(COMING SOON NO SHOWINGS)This well-established Panama City business started in 1964. This open workshop has provided tires and automobile repair. The sale of this business includes four vehicle lifts and office furniture. FDOT has purchased the front parking lot, but the shop has been a staple in the property and offers ample parking space in the back of the business. All measurements are estimated from the Bay County property appraiser's office. Please refer to the property appraisers map for updated property lines.
Discover an exceptional investment opportunity with this 2.12-acre commercial lot, ideally situated adjacent to the 700-acre Sweetbay master-planned community. Boasting easy access to the newly improved Highway 390, this flat parcel is free from wetlands and easements, ensuring straightforward development. Specifically approved for a 100,000-sq.-ft., three-story climate-controlled storage facility, this lot offers versatile possibilities, including the potential for office spaces or other commercial uses. Positioned close to the emerging Sweetbay town center, a coming-soon Publix supermarket, and a marina, this property benefits from the area's rapid growth and increasing demand. A gas station conveniently located across the street further enhances its appeal. Originally zoned residential, the property has been meticulously rezoned for commercial use, highlighting its prime suitability for high-yield investment ventures. With the ongoing development in Sweetbay, this lot promises substantial income opportunities and a strategic foothold in a flourishing community.
Investment Opportunity: Two Brand-New Duplexes - 4 Units TotalFor sale: Two side-by-side duplexes located at 2332 E 19th Place, Panama City, FL. These brand-new properties are a perfect turnkey investment for anyone looking to walk into 4 modern rental units.Property Features:Each unit has 3 bedrooms, 2 bathroomsHigh-quality, new construction with modern finishesAmple parking for tenants' convenienceReady to rent immediatelyWhy This is a Great Deal:Bulk sale includes MLS 761981All 4 units are located right next door to each otherIncredible investment opportunity with steady ROI potentialHassle-free, new construction means minimal maintenanceThese deals don't come along often! Perfect for an investor ready to expand their portfolio with reliable, high-demand rental properties. Measurements are approximate buyer must verify if important
Come view this unique property with two building structures on the property; plus a small shed in the back of the lot. Bring these buildings back to life with a little bit of work! The largest building is just over 2800 square feet and was used as a church building. Lots of space to make it your own! The smaller building is just over 1000 square feet and was used as a residence. The property is located a block from Hwy 98 and close to the Saint Andrews area! Great location and Great potential here! Property is being sold as-is.
Welcome to a Turnkey Investment Opportunity!This fully remodeled property at 116 Springfield Ave offers six detached single-family units, each featuring one bedroom, one spacious bathroom, a living area, and a kitchen. These units, completely updated in 2021, are fully occupied and generating $61,500 in annual gross income with rent rolls available. The updates include new (2021) 30-year dimensional shingle roofs, energy-efficient windows, updated electrical wiring, fresh sheetrock, paint, and luxury vinyl plank flooring, as well as new kitchen cabinets and countertops. Each unit is individually metered for water and electricity, ensuring efficientmanagement. This property is an excellent addition to any investment portfolio. As an added bonus, the adjacent cleared lot (Parcel ID 24228-005-000) with mixed-use zoning is also listed for sale at 65,000, (MLS 766435) providing an ideal opportunity for additional development or other creative uses. Schedule your private showing today with your preferred real estate professional!
Investment Opportunity in Historic Millville!Located in the heart of Historic Millville, this income-producing property includes two triplexes, offering a total of six units. The units consist of four 2-bedroom residences and two 1-bedroom residences, generating $75,600 in gross annual income with full occupancy. Each unit features adjacent parking and a small front open patio area for added convenience.The property has been well-maintained, with a new roof installed in December 2018 and fresh exterior paint applied in recent years. Its location is just a short walk to St. Andrews Bay and the Millville Waterfront Park, providing tenants with easy access to scenic views and outdoor activities.Millville's rich history as a hub for lumber and shipbuilding in the late 1800s adds a charming backdrop to this investment. Rent rolls are available upon request.Schedule a showing today with your preferred real estate professional to explore this unique opportunity in a historic and charming location!
Restoration to restaurant to this unique building was stalled and incomplete. Opportunity to build out for a number of businesses with the hard part already done. HVAC, ductwork, etectric, plumbing, all new. Check it out today to finish out to your design and use. Plenty of parking. See Photos.
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.
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!
Nestled on one of the most sought-after streets in the historical St. Andrews area of Panama City, this two-bedroom home offers a perfect blend of charm and modern updates. Zoned Mixed Use-2, just a short stroll to the gorgeous Oaks By the Bay Park and the vibrant shops, restaurants, and coffee spots on Beck Avenue, this location screams convenience and fun. Make this property your home or professional office! Did you know St. Andrews is not only steeped in history, but is also a golf cart-friendly community? Cruise to the farmers market or enjoy sunset views in style! Inside, the home boasts a massive primary suite with a spa-like bathroom and a huge walk-in closet. The spacious living room flows effortlessly into the dining area and chef's kitchen with a gas stove and sleek finishes perfect for culinary adventures. Upstairs features an additional bedroom with an en-suite bathroom and another walk-in closet. You'll love the two sunrooms in this house! One in the front as you walk in and another on the back of the home overlooking the pool. Outside, you'll find a dreamy oasis: a sparkling salt water pool surrounded by pavers, plenty of space to relax, and fruit trees for your own backyard harvest. With updates like a tankless water heater, newer roof, and new electrical panel, this home is as practical as it is unique. Don't miss out on living in the heart of St. Andrews, where charm, convenience, and lifestyle come together!
Prime Commercial Property located in the heart of Panama City! This versatile property spans 0.33 acres and features two distinct buildings offering incredible investment potential. The first building is a 1,976 sq. ft. restaurant with an approx. 1,242 sq. ft. apartment upstairs, perfect for generating additional rental income or owner-occupied use. The second building is a renovated 1,262 sq. ft. office/retail space, ideal for professional services, boutique retail, or other business ventures.Zoned GC-2 (General Commercial-2), this property is situated within a district designed for neighborhood commercial activities, including retail, professional offices, and service-oriented businesses. With an Annual Average Daily Traffic count of 18,100, your business will benefit from excellent visibility and easy accessibility.Whether you're looking for an investment opportunity or a versatile property for your business, this location offers a unique combination of space, zoning flexibility, and income potential. Don't miss the chance to own this exceptional property in Panama City!
Ever wanted to have your own business and have fun too? Now's your chance!! Dogs and Drinks on Harrison Ave is now available for you to purchase. Inside there is a retail area with lots of dog merchandise. It also has a beer and wine bar as well as tables and chairs for you to have your pets birthday party! But the real fun happens outside. Very large fenced in area where your pooch can hang with their friends while you hang with yours! This comes with all the equipment your need for a turnkey business. Landlord is willing to provide a 3 year lease. This sale is for the business only. Call for your showing today!
Incredible Business Opportunity with Prime Highway Frontage! Seize the chance to own a highly visible commercial property on a heavily traveled highway corner lot. With unmatched exposure and ideal signage potential, this location is perfect for attracting consistent traffic. The property features a versatile block home with a durable metal roof, which can serve as either a residence or office space. Inside, you'll find 3 spacious bedrooms, 2 full bathrooms, an open kitchen, and a large utility room. Additionally, the property boasts a detached garage ideal for use as a workshop, complete with a separate office in the back. There's also an extra workshop with two separate rooms, providing ample space for storage or further business needs. A privacy fence offers a barrier from the highway while maintaining strong visibility, making this the perfect blend of exposure and seclusion. Don't miss out on this rare opportunity!
Free Standing 15,000 SF Building constructed New after Hurricane Michael
Very Rare manufacturing Facility in Downtown Panama City, with adjacent Laydown Yard with multiple access points. The building is 7,530 +/- SF, there are three roll up doors two that are 12x12 and one that is 12x14. The building has three offices and a reception area, three phase power is available and the building is concrete block construction. The building is located in the Downtown Panama City Social District and is zoned light manufacturing. There is a second-floor mezzanine in the building that can be used for storage, the square footage of the mezzanine is not included in the square footage of the building.
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 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.
Freshly renovated office building in the heart of the business district of central Panama City! New paint and new vinyl plank flooring. With two private offices, one great room that could also be used as a lobby, a kitchenette, storage area, and a full bathroom with a shower, this would be an ideal setup for a small business or co-working space. Access to additional parking in the backyard through the back alley! Additional storage available in the outdoor shed. Don't miss out on this exciting opportunity, call today!
CALL FOR OFFERS! OFFERS DUE BY NOON, FRIDAY, NOVEMBER 22, 2024. Well maintained warehouse in Beach Commerce Park For Sale. The 4,060 square foot building was built in 2021. The owner has used the building for his car collection and work shop. Large mezzanine storage space, huge workshop, small office/breakroom/kitchen area, and one ADA restroom. 16' Eave-height. Grade-level rollup door 12'W x 14' H. Exhaust fan, two 'Big-Ass' fans, LED lighting, etc. This is a fantastic building for many different uses. Plans attached. Call for further details and to schedule a tour.
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.
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.
Prime Medical Office Building for Sale Near Ascension Sacred Heart Hospital-100% Leased!!Discover a lucrative investment opportunity with this exceptional 4,800 sq ft medical office building, strategically located steps from Ascension Sacred Heart Hospital. Recently built, this modern facility features a thoughtful site plan that caters to a variety of medical practices and is currently leased to reputable tenants. If important, 2400 sq ft could be made available fairly quickly if needed.There are two mirrored sides, maximizing functionality and flow.Current Use is as fully leased medical offices with reliable lease agreements in place.Built in 2020, showcasing contemporary design and infrastructure.Ample parking available for staff and patients.Easy access to major highways 231, 77, and 98, ensuring efficient transportation for patients and staff.This property presents a solid investment opportunity in a major medical hub, providing both immediate rental income and long-term potential for appreciation.Don't miss out on this chance to own a state-of-the-art medical office building in a prime location. Contact us today for more information or to schedule a viewing!Listing includes 4 parcels including 20364-000-000, 20365-000-000, 20366-000-000 and 20367-000-000.
This is a muti-use Commerical property. which can be used for a retail store (which was there prior to current owners' possession), also you can have a full-service Beauty Salon and or a Barber Shop, Lawn service unlimited opportunity. The last 20 years it has been used for commercial janitorial cleaning service & sales. This 1150sq ft building features owners' space with full bathroom inside if you decide to live on site! and plenty of storage space to run your business. This well maintain building also has storm shutters, Adt alarm (which new owner will need to connect) another full bathroom, metal roof, washer and dryer hookup in its separate space, 9 ft ceiling though out building. and the outside feature an 8ft privacy gate that was install in 2023 and a black chain link fence.Information provided is deemed reliable but is not guaranteed and should be independently verified by buyer.
Property Type: Commercial OfficeLocation: 1148 Jenks Ave, Panama City, FL 32401Square Footage: 1900Zoning: CommercialIncome-Producing: YesOffices: 6Bathrooms: 2This prime commercial office space located in the heart of Panama City presents a fantastic investment opportunity. Positioned at 1148 Jenks Ave, this property is not only well-maintained but is also income-producing, with established tenants providing consistent cash flow.Property Features:Spacious office layout designed for a variety of professional usesAmple on-site parking available for both tenants and clientsConvenient access to major roads and downtown Panama CityAttractive, well-maintained exterior and professional curb appealInvestment Highlights:Income-Producing: Leased by reliable tenants, this property offers an immediate revenue stream.Prime Location: Centrally located in Panama City's business district, making it desirable for current and future tenants.Growth Potential: As the city continues to expand and develop, the value of this property is poised for appreciation, offering long-term investment potential.This commercial office building is an excellent turnkey investment for anyone looking to add a hassle-free, income-generating property to their portfolio. Don't miss out on this opportunity to own a valuable piece of real estate in Panama City's growing market!
COMPLETELY UPDATED MEDICAL BUILDING DIRECTLY ACROSS THE STREET FROM ASCENSION SACRED HEART HOSPITAL WITH HIGH TRAFFIC COUNT! This medical building consists of two separate buildings that can each accommodate medical offices, and the second building also has an additional private office and apartment. The main building with approximately 3,864 SF features a reception area with large waiting room, six exam rooms, five offices, a medical supply/surgery room and two bathrooms. The second building has approximately 3,268 SF that includes a reception office and waiting area, four exam rooms, surgical room, large office and 2 bathrooms. As part of this building, there is also a separate private office with its own entry and bathroom, as well as a two-bedroom apartment at the west end of the building that would be perfect for traveling personnel. All exam rooms have been plumbed with sinks, and the buildings have both 220 and 110 electric. These offices are all move-in ready!!
The median home value in Panama City, FL is $305,000. 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 $305,000. Approximately 49.2% of Panama City homes are owned, compared to 40.89% rented, while 9.91% 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 has a population of 34,521. Panama City is less family-centric than the surrounding county with 24.07% 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 is $51,569. 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 is 39.2 years.
The average high temperature in July is 90 degrees, with an average low temperature in January of 42 degrees. The average rainfall is approximately 59.8 inches per year, with 0 inches of snow per year.