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    Panama City, FL
    Hospitality

    Panama City, FL Hospitality Properties for Sale

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    Six-Unit Motel Near Beach
    Updated: Apr 6
    Six-Unit Motel Near Beach

    8524 Surf Drive, Panama City, FL 32408

    $2,900,000
    4,740 sqft 0.50 AC lot
    Six‑unit motel with 4,740 square feet of property size
    0.5‑acre parcel at 8524 Surf Drive, Panama City, FL 32408
    Beach access located steps from the property
    Beach view from the north side of Surf Drive
    Built in 1962 with stucco construction and a shingle roof
    View details
    Hotel with 90 Guest Rooms
    Updated: Apr 15
    Hotel with 90 Guest Rooms

    5711 E Highway 98, Panama City, FL 32404

    $10,000,000
    32,400 sqft 1.88 AC lot
    90 guest rooms within a 32,400‑square‑foot hotel
    Ground‑up rebuild described as approximately 95% complete
    1.88‑acre site at 5711 E Highway 98, Panama City
    Furniture installed and televisions mounted in guest rooms
    Rebuilt parking lot included with the property
    View details
    Six-Unit Beach-Access Motel
    Six-Unit Beach-Access Motel

    8524 Surf Dr, Panama City, FL 32408

    $2,900,000
    4,740 sqft

    Furnished lodging property with beach access and a walkable setting near dining, entertainment, and local attractions.

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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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    Beachfront Inn Investment Opportunity
    Beachfront Inn Investment Opportunity

    8614 Surf Drive, Panama City, FL 32408

    $4,000,000
    7,723 sqft 0.50 AC lot

    Income-producing 11-unit inn with expansion potential on over half-acre.

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    Brand-New Limited-Service Hotel
    Brand-New Limited-Service Hotel

    5711 E Highway 98, Panama City, FL 32404

    $10,000,000

    Limited-service hotel nearing completion with 90 rooms plus additional lobby and support areas in place.

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    Based on your search, we've compiled 62 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 49 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.

    36-Unit Boutique Hotel with Suites
    36-Unit Boutique Hotel with Suites

    6904 W County Highway 30A #Multiple, Santa Rosa Beach, FL 32459

    $8,950,000
    53,579 sqft

    Two lodging buildings are complemented by an event venue, a pool, and a four-unit office/live-work property.

    View details
    Six-Unit Motel Near Beach Access
    Six-Unit Motel Near Beach Access

    8524 Surf Dr, Panama City Beach, FL 32408

    $2,900,000
    21,780 sqft

    Furnished lodging property with direct beach access and a walkable coastal setting.

    View details
    Boutique Hotel with Apartment-Style Suites
    Boutique Hotel with Apartment-Style Suites

    6904 W County Highway 30A, Santa Rosa Beach, FL 32459

    $8,950,000
    1.23 AC lot

    Two lodging buildings, an event venue, a pool and office/live-work space support a varied hospitality configuration.

    View details
    Turn-Key Beachfront Inn
    Turn-Key Beachfront Inn

    8614 Surf Dr, Panama City Beach, FL 32408

    $4,000,000

    Operating 11-unit inn on over half an acre with two buildings and a pool, zoned for high-intensity commercial.

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    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.

    Venture Out Resort Vacant Lot
    Venture Out Resort Vacant Lot

    242 Barracuda Dr, Panama City Beach, FL 32408

    $269,000

    Vacant lot in gated community with beach and resort amenities.

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    Commercial Land with Three-Road Access
    Commercial Land with Three-Road Access

    4810 W Highway 98, Panama City, FL 32401

    $2,300,000
    4.77 AC lot

    General Commercial 2 zoning and a Gateway Overlay designation define the parcel’s commercial land-use framework.

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    Gulf-Front Lot Ready to Build
    Gulf-Front Lot Ready to Build

    5101 Gulf Drive, Panama City, FL 32408

    $850,000
    0.10 AC lot

    Gulf-front lot in Panama City Beach with no HOA.

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    Highway Frontage Commercial Land
    Highway Frontage Commercial Land

    1330 W Highway 390, Panama City, FL 32405

    $2,500,000
    4.75 AC lot

    Cleared commercial land with substantial highway exposure and flexible development potential.

    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.

    6249 Hwy 98
    MOTEL

    6249 Hwy 98, Panama City, FL 32404-7277

    Estimated value:
    $525,000
    2,358 sqft 0.60 AC lot
    View details
    545 Magnolia Ave
    MOTEL

    545 Magnolia Ave, Panama City, FL 32401-3051

    Estimated value:
    $180,000
    5,612 sqft 0.44 AC lot
    View details
    63 Main St
    HOTEL

    63 Main St, Inlet Beach, FL 32461-5027

    Estimated value: by Request
    61,800 sqft 0.52 AC lot
    View details
    2203 Harrison Ave
    HOTEL

    2203 Harrison Ave, Panama City, FL 32405-4549

    Estimated value:
    $3,215,000
    32,330 sqft 2.04 AC lot
    View details
    905 23rd Pl
    HOTEL

    905 23rd Pl, Panama City, FL 32405-5201

    Estimated value:
    $12,610,000
    16,394 sqft 1.38 AC lot
    View details
    1030 23rd St
    HOTEL

    1030 23rd St, Panama City, FL 32405-5329

    Estimated value:
    $4,445,000
    52,843 sqft 2.24 AC lot
    View details
    2338 Mercedes Ave
    HOTEL

    2338 Mercedes Ave, Panama City, FL 32405-5260

    Estimated value:
    $2,805,000
    34,088 sqft 1.22 AC lot
    View details
    710 15th St
    MOTEL

    710 15th St, Panama City, FL 32401

    Estimated value:
    $90,000
    6,369 sqft 0.38 AC lot
    View details
    1110 24th St
    HOTEL

    1110 24th St, Panama City, FL 32405-5245

    Estimated value:
    $3,095,000
    28,813 sqft 1.65 AC lot
    View details
    323 Tyndall Pkwy
    MOTEL

    323 Tyndall Pkwy, Panama City, FL 32404-6725

    Estimated value:
    $445,000
    7,632 sqft 1.09 AC lot
    View details
    1101 Hwy 231
    HOTEL

    1101 Hwy 231, Panama City, FL 32405-5306

    Estimated value:
    $2,375,000
    47,029 sqft 2.18 AC lot
    View details
    5126 Hwy 98
    HOTEL

    5126 Hwy 98, Panama City, FL 32404

    Estimated value:
    $2,150,000
    27,372 sqft 2.48 AC lot
    View details
    3120 Hwy 98
    MOTEL

    3120 Hwy 98, Panama City, FL 32401-5418

    Estimated value:
    $160,000
    4,116 sqft 0.42 AC lot
    View details
    4432 Hwy 98
    HOTEL

    4432 Hwy 98, Panama City, FL 32404

    Estimated value:
    $2,650,000
    37,122 sqft 1.35 AC lot
    View details
    900 Harrison Ave
    MOTEL

    900 Harrison Ave, Panama City, FL 32401-2528

    Estimated value:
    $300,000
    16,180 sqft 0.43 AC lot
    View details
    3910 Hwy 98
    MOTEL

    3910 Hwy 98, Panama City, FL 32401-1167

    Estimated value:
    $705,000
    10,360 sqft 3.03 AC lot
    View details
    5627 Hwy 22
    HOTEL

    5627 Hwy 22, Panama City, FL 32404-6407

    Estimated value:
    $3,495,000
    45,460 sqft 3.90 AC lot
    View details
    1035 23rd St
    HOTEL

    1035 23rd St, Panama City, FL 32405-5313

    Estimated value:
    $2,360,000
    29,886 sqft 1.80 AC lot
    View details
    435 Tyndall Pkwy
    HOTEL

    435 Tyndall Pkwy, Panama City, FL 32404-6126

    Estimated value:
    $1,860,000
    27,544 sqft 1.36 AC lot
    View details

    Panama City, FL Hospitality Properties Market Trends and Statistics

    Explore 54 hospitality properties for sale in Panama City, FL, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 49,603 square feet of properties for sale, with an estimated market value of $29,800,000.

    Sale prices for hospitality properties in Panama City, FL start at $2,900,000, averaging $5,960,000, and reaching up to $10,000,000 — 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

    Hotels 3
    Motels 3
    Bed & breakfasts 2
    Resorts 2

    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
    32408 $2.5M
    32404 $10.5M

    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)

    Property Size Breakdown

    The majority of commercial real estate listings in Panama City fall within the 50,000 to 100,000 square foot range.

    How Realmo verifies these figures

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    Browse Hospitality properties for Sale Near Panama City, FL

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    Most Searched ZIP Codes in Panama City, FL

    • 32408
    • 32404

    Featured Panama City Real Estate Agencies

    Realmo connects you with licensed Panama City CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Hitchcock Real Estate LLC
    1107 Beck Ave Panama City, FL 32401
    Phone: (850) 866-2158
    lairdhitchcock.com
    Full Sail Realty of Northwest Florida
    1514 W. 23rd St, Suite B Panama City, FL 32405
    Phone: (850) 819-4961
    FullSailNWFL.com
    Overstreet Realty
    747 Harrison Avenue Panama City, FL 32401
    Phone: (850) 763-4459
    OverstreetRealty.net
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