Panama City

Commercial Real Estate

Panama City's commercial real estate landscape is characterized by its variety, catering to a wide spectrum of needs—from retail and office spaces to industrial properties and vacant land for development. This diversity reflects the city's robust economic environment and its appeal to both local and regional businesses.

Panama City Commercial Listings May 24, 2024
51
Listed
226
Avg. DOM
$301.05
Avg. $ / Sq.Ft.
$675,000
Med. List Price
51 Properties
Page 1 of 2
$2,500,000
Neighborhood: [No Recorded Subdiv]
7
Acres
2001
Year Built
5
Days on Site
755066
MLS
$2,695,000
Neighborhood: Drummond & Ware Add
2.03
Acres
2019
Year Built
9
Days on Site
757208
MLS
$1,680,000
Neighborhood: St Andrews Bay Dev Cmp
1.1
Acres
1950
Year Built
10
Days on Site
757182
MLS
$1,500,000
Neighborhood: No Named Subdivision
47,480
Sq.Ft. Lot
1946
Year Built
19
Days on Site
756697
MLS
$495,000
Neighborhood: [No Recorded Subdiv]
0.4
Acres
1957
Year Built
23
Days on Site
756536
MLS
$8,250,000
Neighborhood: St Andrews Bay Dev Cmp
12
Acres
1980
Year Built
44
Days on Site
755565
MLS
$675,000
Neighborhood: No Named Subdivision
13,496
Sq.Ft.
1971
Year Built
50
Days on Site
755277
MLS
$499,000
Neighborhood: St A B Dev Co
0.25
Acres
1953
Year Built
50
Days on Site
755286
MLS
$550,000
Neighborhood: [No Recorded Subdiv]
0.08
Acres
1928
Year Built
51
Days on Site
755214
MLS
$55,000
Neighborhood: [No Recorded Subdiv]
0.21
Acres
1940
Year Built
54
Days on Site
755043
MLS
$400,000
Neighborhood: [No Recorded Subdiv]
0.81
Acres
1964
Year Built
67
Days on Site
754471
MLS
$225,000
Neighborhood: [No Recorded Subdiv]
2,438
Sq.Ft.
1955
Year Built
71
Days on Site
754308
MLS
$275,000
Neighborhood: [No Recorded Subdiv]
0.34
Acres
1982
Year Built
74
Days on Site
754134
MLS
$275,000
Neighborhood: [No Recorded Subdiv]
0.96
Acres
1996
Year Built
79
Days on Site
753834
MLS
$225,000
Neighborhood: Glenwood Addition
0.18
Acres
1975
Year Built
86
Days on Site
753461
MLS
$429,000
Neighborhood: Old Orchard
1,772
Sq.Ft.
1962
Year Built
91
Days on Site
753288
MLS
$109,000
Neighborhood: [No Recorded Subdiv]
0.12
Acres
2000
Year Built
100
Days on Site
752815
MLS
$799,000
Neighborhood: No Named Subdivision
0.4
Acres
1986
Year Built
101
Days on Site
752777
MLS
$1,400,000
Neighborhood: St Andrews Bay Dev Cmp
2.1
Acres
1985
Year Built
104
Days on Site
752649
MLS
$825,000
Neighborhood: No Named Subdivision
2009
Year Built
107
Days on Site
752509
MLS
$1,200,000
Neighborhood: [No Recorded Subdiv]
1.5
Acres
1981
Year Built
110
Days on Site
752371
MLS
$1,225,000
Neighborhood: No Named Subdivision
1.43
Acres
2005
Year Built
113
Days on Site
752245
MLS
$2,900,000
Neighborhood: No Named Subdivision
2.7
Acres
2003
Year Built
113
Days on Site
752272
MLS
$395,000
Neighborhood: No Named Subdivision
2,400
Sq.Ft.
1990
Year Built
116
Days on Site
752050
MLS
$433,000
Neighborhood: [No Recorded Subdiv]
1,530
Sq.Ft.
1954
Year Built
120
Days on Site
751905
MLS
$595,000
Neighborhood: [No Recorded Subdiv]
17,424
Sq.Ft. Lot
1924
Year Built
127
Days on Site
751571
MLS
$2,000,000
Neighborhood: [No Recorded Subdiv]
0.76
Acres
1960
Year Built
130
Days on Site
751393
MLS
$449,000
Neighborhood: No Named Subdivision
0.21
Acres
1947
Year Built
130
Days on Site
751407
MLS
$4,000,000
Neighborhood: [No Recorded Subdiv]
2.68
Acres
1999
Year Built
143
Days on Site
742787
MLS
$459,500
Neighborhood: [No Recorded Subdiv]
0.74
Acres
1942
Year Built
146
Days on Site
742252
MLS
$249,000
Neighborhood: [No Recorded Subdiv]
1.14
Acres
1982
Year Built
156
Days on Site
750563
MLS
$399,000
Neighborhood: No Named Subdivision
0.17
Acres
1947
Year Built
159
Days on Site
750407
MLS
$179,000
Neighborhood: No Named Subdivision
0.19
Acres
1933
Year Built
173
Days on Site
749886
MLS
$499,000
Neighborhood: No Named Subdivision
0.62
Acres
1965
Year Built
178
Days on Site
749672
MLS
$469,999
Neighborhood: [No Recorded Subdiv]
0.2
Acres
1986
Year Built
198
Days on Site
749076
MLS
$2,700,000
Neighborhood: No Named Subdivision
1,364
Sq.Ft. Lot
1977
Year Built
202
Days on Site
748851
MLS

Panama City Commercial Just Sold19 Properties

Address Beds Baths Sq.Ft. List Price Sold Price $/Sq.Ft. Sold Date
410 W 19th St Panama City,  FL 32405 410 W 19th St
Panama City, FL 32405
-- -- -- $350,000 $350,000 -- 5/17/24
1602 W 23rd St Panama City,  FL 32405 1602 W 23rd St
Panama City, FL 32405
-- -- -- $850,000 $800,000 -- 5/8/24
1102 W 16th St Panama City,  FL 32405 1102 W 16th St
Panama City, FL 32405
-- -- 500 $320,000 $296,000 $592.00 3/28/24
309 E 23rd St Panama City,  FL 32405 309 E 23rd St
Panama City, FL 32405
-- -- -- $825,000 $815,000 -- 3/25/24
939 Jenks Ave Panama City,  FL 32401 939 Jenks Ave
Panama City, FL 32401
-- -- -- $415,000 $375,000 -- 3/20/24
2238 Orlando Rd Panama City,  FL 32405 2238 Orlando Rd
Panama City, FL 32405
-- -- 1,800 $189,000 $165,000 $91.67 3/13/24
2400 St Andrews Blvd Panama City,  FL 32405 2400 St Andrews Blvd
Panama City, FL 32405
-- -- 5,465 $1,675,000 $1,500,000 $274.47 3/1/24
307 E 5th St Panama City,  FL 32401 307 E 5th St
Panama City, FL 32401
-- -- -- $189,000 $143,000 -- 2/28/24
3714 W Highway 390 Hwy Panama City,  FL 32405 3714 W Highway 390 Hwy
Panama City, FL 32405
-- -- -- $299,000 $250,000 -- 2/5/24
2202 State Ave #101 & 102 Panama City,  FL 32405 2202 State Ave #101 & 102
Panama City, FL 32405
-- -- -- $1,299,000 $900,000 -- 2/2/24
3407 W Highway 98 Panama City,  FL 32401 3407 W Highway 98
Panama City, FL 32401
-- -- -- $995,500 $900,000 -- 1/13/24
1800 Beck Ave Panama City,  FL 32405 1800 Beck Ave
Panama City, FL 32405
-- -- -- $315,000 $297,000 -- 1/2/24
2929 E Highway 98 Panama City,  FL 32401 2929 E Highway 98
Panama City, FL 32401
-- -- -- $445,000 $150,000 -- 12/29/23
923 Sanders Ln #A, B, C, D Panama City,  FL 32401 923 Sanders Ln #A, B, C, D
Panama City, FL 32401
-- -- -- $290,000 $250,000 -- 12/27/23
3115 Highway 77 Panama City,  FL 32405 3115 Highway 77
Panama City, FL 32405
-- -- -- $295,000 $195,000 -- 12/27/23
2726 E 15th St Panama City,  FL 32401 2726 E 15th St
Panama City, FL 32401
-- -- -- $1,195,000 $950,000 -- 12/20/23
1717 Beck Ave Panama City,  FL 32405 1717 Beck Ave
Panama City, FL 32405
-- -- -- $125,000 $106,000 -- 12/5/23
537 E 5th Ct Panama City,  FL 32401 537 E 5th Ct
Panama City, FL 32401
-- -- -- $249,000 $210,000 -- 11/30/23
302 Sherman Ave Panama City,  FL 32401 302 Sherman Ave
Panama City, FL 32401
-- -- -- $895,000 $495,000 -- 11/27/23

What's your Panama City Commercial Property Worth?

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Retail and Office Spaces:
Retail spaces in Panama City are available in high-traffic shopping centers and standalone locations, suitable for a variety of business types, including salons, barbershops, and professional services. Office spaces for lease offer flexibility in size and amenities, with options ranging from smaller, affordable suites to larger, premium office buildings, ensuring a fit for businesses at any stage of growth

Industrial Properties:
The industrial sector in Panama City includes warehouses with ample space for operations and logistics, featuring high ceilings and access to major transportation routes. New constructions offer modern facilities for manufacturing, storage, and distribution, emphasizing Panama City's role as a logistical hub in the region

Land for Development:

Vacant land presents opportunities for custom development projects, from commercial and retail to hospitality. Strategic locations offer frontage on major highways, making them ideal for high-visibility projects and investments

Investment Opportunities:
Panama City's commercial real estate market also includes a variety of investment opportunities, ranging from hotels and motels along the beautiful Florida coastline to commercial and office buildings. These investments cater to a wide range of budgets and business objectives, highlighting the city's potential for growth and profitability