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Panama City, FL Schools for Sale

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Historic School Redevelopment Site
Updated: Apr 1, 2019
Historic School Redevelopment Site

101 East 7th Street, Panama City, FL 32401

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24,004 sqft 2.58 AC lot
Historic Panama Grammar School building built in 1915; individually listed on the National Register of Historic Places (NRHP).
Three‑story concrete and brick educational building on a 2.58‑acre site.
Property sits in a Qualified Census Tract with eligibility for Opportunity Zone (OZ) incentives.
Publicly referenced redevelopment concept: renovation into up to 25 multifamily units and potential new infill residential construction on remaining site.
Location at the intersection of Harrison Avenue and East 7th Street in Historic Downtown Panama City.
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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 1 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 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.

Former School Facility with Courtyard
Former School Facility with Courtyard

3500 McInnis Road, Montgomery, AL 36116

$1,250,000
27,616 sqft

Former school building with extensive interior circulation, multiple restrooms, cafeteria, and a central outdoor basketball courtyard.

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Former School Facility
Former School Facility

3500 McInnis Road 8, Montgomery, AL 36116

$1,250,000
27,616 sqft 3.50 AC lot

Versatile former school with expansive interiors, high-traffic corridors, and outdoor recreation space for education or healthcare use.

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Renovated Two-Story Office Building
Renovated Two-Story Office Building

1313 N GADSDEN ST, Tallahassee, FL 32303

Contact for pricing
2,486 sqft 0.21 AC lot

Fully renovated two-story historic building with restored hardwood floors upstairs and polished concrete below in Tallahassee Midtown.

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Zoned OR-2 School/Religious Site
Zoned OR-2 School/Religious Site

2519 Hartsfield, Tallahassee, FL 32303

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2,164 sqft 5.00 AC lot

Five-acre property includes a 2,164 SF brick house and is zoned OR-2.

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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 Opportunity in Panama
Waterfront Development Opportunity in Panama

Fonza Road, Panama City, FL 32409

$7,500,000
231.05 AC lot

231-acre waterfront property with development potential near major landmarks.

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Zoned R-3 Residential Development Land
Zoned R-3 Residential Development Land

Capital Circle NW, Tallahassee, FL 32303

$210,000
7.00 AC lot

Heavily wooded, level-topped 7-acre site with R-3 entitlement for up to 56 units.

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Ochlocknee Commercial Buildings and Land
Ochlocknee Commercial Buildings and Land

7010 E Railroad St., Ochlocknee, GA 31738

$179,000
16,345 sqft 10.00 AC lot

10-acre property with four commercial buildings in Ochlocknee, Georgia.

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Pelham Commercial Land For Sale
Pelham Commercial Land For Sale

HIGHWAY 33, Pelham, AL 35124

$480,000
5.27 AC lot

5.27 acres in high-traffic area with highway and interstate exposure.

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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

Value Estimation by Request
4,004 sqft 0.71 AC lot
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Panama City, FL Schools Market Trends and Statistics

Explore 2 schools for sale in Panama City, FL on our real estate platform. These investment opportunities span a total of 24,004 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

NNN properties 8
Marinas 6
Churches & religious facilities 2
Day care centers 2
Schools 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

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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