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    Panama City, FL
    Hospitality

    Panama City, FL Hospitality Properties for Sale

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    Six-Unit Beachfront Bed and Breakfast
    Updated: Apr 6
    Six-Unit Beachfront Bed and Breakfast

    8524 Surf Drive, Panama City, FL 32408

    $2,900,000
    4,740 sqft 0.50 AC lot
    Six‑unit bed and breakfast on 0.5 acres
    4,740 square feet of property area
    Beach access just steps from the property
    Beach view from the north side of Surf Drive
    High‑intensity zoning supports lodging and residential development concepts
    View details
    Nearly Complete 90-Room Hotel
    Updated: Apr 15
    Nearly Complete 90-Room Hotel

    5711 E Highway 98, Panama City, FL 32404

    $10,450,000
    32,400 sqft 1.88 AC lot
    90‑room hotel with approximately 95% of the project complete
    32,400 square feet on 1.88 acres
    Substantially reconstructed with a 2025 build year
    Guest‑room furniture installed and TVs mounted
    Rebuilt parking lot included in the project
    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.

    View details
    See what stands out in Bay County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

    Cap Rate available after sign in
    NOI available after sign in
    Local Demand available after sign in
    Updated Condo with Lake Views
    Updated Condo with Lake Views

    9860 S Thomas Drive #309, Panama City, FL 32408

    $325,000
    1,262 sqft

    Tastefully decorated, fully furnished condo with lake views and resort amenities.

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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

    $10,450,000

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

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Majestic Gulf Front Beach Home
    Majestic Gulf Front Beach Home

    13401 Oleander Dr, Panama City, FL 32407

    Contact for pricing
    5,984 sqft

    New construction, 8 bedrooms, sleeps 36, gulf front home.

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    Based on your search, we've compiled 64 Potential Opportunities for your consideration. Besides 7 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.

    Coastal Retreat Near Beach Access
    Coastal Retreat Near Beach Access

    29 Los Angeles St, Miramar Beach, FL 32550

    $2,695,000
    0.17 AC lot

    9BR/10BA coastal retreat with deeded beach access and rental history.

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    Six-Unit Motel Near Beach Access
    Six-Unit Motel Near Beach Access

    8524 Surf Drive, Panama City Beach, FL 32408

    $2,900,000

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

    View details
    Gulf-Front Estate Investment Opportunity
    Gulf-Front Estate Investment Opportunity

    20 Sandy Beach Rd, Miramar Beach, FL 32550

    $4,650,000
    0.56 AC lot

    Nine-bedroom beachfront estate with rental income potential.

    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.

    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.

    C-3 Commercial Land
    C-3 Commercial Land

    2204 Thomas Drive, Panama City Beach, FL 32408

    $440,000
    0.96 AC lot

    C-3-zoned commercial land along Thomas Drive in Panama City Beach.

    View details
    Venture Out Resort Vacant Lot
    Venture Out Resort Vacant Lot

    242 Barracuda Drive, Panama City Beach, FL 32408

    $289,000

    Vacant lot in gated community with beach and resort amenities.

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

    5101 Gulf Drive, Panama City, FL 32408

    $899,000
    0.10 AC lot

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

    View details
    Gulf-Front Mixed-Use Waterfront Land
    Gulf-Front Mixed-Use Waterfront Land

    5403 Gulf Drive, Panama City, FL 32408

    $1,820,000
    0.29 AC lot

    Cleared waterfront parcel with mixed-use zoning, nearby public utilities, and paved road access.

    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

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

    545 Magnolia Ave, Panama City, FL 32401-3051

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

    63 Main St, Inlet Beach, FL 32461-5027

    Value Estimation by Request
    61,800 sqft 0.52 AC lot
    View details
    2203 Harrison Ave
    HOTEL

    2203 Harrison Ave, Panama City, FL 32405-4549

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

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

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

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

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

    2338 Mercedes Ave, Panama City, FL 32405-5260

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

    710 15th St, Panama City, FL 32401

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

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

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

    323 Tyndall Pkwy, Panama City, FL 32404-6725

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

    1101 Hwy 231, Panama City, FL 32405-5306

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

    5126 Hwy 98, Panama City, FL 32404

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

    3120 Hwy 98, Panama City, FL 32401-5418

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

    4432 Hwy 98, Panama City, FL 32404

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

    900 Harrison Ave, Panama City, FL 32401-2528

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

    3910 Hwy 98, Panama City, FL 32401-1167

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

    5627 Hwy 22, Panama City, FL 32404-6407

    $3,495,000
    Estimated value
    45,460 sqft 3.90 AC lot
    View details

    Panama City, FL Hospitality Properties Market Trends and Statistics

    Explore 56 hospitality properties for sale in Panama City, FL, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 56,849 square feet of properties for sale, with an estimated market value of $31,025,000.

    Sale prices for hospitality properties in Panama City, FL start at $325,000, averaging $5,170,833, and reaching up to $10,450,000 — 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 4
    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)

    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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    Browse Hospitality properties for Sale Near Panama City, FL

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    Most Searched ZIP Codes in Panama City, FL

    • 32408
    • 32404
    • 32407

    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.

    Full Sail Realty of Northwest Florida
    1514 W. 23rd St, Suite B Panama City, FL 32405
    Phone: 18508194961
    FullSailNWFL.com

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