Panama City Beach, FL Commercial Real Estate for Sale

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Vacant Storefront with Updated Systems
Updated: Apr 18
Vacant Storefront with Updated Systems

16610 Front Beach Road, Panama City Beach, FL 32413

$599,000
1,200 sqft 0.10 AC lot
1,200‑square‑foot vacant storefront building
50 feet of frontage on Front Beach Road
Zoned Commercial High Intensity
Roof replacement completed in 2022
Electrical system updated within the past 10 years
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Commercial Land with Existing Building
Updated: Jan 19
Commercial Land with Existing Building

11832 Front Beach Road, Panama City Beach, FL 32407

$4,900,000
10,416 sqft 0.57 AC lot
0.57‑acre commercial site with approximately 158.5 feet of Front Beach Road frontage
Approximately 10,416‑square‑foot commercial building, including approximately 9,600 square feet of HVAC space
CH - Commercial High Intensity designation with public sewer service
Existing occupancy includes a golf cart and Slingshot rental business plus an additional tenant
Built in 1955; portions of the building are unused due to roof damage
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Motel Property with Seven Bedrooms
Motel Property with Seven Bedrooms

604 Fernwood Street, Panama City Beach, FL 32407

$650,000
2,556 sqft 0.42 AC lot

Block construction, public sewer, and window-unit cooling support multiple commercial lodging configurations.

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See what stands out in Bay County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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Local Demand available after sign in
Class A Tilt-Wall Office Building
Class A Tilt-Wall Office Building

Panama City Beach, FL 32407

$9,950,000
67,415 sqft 8.00 AC lot

Class A office property with tilt-wall construction, 2017 roof replacement, and 450+ parking spaces.

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Professional Office Building with Lobby
Professional Office Building with Lobby

10010 Hutchison Boulevard, Panama City Beach, FL 32407

$925,000
3,179 sqft 0.60 AC lot

Two-level office layout includes private rooms, meeting space, support areas, and parking at both the front and rear.

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Commercial Land with Commercial Zoning
Commercial Land with Commercial Zoning

1616 Allison Avenue, Panama City Beach, FL 32407

$3,000,000
7.83 AC lot

Approved commercial land-use and zoning changes support consideration of retail, hospitality, food service, healthcare, and other permitted concepts.

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Flex Space with Warehouse and Yard
Flex Space with Warehouse and Yard

17687 Ashley Drive, Panama City Beach, FL 32413

$4,950,000
31,220 sqft 3.90 AC lot

Combined office, warehouse, and outdoor storage improvements support varied commercial operations.

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Retail Development Parcel with Drive-Thru
Retail Development Parcel with Drive-Thru

20901 Panama City Beach Parkway, Panama City Beach, FL 32413

$3,000,000
6,500 sqft

Flexible retail space opportunities on a commercial land parcel with a drive-thru coffee concept nearby to a 220-unit apartment community.

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High-Clear Warehouse
High-Clear Warehouse

109 Estes Place, Panama City Beach, FL 32413

$5,975,000
28,010 sqft 2.05 AC lot

Recently built warehouse with expansive vertical capacity, clear-span space, and multiple overhead roll-up doors.

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Commercial Land with Tourist Exposure
Commercial Land with Tourist Exposure

9823 Thomas Drive, Panama City Beach, FL 32408

$950,000
0.57 AC lot

Commercially zoned parcel with Thomas Drive frontage, available utilities, and city road access.

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Six-Unit Motel Near Beach Access
Six-Unit Motel Near Beach Access

8524 Surf Dr, Panama City Beach, FL 32408

$2,900,000
21,780 sqft

Furnished lodging property with direct beach access and a walkable coastal setting.

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Class A Medical Office Space
Class A Medical Office Space

1002 N Arnold Rd, Panama City Beach, FL 32413

Contact for pricing
6,000 sqft 88.65 AC lot

Newly constructed clinical space offers customizable layouts within an established healthcare campus with on-site patient amenities.

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Commercial Land with Median Access
Commercial Land with Median Access

22000 Panama City Beach Parkway, Panama City Beach, FL 32413

$2,450,000
2.02 AC lot

Commercially zoned site with direct access from a median cut and nearby retail, golf, and residential destinations.

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Commercial Land Development Parcel
Commercial Land Development Parcel

20901 Panama City Beach Parkway, Panama City Beach, FL 32413

$3,000,000
4 sqft

PUD-zoned commercial land near established residential communities and planned development.

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Commercial Land Near Beach Access
Commercial Land Near Beach Access

Hinson Avenue, Panama City Beach, FL 32407

$395,000
0.85 AC lot

Commercially zoned land with convenient connections to beaches, attractions, and major thoroughfares.

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Waterfront Development Land
Waterfront Development Land

Plum Circle, Panama City Beach, FL 32413

$165,000
1.17 AC lot

Over 1.17 acres with approximately 300 feet of waterfront frontage and bay access.

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Flex Office Warehouse with Lay-Down Yard
Flex Office Warehouse with Lay-Down Yard

17687 Ashley Dr, Panama City Beach, FL 32413

$4,950,000
31,220 sqft 3.90 AC lot

Office, warehouse, and an approximate 1.9-acre lay-down yard on a 3.9-acre flex industrial site with direct heavy-equipment access.

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Commercial Land Near Hutchison Boulevard
Commercial Land Near Hutchison Boulevard

Hutchison Boulevard, Panama City Beach, FL 32407

$900,000
0.92 AC lot

Two adjoining parcels with commercial zoning, nearby utilities, and access from Hutchison Boulevard.

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7-Bedroom Motel Property
7-Bedroom Motel Property

604 Fernwood St, Panama City Beach, FL 32407

$650,000
2,556 sqft

Former hospitality property with flexible room configuration near major beach-area roads, shopping, dining, attractions, and entertainment.

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Waterfront Land with Gulf Views
Waterfront Land with Gulf Views

16544 Front Beach Road, Panama City Beach, FL 32413

$749,900
0.20 AC lot

Elevated coastal parcel with lake views, public sewer, and the beach across Front Beach Road.

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Restaurant Unit with Two Entrances
Restaurant Unit with Two Entrances

R-8-9860 S Thomas Dr, Panama City Beach, FL 32408

$843,885
2,679 sqft

Commercial unit at Laketown Wharf with two entrances and plenty of on-site parking, currently operated as a breakfast restaurant.

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Commercial Land Near Margaritaville
Commercial Land Near Margaritaville

9534 Highway 79 Street, Panama City Beach, FL 32413

$1,399,000
1.01 AC lot

A commercial development site along Highway 79, positioned across from Margaritaville and near planned residential and hotel projects.

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Retail Property on High-Traffic Highway
Retail Property on High-Traffic Highway

8406 Panama City Beach Pkwy, Panama City Beach, FL 32407

$3,985,000
12,622 sqft

Retail property with high visibility and income-generating potential.

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Commercial Land Near Sports Park
Commercial Land Near Sports Park

7102 Front Beach Road, Panama City Beach, FL 32407

$795,000
0.78 AC lot

Commercial land positioned near established residential communities, schools, and a multi-field sports complex.

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Panama City Beach, FL Commercial Real Estate Market Trends and Statistics

Explore 130 commercial real estate for sale in Panama City Beach, FL, showcased through 130 active listings on our real estate platform. These investment opportunities span a total of 2,328,505 square feet of properties for sale, with an estimated market value of $244,538,186.

Sale prices for business properties in Panama City Beach, FL start at $78,900, averaging $2,421,170, and reaching up to $19,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 71K
Population Growth (5Y) +2,055.8%
Median Household Income $72,438
College Educated 42.8%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
Panama City - 32408 $1.9M
Panama City Beach - 32407 $2.2M

Taxes & Financing

Tax Rate (average for all types) 1.13%
Property Tax per SF $14.55 per SF
Tax Rate vs County Average 0.16 pp below 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 Beach fall within the 25,000 to 50,000 square foot range.

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