Advertise
    Panama City, FL

    Panama City, FL Commercial Real Estate for Sale

    Notify Me
    List
    Map
    Watersound, FL Panama City Beach, FL Southport, FL Lynn Haven, FL Callaway, FL Youngstown, FL
    331 properties
    Sort:
    Flex Space with Showroom
    Updated: May 22
    Flex Space with Showroom

    1331 Harrison Avenue, Panama City, FL 32401

    $2,500,000
    11,171 sqft 0.66 AC lot
    11,171 SF flex property completed in 2021
    7,134 SF warehouse with ceiling heights approaching 21 feet
    1,391 SF mezzanine for additional storage or workspace
    1,153 SF finished showroom with acoustic ceilings and LED pendant lighting
    600‑amp, 240/120V, 3‑phase electrical service with roughly 70% spare capacity
    View details
    Rooftop Restaurant Space
    Updated: Aug 18
    Rooftop Restaurant Space

    436 Harrison Avenue, Panama City, FL 32401

    $1,100,000
    26,400 sqft 0.15 AC lot
    Approximately 6,000 square feet of rooftop space
    Two staircases and one elevator provide rooftop access
    Poured‑concrete construction from foundation through roof
    Additional steel reinforcement has been added to the structure
    Major restaurant, bar, and residential‑use utilities are stubbed to the roof
    View details
    Multi-Building Office Property
    Multi-Building Office Property

    2901 W 17th Street, Panama City, FL 32405

    $1,375,000
    9,050 sqft 0.92 AC lot

    Three-building office property with private offices, conference rooms, gated yard, and detached support space.

    View details
    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.

    Cap Rate available after sign in
    NOI available after sign in
    Local Demand available after sign in
    Flex Space with Office Areas
    Flex Space with Office Areas

    1509 Hickory Ave, Panama City, FL 32405

    $799,000
    4,300 sqft

    Warehouse and office components support manufacturing, business operations, or separate office occupancy.

    View details
    Specialty Property Ready for Renovation
    Specialty Property Ready for Renovation

    540 Harrison Avenue, Panama City, FL 32401

    $1,000,000
    6,327 sqft 0.14 AC lot

    Gutted interior and 2024 re-roof provide a starting point for redevelopment.

    View details
    Office Building with Flexible Layout
    Office Building with Flexible Layout

    2356 Frankford Avenue, Panama City, FL 32405

    $499,000
    1,875 sqft 1.03 AC lot

    Converted office property with private rooms, collaborative areas, a garage, and MU-3 zoning on a corner parcel.

    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Historic School Property
    Historic School Property

    3001 W 15th Street, Panama City, FL 32401

    $2,900,000
    23,370 sqft 3.80 AC lot

    1926-built institutional property with multiple buildings, updated roofing, and flexible reuse potential subject to approval.

    View details
    Renovation-Ready Storefront Building
    Renovation-Ready Storefront Building

    540 Harrison Ave, Panama City, FL 32401

    $1,000,000
    6,327 sqft

    Gutted commercial interior offers a renovation-ready storefront with a 2024 re-roof.

    View details
    Flex Building with Office Space
    Flex Building with Office Space

    1509 Hickory Avenue, Panama City, FL 32405

    $799,000
    4,300 sqft 0.21 AC lot

    Versatile commercial building with warehouse, office, manufacturing, and potential multi-occupant functionality.

    View details
    Auto Shop With Rental Units
    Auto Shop With Rental Units

    2206 W 15th Street, Panama City, FL 32401

    $2,499,000
    9,425 sqft 0.80 AC lot

    Three-unit commercial property combines an operating repair facility, leased spaces, and a fenced outdoor area.

    View details
    Elevated Rooftop Restaurant Space
    Elevated Rooftop Restaurant Space

    400-436 Harrison Ave, Panama City, FL 32401

    $1,100,000
    6,000 sqft

    Poured-concrete construction, vertical access, and rooftop utility connections support a distinctive downtown dining concept.

    View details
    Commercial Land with Highway Frontage
    Commercial Land with Highway Frontage

    3706 W Highway 390, Panama City, FL 32405

    $2,695,000
    3,097 sqft 2.51 AC lot

    General Commercial zoning and rear access from Florida Avenue define this two-parcel site's development framework.

    View details
    Remodeled Mixed-Use Property
    Remodeled Mixed-Use Property

    5045 E Highway 98, Panama City, FL 32404

    $525,000
    1,800 sqft 0.28 AC lot

    Flexible mixed-use setting with updated interiors, covered porches, and a fenced outdoor area.

    View details
    Rooftop Restaurant Development Opportunity
    Rooftop Restaurant Development Opportunity

    436 Harrison Ave Unit 400, Panama City, FL 32401

    $1,100,000
    26,400 sqft

    Elevated commercial space with utility connections and access via two staircases and an elevator.

    View details
    Historic Office Building with Suites
    Historic Office Building with Suites

    854 Magnolia Avenue, Panama City, FL 32401

    $650,000
    1,708 sqft 0.64 AC lot

    Remodeled commercial property with multiple entrances, private suite access, and flexible mixed-use zoning for office operations.

    View details
    Six-Unit Beachfront Bed and Breakfast
    Six-Unit Beachfront Bed and Breakfast

    8524 Surf Drive, Panama City, FL 32408

    $2,900,000
    4,740 sqft 0.50 AC lot

    Furnished lodging property with convenient beach access and high-intensity zoning supporting multiple development concepts.

    View details
    Multi-Building Warehouse Property
    Multi-Building Warehouse Property

    2515 E 15th St, Panama City, FL 32405

    $1,825,000
    7,548 sqft 4.50 AC lot

    C3-A zoning supports warehouse, retail, transportation, and other commercial uses, subject to applicable restrictions.

    View details
    Veterinary Medical Center
    Veterinary Medical Center

    247 N Highway 22 A, Panama City, FL 32404

    $349,900
    2,768 sqft 0.45 AC lot

    Brick commercial facility with reception, exam, surgical, imaging, kennel, and grooming areas.

    View details
    Corner Flex Space with Workshops
    Corner Flex Space with Workshops

    2135 E 3rd St, Panama City, FL 32401

    $1,150,000
    54,886 sqft 1.26 AC lot

    Fenced mixed-use property with separate production and welding areas.

    View details
    Auto Shop with Service Bays
    Auto Shop with Service Bays

    1900 N East Avenue, Panama City, FL 32405

    $575,000
    3,375 sqft 0.31 AC lot

    Functional facility includes service bays, equipment space, customer service area, and an administrative office.

    View details
    Multi-Building Office and Flex Property
    Multi-Building Office and Flex Property

    2901 W 17th St, Panama City, FL 32405

    $1,375,000
    9,050 sqft

    Three-building commercial property offers heated and cooled space with offices, conference rooms, and adaptable workspace plus on-site parking.

    View details
    Mixed-Use Property with Industrial Building
    Mixed-Use Property with Industrial Building

    922 N East Avenue, Panama City, FL 32401

    $435,000
    2,337 sqft 1.00 AC lot

    General Commercial 1 zoning and multiple existing structures support flexible commercial use.

    View details
    Retail Building with Outdoor Bar
    Retail Building with Outdoor Bar

    1000 Beck Avenue, Panama City, FL 32401

    $3,195,000
    7,618 sqft

    Multi-unit retail building built in 1907 and renovated in 2021 with courtyard patio and outdoor bar space.

    View details
    Mobile Home Park Development Site
    Mobile Home Park Development Site

    333 N Star Avenue, Panama City, FL 32404

    $600,000
    3,268 sqft 2.61 AC lot

    Two 2024 Fleetwood homes accompany a cleared residential tract with well, septic, and power improvements.

    View details

    Panama City, FL Commercial Real Estate Market Trends and Statistics

    Explore 331 commercial real estate for sale in Panama City, FL, showcased through 331 active listings on our real estate platform. These investment opportunities span a total of 6,648,325 square feet of properties for sale, with an estimated market value of $389,556,738.

    Sale prices for business properties in Panama City, FL start at $30,475, averaging $1,401,283, and reaching up to $21,000,000 — 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

    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
    Panama City - 32401 $1.3M
    Rosemary Beach - 32461 $3M
    Panama City Beach - 32413 $3.8M
    Tallahassee - 32305 $4M

    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 50,000 to 100,000 square foot range.

    Need Help?

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

    Contact Us

    Browse Commercial real estate for Sale Near Panama City, FL

    Popular Searches in Panama City, FL

    Popular Categories

    Most Searched ZIP Codes in Panama City, FL

    • 32404
    • 32405
    • 32401
    • 32408
    • 32409
    • 32413
    • 32305
    • 32407
    • 32461

    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

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!