Welcome to a lucrative investment opportunity in Panama City, FL. This prime commercial property at 2810 Hwy 77 offers a solid income stream with a favorable cap rate of 7.5%. With an occupied space and annual tenant income of $153,943, this property ensures long-term financial growth. Featuring two buildings (front 5,000 sf & back 6,000 sf) totalling 11,000 sq ft, this property houses thriving tenants including South Oak Title, Think Real Estate, and Xtreme Coastal Xtreme Athletics. The combined tenant income of $153,943 annually guarantees a steady cash flow. Strategically located on Hwy 77, this property enjoys excellent visibility and high traffic exposure, with consistent demand for commercial space. Close to amenities and businesses, it leverages the city's economic growth for maximum returns. With a competitive price, solid tenant base, impressive income, and favorable cap rate, this investment property offers exceptional value. Future appreciation enhances its long-term potential. In 2019 both buildings were remodeled with new roofs. Extensive modern buildout was completed for South Oak Title and Think Real Estate. All Ac units are less than 5 years old with (2) 5 ton units replaced in back building in June 2023. Don't miss out on this opportunity to acquire a fully occupied investment property.
Beautiful Country Home sits on .69 acres! NO HOA! Privacy Fenced Backyard for your enjoyment. Convenient to Tyndall AFB, Shopping/Schools/Beaches! Freshly Painted throughout, Open & Split Floor Plan, Great Rm, Kitchen, Hardwood Cabinets. 'Whole House Water Filtration System' (upgraded 2020), ROOF (2019), HVAC (2020), CERAMIC Wood-Look Flooring (2019), Spacious Laundry Rm, MASTER BEDROOM EN-SUITE, Double Vanity, & Large Walk-in Closet; 2 Guest Bedrooms. Seller cannot warrant above ground pool; needs repair. Previous owner converted 1/2 of garage to a heated & cooled, 200sf Bonus Rm, (can be converted back). Home has some foundation settlement, APEX Foundation Specialist's Report available; has Lifetime Warranty for their work. Home is priced accordingly. CALL for Additional Info & Appt.
CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS. Beautiful, newly built, three-bedroom, two-bathroom home, built in 2022. You'll be captivated as soon as you pull up to this charmer with its clean, modern exterior, lush grass, and vibrant flower garden. Enjoy the Florida sunshine on the covered front porch as there is plenty of space to add outdoor furniture. Step inside to find an open-concept main living area with ceramic tile throughout. Enjoy the light and bright kitchen with a lighted walk-in pantry, undercabinet lighting, and drop in stove with double oven! The kitchen island features a unique design reflecting Panama City's coastal-living lifestyle. The storage in this home is generous as you'll find not one, but three closets in the primary bedroom alone! The primary bathroom features a double-vanity and each of the two bathrooms boast gorgeous tile surround and shower. All the closets are lighted and extra lighting throughout. For one of the most exciting features of this home, step through the double French doors (located in the kitchen/dining area) to find the breathtaking, perfectly manicured and landscaped backyard. With an open patio, there's plenty of space for outdoor living to sit out and enjoy. There is an existing 20x20 slab in the back giving you a blank slate to explore options like potentially adding a storage shed, or an office! This is a GREAT home! Don't miss out!
This property is a perfect location for any construction services, industrial services, or a manufacturing business. This is a 1.86 acre fenced in lot with an electric security gate. Property is conveniently located to main roadways including Hwy 231, Hwy 77, Hwy 98 and 23rd St. Highlights include 2875 sq/ft of office and 4257 sq/ft of warehousing, asphalt slab approx. 162' x 162', with plenty of greenspace, and extra auxiliary storage buildings. There is available access to MLK Blvd and to Louisiana Ave. The property provides approx. 345 feet of main road frontage off of MLK Blvd. Lot is Industrial commercial zoning. Recently renovated Office building includes: 5 offices, 3 bathrooms, a kitchenette, and reception area. Office has a standing seam metal roof from 2022, hot water heater 2022, HVAC 2022. Office also features an icehouse where team members can fill up coolers before going into the field. Wearhouse building has 7 roll up bay doors, 3 of which are 16ft power roll up bay doors. Wearhouse building has a 2019 screw down metal roof. This property features 37 parking spaces with plenty of room for additional parking, as well as plenty of room for additional building and expansion. No detail was spared to make this a functional and efficient commercial use property. Note there is a new survey denoting where a portion of the frontage was sold to DOT, that can be referenced. When the DOT takes over this section, they have agreed to make all necessary repairs and renovations as a remedy.
Spacious .50 acre of commercial land fronting Hwy 77. This lot is located near the intersection of Hwy 77 & 15th St. Lot is cleared and ready to development. Set backs are 15' front, 20' rear and 5' on the sides. All sizes/measurements are approximate, buyer/buyer's agent responsibility to verify if important.
LAST NEW Construction Complete Loaded with all the goodies In Bylsma on this fine built 4 bedroom, 2 bath, all brick home that will not disappoint. The kitchen includes stainless steel appliances, real all wood white cabinetry, and granite countertops. This home also features high tray ceilings with rope lighting, a security system, thermoseal spray foam insulation, an outdoor shower, an irrigation system for the yard and the garage even has a generator ready electrical outlet with cord. The home is constructed to meet the very latest Hurricane codes and generator hook-up ready. Call today for a private showing!
PRICE ADJUSTMENT, The Seller is Motivated! Check out this Home with so many upgrades you won't believe it! This 3 bed, 2 bath is centrally located to all that the Panama City area has to offer, close to Tyndall AFB, Watson Bayou, City Marina, Downtown for all the great events and Panama City Beach! Not only do you get this Beautiful home but there is a Huge 3 sided Garage that could include Storage and Workshop space with power and water. On the back of the home is a fantastic covered porch 28 x 12 that is tiled! The home features a metal roof, irrigation well, Gas Tankless Water Heater, Generac whole home generator, outdoor tub with hot and cold water where you can bath your fur-babies without all the mess of inside washing, and privacy fence! Inside you'll find Stainless Kitchen Appliances, Marble flooring in living area and 32 x 32 marble in the master bedroom, Quartz countertops in kitchen and baths, and so much more! Thank you for considering this home. All measurements and information should be verified by buyer or buyer's agent if important.
HUGE PRICE REDUCTION!! BRING ALL OFFERS!! This listing is for 4921 & 4923 Lakewood Dr S. The original townhouses were completely destroyed by hurricane Michael. Per the city of Parker you can build either a duplex or a single family house. Very quiet area.
The very best commercial site in Panama City is now available for purchase. This 77+/- acre tract is located at and around the southeast corner of Highway 77 and Baldwin Rd between the new 360 Gas + C-store and Tonya's Garden, and adjacent to 360 on Baldwin Road. The opportunities are endless for a property with this size and location. Being near the middle of ALL commercial activity in Panama City and Lynn Haven makes this site worthy of your serious consideration. Two median cuts on Highway 77. Excellent location for a commercial development and multifamily on the rear.
Great brick home located minutes from Tyndall Air Force Base. Newly renovated kitchen with soft close drawers, laminate counter tops and tile flooring. Off of the kitchen you will find a washroom with washer and dryer connections and entry into a 2 car garage. the living room is spacious with vaulted ceilings and a brick fireplace. To the right there are three spacious bedrooms with the master bathroom having an accessible shower. This home has a large fenced in backyard. This home is priced perfectly at only $167 per square foot!
Welcome to this tastefully renovated and charming brick cottage, perfectly situated for convenient living and entertaining. Centrally located, this home offers easy access to shopping, restaurants, military bases, hospitals, and schools, making it an ideal choice for those seeking both comfort and accessibility. Step inside to discover an inviting open concept living area, where warm natural light floods the space, creating a welcoming atmosphere for gatherings with family and friends. The large bonus room adds versatility to the home, offering endless possibilities as a home office, playroom, or additional living space. An additional den area with a cozy fireplace serves as the perfect retreat on chilly evenings, providing a comfortable spot to unwind and relax. Whether you're curling up with a good book or hosting intimate gatherings, the fireplace adds a touch of warmth and ambiance to the space. The gourmet kitchen is a chef's dream, boasting new cabinets, stainless steel appliances, a farmhouse style sink, and butcher block countertops that blend style with functionality. Prepare meals with ease while enjoying the timeless elegance of the beautiful backsplash and the ample storage provided by the new cabinetry including a stylish built-in hutch. A spacious laundry room adds convenience to your daily routine, while the fenced backyard offers privacy and a perfect setting for outdoor enjoyment. The shed provides additional storage space or could easily be transformed into a workshop or she-shed, catering to your specific needs and preferences. Throughout the home, vinyl plank flooring exudes modern sophistication, while custom-tiled bathrooms showcase beautiful new vanities and updated fixtures that add a touch of luxury to your everyday life. With the roof and HVAC system only 4 years old, and solar panels recently installed, enjoy the peace of mind knowing your energy bills will be very low. As an added bonus, a large pond borders the back of the property, ensuring privacy and tranquility with no neighbors behind you. Plus, with the beach just a short drive away, you'll have endless opportunities to enjoy the Coastal Lifestyle. There are no HOA fees and this home is located in Flood Zone X so no flood insurance is required either. A very nice ADT security system will also convey with the property. Only 14 minutes to Tyndall AFB, 12 minutes to Sacred Heart, 21 minutes to Naval Support Activity (NSA) Panama City, and 24 minutes to The World's Most Beautiful Beaches. Don't miss out on the opportunity to make this charming brick cottage your own. Schedule a showing today and experience the perfect blend of comfort, convenience, and style!
There are 2 parcels available for sale, totaling approximately 0.53 acres. With a total frontage of 165' on East 15th Street, this vacant land has great visibility on a high-traffic corridor in Panama City.
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.)
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.
Excellent central location near HCA Gulf Coast Hospital, many medical offices, restaurants, retail, hotels, and much more in the immediate area. Water and Sewer are available and located in the right of way adjacent to the site. Property is currently zoned C-2 inside the City of Panama City limits.
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.
THIS LOT COULD BE SPLIT INTO 2 LOTS OR POSSIBLY MADE INTO COMMERCIAL.
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.
This is your chance to own affordable waterfront property that has water views of both the lake and the bay. It's located on Deerpoint lake within 1/2 mile of a fresh water and a salt water boat ramp. You may opt for a dock to access the lake from your backyard? This place has great potential! You may want to build a permanent residence? Or maybe a getaway or a retirement home? You may also build something you can visit and then rent out? You have options with this property. Septic and well will be needed. Septic person has already been out and confirmed installation. Seller has a survey. Please verify measurements if important.
This is your chance to own affordable waterfront property on Deerpoint Lake. This property is truly unique because it has a water view of both the bay and the lake and it is located 1/2 mile from a fresh water and a salt water boat ramp! You may want to build a home and live there full time, or your lake house to visit, or maybe you even want to build a vacation rental? You may even put a dock in and enjoy the lake from your own backyard! We have had a septic person out to confirm installing one and will get you in touch with him. Seller has a survey and it's on the listing documents.
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.
Seller is completing some renovations in kitchen, baths and painting to update the home. Completion estimated around Jan. 31st. Nestled in a prestigious gated community, this stunning 2,475 sq ft residence offers the perfect blend of luxury and comfort. Featuring 4 spacious bedrooms and 2 full baths, this home is designed to cater to all your family's needs.Step inside to discover a beautifully appointed interior with ample natural light and finishes. The heart of the home is the gourmet kitchen, perfect for culinary adventures and family gatherings. The open-concept living area seamlessly flows into the outdoor oasis, where you'll find a heated pool--ideal for year-round enjoyment.The property also boasts a garage with extensive built-ins, providing plenty of storage and workspace for all your projects and hobbies.Don't miss the opportunity to own this exceptional home in one of Panama City Beach's most sought-after communities. Schedule your private tour today and experience the lifestyle you've always dreamed of! The home has New Roof, Plank floors, Crown molding, fresh Paint, Appliances, New 6K Pool Heater and resurfaced Pool. Quite Cul-de-Sac with no thru traffic!. Quality construction add safety and peace of mind. .
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.
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
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program of Tallahassee Board of Realtors. The 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. The data is deemed reliable but is not guaranteed accurate.
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.
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.
