Panama City, FL Hospitality properties for sale

Updated: Aug 1, 2025

Updated Condo with Lake Views

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

$365,000

1,262 sqft

Completely renovated with over $100,000 in upgrades, including a GOURMET KITCHEN with stainless steel appliances and quartz countertops.
Spacious 2‑bedroom, 2‑bath condo with a bunk room, totaling 1,262 SqFt.
New, custom‑made 3‑ton HVAC system with dehumidifier for efficient and effective climate control.
Located on the 3rd floor for easy access.
PRIVATE BALCONY with scenic lake views and daily fountain shows.

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This listing looks promising.

Here's a quick look at some key insights for

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

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Est. Cap Rate

3.8%
NOI ÷ price
Est. NOI

$14K
Annual
Price @ 7% Cap

$200K
Suggested
Last Sold

Sep 2025
$62K

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Updated: Mar 27, 2025

Prime Panama City Development Land

1330 W Highway 390, Panama City, FL 32405

$2,500,000

4.75 AC lot

4.75 +/- acre cleared, high, and dry land tract.
Prime location on Hwy 390, ideal for retail or hospitality development.
Priced to sell.
Over 700 ft. of highway frontage.
Located just east of Lisenby Ave., across from Sweet Bay development.

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Beachfront Inn Investment Opportunity

8614 Surf Drive, Panama City, FL 32408

$4,000,000

7,723 sqft 0.52 AC lot

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

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Majestic Gulf Front Beach Home

13401 Oleander Dr, Panama City, FL 32407

$6,300,030

5,984 sqft

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

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Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 61 Potential Opportunities for your consideration. Besides 4 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.

Move-in Ready RV Site

Port St Joe, FL 32456

$174,900

0.52 AC lot

RV site near Mexico Beach with new pole barn.

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Prime Commercial Land Opportunity

Hutchison Boulevard, Panama City Beach, FL 32407

$900,000

0.92 AC lot

Two adjoining parcels near Pier Park, Panama City Beach.

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Waterfront Property with RV Parking

Port St Joe, FL 32456

$220,000

0.40 AC lot

0.39-acre waterfront property with pole barn and bathhouse.

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Panama City Beach Development Opportunity

9129 N Lagoon Drive, Panama City Beach, FL 32408

$6,500,000

7.00 AC lot

7 acres in the heart of Panama City Beach.

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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.

Prime Commercial Land Opportunity

2204 Thomas Drive, Panama City Beach, FL 32408

$440,000

0.96 AC lot

Highly desirable commercial land in Panama City Beach, Florida.

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Prime Development Opportunity in Panama

4810 W Highway 98, Panama City, FL 32401

$2,300,000

4.77 AC lot

4.77 acre commercial parcel in a prime location.

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Gulf-Front Mixed-Use Land

5403 Gulf Drive, Panama City, FL 32408

$1,820,000

0.29 AC lot

Cleared Gulf-front parcel beside public beach access #7 with mixed-use zoning and paved road access.

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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.

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Panama City, FL Hospitality Properties Market Trends and Statistics

Explore 53 hospitality properties for sale in Panama City, FL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 14,969 square feet of properties for sale, with an estimated market value of $10,665,030.

Sale prices for hospitality properties in Panama City, FL start at $365,000, averaging $3,555,010, and reaching up to $6,300,030 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
Panama City	$1.4M
Panama City Beach	$6.3M

Neighborhood

Average Price

Panama City

$1.4M

Panama City Beach

$6.3M