Panama City, FL
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Property Types
    1
    • Retail
    • Office
    • Residential Income
    • Restaurants
    • Industrial
    • Mixed-Use
    • Hospitality
    • Health Care
    • Sports & Entertainment
    • Land
    • Agricultural
    • Specialty
    Price
    Price
    $
    $

    Panama City, FL Commercial Land for Sale

    Notify Me
    List
    Map
    Rosemary Beach, FL Panama City Beach, FL Southport, FL
    224 results
    Prime Commercial Land Opportunity
    $875,000
    2.20 Acres
    Prime Commercial Land Opportunity

    2406 Saint Andrews Boulevard, Panama City, FL 32405

    2.2-acre parcel ideal for development in Panama City, FL.
    • Large 2.2 +/- acre parcel suitable for development.
    • Ideal for restaurant or professional office development.
    • Located on a future major commercial corridor.
    • Enjoy natural water views!
    • Former improvements cleared, simplifying development.
    Updated: Apr 28
    View details
    Highway 231 Commercial Land
    $599,000
    2.00 Acres
    Highway 231 Commercial Land

    Star Avenue, Panama City, FL 32404

    2-acre commercial parcel with high visibility on Highway 231.
    • 2‑Acre Commercial Parcel on Highway 231
    • Zoned General Commercial, offering outstanding flexibility
    • Approximately 285 ft of frontage on Highway 231
    • High traffic count: 25,000+ vehicles per day
    • Located within Bay County limits
    Updated: May 30
    View details
    Gulf-Front Property in Panama City
    $1,830,000
    0.29 Acres
    Gulf-Front Property in Panama City

    Prime 0.29-acre Gulf-front property with development potential.

    5403 Gulf Drive, Panama City, FL 32408

    View details
    Prime Development Opportunity in Panama
    $2,300,000
    4.77 Acres
    Prime Development Opportunity in Panama

    4.77 acre commercial parcel in a prime location.

    4810 W Highway 98, Panama City, FL 32401

    View details
    Commercial Land in Panama City
    $1,294,000
    0.77 Acres
    Commercial Land in Panama City

    Prime commercial land with high traffic count in Panama City.

    4127 W Highway 98, Panama City, FL 32401

    View details
    Commercial Land on Tyndall Parkway
    $750,000
    0.70 Acres
    Commercial Land on Tyndall Parkway

    Out-parcel on busy Tyndall Parkway in front of shopping center.

    133 S Tyndall Parkway, Panama City, FL 32404

    View details
    Corner Commercial Development Land
    $260,000
    2.50 Acres
    Corner Commercial Development Land

    2.5-acre corner parcel with Mix Use 3 zoning and Opportunity Zone status, primed for medium-to-high density development.

    1014 Mercedes Avenue, Panama City, FL 32401

    View details
    Prime Commercial Land on Highway
    $200,000
    1.35 Acres
    Prime Commercial Land on Highway

    1.3 acres of commercial land with high traffic exposure.

    Highway 231, Panama City, FL 32404

    View details
    Panama City Build-Ready Land
    $175,000
    0.67 Acres
    Panama City Build-Ready Land

    Two side-by-side cleared lots ready for immediate construction.

    1512 S Berthe Avenue, Panama City, FL 32404

    View details
    Cleared Land in Panama City
    $175,000
    0.67 Acres
    Cleared Land in Panama City

    Two build-ready lots in a prime Panama City location.

    1516 S Berthe Avenue, Panama City, FL 32404

    View details
    Expansive Commercial Land Opportunity
    $1,500,000
    93.00 Acres
    Expansive Commercial Land Opportunity

    Large 93-acre commercial tract with high visibility in Panama City.

    Hwy 231, Panama City, FL 32404

    View details
    Commercial Land in Millville Business
    $114,000
    0.50 Acres
    Commercial Land in Millville Business

    High-visibility corner parcel in Panama City's Millville Community.

    425 Maine Avenue, Panama City, FL 32401

    View details
    Waterfront Development Opportunity in Panama
    $12,000,000
    283.00 Acres
    Waterfront Development Opportunity in Panama

    283-acre waterfront land with development potential near major landmarks.

    1025 Hwy 2297, Panama City, FL 32404

    View details
    Prime Commercial Land on Highway
    $199,000
    1.35 Acres
    Prime Commercial Land on Highway

    High-visibility 1.3+ acre commercial land on a busy highway.

    Hwy 231, Panama City, FL 32404

    View details
    Highway 77 Commercial Land Parcel
    $775,000
    5.07 Acres
    Highway 77 Commercial Land Parcel

    5.07-acre commercial parcel on high-traffic highway, Panama City, FL.

    12135 Highway 77, Panama City, FL 32409

    View details
    Cleared Lot Near Inlet Beach
    $695,000
    0.50 Acres
    Cleared Lot Near Inlet Beach

    0.5-acre lot ready for development near the beach.

    41 Wildwood Trail, Inlet Beach, FL 32461

    View details
    Prime Commercial Land Panama City
    $749,000
    1.00 Acre
    Prime Commercial Land Panama City

    One-acre commercial parcel on Thomas Drive in Panama City Beach.

    1735 Thomas Drive, Panama City, FL 32408

    View details
    Panama City Commercial Land
    $130,000
    0.42 Acres
    Panama City Commercial Land

    Commercial land with development plan in Panama City, Florida.

    1526 Fortune Avenue, Panama City, FL 32405

    View details
    Panama City Commercial Land Available
    $550,000
    4.04 Acres
    Panama City Commercial Land Available

    Four acres in rapidly developing area, suitable for various uses.

    1729 Florida Avenue, Panama City, FL 32405

    View details
    Commercial Land in Panama City
    $1,490,000
    8.37 Acres
    Commercial Land in Panama City

    8.37 acres of commercial land in rapidly growing area.

    9322 Florida 77, Panama City, FL 32409

    View details
    Commercial Lot in Premier Location
    $351,000
    52,272 SF
    Commercial Lot in Premier Location

    1.65 acre commercial lot, design ready, ideal for development.

    1200 W 19th Street, Panama City, FL 32405

    View details
    Mixed-Use Property Near Tyndall AFB
    $699,000
    8,008 SF
    Mixed-Use Property Near Tyndall AFB

    2.35 acres with warehouse, ideal for logistics and distribution.

    3702 E 3rd Street, Panama City, FL 32401

    View details
    Commercially Zoned Site on Highway
    $595,000
    320,602 SF
    Commercially Zoned Site on Highway

    Commercial land with highway access and favorable zoning.

    6804 Highway 231, Panama City, FL 32404

    View details
    Retail Development Opportunity in Panama
    $250,000
    16,600 SF
    Retail Development Opportunity in Panama

    Prime corner lot in high-traffic area, ideal for retail.

    2732 East 15th Street, Panama City, FL 32405

    View details

    Panama City, FL Commercial Land Investment Opportunities Market Analysis

    Explore 224 commercial land for sale in Panama City, FL, showcased through 224 active listings on our real estate platform. These investment opportunities span a total of 1,279,897 square feet of properties for sale, with an estimated market value of $31,356,898.

    Sale prices for commercial lots in Panama City, FL start at $129,900, averaging $1,254,275, and reaching up to $5,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Commercial land 250
    Residential land & home lots 144
    Waterfront Land 75
    Industrial land 9
    Agricultural land / Farmland 6

    Property Size Breakdown

    The majority of commercial real estate listings in Panama City fall within the 1 to 5 acres range.

    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 median listing prices of real estate assets

    Neighborhood Average Price
    Panama City $1.1M
    Panama City Beach $19.8M

    Taxes & Financing

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

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings