1000 E 23Rd St Panama City, FL 32405
For Sale
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The Shoppes at Panama City offers exceptional retail opportunities in a vibrant location. This multi-tenant center boasts a total of 61,221 square feet, with 10 individual suites. Currently, 5,467 square feet are available, divisible into spaces ranging from a minimum of 1,600 square feet to a maximum contiguous space of 1,867 square feet. The property enjoys a prime location adjacent to Panama City Mall, ensuring high visibility and foot traffic. Benefit from the synergy of established national tenants such as Best Buy, America's Best Contacts & Eyeglasses, and Moe's Southwest Grill. This attractive lifestyle center offers a compelling mix of retail, entertainment, and dining options, catering to both local residents and the significant tourist population. The Shoppes at Panama City is further enhanced by its proximity to numerous other retail stores, restaurants, and over a dozen hotels, all within convenient walking distance, creating a thriving and densely populated commercial environment. This presents a unique opportunity for businesses seeking high-traffic exposure and a strong customer base in a dynamic and established retail hub. The available space is ideal for a variety of retail concepts, restaurants, or other commercial uses.
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Geek Squad Computer & Electronic Repair Tech Support Center
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55 Gallon Drums Panama City Big Box & Wholesale Store Factory
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CosmoProf (Bike/Boat/Book/etc) Store Cosmetic Store
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America's Best Contacts & Eyeglasses (Bike/Boat/Book/etc) Store
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Best Buy Electronics & Wireless Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
PC09 · Panama City, FLPanama City. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.