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    Panama City, FL
    Health Care

    Panama City, FL Healthcare Properties for Sale

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    Rosemary Beach, FL Panama City Beach, FL Southport, FL Lynn Haven, FL Callaway, FL Youngstown, FL Marianna, FL Wewahitchka, FL
    6 properties
    Multi-Use Office Building with Suites
    Updated: Mar 26
    Multi-Use Office Building with Suites

    722 N Cove Blvd, Panama City, FL 32401

    $650,000
    3,000 sqft 0.27 AC lot
    Listing includes both properties: 722 Martin Luther King and 722 1/2 MLK
    Over 3,000 sq. ft. commercial building on a 0.27‑acre lot
    10 bedrooms and 8 bathrooms across the property’s flexible layout
    Minutes from Downtown, the hospital, and major shopping centers
    Layout supports private offices, client suites, or guest accommodations for office, medical, hospitality, or mixed‑use use
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    This listing looks promising.

    Here's a quick look at some key insights for

    722 N Cove Blvd, Panama City, FL

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    • Est. Cap Rate

      6.3%
      Above avg (5.9%)

    • Est. NOI

      $41K
      Annual

    • Price @ 7% Cap

      $580K
      Suggested

    • Property Type

      Single Family Residence
      Built 1998
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    Veterinary Clinic Facility
    Updated: Jun 30
    Veterinary Clinic Facility

    247 N Highway 22 A, Panama City, FL 32404

    $349,900
    2,768 sqft 0.45 AC lot
    Brick commercial building built in 1974 with shingle roof
    Established veterinary clinic served the community for over 40 years
    Facility includes reception and waiting area plus four exam rooms
    Includes surgery room, X‑ray room, and kennel area
    Additional space: private office, grooming space, and support rooms
    View details
    Turnkey Office Building with Private Rooms
    Turnkey Office Building with Private Rooms

    316 W 11th Street, Panama City, FL 32401

    $385,000
    1,674 sqft 0.34 AC lot

    Move-in-ready office building features a lobby with reception area, seven private rooms, kitchenette, and three bathrooms.

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    Assisted Living/Healthcare Building
    Assisted Living/Healthcare Building

    722 N Martin Luther King Junior Boulevard, Panama City, FL 32401

    $650,000
    3,100 sqft 0.27 AC lot

    Commercial building with 10 bedrooms and 8 bathrooms on a 0.27-acre lot.

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    Medical Office Building Panama City
    Medical Office Building Panama City

    2636 Jenks Avenue, Panama City, FL 32405

    $700,000

    Updated medical office in Panama City's medical district.

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    2507 Harrison Ave Suite 200
    2507 Harrison Ave Suite 200

    2507 Harrison Ave Suite 200 | Panama City, FL 32405, Panama City, FL 32405

    $825,000
    3,500 sqft

    +/-3500sf medical office space

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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 6 Active listings in Panama City, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 66 Off-Market properties to explore as potential leads, plus 4 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.

    Established Assisted Living Facility
    Established Assisted Living Facility

    1002 N Wiley Ave, Donalsonville, GA 39845

    $1,100,000
    7,200 sqft 1.55 AC lot

    Turnkey assisted living facility on 1.55 acres in Donalsonville, GA.

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    Medical Office Building with Equipment
    Medical Office Building with Equipment

    800 N Tennille, Donalsonville, GA 39845

    $299,000
    0.40 AC lot

    Turnkey medical office building near the hospital, previously a dental practice with furniture and equipment that can be removed.

    View details
    Former School Campus Opportunity
    Former School Campus Opportunity

    91 Old Mt Pleasant Road, Quincy, FL 32352

    $1,000,000
    44,000 sqft 16.77 AC lot

    16-acre campus with existing infrastructure near Tallahassee, Florida.

    View details
    Funeral Home with Prepaid Arrangements
    Funeral Home with Prepaid Arrangements

    211 E JEFFERSON Street, Quincy, FL 32351

    $450,000
    6,700 sqft

    Independent funeral home with potential for B&B or nursing home.

    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.

    Light Industrial Land Parcel
    Light Industrial Land Parcel

    6039 Fairlands Road, Milton, FL 32583

    $1,200,000
    18.22 AC lot

    18.22-acre industrial-zoned parcel suited for light industrial, distribution, or flexible site planning.

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    Pensacola Land with Development Potential
    Pensacola Land with Development Potential

    6013 Hilburn Rd, Pensacola, FL 32504

    $279,000
    2.41 AC lot

    2.41 acres suitable for high-density residential and commercial development.

    View details
    Walnut Hill Land Opportunity
    Walnut Hill Land Opportunity

    10200 BLK Hwy 97, Walnut Hill, FL 32568

    $123,500
    4.45 AC lot

    4.45 acres suitable for residential or commercial development.

    View details
    Columbus Land Parcel For Sale
    Columbus Land Parcel For Sale

    708 23rd Street |, Columbus, GA 31901

    $35,000
    0.42 AC lot

    Land parcel available in Columbus, Georgia, zoned RO.

    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.

    521 Bch Dr
    HOMES (RETIRED, NURSING)

    521 Bch Dr, Panama City, FL 32401-3247

    Value Estimation by Request
    6,106 sqft 0.43 AC lot
    View details
    528 Baldwin Rd
    MEDICAL BUILDING

    528 Baldwin Rd, Panama City, FL 32405-3313

    $875,000
    Estimated value
    8,046 sqft 2.78 AC lot
    View details
    200 Star Ave
    MEDICAL BUILDING

    200 Star Ave, Panama City, FL 32404-7615

    Value Estimation by Request
    4,535 sqft 0.86 AC lot
    View details
    1010 11th St
    MEDICAL BUILDING

    1010 11th St, Panama City, FL 32401-2042

    Value Estimation by Request
    2,725 sqft 0.31 AC lot
    View details
    619 Cv Blvd
    MEDICAL BUILDING

    619 Cv Blvd, Panama City, FL 32401-3642

    $1,195,000
    Estimated value
    7,661 sqft 0.44 AC lot
    View details
    2101 Jenks Ave
    MEDICAL BUILDING

    2101 Jenks Ave, Panama City, FL 32405-4511

    $1,360,000
    Estimated value
    5,801 sqft 0.47 AC lot
    View details
    2636 Jenks Ave
    MEDICAL BUILDING

    2636 Jenks Ave, Panama City, FL 32405-4387

    Value Estimation by Request
    2,725 sqft 0.39 AC lot
    View details
    2567 Huntcliff Ln
    MEDICAL BUILDING

    2567 Huntcliff Ln, Panama City, FL 32405-4902

    Value Estimation by Request
    1,920 sqft 0.27 AC lot
    View details
    600 Cv Blvd
    MEDICAL BUILDING

    600 Cv Blvd, Panama City, FL 32401-3628

    Value Estimation by Request
    5,147 sqft 0.24 AC lot
    View details
    1007 Jenks Ave
    MEDICAL BUILDING

    1007 Jenks Ave, Panama City, FL 32401-2474

    $515,000
    Estimated value
    2,660 sqft 0.40 AC lot
    View details
    2309 Saint Andrews Blvd, Unit B
    MEDICAL BUILDING

    2309 Saint Andrews Blvd, Panama City, FL 32405-2171

    Unit B
    Value Estimation by Request
    4,349 sqft 0.56 AC lot
    View details
    516 Macarthur Ave
    MEDICAL BUILDING

    516 Macarthur Ave, Panama City, FL 32401-3636

    Value Estimation by Request
    3,041 sqft 0.23 AC lot
    View details
    3520 15th St
    MEDICAL BUILDING

    3520 15th St, Panama City, FL 32404-5831

    Value Estimation by Request
    4,348 sqft 0.69 AC lot
    View details
    200 19th St
    MEDICAL BUILDING

    200 19th St, Panama City, FL 32405-4628

    $1,005,000
    Estimated value
    5,791 sqft 0.77 AC lot
    View details
    2306 Martin Luther King Jr Blvd
    MEDICAL BUILDING

    2306 Martin Luther King Jr Blvd, Panama City, FL 32405-4404

    $940,000
    Estimated value
    4,048 sqft 0.36 AC lot
    View details
    643 Hwy 231
    MEDICAL BUILDING

    643 Hwy 231, Panama City, FL 32405-4704

    $1,800,000
    Estimated value
    7,522 sqft 0.68 AC lot
    View details
    4121 Hwy 98
    MEDICAL BUILDING

    4121 Hwy 98, Panama City, FL 32401-1170

    Value Estimation by Request
    7,546 sqft 0.70 AC lot
    View details
    2500 Martin Luther King Jr Blvd
    MEDICAL BUILDING

    2500 Martin Luther King Jr Blvd, Panama City, FL 32405-4412

    $11,000,000
    Estimated value
    29,210 sqft 3.38 AC lot
    View details

    Panama City, FL Healthcare Properties Market Trends and Statistics

    Explore 72 healthcare properties for sale in Panama City, FL, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 14,042 square feet of properties for sale, with an estimated market value of $2,859,900.

    Sale prices for medical real estate in Panama City, FL start at $349,900, averaging $571,980, and reaching up to $825,000 — 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

    Medical space 3
    Assisted living facilities 2
    Medical centers 2
    Spa & wellness properties 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 average listing prices of real estate assets

    Neighborhood Average Price
    32404 $349.9K
    32401 $650K
    32405 $762.5K

    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

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Panama City fall within the 100,000+ square foot range.

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