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    Panama City, FL Storefront Properties for Sale

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    First-Floor Retail Condo in Mashburn
    Updated: Jan 16
    First-Floor Retail Condo in Mashburn

    436 Harrison Avenue, Panama City, FL 32401

    $1,200,000
    26,000 sqft 0.15 AC lot
    First‑floor commercial condo in The Mashburn Building at 436 Harrison Ave in Historic Downtown Panama City
    Under construction with Year Built 2025
    Concrete construction with rubber roof
    Heating: central and electric (heating)
    Accessible features include an accessible elevator and an accessible approach with ramp
    View details
    Versatile Commercial Building in Downtown
    Updated: Jul 17, 2025
    Versatile Commercial Building in Downtown

    551 Harrison Avenue, Panama City, FL 32401

    $1,800,000
    31,875 sqft 0.24 AC lot
    30,000 Sq Ft commercial building with versatile open floor plan.
    Two main floor entrances (Harrison Ave & Grace Ave) for flexible customer/operational flow.
    Readily available public parking on Harrison Avenue and at the rear of the building.
    Freight elevator for convenient material handling.
    Additional front entrance to the top floor, suitable for multi‑business use.
    View details
    Well-Maintained Retail Storefront Building
    Well-Maintained Retail Storefront Building

    1415 Gulf Avenue, Panama City, FL 32401

    $415,000
    3,375 sqft 0.05 AC lot

    Well-maintained storefront building offers flexible interior space for retail or professional office use in a high-visibility setting.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Gulf View Commercial Property
    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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    Commercial Waterfront Development Land
    Commercial Waterfront Development Land

    4402 HIGHWAY 2321, Panama City, FL 32404

    $350,000
    3.50 AC lot

    3.5-acre waterfront site currently used as a bait shop, zoned AG-2 in unincorporated Bay County.

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    Retail Building on Gulf Avenue
    Retail Building on Gulf Avenue

    1415 Gulf Avenue, Panama City, FL 32401

    $415,000
    3,375 sqft 0.05 AC lot

    Well-maintained retail building with high visibility and versatile layout.

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    Profitable Boutique Business Opportunity
    Profitable Boutique Business Opportunity

    448 Harrison Avenue #A, Panama City, FL 32401

    $55,000
    4,302 sqft

    Turnkey coastal boutique with local draw and scalable digital potential.

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    High-Traffic Corner Property For Sale
    High-Traffic Corner Property For Sale

    1216 N Martin Luther King Jr Boulevard, Panama City, FL 32401

    $229,900
    912 sqft 0.11 AC lot

    Centrally located property with high visibility and versatile potential.

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    Ground Floor Retail Storefront Space
    Ground Floor Retail Storefront Space

    12805 E Us-98 Unit I101, Inlet Beach, FL 32461

    Contact for pricing
    2,246 sqft

    Bright, open retail suite with 8-foot perimeter windows and dedicated signage along a major highway corridor.

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    Versatile Commercial Building For Sale
    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.

    View details
    Based on your search, we've compiled 20 Potential Opportunities for your consideration. Besides 10 Active listings in Panama City, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 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
    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.

    View details
    Established Furniture Store Business
    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.

    View details
    Renovated Retail Building with Charm
    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.

    View details
    Retail Storefront in Panama Plaza
    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.

    View details

    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.

    Neighborhood Commercial Development Lot
    Neighborhood Commercial Development Lot

    508 E 11th Street, Panama City, FL 32401

    Contact for pricing
    0.12 AC lot

    This for-sale lot is zoned Neighborhood Commercial with permitted duplex and single-family uses.

    View details
    Prime Development Opportunity in Panama
    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.

    View details
    Retail Building on Highway 77
    Retail Building on Highway 77

    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 warehouse storage.

    View details
    Panama City Commercial Land Available
    Panama City Commercial Land Available

    2515 E 15th Street, Panama City, FL 32405

    $1,825,000
    4.50 AC lot

    4.5+/- acres of commercial land with flexible zoning.

    View details

    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.

    3407 Fl-77
    Individual retail properties

    3407 Fl-77, Panama City, FL 32405

    Value Estimation by Request
    7,200 sqft 4.20 AC lot
    View details
    500 Hawkins Ave
    Lifestyle centers

    500 Hawkins Ave, Panama City, FL 32405

    Value Estimation by Request
    31,540 sqft
    View details

    Panama City, FL Storefront Properties Market Trends and Statistics

    Explore 12 storefront properties for sale in Panama City, FL, showcased through 10 active listings on our real estate platform. These investment opportunities span a total of 80,562 square feet of properties for sale, with an estimated market value of $7,749,900.

    Sale prices for retail units in Panama City, FL start at $55,000, averaging $861,100, 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

    Shopping centers 20
    Storefront properties 14
    Automotive properties 11
    Auto shops 6
    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 $350K
    32401 $570.5K
    32405 $773K
    32408 $1.5M

    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

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    Most Searched ZIP Codes in Panama City, FL

    • 32401
    • 32404
    • 32408
    • 32461

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