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    Panama City Beach, FL Retail Properties & Spaces for Sale

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    Masonry Retail & Restaurant Building
    Updated: Oct 11, 2025
    Masonry Retail & Restaurant Building

    6908 Thomas Drive, Panama City Beach, FL 32408

    $1,900,000
    6,985 sqft 0.54 AC lot
    0.54‑acre Gulf‑view commercial lot with 100 ft of frontage on Thomas Drive and extending 235 ft through to Beach Drive
    6,985 SF building (concrete block) with metal roof; central electric HVAC; built in 1979
    Zoned C‑1 Neighborhood Commercial (density up to 15 units/acre; max building height 35 ft; setbacks 20 ft front/rear, 5 ft side)
    Previously operated as a bar/restaurant; second floor includes 3 office/storage rooms and additional bathrooms
    Recently completed build‑out with new HVAC system
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    This listing looks promising.

    Here's a quick look at some key insights for

    6908 Thomas Drive, Panama City Beach, FL 32408

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    • Est. Cap Rate

      4.6%
      NOI ÷ price

    • Est. NOI

      $88K
      Annual

    • Mortgage

      $820K
      Nov 2021

    • Last Sold

      Nov 2021
      $1M

    • Property Type

      Retail Stores
      Built 1979
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    Vacant Retail Storefront with Frontage
    Updated: Apr 18
    Vacant Retail Storefront with Frontage

    16610 Front Beach Road, Panama City Beach, FL 32413

    $749,000
    1,400 sqft 0.13 AC lot
    Zoned Commercial High Intensity
    50 ft Front Beach Road frontage, just west of Pier Park and east of Hwy 79
    Roof replaced in 2022
    Electrical updated within the past 10 years
    Block construction with concrete flooring
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    Turnkey Specialty Retail Business
    Turnkey Specialty Retail Business

    9000 Panama City Beach Parkway, Panama City Beach, FL 32407

    $1,250,000

    Includes business goodwill, inventory, fixtures, and equipment for immediate owner-operator or entrepreneur use.

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    Retail/Office Building on Thomas Drive
    Retail/Office Building on Thomas Drive

    1114-1120 Thomas Drive, Panama City Beach, FL 32408

    $2,200,000
    7,487 sqft 1.00 AC lot

    Class A building with two units and ample parking.

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    Prime Commercial Land Opportunity
    Prime Commercial Land Opportunity

    Hutchison Boulevard, Panama City Beach, FL 32407

    $900,000
    0.92 AC lot

    Two adjoining parcels near Pier Park, Panama City Beach.

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    Corner Lot Commercial Land
    Corner Lot Commercial Land

    Panama City Beach Parkway, Panama City Beach, FL 32413

    $1,750,000
    0.46 AC lot

    High-visibility corner parcel along Panama City Beach Parkway, zoned Plaza Commercial.

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    Commercial Development Site with Warehouse
    Commercial Development Site with Warehouse

    8308 Panama City Beach Parkway, Panama City Beach, FL 32407

    $4,400,000
    5.40 AC lot

    GC-3 zoned site with 345 feet of frontage and an attached 9,180-square-foot warehouse and office-showroom building.

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    Ground-Floor End-Unit Office Condo
    Ground-Floor End-Unit Office Condo

    1101-8730 Thomas Dr, Panama City Beach, FL 32408

    $599,999
    2,482 sqft

    Fully built-out end unit with abundant windows, on-site parking, and close proximity to the beach in St. Thomas Square.

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    Gulf View Commercial Property
    Gulf View Commercial Property

    6908 Thomas Drive, Panama City Beach, FL 32408

    $1,900,000
    6,985 sqft 0.54 AC lot

    Prime commercial property with Gulf views and development potential.

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    Turnkey Convenience Store For Sale
    Turnkey Convenience Store For Sale

    7624 Front Beach Rd, Panama City Beach, FL 32408

    $2,600,000
    3,200 sqft

    Operational convenience store with high visibility and traffic exposure.

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    Panama City Beach Parkway Retail
    Panama City Beach Parkway Retail

    12216 Panama City Beach Parkway, Panama City Beach, FL 32407

    $2,855,000
    13,125 sqft 1.54 AC lot

    13,125 SF strip center on 1.54 acres.

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    Prime Panama City Beach Commercial Property
    Prime Panama City Beach Commercial Property

    515 Evergreen Street, Panama City Beach, FL 32407

    $1,200,000
    5,915 sqft 0.22 AC lot

    High-visibility commercial property near the beach in a thriving area.

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    Retail Property on High-Traffic Highway
    Retail Property on High-Traffic Highway

    8406 Panama City Beach Parkway, Panama City Beach, FL 32407

    $3,985,000
    12,622 sqft 3.00 AC lot

    Retail property with high visibility and income-generating potential.

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    Daybreak Market, Car Wash, Gas
    Daybreak Market, Car Wash, Gas

    7625 Front Beach Rd, Panama City Beach, FL 32407

    $11,500,000
    6,365 sqft 2.00 AC lot

    Net-leased Panama City property with long-term tenant.

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    Panama City Beach Redevelopment Site
    Panama City Beach Redevelopment Site

    8602 Thomas Dr, Panama City Beach, FL 32408

    $2,500,000

    2-acre redevelopment site on Thomas Drive near beach access.

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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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    Retail Storefront in Panama Plaza
    Retail Storefront in Panama Plaza

    205-17320 Panama City Beach Pkwy, Panama City Beach, FL 32407

    $188,765

    For-sale storefront in Panama Plaza with owner financing; tenant pays electricity, internet, and phone.

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    Retail Storefront Property
    Retail Storefront Property

    11770 Panama City Beach Parkway, Panama City Beach, FL 32407

    $2,250,000

    For-sale retail storefront property in Panama City Beach, suited for small retailers and investors.

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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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    Prime Location Commercial Building
    Prime Location Commercial Building

    16901 Pc Bch Parkway, Panama City Beach, FL 32413

    $4,950,000
    12,916 sqft 1.10 AC lot

    Three-story building with additional lot for expansion or parking.

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    Prime Commercial Property, Panama City Beach
    Prime Commercial Property, Panama City Beach

    9001 Front Beach Road, Panama City Beach, FL 32408

    $3,400,000
    3,928 sqft 3.57 AC lot

    3.5+ acre commercial property with high visibility and ample parking.

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    Gulf Front Panama City Beach
    Gulf Front Panama City Beach

    15191 Front Beach Road, Panama City Beach, FL 32413

    Contact for pricing

    Master-planned mixed-use development with Gulf frontage in Panama City Beach.

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    Based on your search, we've compiled Potential Opportunities for your consideration. Besides 22 Active Listings in Panama City Beach, FL, we suggest to view alternatives - similar 50 Off-Market properties to explore as potential leads.

    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.

    8426 Thomas Dr
    RETAIL STORES (PERSONAL SERVICES)

    8426 Thomas Dr, Panama City Beach, FL 32408-4726

    Value Estimation by Request
    2,796 sqft 0.17 AC lot
    View details
    20303 Panama City Bch Pkwy
    RETAIL STORES (PERSONAL SERVICES)

    20303 Panama City Bch Pkwy, Panama City Beach, FL 32413-3728

    Value Estimation by Request
    4,240 sqft 0.30 AC lot
    View details

    Panama City Beach, FL Retail Properties & Spaces Market Trends and Statistics

    Explore 72 retail properties & spaces for sale in Panama City Beach, FL, showcased through 22 active listings on our real estate platform. These investment opportunities span a total of 83,410 square feet of properties for sale, with an estimated market value of $37,838,999.

    Sale prices for stores in Panama City Beach, FL start at $599,999, averaging $3,153,249, and reaching up to $11,500,000 — 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

    Shopping centers 9
    Storefront properties 9
    Showrooms 6
    Automotive properties 3
    Gas stations 2

    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 $2.1M
    Panama City Beach $2.2M

    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

    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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