Specialty

Panama City, FL Specialty Properties for Sale

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30 properties
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Waterfront Community with Marina
Updated: Dec 5, 2025
Waterfront Community with Marina

240 Harmon Avenue, Panama City, FL 32401

$6,197,500
29,796 sqft 1.05 AC lot
Waterfront community featuring a 22‑slip marina.
22 units fully renovated in 2020**, including upgraded mechanicals and new roofs.
Located in Downtown Panama City's revitalization area with improved walkability and waterfront development.
History of consistently high occupancy.
Income‑generating on‑site laundry facility.
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This listing looks promising.

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240 Harmon Avenue, Panama City, FL 32401

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Office Building with Multiple Entrances
Updated: Mar 6
Office Building with Multiple Entrances

854 Magnolia Avenue, Panama City, FL 32401

$775,000
1,708 sqft 0.64 AC lot
0.64‑acre lot with 1,708 square feet of office space
Two large suites, each with a gas fireplace, walk‑in closet, and custom tiled‑shower bath
Private entrances for each suite to support accessibility and potential separate use
Remodeled interior with newly refinished hardwood floors and cathedral ceilings
HVAC and water heaters within 3 years old and warrantied
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Entitled Waterfront Development Site
Entitled Waterfront Development Site

305 E Beach Drive, Panama City, FL 32401

$4,500,000
3.25 AC lot

Entitled mixed-use waterfront land with direct Massalina Bayou frontage and recorded development agreement.

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Waterfront Marina With Wet Slips
Waterfront Marina With Wet Slips

1524 E 5th, Business 98 Street, Panama City, FL 32401

$1,850,000
1.36 AC lot

Waterfront marina property with powered wet slips, dock improvements, and access to Watson Bayou.

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LAND - Panama City, FL
LAND - Panama City, FL

12821 Airway Street, Panama City, FL 32404

$43,000
0.79 AC lot

Residential land & home lots · 0.79 Acres

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Circle K NNN Ground Lease
Circle K NNN Ground Lease

4645 Lindsey Xing, Panama City, FL 32404

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3,956 sqft

New 15-year NNN ground lease with rental increases.

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Centrally Located Commercial Land
Centrally Located Commercial Land

0000 E E 19th Street, Panama City, FL 32405

$178,000
0.41 AC lot

Centrally located property ideal for small business or trades company.

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Cookies Cannabis Dispensary For Sale
Cookies Cannabis Dispensary For Sale

226 W 23rd St, Panama City, FL 32405

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2,245 sqft

Single tenant Cookies Cannabis Dispensary in Panama City, Florida.

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Waterfront Community with Marina
Waterfront Community with Marina

240 Harmon Avenue, Panama City, FL 32401

$6,185,000
1.06 AC lot

34-unit waterfront community with 22-slip marina in Panama City.

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Specialty Property for Sale
Specialty Property for Sale

8524 Surf Drive, Panama City, FL 32408

$3,400,000

For sale specialty property on Surf Drive in Bay County, Florida.

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Established Business on 1.6 Acres
Established Business on 1.6 Acres

1916 Sherman Avenue, Panama City, FL 32405

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1.60 AC lot

Turnkey business opportunity with inventory and real estate included.

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High Traffic Corner Lot
High Traffic Corner Lot

Lot 7 E Tyndall South Parkway, Panama City, FL 32404

$799,900
1.69 AC lot

Corner lot on Hwy 98 with high traffic.

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Unique Waterfront Property on Lake
Unique Waterfront Property on Lake

4820 N Lakewood Drive, Panama City, FL 32404

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5,010 sqft

Versatile waterfront property suitable for various uses or residence.

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Specialty Land Site
Specialty Land Site

3645 Transmitter Road, Panama City, FL 32404

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0.58 AC lot

0.58-acre parcel offered for sale as a specialty commercial land opportunity.

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Commercial Land Parcel
Commercial Land Parcel

2160 Sherman Avenue, Panama City, FL 32405

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1.61 AC lot

1.61-acre commercial land parcel available for sale.

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Bayou George Heights Potential Property
Bayou George Heights Potential Property

5528 Adalee Rd, Panama City, FL 32404

$139,000
1.43 AC lot

1.43-acre property near Tyndall AFB with development potential.

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Specialty Investment Property
Specialty Investment Property

306 S Tyndall Pkwy, Panama City, FL 32404

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For sale specialty property with provisions for 2% annual rental escalations.

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Commercial Space Near Hathaway Bridge
Commercial Space Near Hathaway Bridge

2304 Grant Avenue, Panama City, FL 32405

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15,000 sqft 0.75 AC lot

15,000 sq ft building with direct access to 23rd Street.

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NNN KFC with Drive-Up Window
NNN KFC with Drive-Up Window

427 S. Tyndall Parkway, Panama City, FL 32404

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Fee simple absolute net leased KFC includes a drive-up window and direct exposure along South Tyndall Parkway.

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Retail Space in Panama City
Retail Space in Panama City

1000 E 23rd St A-1 Street, Panama City, FL 32405

$59,999

Retail space available for sale in Panama City, Florida.

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Corner Lot with Ice Vending
Corner Lot with Ice Vending

6812 Thomas Drive, Panama City, FL 32408

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Corner lot offering street frontage on two roads, near beach access points, with an ice vending machine that can be removed.

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Commercial Lot Near Tyndall AFB
Commercial Lot Near Tyndall AFB

340 N Tyndall Parkway, Panama City, FL 32404

$295,000
1,884 sqft 0.29 AC lot

Commercial lot with concrete structure near Tyndall Air Force Base.

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Residential Airpark Lot For Sale
Residential Airpark Lot For Sale

13033 Airway Street, Panama City, FL 32404

$43,000
0.79 AC lot

Gated airpark community lot with runway access available for purchase.

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Residential Airpark Runway Lot
Residential Airpark Runway Lot

12842 Airway Street, Panama City, FL 32404

$48,000
0.75 AC lot

Gated airpark community with runway access for custom home.

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Panama City, FL Specialty Properties Market Trends and Statistics

Explore 72 specialty properties for sale in Panama City, FL, showcased through 30 active listings on our real estate platform. These investment opportunities span a total of 83,603 square feet of properties for sale, with an estimated market value of $24,561,399.

Sale prices for properties in Panama City, FL start at $43,000, averaging $1,637,426, and reaching up to $6,197,500 — 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

Marinas 7
NNN properties 6
Aviation real estate 3
Churches & religious facilities 3
Schools 2

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
Panama City $2.2M
Tallahassee $4M

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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