Conventional Restaurant

Panama City Beach, FL Conventional Restaurants for Sale

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Panama City, FL Mexico Beach, FL Port St Joe, FL Callaway, FL Wewahitchka, FL Overstreet, FL Rosemary Beach, FL
Single-Tenant Restaurant Hard Corner
Updated: Jul 9
Single-Tenant Restaurant Hard Corner

134 Alf Coleman Road, Panama City Beach, FL 32407

$1,959,000
Year built 2007.
Tenant has 5.5+ years remaining on the initial lease with three (5‑year) extension options.
Lease includes scheduled 8% rental increases every 5 years and at the beginning of each option.
Tenant pays CAM, taxes, and insurance and maintains all aspects of the premises; no landlord responsibilities listed.
Signalized hard‑corner restaurant at the intersection of US‑30A and Alf Coleman Rd with combined average 58,300 VPD.
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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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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 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.

Retail Building on Highway Frontage
Retail Building on Highway Frontage

3612 Washington St, Chipley, FL 32428

$800,000
3,700 sqft

Commercial property with a 3,700-square-foot building and about 175 feet of Highway 77 frontage.

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Established Restaurant with Multiple Income
Established Restaurant with Multiple Income

5163 Highway 77, Chipley, FL 32428

$350,000
2,682 sqft 1.03 AC lot

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

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Commercial
Commercial

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

$305,865
1,001 sqft

Conventional restaurants · 1,001 SF

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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 1.15 AC lot

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

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Panama City Beach, FL Conventional Restaurants Market Trends and Statistics

Explore 2 conventional restaurants for sale in Panama City Beach, FL 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 $1,875,000.

Sale prices for conventional restaurants in Panama City Beach, FL start at $1,875,000, averaging $1,875,000, 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 3
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 $2.2M
Panama City Beach $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

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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