Panama City, FL Flex Space for Sale

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12 properties

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Updated: May 22

Industrial 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 with warehouse, showroom, office, and mezzanine areas
7,134 SF warehouse with ceilings approaching 21 feet
1,391 SF mezzanine for storage or workspace expansion
1,153 SF finished showroom with LED pendant lighting
600‑amp, 240/120V 3‑phase electrical service with roughly 70% spare capacity

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Updated: Apr 18

Three-Building Flex Office Property

2901 W 17th Street, Panama City, FL 32405

$1,375,000

9,050 sqft 0.92 AC lot

Over 9,000 sq ft of heated and cooled space across three buildings
Three‑building setup allows for multiple divisions or potential rental income
Multiple private offices, conference rooms, and adaptable workspace
Abundant on‑site parking plus a gated storage yard
Detached outbuilding for storage, workshop, or support operations

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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.

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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.

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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.

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Office Building with Detached Shop

1219 Transmitter Road, Panama City, FL 32401

$849,000

4,162 sqft 1.49 AC lot

Configured for office and contractor operations with reception, conference, kitchen, and shop improvements.

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Commercial Land with Buildings

922 N East Avenue, Panama City, FL 32401

$435,000

2,337 sqft 1.00 AC lot

General Commercial 1 zoning with multiple existing structures, including a residence and a metal commercial building.

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Versatile Commercial Property in Panama City

1331 Harrison Avenue, Panama City, FL 32401

$2,500,000

11,171 sqft 0.55 AC lot

Showroom, warehouse, and office space suitable for various business operations.

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High-Spec Flex Industrial Complex

2532 Joan Avenue, Panama City, FL 32408

$2,500,000

9,000 sqft 1.00 AC lot

9,000 SF flex industrial complex with vertical expansion potential.

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Industrial Flex Warehouse with Yard

1117 Saint Andrews Blvd, Panama City, FL 32405

Contact for pricing

7,200 sqft

7,200 SF flex warehouse includes offices, showrooms, restrooms, a kitchenette, and a large yard with ample parking.

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Industrial Property Near Panama City Port

6513 Bay Line Dr, Panama City, FL 32404

Contact for pricing

33,000 sqft

33,000 SF industrial property with easy highway access.

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Multi-Tenant Flex Portfolio

2003 N East Avenue, Panama City, FL 32405

Contact for pricing

Three renovated flex buildings provide leased office and retail space plus a warehouse building with vacant and A/C’d units.

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Based on your search, we've compiled 17 Potential Opportunities for your consideration. Besides 12 Active listings in Panama City, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

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

Flex Space with Office and Warehouse

1119 Florida Avenue, Lynn Haven, FL 32444

$825,000

6,419 sqft 0.34 AC lot

Combined office and warehouse configuration with an open office area and kitchen.

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High-Visibility Commercial Property For Sale

7811 Panama City Beach Parkway, Panama City Beach, FL 32407

$1,995,000

6,392 sqft 0.67 AC lot

6,392 SF commercial building on Panama City Beach Parkway.

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Commercial Site with Storage

7413 Front Beach Road, Panama City Beach, FL 32407

$750,000

1.13 AC lot

A 1.13-acre commercial site currently used for boat and RV storage near the Hathaway Bridge.

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Flex Space with Loading Doors

215 Business Park Drive, Lynn Haven, FL 32444

Contact for pricing

Heated and cooled commercial space with front office, mezzanine, upstairs studio apartment, and covered rear area.

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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.

Flex space

3416 Us-98, Panama City, FL 32401

Value Estimation by Request

7,000 sqft 1.40 AC lot

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Panama City, FL Flex Space Market Trends and Statistics

Explore 13 flex space for sale in Panama City, FL, showcased through 12 active listings on our real estate platform. These investment opportunities span a total of 98,028 square feet of properties for sale, with an estimated market value of $12,192,000.

Sale prices for business spaces in Panama City, FL start at $435,000, averaging $1,354,666, 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

Commercial property segments ranked by active listings on the market

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
32405	$991K
32401	$1.6M
32408	$2.5M

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.

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