Panama City, FL Office Units for Sale

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Rosemary Beach, FL Panama City Beach, FL Southport, FL

29 listings

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Versatile Commercial Property in Panama City

$2,500,000

11,171 SF

Versatile Commercial Property in Panama City

1331 Harrison Avenue, Panama City, FL 32401

Showroom, warehouse, and office space in a strategic location.

Brand new construction (2021) with premium Kingspan(R) insulated metal wall and roof panel envelope.
Versatile space featuring a 7,134 SF warehouse with 21‑foot ceilings, 1,391 SF mezzanine, and 1,153 SF showroom.
Heavy‑duty infrastructure with 600‑amp, 240/120V 3‑phase electrical service and sealed concrete floors.
Professionally finished showroom with stained concrete floors, acoustic ceilings, LED lighting, reception area, private office, and ADA‑compliant restrooms.
Strategic location on a growing commercial corridor in Panama City.

Updated: May 22

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Three-Building Flex and Industrial Campus

$1,500,000

9,050 SF

Three-Building Flex and Industrial Campus

2901 W 17th Street, Panama City, FL 32405

A 9,000+ SF heated, multi-office flex campus with gated storage, abundant parking, and room to scale for growing operations.

Over 9,000 sq ft of heated and cooled space across three buildings
Three‑building setup allows for multiple divisions or potential rental income
Multiple private offices, conference rooms, and adaptable workspace
Abundant on‑site parking plus a gated storage yard
Detached outbuilding for storage, workshop, or support operations

Updated: Apr 18

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$775,000

1,708 SF

Historic Panama City Mixed-Use Property

Custom property on a large lot, suitable for multiple commercial uses.

854 Magnolia Avenue, Panama City, FL 32401

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$1,175,000

7,574 SF

Remodeled Office Space with Land

Centrally located office space with remodeled interiors and vacant land.

1108 School Avenue, Panama City, FL 32401

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Turnkey Commercial Space, High-Visibility Location

$395,000

1,674 SF

Turnkey Commercial Space, High-Visibility Location

Move-in-ready commercial space in a high-traffic area near downtown.

316 W 11th Street, Panama City, FL 32401

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$2,500,000

11,171 SF

Versatile Commercial Property in Panama City

Showroom, warehouse, and office space suitable for various business operations.

1331 Harrison Avenue, Panama City, FL 32401

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$789,000

5,000 SF

Panama City Commercial Facility

5,000 SF commercial facility in high-traffic Panama City location.

5409 Hickory Street, Panama City, FL 32404

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$799,000

4,300 SF

Versatile Warehouse with Rental Income

4,300 SF warehouse with rental opportunity in Panama City.

1509 Hickory Avenue, Panama City, FL 32405

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$1,175,000

7,574 SF

Remodeled Office Space in Panama

Centrally located office space remodeled in 2022 with vacant land.

1108 School Avenue, Panama City, FL 32401

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$1,400,000

7,200 SF

Panama City Flex Warehouse

7,200 SF flex warehouse in Panama City for lease.

1117 Saint Andrews Blvd, Panama City, FL

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$240,000

1,072 SF

Mixed-Use Corner Lot Opportunity

Mixed-use corner lot with office, storage, and development potential.

1206 Bob LIttle Road, Panama City, FL 32404

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$825,000

1,708 SF

Historic Panama City Mixed-Use Property

Custom property on a large lot in historic Panama City.

854 Magnolia Avenue, Panama City, FL 32401

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$2,500,000

9,000 SF

High-Spec Flex Industrial Complex

9,000 SF flex industrial complex with vertical expansion potential.

2532 Joan Avenue, Panama City, FL 32408

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$3,490,000

16,600 SF

Panama City Warehouse with Office

16,600 sqft commercial warehouse with office space for sale.

2816 Forester Trail, Panama City, FL 32405

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$1,799,000

2,540 SF

Inlet Beach Commercial Opportunity

Remodeled commercial building with highway frontage in Inlet Beach.

13514 E Emerald Coast Parkway, Inlet Beach, FL 32461

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$360,000

2,031 SF

Downtown Panama City Office Unit

Professional office unit in Panama City's growing downtown core.

23 E 8th Street, Panama City, FL 32401

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$699,000

2,482 SF

Prime Commercial Condo For Sale

Versatile commercial space in a rapidly growing market.

8730 Thomas Drive #1101, Panama City, FL 32408

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$1,395,000

528 SF

Scenic 30A Commercial Space

Premier commercial space on Scenic 30A in South Walton County.

20 Hub Lane #1-2, Inlet Beach, FL 32461

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$240,000

1,072 SF

Mixed-Use Corner Lot Opportunity

Mixed-use corner lot with office, storage, and slab.

1206 Bob LIttle Road, Panama City, FL 32404

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$160,000

672 SF

Converted Office Space For Sale

Charming converted office space with kitchen and parking.

814 Grace Avenue, Panama City, FL 32401

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$315,000

1,046 SF

West 23rd Street Commercial Opportunity

Versatile commercial property on a busy Panama City corridor.

3707 W 23rd Street, Panama City, FL 32405

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$275,000

Downtown St. Andrews Versatile Space

Versatile space in downtown St. Andrews, perfect for office or residential.

2812 W 11th St, Panama City, FL 32401

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Versatile Commercial Building Near Downtown

$245,000

1,308 SF

Versatile Commercial Building Near Downtown

Commercial building with many possibilities near St. Andrews and Downtown.

1308 Balboa Avenue, Panama City, FL 32401

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$775,000

3,691 SF

Panama City Beach Office Building

Office building near Navy Base with high visibility and ample parking.

1813 Thomas Drive, Panama City, FL 32408

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Panama City, FL Office Units Market Trends and Statistics

Explore 30 office units for sale in Panama City, FL, showcased through 29 active listings on our real estate platform. These investment opportunities span a total of 147,748 square feet of properties for sale, with an estimated market value of $33,831,000.

Sale prices for office units in Panama City, FL start at $160,000, averaging $1,253,000, and reaching up to $4,000,000 — 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

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	$423K
32401	$899.2K
32405	$1.2M
32408	$1.3M

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

Residential Income

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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