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    Panama City, FL
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    Panama City, FL Resorts for Sale

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    Watersound, FL Rosemary Beach, FL Panama City Beach, FL Southport, FL Lynn Haven, FL Callaway, FL Youngstown, FL
    Updated Condo with Lake Views
    Updated: Aug 1, 2025
    Updated Condo with Lake Views

    9860 S Thomas Drive #309, Panama City, FL 32408

    $325,000
    1,262 sqft
    Completely renovated with over $100,000 in upgrades, including a GOURMET KITCHEN with stainless steel appliances and quartz countertops.
    Spacious 2‑bedroom, 2‑bath condo with a bunk room, totaling 1,262 SqFt.
    New, custom‑made 3‑ton HVAC system with dehumidifier for efficient and effective climate control.
    Located on the 3rd floor for easy access.
    PRIVATE BALCONY with scenic lake views and daily fountain shows.
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    21-Unit Beach Condo Portfolio
    Updated: Apr 12
    21-Unit Beach Condo Portfolio

    9902 S Thomas Drive, Panama City, FL 32408

    Contact for pricing
    21 separate condominium units at Laketown Wharf Resort
    10 one‑bedroom, two‑bath condos with bunk areas; 1,041 sqft each; sleeps 6
    5 two‑bedroom, two‑bath condos with bunk areas; 1,262 sqft each; sleeps 8
    6 three‑bedroom, three‑bath condos with bunk areas; 1,680 sqft each; sleeps 10
    Fully furnished with bedding, decorations, appliances, and linens
    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 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.

    Gulf Front Corner Condo
    Gulf Front Corner Condo

    10901 Front Beach Road #1601, Panama City Beach, FL 32407

    $750,000
    1,610 sqft

    West End 4-bedroom condo with stunning sunset views.

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    5-Unit Short-Term Rental Portfolio
    5-Unit Short-Term Rental Portfolio

    9902 S Thomas Dr, Panama City Beach, FL 32408

    Contact for pricing
    6,286 sqft

    Fully furnished vacation rentals with established cleaning and maintenance vendor relationships.

    View details
    Resort Home in Gated Community
    Resort Home in Gated Community

    210 W. Grand Ky, Destin, FL 32541

    $1,149,000

    Furnished 5-bedroom home in Villages of Crystal Beach.

    View details
    Updated Gulf View Condo
    Updated Gulf View Condo

    1002 E Highway 98 #UNIT 810, Destin, FL 32541

    $550,000

    Updated 1BR condo with hall bunks and unobstructed Gulf views.

    View details

    Panama City, FL Resorts Market Trends and Statistics

    Explore 2 resorts for sale in Panama City, FL on our real estate platform. These investment opportunities span a total of 1,262 square feet of properties for sale, with an estimated market value of $325,000.

    Sale prices for resorts in Panama City, FL average $325,000 — 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 4
    Motels 4
    Resorts 3
    Bed & breakfasts 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 $325K

    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

    Retail

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Panama City fall within the 50,000 to 100,000 square foot range.

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    Browse Resorts for Sale Near Panama City, FL

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    Most Searched ZIP Codes in Panama City, FL

    • 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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