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    Panama City, FL Storefront Properties for Sale

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    Corner Storefront Building
    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
    View details
    Three-Level Retail Building
    Updated: Jul 17, 2025
    Three-Level Retail Building

    551 Harrison Avenue, Panama City, FL 32401

    $1,800,000
    31,875 sqft 0.24 AC lot
    Three‑level retail building at 551 Harrison Avenue, Panama City, FL 32401
    0.24‑acre site in Downtown Panama City
    Open‑plan interior with multiple business access points
    Separate upper‑floor entrance from Harrison Avenue
    Freight elevator and accessible elevator installed
    View details
    Multi-Building Warehouse Property
    Multi-Building Warehouse Property

    2515 E 15th Street, 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.

    View details
    See hot listings in Panama City

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
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    Renovation-Ready Storefront Building
    Renovation-Ready Storefront Building

    540 Harrison Ave, Panama City, FL 32401

    $1,000,000
    6,327 sqft

    Gutted commercial interior offers a renovation-ready storefront with a 2024 re-roof.

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    Dive-Focused Retail Space
    Dive-Focused Retail Space

    1016 Thomas Drive, Panama City, FL 32408

    $285,000
    0.01 AC lot

    Business-only offering with retail inventory, rental equipment, website, POS system, and established certification accounts.

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    Commercial Land With Warehouse Improvements
    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.

    View details
    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Retail Space with Covered Storage
    Retail Space with Covered Storage

    3407 S Highway 77, Panama City, FL 32405

    $1,300,000
    3,600 sqft 2.10 AC lot

    Metal building with finished interior, rear vacant land, highway frontage, and access from two points.

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    Multi-Building Warehouse Property
    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.

    View details
    Warehouse Property with Retail Space
    Warehouse Property with Retail Space

    2515 E 15th Street, Panama City, FL 32405

    $1,825,000

    C3-A zoning supports warehouse, retail, and transportation uses.

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    Storefront Property With Covered Storage
    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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    Corner Storefront with New HVAC
    Corner Storefront with New HVAC

    4018 W 18th St, Panama City, FL 32405

    Contact for pricing
    2,980 sqft

    Commercial building along Hwy 98 with a corner-lot footprint, parking capacity, and a recently replaced roof.

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    Waterfront Commercial Land
    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
    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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    Established Dive Shop Business
    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.

    View details
    Based on your search, we've compiled 24 Potential Opportunities for your consideration. Besides 14 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.

    Storefront Property with Drive-Through
    Storefront Property with Drive-Through

    13919 Highway 77, Southport, FL 32409

    $900,000
    1.24 AC lot

    Adaptable commercial building with restaurant infrastructure, customer parking, and direct access from Highway 77.

    View details
    Commercial Land with Improvements
    Commercial Land with Improvements

    13712 Highway 77, Southport, FL 32409

    $850,000
    1,850 sqft 3.75 AC lot

    C3 zoning, Highway 77 access, and an existing structure support retail, office, or service uses.

    View details
    Panama City Beach Redevelopment Site
    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.

    View details
    Retail Storefront in Panama Plaza
    Retail Storefront in Panama Plaza

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

    $178,871

    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.

    Multi-Building Warehouse Property
    Multi-Building Warehouse Property

    2515 E 15th Street, Panama City, FL 32405

    $1,825,000
    4.50 AC lot

    C3-A zoning supports warehouse, retail, transportation, and other commercial uses across a large, adaptable site.

    View details
    Commercial Land with Three-Road Access
    Commercial Land with Three-Road Access

    4810 W Highway 98, Panama City, FL 32401

    $2,300,000
    4.77 AC lot

    General Commercial 2 zoning and a Gateway Overlay designation define the parcel’s commercial land-use framework.

    View details
    Commercial Corner Land
    Commercial Corner Land

    5505 Shores Road, Panama City, FL 32404

    $1,250,000
    4.18 AC lot

    Corner commercial parcel with public sewer and access from Highway 231 and Shores Road.

    View details
    Tourist Commercial Land
    Tourist Commercial Land

    2604 Hwy 98 lot: 5/Blk B/Unit 4, Mexico Beach, FL 32456

    $879,000
    0.34 AC lot

    Two-lot parcel with TC zoning, coastal proximity, and cable availability.

    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

    Estimated value: by Request
    7,200 sqft 4.20 AC lot
    View details
    500 Hawkins Ave
    Lifestyle centers

    500 Hawkins Ave, Panama City, FL 32405

    Estimated value: by Request
    31,540 sqft
    View details

    Panama City, FL Storefront Properties Market Trends and Statistics

    Explore 16 storefront properties for sale in Panama City, FL, showcased through 14 active listings on our real estate platform. These investment opportunities span a total of 73,003 square feet of properties for sale, with an estimated market value of $17,010,000.

    Sale prices for retail units in Panama City, FL start at $285,000, averaging $1,308,461, 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

    Shopping centers 21
    Storefront properties 19
    Automotive properties 15
    Auto shops 8
    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
    32408 $285K
    32404 $350K
    32401 $1.3M
    32405 $1.6M

    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)

    How Realmo verifies these figures

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    Most Searched ZIP Codes in Panama City, FL

    • 32405
    • 32401
    • 32408
    • 32404

    Featured Panama City Real Estate Agencies

    Realmo connects you with licensed Panama City CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Full Sail Realty of Northwest Florida
    1514 W. 23rd St, Suite B Panama City, FL 32405
    Phone: 18508194961
    FullSailNWFL.com
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