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FL-77 & E 23rd Street, Panama City, FL, 32405
New Panama City Retail Development

FL-77 & E 23rd Street Panama City, FL 32405

For Lease
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200,000+ SF retail development in Panama City, Florida.

Property Size200,000 SF
Days on Market248

Property Features for FL-77 & E 23rd Street

General Information

Standard status Active
Size 200,000 SF
Property subtype Retail

Building Details

Year Built 2020
Listing Agency: Bellcore Commercial LLC
Listed By: Harry Bell Jr. · License #FL #BK3026917
Source: Bellcorecommercial
Added: Nov 21, 2025 Changed: Jul 6 Last Checked: Jul 27 at 2:32AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Bellcore Commercial LLC

Investment Insights

Based on property information with market context.

Bay City Point is a new development with over 200,000 square feet of space, situated in Panama City, Florida, at the intersection of Highway 77 and East 23rd Street, where the average daily traffic count exceeds 60,000. The location offers accessibility and visibility, with proximity to residential areas and national retailers, including Target, Kohl’s, Dillard’s, Home Depot, Lowe’s, Walmart, Publix, TJ Maxx, Hobby Lobby, and PetSmart. Located across from Target and the Panama City Mall, which houses Dillard’s, JC Penney, Sears, and Bed Bath & Beyond, Bay City Point is intended to be a destination. Panama City is the largest city in the Panama City-Lynn Haven-Panama City Beach Metropolitan Statistical Area and between Tallahassee and Pensacola. Port Panama City, Tyndall Air Force Base, the U.S. Navy’s Naval Support Activity Base, and Gulf Coast State College employ over 10,000 people combined. Northwest Florida Beaches International Airport is located in Panama City. Panama City is ranked as the #1 Metro Area for Economic Growth Potential for communities with a population of less than 200,000. The Panama City-Lynn Haven-Panama City Beach MSA has a strong tourism market and stable employment.

Key Highlights

  • Prime location at the "Main & Main" intersection of Panama City, Hwy 77 and E 23rd Street, boasting over 60,000 AADT.
  • Part of Bay City Point, a new 200,000+ SF development.
  • High visibility and easy access.

Property Analytics

Property Profile Location Intelligence

Current Use

Shopping centers

Suggested Use

Top Pick Kitchen & Bath Showroom Auto Parts Store Storage Facility HVAC Service Law Firm Grocery & Convenience Store

Zoning and permitted uses should be independently verified with authorities.

Similar Off Market Nearby

  • Panama City Square — 535 W 23rd St, Panama City, FL 32405
  • Mariner Plaza — 615 US-231, Panama City, FL 32405
  • PCB Office — 625 US-231, Panama City, FL 32405
  • Bay City Point — 500 E 23rd St, Panama City, FL 32405
  • Panama City Mall — 2150 Martin Luther King Jr Blvd, Panama City, FL 32405

Frequently Asked Questions

What type of property is this?
Shopping center - 200,000+ SF retail development in Panama City, Florida.
Where is this shopping center located?
The property is located at FL-77 & E 23rd Street Panama City, FL.
What are key features of this property?
This property features: Prime location at the "Main & Main" intersection of Panama City, Hwy 77 and E 23rd Street, boasting over 60,000 AADT.; Part of Bay City Point, a new 200,000+ SF development.; High visibility and easy access.
More about this property
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