Restaurants

Panama City Beach, FL Restaurants for Sale

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Panama City, FL Mexico Beach, FL Callaway, FL Port St Joe, FL Wewahitchka, FL Overstreet, FL
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.
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Retail Building on US Hwy 98
Updated: Nov 21, 2025
Retail Building on US Hwy 98

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

$4,450,000
High‑traffic location on Panama City Beach Parkway (US Hwy 98) with accessibility for both east and westbound traffic.
Large 3.67‑acre site with 153 parking spots.
Existing restaurant infrastructure including a full kitchen build‑out, (2) walk‑in coolers, and a full hood.
Proximity to Pier Park (approximately 1 mile), a major shopping, dining, and entertainment destination.
Freestanding retail building offering flexibility and visibility.
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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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See hot listings in Panama City Beach

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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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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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 4 Active listings in Panama City Beach, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 68 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.

Breakfast Restaurant Commercial Unit
Breakfast Restaurant Commercial Unit

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

$843,885
2,751 sqft

Two entrances connect the space with Thomas Drive and the lake.

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Retail Building with Outdoor Bar
Retail Building with Outdoor Bar

1000 Beck Avenue, Panama City, FL 32401

$3,195,000
7,618 sqft

Multi-unit retail building built in 1907 and renovated in 2021 with courtyard patio and outdoor bar space.

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Storefront Property with Drive-Through
Storefront Property with Drive-Through

13919 Highway 77, Southport, FL 32409

$900,000
1.24 AC lot

Adaptable commercial building with restaurant infrastructure, customer parking, and direct access from Highway 77.

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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.

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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.

Gulf-Front Commercial Land
Gulf-Front Commercial Land

14929 Front Beach Road, Panama City Beach, FL 32413

$6,250,000
0.82 AC lot

CH zoning and an existing seawall frame redevelopment potential on this beachfront parcel.

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Commercial Land with Road Frontage
Commercial Land with Road Frontage

1735 Thomas Drive, Panama City, FL 32408

$669,000
1.00 AC lot

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

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Commercial Land with Three-Road Access
Commercial Land with Three-Road Access

4810 W Highway 98, Panama City, FL 32401

$2,300,000
4.77 AC lot

General Commercial 2 zoning and a Gateway Overlay designation define the parcel’s commercial land-use framework.

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Commercial Land with Median Access
Commercial Land with Median Access

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

$2,450,000
2.02 AC lot

Commercially zoned site with direct access from a median cut and nearby retail, golf, and residential destinations.

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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

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

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

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

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

Estimated value: by Request
3,121 sqft 0.98 AC lot
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8014 Frnt Bch Rd
RESTAURANT

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

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

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

Estimated value: by Request
10,728 sqft 1.46 AC lot
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12390 Frnt Bch Rd
DRIVE-THRU RESTAURANT, FAST FOOD

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

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

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

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

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

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

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

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

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

Estimated value:
$360,000
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

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

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

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

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

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

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

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

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

Estimated value:
$4,505,000
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

Estimated value:
$225,000
2,517 sqft 0.07 AC lot
View details
559 Richard Jackson Blvd
DRIVE-THRU RESTAURANT, FAST FOOD

559 Richard Jackson Blvd, Panama City Beach, FL 32407-3616

Estimated value:
$1,000,000
1,636 sqft 0.27 AC lot
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2304 Thomas Dr
RESTAURANT

2304 Thomas Dr, Panama City Beach, FL 32408-5806

Estimated value:
$605,000
1,174 sqft 0.21 AC lot
View details
19817 Panama City Bch Pkwy
DRIVE-THRU RESTAURANT, FAST FOOD

19817 Panama City Bch Pkwy, Panama City Beach, FL 32413-8721

Estimated value:
$510,000
3,986 sqft 1.03 AC lot
View details
11501 Hutchison Blvd
RESTAURANT

11501 Hutchison Blvd, Panama City Beach, FL 32407-3746

Estimated value:
$10,300,000
12,739 sqft 5.01 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 4 active listings on our real estate platform. These investment opportunities span a total of 9,113 square feet of properties for sale, with an estimated market value of $7,050,000.

Sale prices for restaurant properties in Panama City Beach, FL start at $725,000, averaging $2,350,000, 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 4
Bars & Pubs 2
Turn key restaurants 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
32407 $1.9M
32413 $2.6M

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)

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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