Panama City, FL Storefront Properties for Sale

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18 properties

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Updated: May 29, 2025

Multi-Building Warehouse Property

2515 E 15th Street, Panama City, FL 32405

$1,825,000

7,548 sqft 4.50 AC lot

4.5+/- acres across two parcels: 14605‑000‑000 and 14606‑000‑000
Five warehouses totaling 43,615 total square feet
Four (4) 9100 square foot warehouses and One (1) 7215 warehouse
C3‑A zoning allows retail, transportation, warehouses, and waste management
2186 square foot home may be remodeled or demolished

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This listing looks promising.

Here's a quick look at some key insights for

2515 E 15th Street, Panama City, FL 32405

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Est. Cap Rate

4.8%
NOI ÷ price
Est. NOI

$87K
Annual
Price @ 7% Cap

$1.24M
Suggested
Last Sold

Dec 2018
$600K
Property Type

Retail Stores
Built 1965

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Updated: Sep 23, 2025

Corner Storefront Building

4018 W Hwy 98 Street, Panama City, FL 32405

$995,000

3,706 sqft 0.55 AC lot

3,706‑square‑foot storefront building on a 0.55‑acre property
Approximately 50 +/- parking spaces on site
Corner‑lot position along Hwy 98
Existing commercial signage in place
Concrete construction with concrete flooring

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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 in downtown Panama City.

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Multi-Building Warehouse Property

2515 E 15th St, Panama City, FL 32405

$1,825,000

7,548 sqft 4.50 AC lot

C3-A zoning supports warehouse, retail, transportation, and other commercial uses, subject to applicable restrictions.

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Dive Shop Storefront Business

1016 Thomas Drive, Panama City, FL 32408

$285,000

0.01 AC lot

Established dive retail operation includes inventory, rental equipment, customer accounts, and operating systems.

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Commercial Land With Warehouse Improvements

2515 E 15th Street, Panama City, FL 32405

$1,825,000

4.50 AC lot

C3-A zoning supports retail, transportation, and warehouse uses, with public sewer serving the property.

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Warehouse Campus with Retail Space

2515 E 15th Street, Panama City, FL 32405

$1,825,000

4.50 AC lot

Multi-building commercial property with warehouse improvements, flexible C3-A zoning, and additional retail and residential structures.

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Versatile Commercial Building For Sale

2209 Thomas Drive, Panama City, FL 32408

$1,490,000

2,430 sqft

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

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Freestanding Storefront with Warehouse

3407 S Highway 77, Panama City, FL 32405

$1,300,000

3,600 sqft 2.10 AC lot

Finished interior space and covered storage support retail and back-of-house functions.

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Storefront Property With Covered Storage

3407 S Highway 77, Panama City, FL 32405

$2,495,000

7,200 sqft 4.20 AC lot

Two finished retail buildings offer covered storage, on-site parking, and access from multiple points.

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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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Waterfront Commercial Land

4402 HIGHWAY 2321, Panama City, FL 32404

$350,000

2,219 sqft 3.50 AC lot

Existing bait shop on North Bay waterfront land in unincorporated Bay County.

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First-Floor Retail & Restaurant Condo

100-436 Harrison Ave, Panama City, FL 32401

$1,200,000

First-floor commercial condo in The Mashburn Building with retail and restaurant use, under construction in downtown Panama City.

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Two-Building Mixed-Use Property

2900 East 5th Street, Panama City, FL 32401

Contact for pricing

3,486 sqft 0.33 AC lot

The property offers connected utilities, city water, sewer service, and direct road access.

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Established Dive Shop Business

104-1016 Thomas Dr, Panama City, FL 32408

$285,000

Operating coastal dive business with retail inventory, rental equipment, website, POS system, and commercial certification accounts.

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Retail Building with Drive-Through

2875 W 23rd Street, Panama City, FL 32405

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Freestanding commercial building with an existing drive-through and interior space requiring updates and additional build-out.

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Five-Suite Office Property

936 Magnolia Avenue, Panama City, FL 32401

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Downtown office property with flexible rooms, storage, shower-equipped bathroom, and conveyed barber equipment.

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Retail Land with Income Store

304 & 306 W 23rd, Panama City, FL 32405

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Commercial land includes a small rental store and previously accommodated a multi-doctor medical office use.

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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 18 Active Listings in Panama City, FL, we suggest to view alternatives - similar 2 Off-Market properties to explore as potential leads.

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.

Individual retail properties

3407 Fl-77, Panama City, FL 32405

Value Estimation by Request

7,200 sqft 4.20 AC lot

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Lifestyle centers

500 Hawkins Ave, Panama City, FL 32405

Value Estimation by Request

31,540 sqft

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Panama City, FL Storefront Properties Market Trends and Statistics

Explore 20 storefront properties for sale in Panama City, FL, showcased through 18 active listings on our real estate platform. These investment opportunities span a total of 72,987 square feet of properties for sale, with an estimated market value of $17,915,000.

Sale prices for retail units in Panama City, FL start at $285,000, averaging $1,279,642, and reaching up to $2,495,000 — 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 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	$759.3K
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

Retail

Residential Income

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