Panama City FL Commercial for Sale

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Type:
Industrial
Sq.Ft.:
7,100
Status:
NEW LISTING
Beds:
n/a
Lot size:
0.35 Acres
Year built:
2001
Baths:
MLS#:
770458
Subdivision:
Holley Street Commercila Park

ADDITIONAL INFORMATION

Commercial Property in Holley Street Industrial ParkLocated at 7622 McKelvey Road in Panama City Beach, this 5,000 SF steel building offers a prime location between Thomas Drive and Front Beach Road, just minutes from NSA Panama City. The property includes 1,500 SF of warehouse space and 3,500 SF of heated and cooled office space, with the option to convert entirely to warehouse. Features include a 6-foot slab, two 12x14 roll-up doors, six offices, a conference room, full kitchen, full bathroom, reception area, and power control room. A separate mobile home at the rear offers 1,100 sq ft, three bedrooms, two full baths, a kitchen, living, and dining areas, providing rental income, on-site occupancy, or storage. Additional features include an outdoor shed and paved parking. Ideal for contractors, business owners, or investors.

Type:
Other
Sq.Ft.:
1,488
Status:
Active
Beds:
n/a
Lot size:
0.34 Acres
Year built:
1990
Baths:
MLS#:
769701
Subdivision:
[No Recorded Subdiv]

ADDITIONAL INFORMATION

This is a great Investment. A very busy and popular Street. Currently not being used as a car wash, but can be repaired to use as a car wash. Such a great location that any business you decide to put there would definitely be a money maker. There are many businesses around here as this is a very popular street with a lot of traffic flow. O'Reilly Auto Parts, Parkway Auto Repair, Avian, Marathon Gas Station, Business Park, and Dollar General to name a few!

Type:
Office
Sq.Ft.:
2,482
Status:
Active
Beds:
n/a
Year built:
1985
Baths:
MLS#:
767080
Subdivision:
Plazas Of St.Thomas I

ADDITIONAL INFORMATION

Rare opportunity at St Thomas Square, right at the intersection of Thomas Drive and Joan Drive in PCB!This is a Commercial condo, end unit, great visibility and has the most windows and natural light in the building, remodeled and in fantastic shape. great location with a lot of traffic, located in a plaza with multiple businesses, including restaurant, Liquor store, coffee shop, dentist office, hair studio and grocery store. The condo features 2,482 square feet, has extra large front desk, waiting area (which can easily be separated as an additional office) 4 extra large offices, additional very large conference room ( no windows in it), laundry room with washer and dryer, storage closet and additional storage space ( possibly additional office in the back), kitchen/breakroom and bathrooms. Currently leased out to a vacation rental/ property management company - Lease expires at the end of November 2025. They are flexible and can continue the lease, or can vacate upon closing, if the new Owner prefers it. The lease is NNN.Perfect space for an executive or professional office, medical practice, dental practice, real estate office, attorney office, title or loan company, entertainment place, escape room, retail, coffee shop or potentially a restaurant or sandwich shop.Tremendous opportunity in a great, well maintain location, surrounded by successful businesses, like Guadalajara Grill and PCB Winery.

Type:
Retail
Sq.Ft.:
4,415
Status:
Active
Beds:
n/a
Lot size:
0.41 Acres
Year built:
1982
Baths:
MLS#:
760373
Subdivision:
[No Recorded Subdiv]

ADDITIONAL INFORMATION

Please do not bother employees. Call for appointment. Entire building is for sale, situated in a prime location on Thomas Drive. Currently, half of the building is leased by the owner, presenting an investment opportunity. With 200 feet of road frontage on Thomas Drive, this property offers numerous possibilities for utilization in a highly trafficked area.The entire building and business are for sale. This 4,415 sqft building is situated on a corner lot in a prime location on Thomas Drive. Currently, Half of the building is leased by the owner to a Pool Hall and Bar, presenting an investment opportunity along with the Seafood business the seller has in the remaining half, all with 200 feet of road frontage on Thomas drive in Panama City Beach, Florida. This property includes a strong and growing business that the seller has that can be expanded on. This property offers numerous possibilities for utilization in a highly trafficked area. Current owner runs a growing Fresh seafood Business that is open year-round. Call Agent for more information on this opportunity to invest / own/ or run your own Business close to the Beach.

Type:
General Commercial
Sq.Ft.:
12,475
Status:
Active
Beds:
n/a
Lot size:
0.29 Acres
Year built:
2007
Baths:
MLS#:
765548
Subdivision:
Laketown Wharf

ADDITIONAL INFORMATION

This 12,475 SF condo was converted to a self storage facility, Laketown Storage. With over 750 units in Laketown Wharf and 2,000 units in the immediate area, the customer base is there.The space could also be converted to retail/restaurant/office.

Type:
Other
Sq.Ft.:
2,608
Status:
Active
Beds:
n/a
Lot size:
0.26 Acres
Year built:
1989
Baths:
MLS#:
764254
Subdivision:
Holiday Beach Unit 4

ADDITIONAL INFORMATION

Calling all Business Owners, Investors, and Creatives alike! This Commercial property sits on a 50x115 lot with frontage to one of Panama City Beach's busiest road. This property has already been in the process of being fully built out with still enough unfinished to be completed to buyers specifics. 8 offices are yours to make your own! With ample parking both in the front and back gives you an opportunity to create storage or keep as is. Please reach out with any questions or to schedule your showing!

Type:
Industrial
Sq.Ft.:
9,863
Status:
Active
Beds:
n/a
Lot size:
1 Acres
Year built:
2022
Baths:
MLS#:
763045
Subdivision:
[No Recorded Subdiv]

ADDITIONAL INFORMATION

A recent price adjustment of $100,000 makes this 9,000 square feet warehouse an excellent opportunity for investor or owner-occupied buyer. The property is strategically located on Joan Avenue in Panama City Beach, Florida. The building comes complete with 750 square feet of office space including: two executive offices, large foyer, conference room and two bathrooms. There is mezzanine storage above the office area. There are currently three 3,000 square feet spaces with six 8 feet by 10 feet roll-up doors. The engineered steel building measures 60' x 150' with the low beam height at 13' 7'' expanding to 16'11'' at eve. If desired, the building could be modified to 6 single 1,500 square feet bays or any combination thereof. The building was completed in 2022 and designed to withstand a wind velocity of 140 MPH. The site is .998 acres with excellent parking and large open areas for additional parking or equipment. Please see documents for plans and verify all measurements if important. There is one tenant occupying 3,000 square feet with a month-to-month lease.

Type:
General Commercial
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.43 Acres
Baths:
MLS#:
951491

ADDITIONAL INFORMATION

Introducing an unparalleled opportunity for developers and investors alike: a prime commercial parcel nestled in the heart of Thomas Dr. with tons of visibility from the highway. This meticulously regulated zone boasts a maximum height allowance of 230 feet, providing the canvas for innovative vertical development that maximizes both space and potential. The parcel is across the Boating Marina, high end restaurants and nearby beach access. Situated within Tax District 56, this property enjoys the benefits of county limits, offering a strategic location with access to essential infrastructure and amenities. With a lot size meticulously defined, developers can envision their projects with precision, optimizing every inch of the available space. Adhering to zoning regulations, the property allows for a multitude of R1-5 uses, extending from the beach line. From boutique shops to vibrant eateries, the possibilities for commercial ventures are as diverse as the coastal landscape itself. What sets this property apart is its unique stipulation on coverage: only 75% of the lot may be utilized for pavement, sidewalks, and infrastructure. This requirement fosters a harmonious blend of urban functionality and aesthetic appeal, ensuring that development maintains a balance between utility and environmental consciousness. Upon establishing the building footprint, developers are granted a designated usable space. Within this boundary, creativity knows no bounds, as 75% of the area can be fully utilized to realize the vision for the property. Whether crafting a sleek office tower, a chic retail hub, or a dynamic mixed-use complex, the potential for transformative development is boundless. In summary, this commercial parcel offers more than just a piece of landit presents an opportunity to shape the skyline and redefine the fabric of the community. With its strategic location, meticulous zoning regulations, and expansive potential, this property stands as a beacon for those seeking to leave a lasting mark on the coastal landscape.

Type:
Other
Sq.Ft.:
2,430
Status:
Active
Beds:
n/a
Lot size:
1.15 Acres
Year built:
1985
Baths:
MLS#:
753019
Subdivision:
Greentree Unit-1

ADDITIONAL INFORMATION

Don't miss this opportunity to own a bank property! This building was previously used as a bank and has fixtures and lay-out to support this concept already in place including a large walk-in vault and a double drive-thru. Alternate uses could include restaurant with drive through a cannabis dispensary or a number of uses requiring high visability, high traffic counts and great parking. This property also sit's on 1.15 acres and has a digital sign that convey's with the sale. There are 21+/- parking spaces and 2 separate entrance points. Location is only 5 min to the Worlds Most Beautiful Beaches with THOUSANDS of gulf front condo units along it's shores, just minutes away. Traffic counts vary from 20k+ per day to 30k+ per day depending on seasons. Building and land were previously leased for $8k per month. Call today for this great investment opportunity!

Type:
Office
Sq.Ft.:
2,160
Status:
Active
Beds:
n/a
Lot size:
0.17 Acres
Year built:
1983
Baths:
MLS#:
748451
Subdivision:
Bel Air

ADDITIONAL INFORMATION

PRIME COMMERCIAL CORNER OF THOMAS DR AND TARPON with 36x 60 metal building and large on -premises double faced billboard sign. Hig traffic and excellent visibility, zoining C1 neighborhood commercial zoning ,suitable for any number of business operations serving tourists and locals. (See Bay County Planning and Zoing for allowable uses) . Front and rear paved parking. Lots. Large roll up garage door in rear of building. Good ingress and egress by side street Tarpon. Walking distance to beaches, gulf front condos, amusements, bars, restaurants and vacation rental accommodations. High traffic and good visibility in Bay County Tourist Corridor . Roof replaced Dec 2018, new metal siding on mansard, east and west sides in 2014. .Ac New in 2020.

Type:
General Commercial
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
7 Acres
Baths:
MLS#:
931581

ADDITIONAL INFORMATION

7 Acres in the Heart of Panama City Beach located across from Signal Hill Golf Course. Prime location for a hotel, multifamily development or resort. Almost 900 feet along North Lagoon, you are less than 1500 feet to the beach. This property is located in the Tourist District and is zoned Commercial High Intensity. The property can be developed for up to 200 hotel rooms or 74 townhome units. Conceptual Renderings are available. Topo and Boundary Survey on File.

Type:
Other
Sq.Ft.:
7,487
Status:
Active
Beds:
n/a
Lot size:
1 Acres
Year built:
2008
Baths:
MLS#:
666940
Subdivision:
Coastal Palms Commercial

ADDITIONAL INFORMATION

The structure is a Class A, Retail/Office, 6,901 square feet building with tremendous upside. It is constructed of concrete poured block and steel beam supported ceilings. The roof is tile and one-piece member of rubber. It is equipped with a complete fire sprinkler system and is monitored on a 24/7 basis. The complex also has ample parking and excellent signage on Thomas Drive. The building consists of 2 units with one at 4985 square feet and the other at 1916 square feet. Taylor's Restaurant (previously Egg & I Restaurant) currently occupies the 4985 square feet unit. They are currently in their 3rd 5-year lease term. Realty One Group of the Emerald Coast occupies the remaining 1916 square feet of the building. They have a 2-year lease which ends Sept 2025.

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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 $370,000. This is higher 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 $370,000. Approximately 59.02% of Panama City homes are owned, compared to 22.73% rented, while 18.25% 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 32408 has a population of 18,140. Panama City 32408 is less family-centric than the surrounding county with 26.52% 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 32408 is $61,740. 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 32408 is 39.5 years.

Panama City Weather

The average high temperature in July is 90 degrees, with an average low temperature in January of 42.2 degrees. The average rainfall is approximately 59.7 inches per year, with 0 inches of snow per year.

Panama City Real Estate Market Conditions

  • Median sales price

    $370,000
    25% change since last quarter
  • # Active listings

    987
    30-day change

Panama City Schools and Demographics

Education near Panama City, FL

Metric City County
High School Graduates 95.82 90.08
College Degree - 2 year 15.16 11.67
College Degree - 4 year 37.37 25.6
Graduate Degree 8.26 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
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
Hutchison Beach Elementary School PK - 05 721 13.9 32407
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 32408

Metric Zip Code City
Neighborhood Type Suburban Suburban
Population 16,861 18,140
Population Density 1,598 2,241
Median Age 43.6 39.5
People per Household 2.3 2.4
Median Household Income 62,386 61,740
Average Income per Capita 39,856 38,438