Panama City FL Commercial for Sale

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Type:
Other
Sq.Ft.:
1,279
Status:
NEW LISTING
Beds:
n/a
Lot size:
0.83 Acres
Year built:
2015
Baths:
MLS#:
770277
Subdivision:
[No Recorded Subdiv]

ADDITIONAL INFORMATION

Established in 2013, Fly By Coffee has been serving the community for 11 years as a beloved local hotspot. This well-established business specializes in high-quality, specialty coffee and beverages--both hot and cold--crafted for convenience without compromising on taste. Whether it's a freshly brewed coffee or another delicious pick-me-up, Fly By Coffee offers a premium alternative to fast food, gas station, and institutional coffee.The building has been completely remodeled with brand-new signage and state-of-the-art equipment, ensuring a turnkey opportunity for its next owner. With a loyal customer base and a reputation for quality and efficiency, this is your chance to step into a thriving business with a strong local following. Don't miss out on this rare opportunity! Daily Traffic Count of 47,837

Type:
Mobile Home
Sq.Ft.:
13,500
Status:
Active
Beds:
n/a
Lot size:
0.89 Acres
Year built:
2023
Baths:
MLS#:
769913
Subdivision:
[No Recorded Subdiv]

ADDITIONAL INFORMATION

This well-maintained and fully permitted mobile home park offers an excellent opportunity for investors or developers. This sale includes 428 Berthe Avenue as well. Located in a desirable area, the property is permitted for 13 homes, with 8 new homes recently installed and one used home. The park is already generating steady rental income, with homes renting for $1,750 to $1,850, and one older unit at $1,300.Property Features:Homes: 8 brand new, well-sized homes recently installed and rented, plus 1 used home.Air Conditioning: Each home is equipped with a new AC unit installed on a platform 2 feet above ground for improved durability.Electrical: 8 new electrical pedestals with dedicated panels for each new home. All new underground electrical systems were installed last year by Florida Power & Light to service all 9 homes and 2 supply boxes.Water & Sewer: Full water line installation, water meters, and sewer lines with city sewer access. A lift station, 2 pumps replaced 2 years ago, and a Culligan-serviced well ensure reliable water delivery.Street: Recently paved asphalt (March 2024), providing an upgraded and attractive entrance.Driveways: Compacted gravel driveways for easy vehicle access.Fencing: A newly installed wood fence at the front of the property offers privacy and security.Lighting: Solar-powered lighting at the front of each home, with additional lighting at the rear of 3 homes.Skirting & Steps: Durable, high-quality skirting and 2 sets of steps at each home for easy access and attractive curb appeal.Investment Highlights:Fully permitted for 13 homes, with a current setup of 9 homes (8 new and 1 used).Strong rental income potential, with competitive rents and high demand in the area.Significant infrastructure upgrades, including electrical, water, and sewer systems, ensuring minimal future maintenance needs.Recently paved street and newly installed fencing, enhancing the overall value of the property.With a cap rate of 8.72%, this property offers a solid foundation for steady rental income, while also providing room for future growth with the potential to expand to full capacity. Whether you're looking to expand your portfolio or seeking a long-term investment with low maintenance, this mobile home park is an ideal choice.Seller has two other parks available for sale as well. 218 Kimbrel Avenue, and 2630/2650 Blocker Church Road

Type:
Mobile Home
Sq.Ft.:
11,964
Status:
Active
Beds:
n/a
Lot size:
1.5 Acres
Year built:
2021
Baths:
MLS#:
769912
Subdivision:
[No Recorded Subdiv]

ADDITIONAL INFORMATION

This exceptional mobile home park, permitted for 13 homes, is a fantastic investment opportunity located in a growing area. The property features 12 newly installed homes that were fully rented in 2023 and 2024, providing immediate and stable rental income. Additionally, there are 2 available lots ready for future development or expansion.Key Property Features:Permitted for 13 Homes: 12 new homes installed and rented, with room for expansion on 2 available lotsNew Homes & AC Units: 12 new homes equipped with new AC units installed on platforms elevated 2 feet above the ground for durability and easy maintenanceElectrical Upgrades:12 new power poles with electrical panels installed at each of the 12 homesFlorida Power & Light is in the process of installing new underground electric lines to all homes, with 2 supply boxes and community lighting plannedWater & Sewer:Complete installation of new water lines, sewer lines, and shut-off valves in 2023Separate water meters installed for each home, with tenants responsible for city waterStreet & Driveways:Newly paved asphalt street (March 2024) for easy accessPaved driveways installed (March 2024) for all homesPrivacy & Security: A new wood fence surrounds the entire perimeter of the property, providing both privacy and securityLighting & Aesthetics:Solar lighting installed at the front of each homeHigh-quality skirting around each home, installed to a higher standard than most in FloridaTwo sets of steps at each home for tenant convenienceAdditional Highlights:Turnkey Investment: With all 12 homes rented and ready to generate income, this property is a profitable, hassle-free investmentExpansion Potential: With 2 additional available lots, you can easily add more homes to increase rental income in the futurePrime Location: Conveniently located with easy access to local amenities, schools, and transportation routesWith a cap rate of 7.81%, this mobile home park offers a unique opportunity for investors to acquire a property with newly constructed homes and significant infrastructure upgrades. The improvements made in 2023 and 2024 ensure minimal ongoing maintenance, making this a low-risk, high-return investment.Seller has two other properties for sale as weill. 420/428 Berthe Avenue and 2630/2650 Blocker Church Road

Type:
General Commercial
Sq.Ft.:
5,714
Status:
Active
Beds:
n/a
Lot size:
1.19 Acres
Year built:
1991
Baths:
MLS#:
769733
Subdivision:
No Named Subdivision

ADDITIONAL INFORMATION

Rare opportunity knocks! Turn key rental package for sale! 4338 Brannon Rd features 3 separate 3 bed 2 bath mobile homes. 4216 Barber St features 2 separate 3 bed 2 bath mobile homes. Homes are well maintained and in good condition. Tenants are long term and well qualified. Priced well below replacement cost this is an opportunity that will not last. Call today!

Type:
General Commercial
Sq.Ft.:
5,288
Status:
Active
Beds:
n/a
Lot size:
2.75 Acres
Year built:
1985
Baths:
MLS#:
769670
Subdivision:
No Named Subdivision

ADDITIONAL INFORMATION

Multi Generational,local business with huge potential. Set up as a car lot business and an auto body repair business.This location offereds entrance from both Hwy 231 as well as Coe Road. Location is very close to industrial area in northern Bay County where an abundance of auto body as well as auto mechanical work is needed. Growth in the area continues, which will offer even more opportunity for this type of business in northern Bay County. The building consist of an office area, 3 open bays, 4 closed bays and 1 additional open bay on the end. There is also a paint mixing room and a paint room.Inventory includes: 2-forward car lifts with a 9000 lb capacity, 1 -Star Rack, 360 frame track 1- air compressor1- tire machine to break down and put on rims.1- Mo-clamp measuring systemOwners are compiling a list of additional tools and equipment that will also convey.

Type:
Multi-Family
Sq.Ft.:
4,952
Status:
Active
Beds:
n/a
Lot size:
0.75 Acres
Year built:
1949
Baths:
MLS#:
769341
Subdivision:
No Named Subdivision

ADDITIONAL INFORMATION

Exceptionally Unique Bayfront Property with Tons of Investment Potential! Picturesquely situated on a 0.75-acre parcel with a gorgeous white sandy beaches and emerald waters, this rarely available property impresses with 6 rental units (four cottages and a duplex), along with a beautiful main home. Current gross income is $45,120 annually but that is without any income for the main home and one additional cottage that owner keeps vacant for friends, etc. Main home should easily rent for minimum $2000 per month and additional cottage $800-$1000, grossing over $79,000 annually as long term rentals. Approaching the property, you immediately notice the fabulous Floridian aesthetic with lavish verdant greenery, swaying palms, and multiple outdoor spaces. Lovingly owned by a devoted artist, the residences are adorned with whimsical touches, evoking an ethereal quality. Explore the main home to discover an openly flowing layout, wood beamed ceilings, stunning wood accents, spacious living room with a wood burning fireplace and stone wall accent, elegant formal dining area, and an eat-in kitchen featuring a stainless-steel double oven and cooktop, ample cabinets, granite countertops, microwave, dishwasher, and a breakfast area. Each bedroom varies in size for versatile accommodations, while the two art studios and library satisfy a variety of lifestyle-specific flex space needs. Unlimited entertainment options abound in the scenic backyard. Fashioned with an enormous deck, the outdoor space beckons weekend barbeques, summer birthday bashes, or quiet morning meditations. Equally charming as it is captivating, the sandy beach is the ideal place to find blissful relaxation and memorable conversations with loved ones. So many watersports such as kayaking, paddleboarding, jet skis and so much more right from your own personal shoreline. The six rental units + main home offer unlimited income potential either as long term rentals, or AirBNB. This property is also located right next to Tyndall Air Force Base offering another large opportunity for people needing a rental property. Additional considerations include available open parking areas at each rental and for the home as well as a 2 car detached garage for the home. laundry area, luminous atrium, custom pergola, all this just steps from Flyby Coffee and Pizzeria Napoli, near shopping, restaurants, schools, Under the Oaks Park, marinas, entertainment, and recreational areas, public boat ramp and so much more! Whether you are a savvy homebuyer or a seasoned investor, this incredible property delivers a multitude of possibilities for daily living and positive cashflow. Call now to schedule your private showing! Mixed Use 2 (Parker) zoning.Rental Units:Duplex = 2 units1200 sq ft 3/2,Cottage 1 516 sq ft 2/1,Cottage 2 516 sq ft 2/1,Cottage 3 516 sq ft 2/1,Cottage 4 468 sq ft 2/1,Main house 1736 sq ft bayfront+ 2 car garage

Type:
General Commercial
Sq.Ft.:
2,900
Status:
Active
Beds:
n/a
Lot size:
0.77 Acres
Year built:
1986
Baths:
MLS#:
768532
Subdivision:
No Named Subdivision

ADDITIONAL INFORMATION

Endless Business Opportunities in a High-Visibility Location - Live & Work on One Property!Seize the opportunity to own this versatile multi-use property, perfectly positioned at the high-traffic corner of Highway 231 and Titus, right next to Hungry Howie's. Previously home to a thriving automotive repair shop, this property offers incredible potential for entrepreneurs looking to start or expand their business.The 1,725 sq. ft. (48x36) shop is fully equipped for automotive or industrial use, featuring three spacious bays with compressor hookups, a loft, a mezzanine, an office, and multiple storage rooms. It comes with full electric, water, and power service, as well as a heavy-duty front-end alignment lift with ramps and a drive-over pit--ready for a mechanic or auto service business. However, the possibilities extend far beyond auto repair! This space could easily be transformed into a tire shop, detailing center, body shop, small manufacturing facility, warehouse, or even a retail showroom.The property also includes a well-maintained three-bedroom, two-bath mobile home, offering the perfect live-work setup. Enjoy the comfort of a covered front porch and a large back deck, making it an ideal residence for an owner-operator or even an additional rental income opportunity.With its prime location and high visibility, this property is perfect for any type of business venture. Whether you continue its legacy as an auto repair facility, launch a new commercial enterprise, or repurpose it for another high-demand service, the zoning flexibility allows you to bring your vision to life.Don't miss out on this unique chance to live and work in one location while taking advantage of an established, high-traffic area with endless business potential!

Type:
Industrial
Sq.Ft.:
3,090
Status:
Active
Beds:
n/a
Lot size:
1.01 Acres
Year built:
2001
Baths:
MLS#:
767335
Subdivision:
[No Recorded Subdiv]

ADDITIONAL INFORMATION

Flex Warehouse space with large shop area two large roll up doors, office space and a loft. Includes the parcel next door for parking and lay-down yard. Over 1 acre. Fully fenced. Additional open pole barn for storage. Survey available.Ceiling clearance is 18 - 19 ft. Each Roll up door is 13'11'' (H) x 11'11'' (W). Building is 60x40. Shop space is roughly 45x40 with a full restroom600sf office space with 3 total offices, including a front office area and two restrooms. Loft area over entire office is roughly 600sfChainlink security fence around the perimeter. 3 gates provide access with primary access through rolling gate on 22. An additional double gate on 22 provides convenient access to lay down yard and a third gate on the West fence at the northwest corner. Alarm and security system already in place with multiple cameras throughout. Owner occupied. Call today for private tour.All measurements are estimated. Information deemed reliable. Buyer should verify all important details.

Type:
Office
Sq.Ft.:
4,348
Status:
Active
Beds:
n/a
Lot size:
0.69 Acres
Year built:
1993
Baths:
MLS#:
767284
Subdivision:
[No Recorded Subdiv]

ADDITIONAL INFORMATION

' CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS' Prime commercial building for sale in the HEART of Springfield. Conveniently located on 15th St and just one block from Transmitter Rd. Ideal location for any business with easy access and expansive parking lot. This property offers nice size reception/workstation area, 5 exam rooms and 3 private offices. Building is located on .68 acres. new metal roof and updated HVAC. The exterior has a covered front porch and decent size carport located in rear. Discover endless opportunities as this building can be used for many purposes and is ready to take on it's next business!

Type:
General Commercial
Sq.Ft.:
3,360
Status:
Active
Beds:
n/a
Lot size:
1.2 Acres
Year built:
2001
Baths:
MLS#:
766231
Subdivision:
[No Recorded Subdiv]

ADDITIONAL INFORMATION

Office / Storage facility investment opportunity.This fenced in +/- 1.2ac property has 61 rentablestorage units and a 3,360sf office space with anexisting tenant. Access on Transmitter Rd andOrlando Rd, the subject property is situatedbetween two major thoroughfares, Highway 231and US-98.

Type:
Mobile Home
Sq.Ft.:
6,570
Status:
Active
Beds:
n/a
Lot size:
0.6 Acres
Year built:
1997
Baths:
MLS#:
766104
Subdivision:
[No Recorded Subdiv]

ADDITIONAL INFORMATION

Investors - take note! This is a rare opportunity to own a high-cash-flow mobile home park generating $76,600 annually in gross rents, with the potential to increase to $91,000 by adjusting rents to include the owner's residence. Situated on a 0.6-acre lot just off Transmitter Road, this park is conveniently located near thriving businesses. The property includes six mobile homes, all of which are currently leased on month-to-month agreements. Updates include all-new metal roofs installed since 2019, new skirting, and additioal improvements throughout the units, enhancing their durability and appeal. Each unit is metered separately, with tenants responsible for paying their own utilities, reducing operating expenses for the owner. 2024 expenses approx. $11,322; 2024 projected NOI for 5 units is $65,278. When including the owners unit (6 units total) possible NOI is $79,678. With a 10%+ CAP rate, this low-maintenance property is primed for stable cash flow and significant ROI. Opportunities like this are rare--contact us today to secure this proven income generator!

Type:
Retail
Sq.Ft.:
15,000
Status:
Active
Beds:
n/a
Lot size:
2 Acres
Year built:
2020
Baths:
MLS#:
765542
Subdivision:
[No Recorded Subdiv]

ADDITIONAL INFORMATION

Free Standing 15,000 SF Building constructed New after Hurricane Michael

Type:
Retail
Sq.Ft.:
3,420
Status:
Active
Beds:
n/a
Lot size:
0.5 Acres
Year built:
1965
Baths:
MLS#:
765181
Subdivision:
No Named Subdivision

ADDITIONAL INFORMATION

This +/- 3420 sq ft building is currently a new/used furniture store with growing foot traffic. Large exterior signage, 2 mini split systems less than 14 months old, separate ADDITIONAL older but functioning HVAC, office area, 4 bathrooms, large retail space, 3 entrances and huge parking area in the back which could be fenced in for privacy or security. New roof after Hurricane Michael. Property is offered with the existing business and inventory or can be sold with just the real estate separately. Needs some work, but functions well in its current use. Call for more information and please do not speak with employees on site.

Type:
General Commercial
Sq.Ft.:
4,004
Status:
Active
Beds:
n/a
Lot size:
0.71 Acres
Year built:
1991
Baths:
MLS#:
764939
Subdivision:
No Named Subdivision

ADDITIONAL INFORMATION

This exceptional investment property offers a recently renovated +/-4,004-square-foot building, redesigned in 2023 to meet modern standards. Fully leased for three years by a thriving daycare, it provides a low-maintenance, income-generating asset with reliable cash flow. The versatile layout includes well-designed classrooms, administrative spaces, and support facilities, making it ideal for educational institutions. With a stable tenant in place, this turnkey property is an attractive opportunity for investors seeking consistent returns in a growing sector.

Type:
Other
Sq.Ft.:
4,017
Status:
Active
Beds:
n/a
Lot size:
0.58 Acres
Year built:
1979
Baths:
MLS#:
764391
Subdivision:
Parker Plat

ADDITIONAL INFORMATION

Location, Location, Location! Come see this completely remodeled 4,017 square foot commercial space on the highly visible South West corner of S Tyndall Parkway and Lake Dr. The building is perfectly suited for a church, office space, retail or possible restaurant, and is zoned GC (General Commercial). The building has new tile throughout the lobby area, office spaces, and hallways, as well as a new kitchen space, new AC, new electric, and new transformer. The central area has high vaulted ceilings and is carpeted with lots of natural light and can hold approximately up to 100 people. It has been freshly painted on the interior with 2 new bathrooms, 3 total office spaces, and a bonus area in the back next to the kitchen space. There is ample parking, both paved with an additional grassy area. The property sits on over half of an acre (.58) and the Annual Average Daily Traffic count (AADT) for the corner of S Tyndall Pkwy and Lake Dr for 2023 is 34,000. This commercial property is ready and available for your new business immediately.

Type:
General Commercial
Sq.Ft.:
2,575
Status:
Active
Beds:
n/a
Lot size:
1.02 Acres
Year built:
1993
Baths:
MLS#:
764117
Subdivision:
W H Parker

ADDITIONAL INFORMATION

This is an opportunity that rarely comes up. This is an ongoing concern with a legacy name and reputation in this community. The sale includes the real estate, furniture, fixtures equipment and all 'on hand' inventory.

Type:
Multi-Family
Sq.Ft.:
13,768
Status:
Active
Beds:
n/a
Lot size:
0.65 Acres
Year built:
1984
Baths:
MLS#:
763387
Subdivision:
Lakewood

ADDITIONAL INFORMATION

14 unit aparment complex located in the heart of Parker FL, close to shoppng, restaurants and Tyndall AFB. 4 separate buildings with 2 bedrooms and 1.5 baths in each building. Square footages range from 750 sq feet to 950 sq feet with laundry inside the 950 sq ft units and laundry in atttached storage in the 750 sq ft units. Many of the units recieved updates and roofs after hurricane Michael. This is your chance to own a fully operating and 100% occupied apartment business. Call your Realtor today

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
1.02 Acres
Year built:
2022
Baths:
MLS#:
762169
Subdivision:
No Named Subdivision

ADDITIONAL INFORMATION

Vacant Land parcel with Marina on Bay. Truly a rare opportunity with recently built '26 slip' deep water marina and parcel for development. Ship store, restaurant, boat storage and more are potential end uses for this amazing offering.

Type:
General Commercial
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
1.07 Acres
Baths:
MLS#:
956932

ADDITIONAL INFORMATION

.07 acres of vacant, multi-family zoned property in the City limits of Callaway. Opportunity to build an apartment building, townhomes or possibly warehouse/ flex project.

Type:
Retail
Sq.Ft.:
4,296
Status:
Active
Beds:
n/a
Lot size:
1.07 Acres
Year built:
2012
Baths:
MLS#:
955883

ADDITIONAL INFORMATION

Type:
Office
Sq.Ft.:
21,184
Status:
Active
Beds:
n/a
Lot size:
2.5 Acres
Year built:
1988
Baths:
MLS#:
756211
Subdivision:
W H Parker

ADDITIONAL INFORMATION

This property is a prime commercial opportunity located in Panama City, FL, offering 21,184 sq ft of under roof space on a 2.5-acre lot. Zoned for mixed use, this property presents an opportunity for a variety of businesses. Fully renovated post-hurricane, ithas a new 24-gauge standing seam metal roof and is constructed using red iron clearspan beams. This construction allows for interior changes to be easily accomplished.Inside, you will find multiple reception areas, executive offices, and a kitchenette. Theopen footprint of the building allows for a wide range of uses for a multitude ofbusinesses. A separate entrance on the left side allows for potential subletting. Parkinglot accommodates 4 spaces per 1000 sq ft with room to expand. All utilities are easilyaccessible, and open roof access allows for modifications.

Type:
Mobile Home
Sq.Ft.:
9,171
Status:
Active
Beds:
n/a
Lot size:
2.07 Acres
Year built:
1995
Baths:
MLS#:
754212
Subdivision:
[No Recorded Subdiv]

ADDITIONAL INFORMATION

Located directly across from the brand-new Dunes at Bridge Harbor subdivision and just over 5 miles to Tyndall AFB, this 16 pad mobile home park is in great condition. There are currently 13 homes on site, all occupied and park owned. All 13 homes have newer AC units, and 12 homes have newer metal roofs. The remaining 3 pads are utility ready except for the power poles. With a very nice 5-figure, positive cash flow per month, this is an investor's dream. Add the last 3 homes and increase the cash flow even more. Park only pays for trash pickup, power for the streetlights, and taxes and insurance. Tenants pay their own utilities. There are also 3 storage sheds on site that can be rented for additional income. Call today for more info.

Type:
General Commercial
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
2 Acres
Baths:
MLS#:
941732

ADDITIONAL INFORMATION

Unveiling a golden opportunity! This 2-acre gem boasts a prime location on a high-traffic highway, making it a hotspot for lucrative business ventures. Whether you're dreaming of launching a bustling retail hub or erecting a dynamic commercial complex, this land offers boundless potential. Seize the moment and get your slice of success today

Type:
General Commercial
Sq.Ft.:
3,360
Status:
Active
Beds:
n/a
Lot size:
0.93 Acres
Year built:
2020
Baths:
MLS#:
745653
Subdivision:
Crown Point

ADDITIONAL INFORMATION

Here's a great opportunity for your business on one of the busiest intersections in the county, smack-dab in the middle of the business corridor of Parker, FL. This general commercial lot is located on 2 principle artery roadways, with average daily traffic counts of over 19000/day on Tyndall Parkway- Hwy 98, and 7900 per day on E.Business 98, according to the Florida DOT; making this parcel extremely convenient to Tyndall Air Force Base and Mexico Beach. Acquire this prime commercial location with road frontage on 3 sides, including approx 184 feet of Hwy 98 frontage! Included in the sale is a brand new 3360 SF building with 1000 SF of heated and cooled space. This is a turn-key operation to acquire an established, thriving Auto sales location. No other auto shops licenses will be granted on this main artery to Tyndall and Mexico Beach. Or, this commercial location can accommodate whatever you're needing with development standards of: Maximum building height is 60 feet/6 stories, 10 ft setbacks on 3 sides, and maximum lot coverage of 90% allowable. This quaint, small area of Florida is growing with visitors due to the bays, bayous, new developments and new city fishing pier and boat launch, all within a few blocks of this parcel. . (Some, not all inventory shall convey. Lifts and permanent structures to convey. Buyer to verify any and all information that is important.)

Type:
Office
Sq.Ft.:
20,920
Status:
Active
Beds:
n/a
Lot size:
1.95 Acres
Year built:
2008
Baths:
MLS#:
742932
Subdivision:
No Named Subdivision

ADDITIONAL INFORMATION

Drastically reduced price to $140 per sq. ft.! Now only $2,800,000. Well below its replacement cost. Large office building located on Tyndall Parkway. Formerly leased to the Department of Children and Families Ideal for state and federal agencies as well as Department of Defense contractors working at Tyndall Air Force Base. The ceramic tile has been removed from the building. Plans attached. We will include new pictures as soon as possible. The adjacent 16,000 sq. ft. building has been reduced to $2,240,000. Call for more details and to setup a tour.

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Andrea Conner, License #BK3437731, Xome Inc., License #1043756, [email protected], 844-400-9663, 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2025 Central Panhandle Association of Realtors® Multiple Listing Service, Inc. – All Rights Reserved.


Andrea Conner, License #BK3437731, Xome Inc., License #1043756, [email protected], 844-400-9663, 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2025 Emerald Coast Association of REALTORS® - All Rights Reserved. Vendor Member Number 28170




Panama City Real Estate

The median home value in Panama City, FL is $308,000. This is lower than the county median home value of $347,000. The national median home value is $338,100. The average price of homes sold in Panama City, FL is $308,000. Approximately 51.18% of Panama City homes are owned, compared to 32.33% rented, while 16.49% are vacant. Panama City real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Panama City real estate agent to arrange a tour today!

Panama City, Florida 32404 has a population of 13,656. Panama City 32404 is more family-centric than the surrounding county with 29.76% of the households containing married families with children. The county average for households married with children is 27.71%.

The median household income in Panama City, Florida 32404 is $55,543. The median household income for the surrounding county is $60,473 compared to the national median of $69,021. The median age of people living in Panama City 32404 is 40.4 years.

Panama City Weather

The average high temperature in July is 89.9 degrees, with an average low temperature in January of 41.9 degrees. The average rainfall is approximately 59.9 inches per year, with 0 inches of snow per year.

Panama City Real Estate Market Conditions

  • Median sales price

    $308,000
    25% change since last quarter
  • # Active listings

    622
    30-day change

Panama City Schools and Demographics

Education near Panama City, FL

Metric City County
High School Graduates 85.8 90.08
College Degree - 2 year 11.79 11.67
College Degree - 4 year 14.89 25.6
Graduate Degree 3.46 6.91
Expenditures per Student 13,432 13,432
Students per Teacher 18.3 18.3

Elementary Schools near Panama City, FL

School Grades Students P/T Ratio ZIP
Bay Haven Charter Academy KG - 05 690 15.7 32405
Breakfast Point Academy PK - 08 1,453 13.8 32407
Callaway Elementary School PK - 05 523 14.5 32404
Cedar Grove Elementary School PK - 05 473 11 32405
Deer Point Elementary School PK - 05 718 14.1 32404
Hiland Park Elementary School PK - 05 837 14.9 32405
Lucille Moore Elementary School PK - 05 557 10.9 32405
Lynn Haven Elementary School PK - 05 775 15.2 32444
Merriam Cherry Street Elementary School PK - 05 403 14.9 32401
North Bay Haven Charter Academy Elementary School KG - 05 669 15.2 32401
Northside Elementary School PK - 05 694 15.4 32405
Oakland Terrace School for the Visual and Performing Arts PK - 05 359 10.3 32401
Oscar Patterson Elementary Magnet PK - 05 379 11.5 32401
Parker Elementary School PK - 05 630 15.8 32404
Patronis Elementary School PK - 05 852 14.7 32408
Rising Leaders Academy KG - 06 102 9.3 32405
Springfield Elementary School PK - 05 477 10.8 32401
Tommy Smith Elementary School PK - 05 720 16 32404
Tyndall Elementary School PK - 05 790 14.4 32403
University Academy (Sabl, Inc.) KG - 05 303 16.8 32405

Middle Schools near Panama City, FL

School Grades Students P/T Ratio ZIP
Bay Haven Charter Middle School 06 - 08 516 19.9 32405
Everitt Middle School 06 - 08 608 13.8 32401
Jinks Middle School 06 - 08 572 13.3 32401
Merritt Brown Middle School 06 - 08 727 14.8 32404
Mowat Middle School 06 - 08 1,017 16.7 32444
Newpoint Middle School 06 - 08 188 18.8 32405
North Bay Haven Charter Academy Middle School 06 - 08 478 19.9 32404
Surfside Middle School 06 - 08 753 16.7 32413

High Schools near Panama City, FL

School Grades Students P/T Ratio ZIP
A. Crawford Mosley High School 09 - 12 1,687 20.1 32444
Bay High School 09 - 12 1,365 19.5 32401
J.R. Arnold High School 09 - 12 1,606 22 32407
Newpoint Bay Charter High School 09 - 12 125 25 32405
North Bay Haven Career Academy 09 - 12 610 17.4 32404
Rutherford High School 09 - 12 1,188 19.2 32401

Ungraded Schools near Panama City, FL

School Grades Students P/T Ratio ZIP
* Chautauqua Charter School 09 - 12 44 8.8 32401
* Rosenwald High School 08 - 12 246 11.7 32401
Bay Virtual Franchise 06 - 12 50 32401
Bay Virtual Instruction (Course Offerings) 06 - 12 28 32401
Bay Virtual Instruction Program KG - 12 54 32401
Deane Bozeman School PK - 12 1,154 15.2 32409
Exceptional Student Education PK - 12 0 32401
Margaret K. Lewis in Millville PK - 12 136 5 32401
New Horizons Learning Center 06 - 12 118 5.6 32405
Panama City Marine Institute 06 - 12 95 32401
Tom P. Haney Vocational Technical Center AE - AE 0 32405

Demographics near Panama City, FL 32404

Metric Zip Code City
Neighborhood Type Suburban Suburban
Population 39,552 13,656
Population Density 307 1,444
Median Age 38.9 40.4
People per Household 2.7 2.5
Median Household Income 58,853 55,543
Average Income per Capita 27,203 27,598