The median home value in Panama City, FL is $305,000.
This is
higher than
the county median home value of $285,000.
The national median home value is $308,980.
The average price of homes sold in Panama City, FL is $305,000.
Approximately 46% of Panama City homes are owned,
compared to 40% rented, while
13% are vacant.
Panama City real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Panama City real estate agent to arrange a tour today!
Learn more about Panama City.
Beautiful Church in St. Andrews with Fellowship Hall, complete kitchen, and 12 classrooms. With renovation and new addition in 2005, this building is well built, designed, maintained, and features many extras. Additional parcel with address as 3007 W. 14th St, Parcel ID#: 29959-000-000 conveys with offering. Has been used as Parking lot and is zoned Commercial. Sanctuary seating is posted as up to 165.
ZONED - GENERAL COMMERCIAL! OWNER FINANCING AVAILABLE WITH $5,000 down. Located just north of Cherry St. Flood zone X (no required flood insurance).
Vacant corner lot topped with gravel and close to downtown. One block south of Bay High School. Zoned General Commercial. 11th street sees 10,500 cars per day. Per Panama City Land Development code Building setbacks are 25' rear, 15' front, 12' sides. The following uses are allowed in GC-1 zoning districts; all other uses are prohibited:1.Neighborhood-scale commercial uses, not to exceed 20,000 square feet of heated and cooled space in size per parcel. Such uses may include:i.Professional office and personal services.ii.Private childcare or day care for children.iii.Commercial recreational facilities.iv.Grocery and convenience retail such as beauty parlor, barber shop, laundromat, dry cleaner, and other retail establishments meant to serve the immediate vicinity.v.Athletic clubs, dance or music studios.vi.Food establishments without a drive-thru window.vii.Public utilities customarily found in residential areas.viii.Other similar uses serving the neighborhood area.Call your favorite hard working realtor to make an offer today. All information beleived to be accurate but buyer to verify any details if important.
This historic 2 story building in downtown Panama City is located only a block from the bay and Panama City Marina. There is a lot of opportunity waiting for the new buyers with this versatile property such as retail business on the 1st floor and residential on second floor. There is even a walk in vault/safe on the first floor. The second floor has offices studded out currently.
Dynamic corner commercial vacant property located directly across street from Dollar General store in the Cove. The Tax ID Parcel # above also includes a second parcel (Tax ID # 20985-010-000) making this a larger L-Shaped property (total near .65 acre). The main rectangular parcel is approximately 164 feet on Cherry Street and near 150 feet deep to alley along rear of property. The adjoining parcel adds near 25 feet x 160 feet piece along the alley and behind the existing office bldg to East (see attached sketch in documents). The total parcel being sold is L-Shaped and just under (7/10ths) of an acre. This property was formerly a a gas station (Jr Foods store and EZ Serve) for many years. See copy of DEP remediation letter acknowledgement in attached Documents. More recently the former building was an Ambulance Company, but the building was seriously damaged by Hurricane Michael (2018) - and the building has since been removed. The property is currently vacant land with multiple concrete pads on site. With soon to be complete Cherry Street rehab and renovation (repaving/landscaping/widened walks...This location would be a great site for commercial business/retail storefront/or office space. Several multi-family property uses are in the area. The current owner has little knowledge about former site usage and has no specifics on prior remediation. Seller has no problem granting buyer site access for environmental audits or other inspections per typical sales contract negotiations. The Cove is a popular and well populated mostly residential area - the right retail or service business should handsomely succeed at this location.
''Prime Opportunity!'' This vacant commercial lot offers an ideal investment for business development. This lot boasts 1.15 acres of land, with Appx 220 feet of road frontage perfect for constructing your next business venture. Priced to Sell! All measurement are approximate, please verify if important
Commercial vacant lot on a busy, central street in Panama City! This lot is located near Ascension Sacred Heart Bay and is just a short drive to Downtown Panama City and Downtown Millville. This lot also offers an easy route to Panama City Beach, Lynn Haven, and Hwy 231. This lot would make a fantastic spot for a business with plenty of traffic. Check out this lot today!
3 lots in central Panama City! These lots are located across the street from Ascension Sacred Heart Bay and are just a short drive to Downtown Panama City and Downtown Millville. These lots offer an easy routeto Panama City Beach, Lynn Haven and Hwy 231- making it a breeze to enjoy all that Bay County has to offer! Check out this property today!
Here is an incredible opportunity to be a part of the Historical Downtown Panama City corridor and the revitalized City Marina area! This building is currently setup as a church with upstairs office and storage space, however the possibilities are endless for potential usages. Formerly 4 separate commercial spaces and can be converted back with some work. Or convert to retail with living above, or an event space with second story waterviews! Or how about a terrace on top restaurant and bar with waterviews? Parking lot with approx 50 spaces! Unheard of downtown! This .74 acre parcel also has a unique alley road access making entry/exit advantageous for multiple businesses. Or remove it all and start from scratch with fresh vision! Building will need foundational work before occupancy. Close to the Martin Theatre, Hotel Indigo, the Marina Civic Center, PC Visitor Center and the upcoming Marina to Marina walking path. Parcels like this do not come available often so don't miss out on this!
This historic 2 story building in downtown Panama City is located only a block from the bay and Panama City Marina. There is a lot of opportunity waiting for the new buyers with this versatile property such as retail business on the 1st floor and residential on second floor. There is even a walk in vault/safe on the first floor. The second floor has offices studded out currently.
Ghost Smoke Shop **Business Only For Sale**Includes about 35k in inventory value with about 12k in furniture and equipment. Including Disposable Tobacco Vape, CBD vape, CBD products, Delta8/9/10/11 products, pre-roll, flowers, gummies, vape tools and juices, kratoms, all blunts, paper, leaf. Premium cigars, cigarettes, pipes and dabs, incense and all types of smoking kit & accessories, soft drinks, beers, toys, hats and other items. Also includes all displays, showcases, shelves, racks, decoration, ATM machine, retail display coolers, humidors, and lighting. There is also a Bitcoin machine that pays $300 each month!
Strategically positioned just off the bustling 15th Street and Martin Luther King Jr Blvd, this vacant commercial plot offers a lucrative opportunity for savvy investors and developers.Don't miss out on this opportunity to acquire a slice of commercial real estate in the heart of the city.
Unique opportunity awaits with this .964 acre commercial property located on a corner lot. This versatile parcel includes a triple wide mobile home that has been grandfathered in, offering a rare advantage - the flexibility to use it for either residential or commercial purposes. A key feature is the wheelchair ramp on front deck, ensuring accessibility for all. Essential services are in place, ensuring a smooth transition for any future development or immediate use of the mobile home. Current zoning is C2 with future land use of General Commercial!*Listing agent has a familial interest with seller.
Prime Commercial Land - Expandable with Adjacent Corner Lot. This parcel is currently zoned C2. Future Land Use shows General Commercial. Equipped with utilites.
Prime Commercial Vacant Land - C-1 zoning on a corner lot. Utilities Ready: Corner lot is equipped with water, sewer, electricity and gas. With C-1 zoning, this corner lot supports a diverse range of commercial uses, from eateries and retail shops to offices and service centers, giving you plenty of flexibility to bring your business vision to life. Future Land Use as General Commercial: This designation opens up a vast array of possibilities ensuring long-term value and versatility. Adjacent lot 1312 N East Avenue is also available.
Excellent opportunity with 43,500 daily traffic count. Prime location zoned General Commercial. Property has perviously been improved and demolished after the storm, leaving a blank slate for your vision.
This is a great opportunity tp purchase a commercial lot on 11Th St. Major access as 11th St is a main corridor in the area. High visibility location. Buyer need s to research allowable uses, set backs, etc.
Back to market and now priced to sell is the Art-Deco inspired Design Salvage building located in Historic St. Andrews in Panama City. At nearly 7,900sf this property is one block off Beck Avenue and just a short walk to the water. The building is a brick and block building with a parcel-height door and open work space. Situated across from Little Village, public parking, and all of the St. Andrews restaurants this property is perfect for a retail store, design showroom, event space, entertainment venue, or live-work. Potential buyers may take advantage of the Historic St. Andrews Waterfront Partnership grants and property improvement opportunities. Call Listing Agent for more information and showing instructions.
This property in downtown Panama City presents an exceptional opportunity for aspiring business owners. With its prime location and versatile layout, it offers numerous possibilities for various business ventures. Key features of this property include:Prime Location: Situated in downtown Panama City, the property enjoys high visibility and accessibility, making it an ideal spot for attracting customers and clients.Ample Parking: The large parking lot with space for approximately 20 cars ensures convenience for both customers and employees, enhancing the appeal of the property.Versatile Layout: With 5 office spaces, a bathroom with a shower, and plenty of indoor storage space, the property offers flexibility to accommodate different types of businesses.Previous Usage: The property has a history of successful use as a dental clinic, jewelry store, and most recently, a barber shop. This diverse background highlights its adaptability to various business concepts.Included Equipment: The conveyance of barber chairs and equipment adds value to the property, especially for entrepreneurs looking to establish a salon or similar business.The metal roof, installed in 2018, enhances the property's durability and energy efficiency, offering peace of mind to potential buyers.Potential business options for this property include:Office Space: Utilize the office spaces for professional services such as consulting firms, law offices, or real estate agencies.Boutique Storefront: Transform the property into a trendy boutique offering clothing, accessories, or specialty items.Salon or Spa: Capitalize on the existing amenities and equipment to create a stylish salon or spa catering to beauty and wellness services.Other Retail Ventures: Explore possibilities for retail ventures such as a gift shop, art gallery, or specialty food store.Overall, this property presents a compelling opportunity for entrepreneurs seeking a prime location and versatile space to establish their business in downtown Panama City. Interested parties are encouraged to explore this opportunity further to unlock its full potential.
a PRIME PROPERTY ON A HIGH TRAFFIC FOUR LAND HIGHWAY WITHIN 4-5 BLOCKS DOWNTOWN. tHIS BUILDING IS CURRENTLY A OPERATING REStaurant. The SALE INCLUDES EASY IN AND EASY OUT TO THE FOURLANE HIGHWAY. jUST DOWN THE STREET FROM THE NEW SNUG HARBOR BOAT RAMP. The sale includes the hood in the kitchen and a walk in cooler. The sale does not include the remaining restaurant equiptment. The owner is willing to sell the equiptment. All measurements are from the propety appraiser office.
Explore the potential of this prime commercial lot located in the heart of a Panama City Opportunity Zone. This strategically positioned property offers exceptional convenience to Ascension Sacred Heart Bay, Downtown Panama City, and the city's vibrant attractions. Zoned GC-2, the front portion boasts 43 ft of frontage on Hwy 77/MLK Blvd, providing high visibility for your business ventures. The back half, with Louisiana Ave frontage, is Zoned R-1, offering versatility for various uses.With a substantial depth of 254 ft, this lot spans a total of 0.250 acres, presenting an excellent opportunity for commercial development. Notably, this property is adjacent to another listed property at 1110 Louisiana Ave, measuring 0.231 acres. Consider the potential of owning both properties, unlocking a myriad of possibilities for your investment portfolio. Don't miss the chance to capitalize on this strategic location with endless opportunities!
Assumable First Mortgage of $250k, buyer needs down payment for remaining balance of purchase price. 12 unit commercial building located in the much desired and booming St. Andrews Historic District. First floor is comprised of (6) office space rental units while second floor has (6) apartment rental units. Building is within walking distance to many popular St. Andrews restaurants and directly across street from the brand new Charlie Coram's restaurant. All information deemed reliable, please verify for accuracy. One of the partners in LLC is a licensed Florida"""""""""""""""""""""""" realtor.
+/-24,924sf Courthouse facility, situated upon +/-2.7ac. Constructed in 2003, recently completed shell renovations. Currently in warm shell condition (elec/plmb/hvac) all MEP systems in place and operational.Ample parking (117 spaces, 5-hcap), 4.68:1000.Centrally located in close proximity to downtown Panama City, Lynn Haven, 23rd Street Retail, Tyndall AFB and major arterials (Hwy 231/Hwy 98/Hwy 77)
1 Acre +/- Prime Commercial Property with 132' Frontage on N East Ave! This property is Zoned as General Commercial 1 and currently has a 3 bedroom, 1 1/2 bath residence on site which can easily be made into an office or retail space. Property also boasts a 30'x40' metal building with underground electrical and a 400AMP 3 Phase Circuit Panel. Facility was used as a fabrication shop that currently has 50k worth of equipment (Property sells for 483k with equipment) Metal building has hurricane damage and requires new roof. There is also a 10'x12' concrete storage building located behind residence. This property has loads of potential, convenient transportation, and well-dwelling. It can be developed into a retail plaza, complex plaza, & storage building. This is a MUST SEE for your future business.