2 parcel mobile home park. Currently 10 mobile homes and 1 RV in place. All tenant occupied with 2 more mobile home spaces that can be added. Current annual income at $125,400 with very low expenses because well and septic systems in place equates to no public water bill. Property has 2 wells and 3 septic systems. The electric bill for both wells is roughly $200 per month. Trash $220 per month. Taxes per year are $2195. Rents range from $600 to $1380 per month. All management and maintenance issues are currently addressed very quickly by a highly trusted on-site tenant. Tenant manages and maintains the property, collects rents, handles evictions, making this investment perfect as a passive investment for a hands-off owner. Each mobile home has been updated with granite countertops. Most units have new AC units, waterproof vinyl plank flooring, upgraded bathrooms, cabinets and doors. Also look at 8209 thru 8215 Hwy 2301 (MLS# 730828) listed at $199,000. If both properties purchased together, Sale Price for both properties is $1.3M (savings of almost $100k). Total Gross rents for both properties combined is currently at $150,360. Total Expenses for both properties combined are $3141 Taxes, $3120 Trash, 0 Water and Sewer because of 3 wells 4 septic systems and Electric $3000. Manage and maintain yourself for a Cap Rate of 10.85% or add in Seller's management and maintenance person already in place and takes care of both properties combined. Raise rents by 7.5% and bring in just 2 tenant owned units for $600 per unit and even with Seller's on-site maintenance and management, cap rate would be 10.06% based on a Sale Price for both properties combined of $1.3M.

Beds:
n/a
Baths:
Sq.Ft.:
4,808
Status:
Active
MLS#:
734358
Type:
General Commercial
Subdivision:
[No Recorded Subdiv]
Lot size:
0.47 Acres
Year built:
1968
Courtesy: Keller Williams Success Realty Will Pender 850-358-3610
View additional info

ADDITIONAL INFORMATION

Ready for your Business ideas to come true, Great opportunity for a Store, Business, Warehouse, Daycare. Over 4800 sq feet. 2 units attcached to the property 1 bedroom 1 bath and 2bed/1bath. Income producing property, New Metal roof, partially gutted, bring all of your creative ideas.

Beds:
n/a
Baths:
Sq.Ft.:
9,120
Status:
Active
MLS#:
733889
Type:
Multi-Family
Subdivision:
No Named Subdivision
Lot size:
1.1 Acres
Year built:
2021
Courtesy: Investors Real Estate Mgnt LLC Becky Tillman 850-258-6775
View additional info

ADDITIONAL INFORMATION

Four duplexes, 2 bedroom/2 bath in each of the eight units, in central Panama City close to everything. These units were taken down to the concrete block walls and studs after Hurricane Michael and completely rebuilt with new roof, new PVC plumbing from all fixtures in slab to outside, all plumbing lines with PEX, spray foam on roof deck, new HVAC units and ductwork, new appliances, completely new sheetrock, new plumbing fixtures, new lighting fixtures, new electric service and wiring, new flooring, indoor laundry room and much more. Layout and spec sheet in photos and in documents

Beds:
n/a
Baths:
Sq.Ft.:
3,000
Status:
Active
MLS#:
731482
Type:
General Commercial
Subdivision:
St Andrews Harbour
Lot size:
0.47 Acres
Year built:
1947
Courtesy: St Andrews Bay Realty John McVeigh 850-527-6060
View additional info

ADDITIONAL INFORMATION

Property consist of two locations. 1323 Beck Avenue and 1322 Bayview Avenue. The Beck location consist of 20,580 sq. ft, which has 147 ft of frontage on Beck Avenue. There is currently a 2,000 sq. ft building and 1,000 sq. ft storage shed. The Bayview property is 8,820 sq ft.(63X140) with multi family zoning. There is currently a 3 bedroom/1bath home on the property. Properties adjoin each other to give you additional development opportunities. The owner will finance with substantial down payment. Endless posibilities with plenty of parking in historic St. Andrews. One of a kind!

Beds:
n/a
Baths:
Sq.Ft.:
1,470
Status:
Active
MLS#:
730827
Type:
Mobile Home
Subdivision:
No Named Subdivision
Lot size:
1.81 Acres
Year built:
1980
Courtesy: Realty One Group Emerald Coast Melissa Barbee 850-775-7600
View additional info

ADDITIONAL INFORMATION

Property has 4 addresses. 2 park owned existing mobile homes on property that are leasing for a total of $2080 a month. Expenses are extremely low because of well and septic. All figures and info are supplied by Seller and are not guaranteed and should be verified. Electric is less than $50 a month and Culligan has a water purifier rental for $130 a mo. Taxes are $945 a year or $79 a month. NOI around $21,855 a year giving a Cap Rate of 10.98%. Both units have been extremely well appointed during the rehab process with new kitchen cabinets in both units. Both even have granite kitchen countertops. Unit 8213 up front is a 1bd/1ba. Unit 8211 in back is a 14' wide (not the normal 12) and is a 2bd/2ba. Both bedrooms have their own bathrooms. One even has a garden tub and walk-in closet. Both units have Central HVAC and most appliances are new. Both units have washers and dryers. You'll see the quality and very little deferred maintenance the Seller takes pride in. Seller has another MHP (MLS# 737012) and owns both land and all units. 11 paying rentals located appx 1.5 miles away at 6904 thru 6920 Penny Rd. Asking Price $1.2M. Onsight Manager/Maintenance person takes care of both parks and is extremely trustworthy. Seller offering both properties at $1.4M (savings of appx 100k). Cap Rate is currently 8.08%. The larger park has 2 vacant lots that used to have units on them. Let someone put a unit on each of those vacant lots for $600 per unit raise rents by 7.5% and your total Cap Rate would be 10.06% based on $1.3M sale price. Call today for more details.

Beds:
n/a
Baths:
Sq.Ft.:
7,200
Status:
Active
MLS#:
728820
Type:
Other
Subdivision:
St Andrews Bay Dev Cmp
Lot size:
4.2 Acres
Year built:
1985
Courtesy: Keller Williams Success Realty Christine Lance 850-258-2544
View additional info

ADDITIONAL INFORMATION

Owners will divide! Desirable 4.2 acre property located on busy Hwy 77 in Panama City. There is 330' of road frontage on Hwy 77 with ingress and egress in two locations. Annual average daily traffic count is 33,065 vehicles. The property consists of two metal 60' x 60' retail buildings complete with finished interior space and covered warehouse storage. There is parking at each building and a driveway between. There is no direct cut in the median at this location, but the cut is very nearby so turning in from the opposite side of the road is fairly easy. The back portion of the property is vacant land except for a cement slab where an additional storage building used to be. The sellers retail business is not for sale only the buildings and property. The other business onsite is in a month to month lease. Please do not disturb these tenants. The property is located in an A Flood Zone, so flood coverage is lender required on the buildings. The sellers had a ditch installed around the perimeter of the property years ago to move rainwater off and out to the main street drainage. The property has a Panama City address but was annexed by the city of Lynn Haven, so utilities and taxes are through Lynn Haven. Lots of potential with this size lot for teardown and redevelopment as Office, Hotel, Retail, Restaurant, Multi-Family, etc.

Beds:
n/a
Baths:
Sq.Ft.:
2,478
Status:
Active
MLS#:
728574
Type:
Office
Subdivision:
No Named Subdivision
Lot size:
0.2 Acres
Year built:
1935
Courtesy: Five Oaks Realty Dwight Hicks 850-867-0525
View additional info

ADDITIONAL INFORMATION

Newly remodeled two story red brick class A office building in the heart of Downtown Panama City. Walking distance to restaurants, bars and shops. Four offices, a conference room, reception area, kitchen nook, and two bathrooms make up a comfortable and attractive workspace. There is ample room for nice lunches on the spacious deck attached to the building with a fenced in back yard with rear access from Mercer Avenue. Great place for viewing the downtown fireworks or even an office party.Owner is the Selling Agent.

Beds:
n/a
Baths:
Sq.Ft.:
29,000
Status:
Active
MLS#:
880081
Type:
General Commercial
Lot size:
2.2 Acres
Year built:
2015
Courtesy: NBI Properties Inc Craig Barrett
View additional info

ADDITIONAL INFORMATION

15,000 SF Office space at the major intersection of 15th Street (Hwy 98) and Blake Ave, space available Jan 1 , 2022, Children's Advocacy will vacate jan 1, high traffic large parking area

Beds:
n/a
Baths:
Sq.Ft.:
2,219
Status:
Active
MLS#:
667661
Type:
Other
Subdivision:
No Named Subdivision
Lot size:
3.5 Acres
Year built:
1965
Courtesy: Counts Real Estate Group Charlie Haas 850-896-2240
View additional info

ADDITIONAL INFORMATION

Excellent 3.5 Acre Commercial Waterfront Development Opportunity on North Bay at the foot of the Deer Point Dam. This site is noted as Site 2A on the property aerial and part of a fragmented parcel consisting of 76.6 acres (Bay County Parcel Number 08671-000-000). The site currently houses a Bait Shop and is to be carved out of the current parcel with size and dimensions to be determined. Zoned Agriculture/Timberland (AG-2) in Unincorporated Bay County, rezoning & access to municipal water & sewer would require annexation into the City of Lynn Haven. Additional vacant waterfront and interior land parcels available from .84 acres to 130 acres along the Highway 2321 corridor in the Deer Point Lake and North Bay area.

Beds:
n/a
Baths:
Sq.Ft.:
10,000
Status:
Active
MLS#:
736668
Type:
General Commercial
Year built:
1980
Courtesy: NBI Properties Inc Craig Barrett
View additional info

ADDITIONAL INFORMATION

Large Box for office or can be built out for retail, located at a major intersection in Panama City Beach FL, 18,000 sf large parking area, great visibility, many different uses for this space.

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76–93 of 93 properties displayed
Andrea D. Conner, License # BK3437731, Xome Inc., License CQ1043756, [email protected], 844-400-XOME, 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2025 Central Panhandle Association of Realtors® Multiple Listing Service, Inc. – All Rights Reserved.


Andrea D. Conner, License # BK3437731, Xome Inc., License CQ1043756, [email protected], 844-400-XOME, 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2025 Emerald Coast Association of REALTORS® - All Rights Reserved. Vendor Member Number 28170




Panama City Real Estate

Panama City is located in Florida. Panama City, Florida has a population of 34,521. Panama City is less family-centric than the surrounding county with 24.07% of the households containing married families with children. The county average for households married with children is 27.71%.

The median household income in Panama City, Florida is $51,569. The median household income for the surrounding county is $60,473 compared to the national median of $69,021. The median age of people living in Panama City is 39.2 years.

Panama City Weather

The average high temperature in July is 90 degrees, with an average low temperature in January of 42 degrees. The average rainfall is approximately 59.8 inches per year, with 0 inches of snow per year.

Panama City Map

Panama City Real Estate Market Conditions

  • Median sales price

    $308,000
    25%
    change since last quarter
  • # Active listings

    1,447
    30-day change

Panama City Schools and Demographics

Education near Panama City, FL

City County
High School Graduates 89.29 90.08
College Degree - 2 year 10.58 11.67
College Degree - 4 year 26.75 25.6
Graduate Degree 7.18 6.91
Expenditures per Student 13,432 13,432
Students per Teacher 18.3 18.3

Elementary Schools near Panama City, FL

Grades Students P/T Ratio ZIP
Bay Haven Charter Academy KG - 05 690 15.7 32405
Callaway Elementary School PK - 05 523 14.5 32404
Cedar Grove Elementary School PK - 05 473 11 32405
Deer Point Elementary School PK - 05 718 14.1 32404
Hiland Park Elementary School PK - 05 837 14.9 32405
Hutchison Beach Elementary School PK - 05 721 13.9 32407
Lucille Moore Elementary School PK - 05 557 10.9 32405
Lynn Haven Elementary School PK - 05 775 15.2 32444
Merriam Cherry Street Elementary School PK - 05 403 14.9 32401
North Bay Haven Charter Academy Elementary School KG - 05 669 15.2 32401
Northside Elementary School PK - 05 694 15.4 32405
Oakland Terrace School for the Visual and Performing Arts PK - 05 359 10.3 32401
Oscar Patterson Elementary Magnet PK - 05 379 11.5 32401
Parker Elementary School PK - 05 630 15.8 32404
Patronis Elementary School PK - 05 852 14.7 32408
Rising Leaders Academy KG - 06 102 9.3 32405
Springfield Elementary School PK - 05 477 10.8 32401
Tommy Smith Elementary School PK - 05 720 16 32404
Tyndall Elementary School PK - 05 790 14.4 32403
University Academy (Sabl, Inc.) KG - 05 303 16.8 32405

Middle Schools near Panama City, FL

Grades Students P/T Ratio ZIP
Bay Haven Charter Middle School 06 - 08 516 19.9 32405
Everitt Middle School 06 - 08 608 13.8 32401
Jinks Middle School 06 - 08 572 13.3 32401
Merritt Brown Middle School 06 - 08 727 14.8 32404
Mowat Middle School 06 - 08 1,017 16.7 32444
Newpoint Middle School 06 - 08 188 18.8 32405
North Bay Haven Charter Academy Middle School 06 - 08 478 19.9 32404

High Schools near Panama City, FL

Grades Students P/T Ratio ZIP
A. Crawford Mosley High School 09 - 12 1,687 20.1 32444
Bay High School 09 - 12 1,365 19.5 32401
Newpoint Bay Charter High School 09 - 12 125 25 32405
North Bay Haven Career Academy 09 - 12 610 17.4 32404
Rutherford High School 09 - 12 1,188 19.2 32401

Ungraded Schools near Panama City, FL

Grades Students P/T Ratio ZIP
* Rosenwald High School 08 - 12 246 11.7 32401
Bay Virtual Franchise 06 - 12 50 32401
Bay Virtual Instruction (Course Offerings) 06 - 12 28 32401
Bay Virtual Instruction Program KG - 12 54 32401
Deane Bozeman School PK - 12 1,154 15.2 32409
Exceptional Student Education PK - 12 0 32401
Margaret K. Lewis in Millville PK - 12 136 5 32401
New Horizons Learning Center 06 - 12 118 5.6 32405
Panama City Marine Institute 06 - 12 95 32401
Tom P. Haney Vocational Technical Center AE - AE 0 32405

Demographics near Panama City, FL

City County
Neighborhood Type Suburban
Population 34,521 181,384
Population Density 986 239
Median Age 39.2 40.8
People per Household 2.3 2.5
Median Household Income 51,569 60,473
Average Income per Capita 30,862 32,312

Real estate near Panama City