Health Care

Panama City, FL Healthcare Properties for Sale

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Veterinary Medical Center
Updated: Jun 30
Veterinary Medical Center

247 N Highway 22 A, Panama City, FL 32404

$349,900
2,768 sqft 0.45 AC lot
2,768‑square‑foot veterinary clinic on a 0.45‑acre parcel
Four exam rooms plus private office and dedicated surgery room
X‑ray room, kennel area, grooming space, and support rooms
Brick construction completed in 1974
Central air conditioning and shingle roof
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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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Medical Center with Operating Rooms
Medical Center with Operating Rooms

Panama City, FL 32405

$3,950,000
13,132 sqft

AHCA-approved ambulatory surgery facility with adaptable medical office space and access to established healthcare institutions.

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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.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
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 76 Potential Opportunities for your consideration. Besides 5 Active listings in Panama City, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 67 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.

Medical Office Suite with Treatment Area
Medical Office Suite with Treatment Area

4415 Hwy 331, Defuniak Springs, FL 32433

Contact for pricing
16,645 sqft 1.91 AC lot

Flexible clinical space includes exam rooms, private administration, and an open area for specialized care.

View details
Class A Medical Office Space
Class A Medical Office Space

1002 N Arnold Rd, Panama City Beach, FL 32413

Contact for pricing
6,000 sqft 88.65 AC lot

Newly constructed clinical space offers customizable layouts within an established healthcare campus with on-site patient amenities.

View details
Class A Medical Office Building
Class A Medical Office Building

C-1002 N Arnold Rd, Panama City Beach, FL 32413

Contact for pricing
6,000 sqft

New construction medical office suites are available in a Class A building within an established healthcare campus.

View details
Medical Suite in DeFuniak Springs
Medical Suite in DeFuniak Springs

4415 Hwy 331, Defuniak Springs, FL 32433

Contact for pricing
4,400 sqft 1.91 AC lot

Medical suite in multi-tenant building near hospital in growing area.

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

Estimated value:
$235,000
6,106 sqft 0.43 AC lot
View details
528 Baldwin Rd
MEDICAL BUILDING

528 Baldwin Rd, Panama City, FL 32405-3313

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

200 Star Ave, Panama City, FL 32404-7615

Estimated value:
$220,000
4,535 sqft 0.86 AC lot
View details
1010 11th St
MEDICAL BUILDING

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

Estimated value:
$220,000
2,725 sqft 0.31 AC lot
View details
619 Cv Blvd
MEDICAL BUILDING

619 Cv Blvd, Panama City, FL 32401-3642

Estimated value:
$1,105,000
7,661 sqft 0.44 AC lot
View details
2101 Jenks Ave
MEDICAL BUILDING

2101 Jenks Ave, Panama City, FL 32405-4511

Estimated value:
$1,285,000
5,801 sqft 0.47 AC lot
View details
2636 Jenks Ave
MEDICAL BUILDING

2636 Jenks Ave, Panama City, FL 32405-4387

Estimated value:
$215,000
2,725 sqft 0.39 AC lot
View details
2567 Huntcliff Ln
MEDICAL BUILDING

2567 Huntcliff Ln, Panama City, FL 32405-4902

Estimated value:
$225,000
1,920 sqft 0.27 AC lot
View details
600 Cv Blvd
MEDICAL BUILDING

600 Cv Blvd, Panama City, FL 32401-3628

Estimated value:
$400,000
5,147 sqft 0.24 AC lot
View details
1007 Jenks Ave
MEDICAL BUILDING

1007 Jenks Ave, Panama City, FL 32401-2474

Estimated value:
$495,000
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
Estimated value:
$375,000
4,349 sqft 0.56 AC lot
View details
516 Macarthur Ave
MEDICAL BUILDING

516 Macarthur Ave, Panama City, FL 32401-3636

Estimated value:
$340,000
3,041 sqft 0.23 AC lot
View details
3520 15th St
MEDICAL BUILDING

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

Estimated value:
$235,000
4,348 sqft 0.69 AC lot
View details
200 19th St
MEDICAL BUILDING

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

Estimated value:
$935,000
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

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

643 Hwy 231, Panama City, FL 32405-4704

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

4121 Hwy 98, Panama City, FL 32401-1170

Estimated value:
$70,000
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

Estimated value:
$11,000,000
29,210 sqft 3.38 AC lot
View details
2424 Frankford Ave
MEDICAL BUILDING

2424 Frankford Ave, Panama City, FL 32405-2239

Estimated value:
$255,000
4,342 sqft 1.18 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 5 active listings on our real estate platform. These investment opportunities span a total of 22,400 square feet of properties for sale, with an estimated market value of $6,474,900.

Sale prices for medical real estate in Panama City, FL start at $349,900, averaging $1,294,980, and reaching up to $3,950,000 — 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 centers 4
Medical space 3
Assisted living facilities 1
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 $1.6M

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)

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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