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    Panama City, FL Conventional Restaurants for Sale

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    Rosemary Beach, FL Panama City Beach, FL Southport, FL
    Prime Commercial Panama City Location
    $1,490,000
    1.15 Acres

    Prime Commercial Panama City Location

    2209 Thomas Dr, Panama City, FL 32408

    Office, retail, or restaurant opportunity in Panama City Beach.

    • Prime commercial location in Panama City Beach, FL with excellent visibility and easy access.
    • Ample parking for customers and employees.
    • Generous square footage with open areas and reconfigurable private offices/rooms.
    • Adaptable floor plan suitable for office, restaurant, or retail use.
    • Features a welcoming lobby and secure areas from its former bank design.
    Updated: Jan 20
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    Prime Retail/Restaurant Space For Sale
    $769,900
    3,500 SF

    Prime Retail/Restaurant Space For Sale

    571 Harrison Avenue, Panama City, FL 32401

    3500 SF retail/restaurant space on a busy downtown corner.

    • 3500 sq ft retail/restaurant space on the corner of Harrison and 6th Streets in downtown.
    • Full kitchen with commercial vent hood and walk‑in cooler included.
    • Prime Opportunity Zone property.
    • Brick building with 8 murals by local artists.
    • Extra storage space with alley access for freight receiving.
    Updated: Oct 24, 2025
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    Turn-Key Restaurant Opportunity
    $2,500,000
    6,280 SF

    Turn-Key Restaurant Opportunity

    Restaurant property for sale in rapidly growing Panama City.

    1031 W 15th, Panama City, FL 32401
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    Commercial
    $305,865
    1,001 SF

    Commercial

    Conventional restaurants · 1,001 SF

    9860 S Thomas Drive #R-11, Panama City, FL 32408
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    Versatile Commercial Building For Sale
    $1,490,000
    2,430 SF

    Versatile Commercial Building For Sale

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

    2209 Thomas Drive, Panama City, FL 32408
    View details
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 5 Active listings in Panama City, 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.

    Turn-Key Restaurant Opportunity
    $160,000
    3,446 SF

    Turn-Key Restaurant Opportunity

    Restaurant space in historic downtown Blountstown with equipment included.

    20737 Hwy 20, Blountstown, FL 32424
    View details
    Retail/Office Building on Thomas Drive
    $2,200,000
    7,487 SF

    Retail/Office Building on Thomas Drive

    Class A building with two units and ample parking.

    1114-1120 Thomas Drive, Panama City Beach, FL 32408
    View details
    Panama City Beach Landmark Restaurant
    $1,875,000
    9,113 SF

    Panama City Beach Landmark Restaurant

    1.75 acre Panama City Beach restaurant with commercial zoning.

    7724 Front Beach Road, Panama City Beach, FL 32407
    View details
    Restaurant Opportunity in Blountstown
    $175,000
    3,446 SF

    Restaurant Opportunity in Blountstown

    Turn-key restaurant property on State Road Hwy 20.

    Blountstown, FL 32424
    View details

    Panama City, FL Conventional Restaurants Investment Opportunities Market Analysis

    Explore 5 conventional restaurants for sale in Panama City, FL, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 13,211 square feet of properties for sale, with an estimated market value of $5,075,765.

    Sale prices for conventional restaurants in Panama City, FL start at $305,865, averaging $1,268,941, and reaching up to $2,500,000 — 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

    Conventional restaurants 5
    Bars & Pubs 4
    Coffee shops 4
    Drive through restaurants 2
    Breakfast & diners 1

    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
    32408 $1.1M
    32401 $1.6M

    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%

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