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    Panama City Beach, FL
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    Panama City Beach, FL Restaurants for Sale

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    Panama City, FL Callaway, FL Port St Joe, FL Mexico Beach, FL Wewahitchka, FL
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    Restaurant Unit with Two Entrances
    Updated: Sep 23, 2025
    Restaurant Unit with Two Entrances

    R-8-9860 S Thomas Dr, Panama City Beach, FL 32408

    $843,885
    2,679 sqft
    2,679 SF commercial unit at Laketown Wharf, currently operating as a breakfast restaurant
    Two entrances—one facing Thomas Drive and one entrance on the lake
    Plenty of on‑site parking available for customers
    Could be adapted for retail business use
    Laketown Wharf includes 700+ residential units and multiple retail businesses
    View details
    Panama City Beach Landmark Restaurant
    Updated: Dec 8, 2024
    Panama City Beach Landmark Restaurant

    7724 Front Beach Road, Panama City Beach, FL 32407

    $1,875,000
    9,113 sqft 1.75 AC lot
    Prime 1.75‑acre location on the East end of Panama City Beach.
    C‑3 General Commercial zoning with 15 units/acre density and building height up to 230'.
    High traffic count of 25,200 vehicles daily.
    Approximately 300' of frontage on Front Beach Rd and 250' on Thomas Dr/Bay Point exit lane of Hwy 98.
    Existing 9,000 SF building with a seating capacity of 299.
    View details
    Freestanding Restaurant Retail Building
    Freestanding Restaurant Retail Building

    14501 Panama City Beach Pkwy, Panama City Beach, FL 32413

    Contact for pricing
    11,233 sqft

    Freestanding retail building with US Hwy 98 frontage and an existing restaurant kitchen buildout with freezer and cooler units.

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    Retail Building on US Hwy 98
    Retail Building on US Hwy 98

    14501 Panama City Beach Pkwy, Panama City Beach, FL 32413

    $4,450,000

    Freestanding retail building with frontage on US Hwy 98.

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    Restaurant Retail Unit with Dual Entrances
    Restaurant Retail Unit with Dual Entrances

    R-11-9860 S Thomas Dr, Panama City Beach, FL 32408

    $305,865

    Retail unit operating as a restaurant with two entrances facing Thomas Drive and the lake, plus on-site parking.

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    Commercial Development Site Near Buchanan Bridge
    Commercial Development Site Near Buchanan Bridge

    00 Buchanan Road, Panama City Beach, FL 32413

    $725,000

    Two-acre commercial development site near Latitude Margaritaville.

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    Gulf-Front Waterfront Land
    Gulf-Front Waterfront Land

    12709 Front Beach Road, Panama City Beach, FL 32407

    Contact for pricing

    Commercial High-Intensity zoning and existing restaurant structures support a substantial coastal development site.

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    Remodeled Restaurant Property
    Remodeled Restaurant Property

    207 S Arnold Road, Panama City Beach, FL 32413

    Contact for pricing

    Restaurant offering updated finishes, equipment, furnishings, parking, and city utilities.

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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 8 Active listings in Panama City Beach, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 64 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Laketown Wharf Commercial Unit
    Laketown Wharf Commercial Unit

    9860 S Thomas Drive #R-8, Panama City, FL 32408

    $843,885
    2,751 sqft

    2679 SF commercial unit suitable for retail or restaurant.

    View details
    Southport Commercial Property For Sale
    Southport Commercial Property For Sale

    2126 Highway 2321, Southport, FL 32409

    $399,000
    4,502 sqft 0.50 AC lot

    Commercial property in Southport with high traffic count and C-3 zoning.

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    Commercial Sale
    Commercial Sale

    9860 S Thomas Drive R-11, Panama City, FL 32408

    $305,865
    1,001 sqft

    Conventional restaurants · 1,001 SF

    View details
    Waterfront Commercial Land
    Waterfront Commercial Land

    7437 Highway 77, Southport, FL 32409

    $3,200,000
    7.51 AC lot

    Commercial tract with lagoon frontage, highway access, and public sewer service.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Waterfront Land With Seawall
    Waterfront Land With Seawall

    14929 Front Beach Road, Panama City Beach, FL 32413

    $6,250,000
    0.82 AC lot

    Commercial waterfront parcel with CH zoning, Gulf frontage, and an existing concrete seawall.

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    Commercial Land with Road Frontage
    Commercial Land with Road Frontage

    1735 Thomas Drive, Panama City, FL 32408

    $689,000
    1.00 AC lot

    Commercially zoned parcel with public sewer and direct access from Thomas Drive.

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    Commercial Land with Highway Frontage
    Commercial Land with Highway Frontage

    4810 W Highway 98, Panama City, FL 32401

    $2,300,000
    4.77 AC lot

    General Commercial 2 zoning with access from Hwy 98, 19th St, and Brown Ave.

    View details
    Commercial Land Parcel with Full Access
    Commercial Land Parcel with Full Access

    22000 Panama City Beach Parkway, Panama City Beach, FL 32413

    $2,450,000
    2.02 AC lot

    Commercial-zoned 2.02-acre parcel with full access via a median cut for convenient west-end development positioning.

    View details

    Off-Market Properties in Panama City Beach, FL

    Consider similar Off-Market properties in Panama City Beach, FL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    13512 Frnt Bch Rd
    NIGHTCLUB (COCKTAIL LOUNGE)

    13512 Frnt Bch Rd, Panama City Beach, FL 32407-3325

    $745,000
    Estimated value
    13,125 sqft 0.54 AC lot
    View details
    10260 Frnt Bch Rd
    DRIVE-THRU RESTAURANT, FAST FOOD

    10260 Frnt Bch Rd, Panama City Beach, FL 32407-3808

    $430,000
    Estimated value
    2,863 sqft 0.73 AC lot
    View details
    17112 Panama City Bch Pkwy
    DRIVE-THRU RESTAURANT, FAST FOOD

    17112 Panama City Bch Pkwy, Panama City Beach, FL 32413-5226

    Value Estimation by Request
    3,121 sqft 0.98 AC lot
    View details
    8014 Frnt Bch Rd
    RESTAURANT

    8014 Frnt Bch Rd, Panama City Beach, FL 32407-4800

    $1,100,000
    Estimated value
    4,703 sqft 0.86 AC lot
    View details
    11040 Hutchison Blvd
    RESTAURANT

    11040 Hutchison Blvd, Panama City Beach, FL 32407-3714

    Value Estimation by Request
    10,728 sqft 1.46 AC lot
    View details
    12390 Frnt Bch Rd
    DRIVE-THRU RESTAURANT, FAST FOOD

    12390 Frnt Bch Rd, Panama City Beach, FL 32407-3410

    $435,000
    Estimated value
    3,951 sqft 0.86 AC lot
    View details
    4900 Thomas Dr
    RESTAURANT

    4900 Thomas Dr, Panama City Beach, FL 32408-6920

    $225,000
    Estimated value
    1,604 sqft 0.10 AC lot
    View details
    4933 Thomas Dr
    RESTAURANT

    4933 Thomas Dr, Panama City Beach, FL 32408-6919

    $1,320,000
    Estimated value
    3,614 sqft 0.11 AC lot
    View details
    8795 Thomas Dr
    NIGHTCLUB (COCKTAIL LOUNGE)

    8795 Thomas Dr, Panama City Beach, FL 32408-4003

    $1,620,000
    Estimated value
    27,267 sqft 3.67 AC lot
    View details
    10031 Hutchison Blvd
    RESTAURANT

    10031 Hutchison Blvd, Panama City Beach, FL 32407-3827

    $360,000
    Estimated value
    5,280 sqft 1.23 AC lot
    View details
    7905 Frnt Bch Rd
    DRIVE-THRU RESTAURANT, FAST FOOD

    7905 Frnt Bch Rd, Panama City Beach, FL 32407-4816

    $1,600,000
    Estimated value
    2,174 sqft 1.46 AC lot
    View details
    4723 Thomas Dr
    NIGHTCLUB (COCKTAIL LOUNGE)

    4723 Thomas Dr, Panama City Beach, FL 32408-7322

    $1,500,000
    Estimated value
    6,063 sqft 0.06 AC lot
    View details
    2810 Thomas Dr
    RESTAURANT

    2810 Thomas Dr, Panama City Beach, FL 32408-6248

    $1,050,000
    Estimated value
    7,820 sqft 0.56 AC lot
    View details
    3010 Thomas Dr
    RESTAURANT

    3010 Thomas Dr, Panama City Beach, FL 32408-6229

    $265,000
    Estimated value
    4,160 sqft 0.24 AC lot
    View details
    17290 Frnt Bch Rd
    RESTAURANT

    17290 Frnt Bch Rd, Panama City Beach, FL 32413-2104

    $4,505,000
    Estimated value
    11,623 sqft 4.13 AC lot
    View details
    12810 Frnt Bch Rd
    NIGHTCLUB (COCKTAIL LOUNGE)

    12810 Frnt Bch Rd, Panama City Beach, FL 32407-3312

    $225,000
    Estimated value
    2,517 sqft 0.07 AC lot
    View details

    Panama City Beach, FL Restaurants Market Trends and Statistics

    Explore 72 restaurants for sale in Panama City Beach, FL, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 23,025 square feet of properties for sale, with an estimated market value of $8,199,750.

    Sale prices for restaurant properties in Panama City Beach, FL start at $305,865, averaging $1,639,950, and reaching up to $4,450,000 — 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

    Conventional restaurants 8
    Bars & Pubs 2
    Breakfast & diners 1

    Demographics Overview

    Population 71K
    Population Growth (5Y) +2,055.8%
    Median Household Income $72,438
    College Educated 42.8%

    High-Yield Neighborhoods for Investment

    Identify Panama City Beach submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    Panama City - 32408 $574.9K
    Panama City Beach - 32407 $2.4M

    Taxes & Financing

    Tax Rate (average for all types) 1.13%
    Property Tax per SF $14.55 per SF
    Tax Rate vs County Average 0.16 pp below 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 Beach fall within the 25,000 to 50,000 square foot range.

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    Browse Restaurants for Sale Near Panama City Beach, FL

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    Most Searched ZIP Codes in Panama City Beach, FL

    • 32413
    • 32407
    • 32408

    Featured Panama City Beach Real Estate Agencies

    Realmo connects you with licensed Panama City Beach CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    RC Real Estate Group
    10010 Hutchinson Blvd Panama City Beach, FL 32407
    Phone: 18502496100
    www.rcrealestategroup.com
    Pineapple Properties
    234 Middleburg Dr Panama City Beach, FL 32413
    Phone: 18508144640
    www.pineappleprop.com
    Beachy Beach Real Estate
    17747 AShley Dr Unit A Panama City Beach, FL 32413
    Phone: 18505275651
    www.beachybeach.com

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