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Panama City, FL Schools for Sale

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Historic School Property
Updated: Sep 3
Historic School Property

3001 W 15th Street, Panama City, FL 32401

$2,900,000
23,370 sqft 3.80 AC lot
3.8‑acre property occupying an entire city block
Original school building constructed in 1926
Cafeteria and library building constructed in 1957
New Decra Roofing System installed in 2025
Zoned Public Institutional within Panama City city limits
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Historic School Campus
Updated: Sep 3
Historic School Campus

3001 W 15th Street, Panama City, FL 32401

$2,900,000
3.80 AC lot
Approximately +/-23,387 square feet of heated and cooled space
Original school building constructed in 1926
Cafeteria and library building contains approximately +/-4,760 square feet and dates to 1957
3.8‑acre property occupying an entire city block
Decra Roofing System with ceramic‑coated steel shingles installed in 2025
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Historic School Property with New Roof
Historic School Property with New Roof

3001 W 15th Street, Panama City, FL 32401

$2,900,000
23,387 sqft

Historic institutional property offering substantial existing improvements for renovation and adaptive reuse.

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See what stands out in Bay County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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Historic School Redevelopment Site
Historic School Redevelopment Site

101 East 7th Street, Panama City, FL 32401

Contact for pricing
24,004 sqft 2.58 AC lot

NRHP-listed 1915 school building on a 2.58-acre site offers Opportunity Zone eligibility for historic redevelopment.

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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 4 Active listings in Panama City, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 1 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.

Commercial Land with Existing Improvements
Commercial Land with Existing Improvements

320 E Miracle Strip Parkway, Mary Esther, FL 32569

$9,600,000
892,109 sqft

Existing buildings are available for repurposing, subject to land-use approvals.

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Commercial Land With School Improvements
Commercial Land With School Improvements

320 E Miracle Strip Parkway, Mary Esther, FL 32569

$9,600,000
20.48 AC lot

Large redevelopment site with existing educational buildings and direct US Highway 98 exposure in Mary Esther.

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Church Campus with Gymnasium
Church Campus with Gymnasium

3661 Dauphin Street, Mobile, AL 36608

$28,500,000
155,312 sqft 19.31 AC lot

Multi-building institutional campus combines worship, education, recreation, and administrative facilities.

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Historic Building Redevelopment Opportunity
Historic Building Redevelopment Opportunity

800 St Louis St, Mobile, AL 36602

Contact for pricing
22,940 sqft

Two-story historic building for redevelopment in an Opportunity Zone.

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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.

Waterfront Development Land
Waterfront Development Land

Fonza Road, Panama City, FL 32409

$7,500,000
231.05 AC lot

Large waterfront tract with prior approvals for residential units and a school, plus nearby utilities.

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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.

5311 Fl-22
Schools

5311 Fl-22, Panama City, FL 32404

Estimated value:
by Request
4,004 sqft 0.71 AC lot
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Panama City, FL Schools Market Trends and Statistics

Explore 5 schools for sale in Panama City, FL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 70,761 square feet of properties for sale, with an estimated market value of $8,700,000.

Sale prices for school buildings & campuses in Panama City, FL average $2,900,000 — 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

NNN properties 5
Schools 5
Marinas 4
Aviation real estate 3
Day care centers 2

Demographics Overview

Population 154K
Population Growth (5Y) +1,132.7%
Median Household Income $71,237
College Educated 29.8%

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

Retail

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Panama City fall within the 50,000 to 100,000 square foot range.

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