Conventional Restaurant

Panama City Beach, FL Conventional Restaurants for Sale

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Panama City, FL Callaway, FL Port St Joe, FL Mexico Beach, FL Wewahitchka, FL Overstreet, FL
Panama City Beach Landmark Restaurant
Updated: Dec 8, 2024
Panama City Beach Landmark Restaurant

7724 Front Beach Road, Panama City Beach, FL 32407

$1,875,000
9,113 sqft 1.75 AC lot
Prime 1.75‑acre location on the East end of Panama City Beach.
C‑3 General Commercial zoning with 15 units/acre density and building height up to 230'.
High traffic count of 25,200 vehicles daily.
Approximately 300' of frontage on Front Beach Rd and 250' on Thomas Dr/Bay Point exit lane of Hwy 98.
Existing 9,000 SF building with a seating capacity of 299.
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Restaurant Retail Unit with Dual Entrances
Updated: Sep 23, 2025
Restaurant Retail Unit with Dual Entrances

R-11-9860 S Thomas Dr, Panama City Beach, FL 32408

$305,865
Retail unit operating as a restaurant at Laketown Wharf
Two entrances—one facing Thomas Drive and one facing the lake
Unit faces Thomas Drive and is positioned at a busy intersection in Panama City Beach
On‑site parking available
Owner financing available
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Gulf-Front Waterfront Land
Gulf-Front Waterfront Land

12709 Front Beach Road, Panama City Beach, FL 32407

Contact for pricing

Commercial High-Intensity zoning and existing restaurant structures support a substantial coastal development site.

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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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Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Panama City Beach, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Equipped Highway Restaurant
Equipped Highway Restaurant

5163 Highway 77, Chipley, FL 32428

$350,000
2,682 sqft 1.03 AC lot

Freestanding restaurant with commercial kitchen equipment, customer seating, convenience retail, and supplemental operating uses.

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Versatile Commercial Building For Sale
Versatile Commercial Building For Sale

2209 Thomas Drive, Panama City, FL 32408

$1,490,000
2,430 sqft

Former bank building suitable for office, restaurant, or retail.

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Established Restaurant with Multiple Income
Established Restaurant with Multiple Income

5163 Highway 77, Chipley, FL 32428

Contact for pricing
2,682 sqft

Family-owned restaurant with diverse income streams on Highway 77.

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Commercial Sale
Commercial Sale

9860 S Thomas Drive R-11, Panama City, FL 32408

$305,865
1,001 sqft

Conventional restaurants · 1,001 SF

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Panama City Beach, FL Conventional Restaurants Market Trends and Statistics

Explore 3 conventional restaurants for sale in Panama City Beach, FL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 9,113 square feet of properties for sale, with an estimated market value of $2,180,865.

Sale prices for conventional restaurants in Panama City Beach, FL start at $305,865, averaging $1,090,432, and reaching up to $1,875,000 — 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

Conventional restaurants 5
Bars & Pubs 2
Breakfast & diners 1
Turn key restaurants 1

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 $305.9K
Panama City Beach - 32407 $1.9M

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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