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Panama City, FL Drive Through Restaurants for Sale

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Watersound, FL Panama City Beach, FL Southport, FL Lynn Haven, FL Callaway, FL Youngstown, FL
Absolute NNN Drive-Through Coffee Property
Updated: Dec 5, 2025
Absolute NNN Drive-Through Coffee Property

2399 Martin Luther King Jr Blvd, Panama City, FL 32405

Contact for pricing
950 sqft
950‑square‑foot drive‑through coffee property
Brand‑new 15‑year absolute NNN lease
Dutch Bros identified as the incoming operator
Opening scheduled for November 2025
Lease includes 10% bumps
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Starbucks NNN Property with Drive-Thru
Updated: Sep 9
Starbucks NNN Property with Drive-Thru

4850 Lindsey Xing, Panama City, FL 32404

Contact for pricing
0.94 AC lot
Starbucks single‑tenant property with a 10‑year net lease
2025 construction on a 0.94‑acre parcel
Dedicated drive‑thru lane
Signalized intersection of Lindsey Xing and U.S. Route 231
U.S. Route 231 records 34,000 AADT
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See hot listings in Panama City

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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Based on your search, we've compiled 62 Potential Opportunities for your consideration. Besides 2 Active listings in Panama City, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 55 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Prime Commercial Building For Sale
Prime Commercial Building For Sale

50 Eglin Pkwy, Fort Walton Beach, FL 32548

$1,300,000
2,776 sqft 0.68 AC lot

2,776 SF building on 0.68 acres near Gulf.

View details
Turn-Key Restaurant Opportunity
Turn-Key Restaurant Opportunity

1296 N Ferdon Blvd, Crestview, FL 32536

$1,700,000
4.48 AC lot

Restaurant property with drive-thru, development potential in growing area.

View details
7 Brew Retail Space with Ground Lease
7 Brew Retail Space with Ground Lease

799 Beal Pkwy N, Fort Walton Beach, FL 32547

$1,704,347

Brand-new construction is offered under an absolute NNN ground lease.

View details
Drive-Through Restaurant Property
Drive-Through Restaurant Property

1296 N Ferdon Boulevard, Crestview, FL 32536

$2,000,000
4.48 AC lot

The existing restaurant includes a drive-through window and is leased to Taskforce Pizza.

View details

Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Highway Commercial Land
Highway Commercial Land

Highway 231, Panama City, FL 32404

$199,000
1.35 AC lot

C-3 zoning supports retail, office, hospitality, and service uses.

View details

Off-Market Properties in Panama City, FL

Consider similar Off-Market properties in Panama City, FL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

3407 Hwy 98
DRIVE-THRU RESTAURANT, FAST FOOD

3407 Hwy 98, Panama City, FL 32401-1257

Estimated value:
$900,000
7,525 sqft 1.61 AC lot
View details
2399 Martin Luther King Jr Blvd
DRIVE-THRU RESTAURANT, FAST FOOD

2399 Martin Luther King Jr Blvd, Panama City, FL 32405

Estimated value:
$1,220,000
3,461 sqft 0.70 AC lot
View details
465 23rd St
DRIVE-THRU RESTAURANT, FAST FOOD

465 23rd St, Panama City, FL 32405-4507

Estimated value:
$315,000
2,434 sqft 0.77 AC lot
View details
1020 23rd St
DRIVE-THRU RESTAURANT, FAST FOOD

1020 23rd St, Panama City, FL 32405-5329

Estimated value:
$1,620,000
3,246 sqft 1.35 AC lot
View details
3439 Hwy 77
DRIVE-THRU RESTAURANT, FAST FOOD

3439 Hwy 77, Panama City, FL 32405-5009

Estimated value:
$915,000
2,806 sqft 0.85 AC lot
View details
1111 15th St
DRIVE-THRU RESTAURANT, FAST FOOD

1111 15th St, Panama City, FL 32401-2081

Estimated value:
$640,000
1,336 sqft 0.37 AC lot
View details
518 Tyndall Pkwy
DRIVE-THRU RESTAURANT, FAST FOOD

518 Tyndall Pkwy, Panama City, FL 32404-6127

Estimated value:
$340,000
3,443 sqft 2.09 AC lot
View details
131 23rd St
DRIVE-THRU RESTAURANT, FAST FOOD

131 23rd St, Panama City, FL 32405-4504

Estimated value:
$300,000
2,177 sqft 0.59 AC lot
View details
1200 23rd St
DRIVE-THRU RESTAURANT, FAST FOOD

1200 23rd St, Panama City, FL 32405-3609

Estimated value:
$1,110,000
2,620 sqft 0.57 AC lot
View details
2263 Martin Luther King Jr Blvd
DRIVE-THRU RESTAURANT, FAST FOOD

2263 Martin Luther King Jr Blvd, Panama City, FL 32405-5320

Estimated value:
$1,540,000
5,152 sqft 1.11 AC lot
View details
226 23rd St
DRIVE-THRU RESTAURANT, FAST FOOD

226 23rd St, Panama City, FL 32405-4505

Estimated value:
$485,000
2,335 sqft 0.68 AC lot
View details
300 23rd St
DRIVE-THRU RESTAURANT, FAST FOOD

300 23rd St, Panama City, FL 32405-4506

Estimated value:
$3,015,000
2,978 sqft 0.90 AC lot
View details
141 Tyndall Pkwy
DRIVE-THRU RESTAURANT, FAST FOOD

141 Tyndall Pkwy, Panama City, FL 32404-6722

Estimated value:
$320,000
3,487 sqft 0.64 AC lot
View details
908 23rd St
DRIVE-THRU RESTAURANT, FAST FOOD

908 23rd St, Panama City, FL 32405-5328

Estimated value:
$250,000
4,168 sqft 0.94 AC lot
View details
2275 Martin Luther King Jr Blvd
DRIVE-THRU RESTAURANT, FAST FOOD

2275 Martin Luther King Jr Blvd, Panama City, FL 32405-5320

Estimated value:
$460,000
6,784 sqft 0.91 AC lot
View details
4129 Cherry St
DRIVE-THRU RESTAURANT, FAST FOOD

4129 Cherry St, Panama City, FL 32404-6662

Estimated value:
$240,000
2,880 sqft 0.56 AC lot
View details
2808 23rd St
DRIVE-THRU RESTAURANT, FAST FOOD

2808 23rd St, Panama City, FL 32405-2353

Estimated value:
$215,000
1,950 sqft 0.32 AC lot
View details
720 Tyndall Pkwy
DRIVE-THRU RESTAURANT, FAST FOOD

720 Tyndall Pkwy, Panama City, FL 32404-3218

Estimated value:
$390,000
3,972 sqft 0.99 AC lot
View details
499 Bch Dr
DRIVE-THRU RESTAURANT, FAST FOOD

499 Bch Dr, Panama City, FL 32401-2717

Estimated value:
$270,000
1,581 sqft 0.35 AC lot
View details
4239 Hwy 231
DRIVE-THRU RESTAURANT, FAST FOOD

4239 Hwy 231, Panama City, FL 32404-9749

Estimated value:
$295,000
5,546 sqft 1.30 AC lot
View details
3706 Hwy 98
DRIVE-THRU RESTAURANT, FAST FOOD

3706 Hwy 98, Panama City, FL 32401-1163

Estimated value:
$285,000
1,788 sqft 1.20 AC lot
View details
5805 Hwy 231
DRIVE-THRU RESTAURANT, FAST FOOD

5805 Hwy 231, Panama City, FL 32404-9162

Estimated value:
$250,000
1,513 sqft 0.80 AC lot
View details

Panama City, FL Drive Through Restaurants Market Trends and Statistics

Explore 57 drive through restaurants for sale in Panama City, FL on our real estate platform. These investment opportunities span a total of 950 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Bars & Pubs 8
Conventional restaurants 8
Drive through restaurants 5
Coffee shops 4
Breakfast & diners 1

Demographics Overview

Population 154K
Population Growth (5Y) +1,132.7%
Median Household Income $71,237
College Educated 29.8%

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)

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