Live - Work Space

Panama City, FL Live-work Space for Sale

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Remodeled Mixed-Use Property
Updated: Mar 12
Remodeled Mixed-Use Property

5045 E Highway 98, Panama City, FL 32404

$525,000
1,800 sqft 0.28 AC lot
1,800‑square‑foot mixed‑use property on a 0.28‑acre parcel
Mixed‑use zoning supports commercial and live‑work applications
Remodeled interior with refinished wood floors, high ceilings, and brick dual‑sided fireplace
Updated kitchen with granite countertops and stainless appliances
Fully fenced yard with front and rear covered porches
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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 5 Potential Opportunities for your consideration. Besides 1 Active listings in Panama City, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Mixed-Use Building with Shared Pool
Mixed-Use Building with Shared Pool

Port St Joe, FL 32456

$815,000
1,300 sqft

Two-level property pairs adaptable commercial space with a private three-bedroom residence in walkable downtown Port St. Joe.

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Mixed-Use Condo with Bay Views
Mixed-Use Condo with Bay Views

Port St Joe, FL 32456

$1,700,000
4,164 sqft 0.07 AC lot

Two-level condominium combines an office suite with an established four-bedroom short-term rental residence.

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Ground-Floor Mixed-Use Condo
Ground-Floor Mixed-Use Condo

415 Saint Francis Street, Tallahassee, FL 32301

$399,000
0.02 AC lot

Commercial and residential zoning supports flexible business, residential, and short-term rental uses.

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Mixed-Use Property with Pole Barn
Mixed-Use Property with Pole Barn

1614 S Monroe Street, Tallahassee, FL 32301

$499,000
0.48 AC lot

CU-45 zoning supports a live-work setup with office, retail, and additional residential or retail development potential.

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Panama City, FL Live-Work Space Market Trends and Statistics

Explore 1 live-work space for sale in Panama City, FL on our real estate platform. These investment opportunities span a total of 1,800 square feet of properties for sale, with an estimated market value of $525,000.

Sale prices for live-work properties in Panama City, FL average $525,000 — 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

Office Units 82
Office buildings 40
Medical Office Space 27
Creative space 1

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
32404 $525K

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 100,000+ square foot range.

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