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    Panama City, FL
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    Panama City, FL Assisted Living Facilities for Sale

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    Multi-Use Office Building with Suites
    Updated: Mar 26
    Multi-Use Office Building with Suites

    722 N Cove Blvd, Panama City, FL 32401

    $650,000
    3,000 sqft 0.27 AC lot
    Listing includes both properties: 722 Martin Luther King and 722 1/2 MLK
    Over 3,000 sq. ft. commercial building on a 0.27‑acre lot
    10 bedrooms and 8 bathrooms across the property’s flexible layout
    Minutes from Downtown, the hospital, and major shopping centers
    Layout supports private offices, client suites, or guest accommodations for office, medical, hospitality, or mixed‑use use
    View details
    See hot listings in Panama City

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    Based on your search, we've compiled 22 Potential Opportunities for your consideration. Besides 1 Active listings in Panama City, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 17 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Licensed Personal Care Home
    Licensed Personal Care Home

    511 N Monroe St, Albany, GA 31701

    $165,000
    2,064 sqft 0.50 AC lot

    Configured care-home property with resident bedrooms, shared spaces, updated systems, and outdoor areas in Albany.

    View details
    Assisted Living Facility with Chapel
    Assisted Living Facility with Chapel

    18520 Blue Star Hwy, Quincy, FL 32351

    $850,000
    17,351 sqft 13.00 AC lot

    Single-level senior care facility with private resident amenities, shared lounges, dining, and support spaces nearing completion.

    View details
    Assisted Living Facility with Chapel
    Assisted Living Facility with Chapel

    18520 Blue Star Highway, Quincy, FL 32351

    $850,000
    13.00 AC lot

    Purpose-built, single-story community includes resident rooms, lounges, dining, and support spaces.

    View details
    Licensed Assisted Living Facility
    Licensed Assisted Living Facility

    511 N Monroe St, Albany, GA 31701

    Contact for pricing
    2,064 sqft

    Established care-home layout with resident accommodations, shared gathering space, and updated building systems.

    View details

    Off-Market Properties in Panama City, FL

    Consider similar Off-Market properties in Panama City, FL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    521 Bch Dr
    HOMES (RETIRED, NURSING)

    521 Bch Dr, Panama City, FL 32401-3247

    Estimated value:
    $235,000
    6,106 sqft 0.43 AC lot
    View details
    11921 Caruso Dr
    HOMES (RETIRED, NURSING)

    11921 Caruso Dr, Panama City, FL 32404-2927

    Estimated value:
    $115,000
    6,788 sqft 0.98 AC lot
    View details
    626 Tyndall Pkwy
    HOMES (RETIRED, NURSING)

    626 Tyndall Pkwy, Panama City, FL 32404-6132

    Estimated value:
    $7,550,000
    48,820 sqft 4.45 AC lot
    View details
    3212 Jenks Ave
    HOMES (RETIRED, NURSING)

    3212 Jenks Ave, Panama City, FL 32405-4224

    Estimated value:
    $1,790,000
    69,709 sqft 17.46 AC lot
    View details
    2100 Jenks Ave
    HOMES (RETIRED, NURSING)

    2100 Jenks Ave, Panama City, FL 32405-4530

    Estimated value:
    $1,655,000
    40,691 sqft 9.23 AC lot
    View details
    2059 Lisenby Ave
    HOMES (RETIRED, NURSING)

    2059 Lisenby Ave, Panama City, FL 32405-2902

    Estimated value:
    $220,000
    5,020 sqft 3.25 AC lot
    View details
    1400 11th St
    HOMES (RETIRED, NURSING)

    1400 11th St, Panama City, FL 32401-1810

    Estimated value:
    $470,000
    21,819 sqft 2.64 AC lot
    View details
    1027 Hwy 98
    HOMES (RETIRED, NURSING)

    1027 Hwy 98, Panama City, FL 32401-3632

    Estimated value:
    $720,000
    46,601 sqft 2.29 AC lot
    View details
    1407 Lincoln Dr
    HOMES (RETIRED, NURSING)

    1407 Lincoln Dr, Panama City, FL 32401-2870

    Estimated value:
    $2,285,000
    6,547 sqft 4.27 AC lot
    View details
    4621 Hilltop Ln
    HOMES (RETIRED, NURSING)

    4621 Hilltop Ln, Panama City, FL 32405-6446

    Estimated value:
    $300,000
    11,059 sqft 2.98 AC lot
    View details
    1204 13th St
    HOMES (RETIRED, NURSING)

    1204 13th St, Panama City, FL 32401-2015

    Estimated value:
    $230,000
    3,475 sqft 0.49 AC lot
    View details
    3637 Hwy 390
    HOMES (RETIRED, NURSING)

    3637 Hwy 390, Panama City, FL 32405-2728

    Estimated value:
    $630,000
    94,000 sqft 19.92 AC lot
    View details
    3611 Transmitter Rd
    HOMES (RETIRED, NURSING)

    3611 Transmitter Rd, Panama City, FL 32404-9799

    Estimated value:
    $925,000
    48,503 sqft 4.83 AC lot
    View details
    526 Mary Ella Ave
    HOMES (RETIRED, NURSING)

    526 Mary Ella Ave, Panama City, FL 32404-2323

    Estimated value:
    $250,000
    8,100 sqft 1.38 AC lot
    View details
    2575 Harrison Ave
    HOMES (RETIRED, NURSING)

    2575 Harrison Ave, Panama City, FL 32405-4458

    Estimated value:
    $570,000
    31,138 sqft 2.50 AC lot
    View details
    924 13th St
    HOMES (RETIRED, NURSING)

    924 13th St, Panama City, FL 32401-2214

    Estimated value:
    $410,000
    28,813 sqft 2.33 AC lot
    View details
    335 Watersound Pkwy
    HOMES (RETIRED, NURSING)

    335 Watersound Pkwy, Inlet Beach, FL 32461-7441

    Estimated value:
    $295,000
    8.68 AC lot
    View details

    Panama City, FL Assisted Living Facilities Market Trends and Statistics

    Explore 18 assisted living facilities for sale in Panama City, FL on our real estate platform. These investment opportunities span a total of 3,000 square feet of properties for sale, with an estimated market value of $650,000.

    Sale prices for assisted living facilities in Panama City, FL average $650,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Medical centers 4
    Medical space 3
    Assisted living facilities 1
    Spa & wellness properties 1

    Demographics Overview

    Population 154K
    Population Growth (5Y) +1,132.7%
    Median Household Income $71,237
    College Educated 29.8%

    High-Yield Neighborhoods for Investment

    Identify Panama City submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    32401 $650K

    Taxes & Financing

    Tax Rate (average for all types) 1.42%
    Property Tax per SF $28.37 per SF
    Tax Rate vs County Average 0.07 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Bay County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Bay County

    Retail

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Panama City fall within the 100,000+ square foot range.

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    • 32401

    Featured Panama City Real Estate Agencies

    Realmo connects you with licensed Panama City CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Full Sail Realty of Northwest Florida
    1514 W. 23rd St, Suite B Panama City, FL 32405
    Phone: 18508194961
    FullSailNWFL.com

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