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    Panama City, FL
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    Panama City, FL Retail Space for Sale

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    Commercial Property with Metal Building
    Updated: Jul 28, 2025
    Commercial Property with Metal Building

    922 N East Avenue, Panama City, FL 32401

    $435,000
    2,337 sqft 1.00 AC lot
    1‑acre commercial property with 132' frontage on N East Ave in General Commercial 1 zoning
    Includes a 3‑bedroom, 1.5‑bath residence on‑site, with a layout described as convertible to office or retail
    On‑site 30' x 40' metal building with underground electrical and a 400AMP 3‑phase circuit panel
    Metal building was previously used as a fabrication shop; remains equipped for industrial or commercial use
    Metal building sustained hurricane damage and will require a new roof
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    This listing looks promising.

    Here's a quick look at some key insights for

    922 N East Avenue, Panama City, FL 32401

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    • Est. Cap Rate

      6.2%
      Above avg (5.9%)

    • Est. NOI

      $27K
      Annual

    • Price @ 7% Cap

      $385K
      Suggested

    • Property Type

      Single Family Residence
      Built 1954
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    First-Floor Retail Condo in Mashburn
    Updated: Jan 16
    First-Floor Retail Condo in Mashburn

    436 Harrison Avenue, Panama City, FL 32401

    $1,200,000
    26,000 sqft 0.15 AC lot
    First‑floor commercial condo in The Mashburn Building at 436 Harrison Ave in Historic Downtown Panama City
    Under construction with Year Built 2025
    Concrete construction with rubber roof
    Heating: central and electric (heating)
    Accessible features include an accessible elevator and an accessible approach with ramp
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    Prime Commercial Panama City Location
    Prime Commercial Panama City Location

    2209 Thomas Dr, Panama City, FL 32408

    $1,490,000
    1.15 AC lot

    Office, retail, or restaurant opportunity in Panama City Beach.

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    Historic Downtown Panama City Retail
    Historic Downtown Panama City Retail

    436 Harrison Avenue #100, Panama City, FL 32401

    $1,200,000
    26,000 sqft 0.15 AC lot

    Premier commercial space in the iconic Mashburn Building.

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    Established Dive Shop Business Opportunity
    Established Dive Shop Business Opportunity

    1016 Thomas Drive, Panama City, FL 32408

    $285,000
    0.01 AC lot

    Turn-key dive shop for sale in Panama City Beach.

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    Panama City Land Opportunity
    Panama City Land Opportunity

    2515 E 15th Street, Panama City, FL 32405

    $1,825,000
    4.50 AC lot

    4.5 acre commercial property with flexible zoning.

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    Retail Building on Highway 77
    Retail Building on Highway 77

    3407 S Highway 77, Panama City, FL 32405

    $1,300,000
    3,600 sqft 2.10 AC lot

    2.1 acre property with retail building and warehouse storage.

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    Scenic 30A Commercial Space
    Scenic 30A Commercial Space

    20 Hub Lane #1-2, Inlet Beach, FL 32461

    $1,395,000
    528 sqft 0.01 AC lot

    Premier commercial space on Scenic 30A in South Walton County.

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    Corner Commercial Development Lot
    Corner Commercial Development Lot

    230 W 15th Street, Panama City, FL 32405

    $150,000
    0.58 AC lot

    Corner lot with 177 feet of frontage and visibility from 15th Street near the US 231/SR 30A flyover exit.

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    Retail Space in The Hub
    Retail Space in The Hub

    Panama City, FL

    $1,395,000
    264 sqft 0.04 AC lot

    264 SF retail space in high-traffic outdoor venue.

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    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.

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    Three-Level Retail Building
    Three-Level Retail Building

    551 Harrison Avenue, Panama City, FL 32401

    $1,800,000
    31,875 sqft

    Three-level retail building with an open floor plan, two main entrances, and a freight elevator.

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    Waterfront Development Opportunity
    Waterfront Development Opportunity

    3900 Marriott Dr, Panama City, FL

    $7,770,000
    125,000 sqft 4.35 AC lot

    4.32-acre site approved for 56 luxury condominiums and retail.

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    Versatile Land with Development Potential
    Versatile Land with Development Potential

    2515 East 15th Street, Panama City, FL 32405

    $1,825,000
    196,020 sqft 4.50 AC lot

    4.5+/- acres with flexible zoning and warehouse options.

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    Prime Commercial Space on Panama City Beach Parkway
    Prime Commercial Space on Panama City Beach Parkway

    17304 Panama City Beach Parkway, Panama City, FL 32413

    Contact for pricing
    5,319 sqft

    Sublease opportunity with high visibility and accessibility.

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    Retail Space with Dunkin' Co-Tenant
    Retail Space with Dunkin' Co-Tenant

    710 North Tyndall Parkway, Panama City, FL 32404

    Contact for pricing
    4,296 sqft

    Retail space available for lease with high traffic location.

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    Commercial
    Commercial

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

    $305,865
    1,001 sqft

    Conventional restaurants · 1,001 SF

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    Retail Property Near Highway Intersection
    Retail Property Near Highway Intersection

    2901 W 17th Street, Panama City, FL 32405

    $1,375,000

    Retail property for sale near the intersection of Beck Ave and Hwy 98 in Bay County, Florida.

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    Vanilla Retail/Office Space
    Vanilla Retail/Office Space

    2401 Ruth Hentz Avenue, Panama City, FL 32405

    Contact for pricing
    5,169 sqft

    Well-positioned professional space with vanilla shell delivery and new electrical, plumbing, and HVAC.

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    Investment Property with Redevelopment Potential
    Investment Property with Redevelopment Potential

    1711 S Thomas Drive, Panama City, FL 32408

    $1,750,000
    2,700 sqft

    Retail and residential income property with redevelopment opportunities.

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    Highway 77 Commercial Property
    Highway 77 Commercial Property

    3407 S Highway 77, Panama City, FL 32405

    $2,495,000
    7,200 sqft 4.20 AC lot

    4.2-acre property with retail buildings and redevelopment potential.

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    Highway 77 Retail Property
    Highway 77 Retail Property

    3407 S Highway 77, Panama City, FL 32405

    $1,300,000
    3,600 sqft 2.10 AC lot

    2.1-acre property with retail building and highway frontage.

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

    Off-Market Properties in Panama City, FL

    Consider similar Off-Market properties in Panama City, 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.

    24 Hub Ln
    RETAIL STORES (PERSONAL SERVICES)

    24 Hub Ln, Inlet Beach, FL 32461-0835

    Value Estimation by Request
    360 sqft 0.01 AC lot
    View details
    2509 15th St
    RETAIL STORES (PERSONAL SERVICES)

    2509 15th St, Panama City, FL 32405-6349

    $610,000
    Estimated value
    6,582 sqft 3.74 AC lot
    View details

    Panama City, FL Retail Space Market Trends and Statistics

    Explore 72 retail space for sale in Panama City, FL, showcased through 22 active listings on our real estate platform. These investment opportunities span a total of 428,876 square feet of properties for sale, with an estimated market value of $25,014,750.

    Sale prices for retail space in Panama City, FL start at $305,865, averaging $1,786,767, and reaching up to $7,770,000 — 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 20
    Storefront properties 12
    Automotive properties 10
    Auto shops 6
    Showrooms 4

    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
    32404 $389.6K
    32408 $895.6K
    32401 $990K
    32405 $1.7M

    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

    Residential Income

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