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    Panama City, FL
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    Panama City, FL Hotels for Sale

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    Hotel with 90 Guest Rooms
    Updated: Apr 15
    Hotel with 90 Guest Rooms

    5711 E Highway 98, Panama City, FL 32404

    $10,450,000
    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
    Beachfront Inn Investment Opportunity
    Updated: Dec 1, 2024
    Beachfront Inn Investment Opportunity

    8614 Surf Drive, Panama City, FL 32408

    $4,000,000
    7,723 sqft 0.50 AC lot
    Prime beachfront location directly across from the Gulf of Mexico.
    Income‑producing 11‑unit inn with potential to expand to 15 units.
    Zoned for high‑intensity development, allowing for various redevelopment options (single‑family, multi‑family, or mixed‑use).
    Substantial parcel of land exceeding half an acre.
    Studio units in the area demonstrate high income potential and capitalization rates.
    View details
    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.

    View details
    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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    Based on your search, we've compiled 42 Potential Opportunities for your consideration. Besides 3 Active listings in Panama City, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 32 Off-Market properties to explore as potential leads, plus 3 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.

    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
    Gulf-Front and Lake-Front Boutique Destination
    Gulf-Front and Lake-Front Boutique Destination

    16621 Front Beach Road, Panama City Beach, FL 32413

    Contact for pricing
    35,000 sqft

    52-unit property with Gulf and lake frontage.

    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.

    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.

    View details
    Highway Commercial Land
    Highway Commercial Land

    Highway 231, Panama City, FL 32404

    $200,000
    1.35 AC lot

    C-3 zoning supports retail, office, hospitality, and service uses.

    View details
    Gulf-Front Commercial Land
    Gulf-Front Commercial Land

    14929 Front Beach Road, Panama City Beach, FL 32413

    $6,250,000
    0.82 AC lot

    CH zoning and an existing seawall frame redevelopment potential on this beachfront parcel.

    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.

    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
    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
    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
    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
    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
    78 Main St
    HOTEL

    78 Main St, Inlet Beach, FL 32461-5028

    Estimated value:
    $445,000
    4,920 sqft 0.06 AC lot
    View details
    902 Tyndall Pkwy
    HOTEL

    902 Tyndall Pkwy, Panama City, FL 32404-9408

    Estimated value:
    $3,725,000
    40,600 sqft 2.00 AC lot
    View details
    6652 County Hwy 30th, Unit 309
    HOTEL

    6652 County Hwy 30th, Inlet Beach, FL 32461-0734

    Unit 309
    Estimated value:
    $270,000
    View details
    4306 Hwy 98
    HOTEL

    4306 Hwy 98, Panama City, FL 32401-1175

    Estimated value:
    $2,085,000
    27,455 sqft 0.77 AC lot
    View details
    264 Tyndall Pkwy
    HOTEL

    264 Tyndall Pkwy, Panama City, FL 32404-6432

    Estimated value:
    $3,495,000
    47,540 sqft 2.65 AC lot
    View details
    2317 Jenks Ave
    HOTEL

    2317 Jenks Ave, Panama City, FL 32405-4301

    Estimated value:
    $1,200,000
    13,724 sqft 2.22 AC lot
    View details
    3602 Hwy 98
    HOTEL

    3602 Hwy 98, Panama City, FL 32401-1161

    Estimated value:
    $2,410,000
    37,188 sqft 1.04 AC lot
    View details
    16621 Front Beach Rd
    Hotels

    16621 Front Beach Rd, Panama City, FL 32413

    Estimated value: by Request
    35,000 sqft
    View details
    490 Harrison Ave
    HOTEL

    490 Harrison Ave, Panama City, FL 32401-2732

    Estimated value:
    $510,000
    41,324 sqft 0.45 AC lot
    View details

    Panama City, FL Hotels Market Trends and Statistics

    Explore 35 hotels for sale in Panama City, FL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 40,123 square feet of properties for sale, with an estimated market value of $24,900,000.

    Sale prices for resorts in Panama City, FL start at $4,000,000, averaging $8,300,000, 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 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 $4M
    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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    Most Searched ZIP Codes in Panama City, FL

    • 32404
    • 32408

    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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