Panama City Beach, FL Storefront Properties for Sale

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Updated: Oct 11, 2025

Masonry Retail & Restaurant Building

6908 Thomas Drive, Panama City Beach, FL 32408

$1,900,000

6,985 sqft 0.54 AC lot

0.54‑acre Gulf‑view commercial lot with 100 ft of frontage on Thomas Drive and extending 235 ft through to Beach Drive
6,985 SF building (concrete block) with metal roof; central electric HVAC; built in 1979
Zoned C‑1 Neighborhood Commercial (density up to 15 units/acre; max building height 35 ft; setbacks 20 ft front/rear, 5 ft side)
Previously operated as a bar/restaurant; second floor includes 3 office/storage rooms and additional bathrooms
Recently completed build‑out with new HVAC system

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This listing looks promising.

Here's a quick look at some key insights for

6908 Thomas Drive, Panama City Beach, FL 32408

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Est. Cap Rate

4.6%
NOI ÷ price
Est. NOI

$88K
Annual
Mortgage

$820K
Nov 2021
Last Sold

Nov 2021
$1M
Property Type

Retail Stores
Built 1979

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Updated: Apr 18

Vacant Retail Storefront with Frontage

16610 Front Beach Road, Panama City Beach, FL 32413

$749,000

1,400 sqft 0.13 AC lot

Zoned Commercial High Intensity
50 ft Front Beach Road frontage, just west of Pier Park and east of Hwy 79
Roof replaced in 2022
Electrical updated within the past 10 years
Block construction with concrete flooring

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Turnkey Specialty Retail Business

9000 Panama City Beach Parkway, Panama City Beach, FL 32407

$1,250,000

Includes business goodwill, inventory, fixtures, and equipment for immediate owner-operator or entrepreneur use.

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Gulf View Commercial Property

6908 Thomas Drive, Panama City Beach, FL 32408

$1,900,000

6,985 sqft 0.54 AC lot

Prime commercial property with Gulf views and development potential.

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Panama City Beach Redevelopment Site

8602 Thomas Dr, Panama City Beach, FL 32408

$2,500,000

2-acre redevelopment site on Thomas Drive near beach access.

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Retail Storefront in Panama Plaza

205-17320 Panama City Beach Pkwy, Panama City Beach, FL 32407

$188,765

For-sale storefront in Panama Plaza with owner financing; tenant pays electricity, internet, and phone.

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Retail Storefront Property

11770 Panama City Beach Parkway, Panama City Beach, FL 32407

$2,250,000

For-sale retail storefront property in Panama City Beach, suited for small retailers and investors.

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Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 7 Active listings in Panama City Beach, 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.

Gulf View Commercial Property

6908 Thomas Dr, Panama City, FL

$1,900,000

6,985 sqft 0.95 AC lot

Prime commercial opportunity near the Gulf of America.

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Established Furniture Store Business

5022 HWY 22, Callaway, Callaway, FL 32404

$125,000

3,430 sqft 0.47 AC lot

Operating furniture and home decor business for sale in Callaway.

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Renovated Retail Building with Charm

5022 HWY 22, Callaway, Callaway, FL 32404

$398,000

3,430 sqft 0.47 AC lot

Charming, renovated retail building with multiple entrances and parking.

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Versatile Commercial Building For Sale

2209 Thomas Drive, Panama City, FL 32408

$1,490,000

2,430 sqft 1.15 AC lot

Former bank building suitable for office, restaurant, or retail.

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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.

Prime Commercial Site Front Beach

8600 Front Beach Road, Panama City Beach, FL 32407

$549,000

11,805 sqft 0.27 AC lot

Exceptional visibility, flexible zoning, ideal for office or medical development.

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Prime Commercial Parcel in Panama

Hutchison Boulevard, Panama City Beach, FL 32407

$875,000

2.70 AC lot

2.7-acre commercial parcel on Hutchinson Beach Road.

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Prime Commercial Parcel on Parkway

Panama City Beach Parkway, Panama City Beach, FL 32407

$2,490,000

2.20 AC lot

2.2-acre commercial parcel on Panama City Beach Parkway.

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Prime Development Opportunity in Panama

4810 W Highway 98, Panama City, FL 32401

$2,300,000

4.77 AC lot

4.77 acre commercial parcel in a prime location.

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Off-Market Properties in Panama City Beach, FL

Consider similar Off-Market properties in Panama City Beach, 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.

Individual retail properties

8700 Thomas Dr, Panama City Beach, FL 32408

Value Estimation by Request

2,482 sqft

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Panama City Beach, FL Storefront Properties Market Trends and Statistics

Explore 8 storefront properties for sale in Panama City Beach, FL, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 15,370 square feet of properties for sale, with an estimated market value of $4,549,000.

Sale prices for retail units in Panama City Beach, FL start at $749,000, averaging $1,516,333, and reaching up to $1,900,000 — 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

Demographics Overview

Population 71K

Population Growth (5Y) +2,055.8%

Median Household Income $72,438

College Educated 42.8%

High-Yield Neighborhoods for Investment

Identify Panama City Beach submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
Panama City Beach	$1.9M
Panama City	$2.1M

Taxes & Financing

Tax Rate (average for all types) 1.13%

Property Tax per SF $14.55 per SF

Tax Rate vs County Average 0.16 pp below 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 Beach fall within the 25,000 to 50,000 square foot range.

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Panama City Beach, FL Storefront Properties for Sale

6908 Thomas Drive, Panama City Beach, FL 32408

16610 Front Beach Road, Panama City Beach, FL 32413

9000 Panama City Beach Parkway, Panama City Beach, FL 32407

6908 Thomas Drive, Panama City Beach, FL 32408

8602 Thomas Dr, Panama City Beach, FL 32408

205-17320 Panama City Beach Pkwy, Panama City Beach, FL 32407

11770 Panama City Beach Parkway, Panama City Beach, FL 32407