Retail

Panama City, FL Retail Space for Sale

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Corner Storefront Building
Updated: Sep 23, 2025
Corner Storefront Building

4018 W Hwy 98 Street, Panama City, FL 32405

$995,000
3,706 sqft 0.55 AC lot
3,706‑square‑foot storefront building on a 0.55‑acre property
Approximately 50 +/- parking spaces on site
Corner‑lot position along Hwy 98
Existing commercial signage in place
Concrete construction with concrete flooring
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Three-Level Retail Building
Updated: Jul 17, 2025
Three-Level Retail Building

551 Harrison Avenue, Panama City, FL 32401

$1,800,000
31,875 sqft 0.24 AC lot
Three‑level retail building at 551 Harrison Avenue, Panama City, FL 32401
0.24‑acre site in Downtown Panama City
Open‑plan interior with multiple business access points
Separate upper‑floor entrance from Harrison Avenue
Freight elevator and accessible elevator installed
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Mixed-Use Commercial Building
Mixed-Use Commercial Building

2209 Thomas Dr, Panama City, FL 32408

$1,490,000
1.15 AC lot

Open interior areas and private rooms support flexible office, dining, or retail configurations.

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See hot listings in Panama City

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
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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Dive-Focused Retail Space
Dive-Focused Retail Space

1016 Thomas Drive, Panama City, FL 32408

$285,000
0.01 AC lot

Business-only offering with retail inventory, rental equipment, website, POS system, and established certification accounts.

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Retail Space with Covered Storage
Retail Space with Covered Storage

3407 S Highway 77, Panama City, FL 32405

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

Metal building with finished interior, rear vacant land, highway frontage, and access from two points.

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Commercial Land with Highway Frontage
Commercial Land with Highway Frontage

2822 Martin Luther King Jr Blvd Avenue, Panama City, FL 32405

$1,350,000
2.90 AC lot

Dual access from Highway 77 and N MacArthur Ave, with power, water and sewer available.

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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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Penthouse Retail Condominium Unit
Penthouse Retail Condominium Unit

9860 S Thomas Drive C-10, Panama City, FL 32408

Contact for pricing
1,536 sqft

Upper-level condominium unit with existing plumbing, electrical service, and HVAC for commercial or residential build-out.

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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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Corner Storefront with New HVAC
Corner Storefront with New HVAC

4018 W 18th St, Panama City, FL 32405

Contact for pricing
2,980 sqft

Commercial building along Hwy 98 with a corner-lot footprint, parking capacity, and a recently replaced roof.

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First-Floor Retail & Restaurant Condo
First-Floor Retail & Restaurant Condo

100-436 Harrison Ave, Panama City, FL 32401

$1,200,000

First-floor commercial condo in The Mashburn Building with retail and restaurant use, under construction in downtown Panama City.

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Established Dive Shop Business
Established Dive Shop Business

104-1016 Thomas Dr, Panama City, FL 32408

$285,000

Operating coastal dive business with retail inventory, rental equipment, website, POS system, and commercial certification accounts.

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Investment Property with Redevelopment Potential
Investment Property with Redevelopment Potential

1711 S Thomas Drive, Panama City, FL 32408

Contact for pricing
2,700 sqft

Retail and residential income property with redevelopment opportunities.

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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.

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Prime Highway 77 Commercial Property
Prime Highway 77 Commercial Property

3407 Hwy 77, Panama City, Panama City, FL 32405

Contact for pricing
7,200 sqft 4.20 AC lot

4.2-acre commercial property on Hwy 77 with redevelopment potential.

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Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 16 Active listings in Panama City, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 56 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

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

Prime Retail Condo on 30A
Prime Retail Condo on 30A

2050 County Road 30A, Santa Rosa Beach, FL 32459

Contact for pricing
4,877 sqft

Excellent condition, strong traffic, long-term tenant, great investment opportunity.

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Flex Space with Loading Dock
Flex Space with Loading Dock

7811 Panama City Beach Parkway, Panama City Beach, FL 32407

$1,995,000
0.67 AC lot

C-3 General Commercial property with an open layout, warehouse area, and direct access from Panama City Beach Parkway.

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End-Cap Retail Storefront
End-Cap Retail Storefront

101-4368 W County Highway 30a, Santa Rosa Beach, FL 32459

$1,495,000

End-cap retail storefront with dedicated patron parking and prominent positioning on Scenic 30A.

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Retail Suite with Roll-Up Door
Retail Suite with Roll-Up Door

1906 Cauley Ave, Panama City Beach, FL 32407

Contact for pricing

Enclosed retail area with roll-up door plus office space and an upstairs loft for additional storage.

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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

Estimated value:
$265,000
360 sqft 0.01 AC lot
View details
2509 15th St
RETAIL STORES (PERSONAL SERVICES)

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

Estimated value:
$225,000
6,582 sqft 3.74 AC lot
View details
1113 Saint Andrews Blvd
RETAIL STORES (PERSONAL SERVICES)

1113 Saint Andrews Blvd, Panama City, FL 32405-2164

Estimated value:
$215,000
7,504 sqft 2.00 AC lot
View details
1217 Harrison Ave
RETAIL STORES (PERSONAL SERVICES)

1217 Harrison Ave, Panama City, FL 32401-2432

Estimated value:
$730,000
7,505 sqft 0.35 AC lot
View details
2708 15th St
RETAIL STORES (PERSONAL SERVICES)

2708 15th St, Panama City, FL 32405-6354

Estimated value:
$885,000
4,112 sqft 2.04 AC lot
View details
2810 Martin Luther King Jr Blvd Ste A
RETAIL STORES (PERSONAL SERVICES)

2810 Martin Luther King Jr Blvd Ste A, Panama City, FL 32405-4498

Estimated value:
$1,365,000
5,400 sqft 0.86 AC lot
View details
2318 Jenks Ave
RETAIL STORES (PERSONAL SERVICES)

2318 Jenks Ave, Panama City, FL 32405-4300

Estimated value:
$150,000
6,061 sqft 0.54 AC lot
View details
2296 Martin Luther King Jr Blvd
RETAIL STORES (PERSONAL SERVICES)

2296 Martin Luther King Jr Blvd, Panama City, FL 32405-5321

Estimated value:
$1,770,000
5,746 sqft 0.74 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 16 active listings on our real estate platform. These investment opportunities span a total of 71,862 square feet of properties for sale, with an estimated market value of $14,043,885.

Sale prices for retail space in Panama City, FL start at $285,000, averaging $1,276,716, and reaching up to $3,195,000 — 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 21
Storefront properties 19
Automotive properties 15
Auto shops 8
Grocery and convenience stores 3

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 $374.7K
32408 $726K
32405 $1.1M
32401 $1.8M

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)

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