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.
BAY FRONT COMMERCIAL FREE-STANDING BUILDING, 3,492 sq. ft. sits on over an ACRE. Honestly a Gorgeous Bayfront Acre! Houses various Palm trees and the back half is more of a Sandy Beach area. Large parking area that can be refurbished for plenty of Parking spaces. Formerly a restaurant/bar available for your imagination to run wild. Property has eastward views over East Bay and 120 bay front footage as well as 120 ft along Business 98. 385 ft. deep. Idea was to Renovate and make it a Beer Garden with Bayfront Outside Beer shack and stage for Live Bands. Conveniently located near the Dupont Bridge and Tyndall AFB. High traffic flow daily, Perfect for a New restaurant, Club or simply use for Large Warehouse space. Buyer and Buyers agent to verify all dimensions and anything deemed important.
Hard to find 2 acre COMMERCIAL lot located on 231 with frontage on both HWY 231 and CR 2301. North Bay County is growing fast and this type of property is going to become scarce. With the growing number of homes being built in the North Panama City area, the need for business is great and this vacant lot has unliited possiblities. The location offers signifcant traffic counts on both HWY 231 and County Road 2301 and with access from both, it allows ease of ingress and egress. Get the exposure your business needs right here at 6725 HWY 231.
Prime investment property in Panama City, FL, offering +/- 4.22 acres onHwy 231 at the corner of Jessa Road with approximately 422 feet offrontage. Average annual daily traffic count of 30,500 in unincorporated BayCounty. With General Commercial zoning and a median cut directly in frontof the site, this parcel is strategically positioned within the path of majordevelopment. Close proximity to the FedEx distribution facility, EasternIndustries, Conner Industries, etc. 4.8 miles to Hwy 390 and 8.8 miles to23rd Street. Great location for many commercial uses including retail,convenience store, restaurant, etc.
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.
Large home on a corner lot! Great, convenient location. Zoned ''mixed use'' so it would make a great office space. Currently this is a 3-bedroom 1 bath home. Functional kitchen, inside laundry room, living room and a large family room with fireplace. Large carport! Huge corner lot - just under 1/2 acre. New roof - 2019, but still has some damage from Hurricane Michael. Capitalize on this great deal! (all sizes approximate and taken from public records, buyer to verify any details buyer deems important).
Great Opportunity to Own almost 5 acres and 335 feet on Highway 2301. This is the perfect spot for Neighborhood Commercial. Property currently zoned for mobile homes and townhomes. Bay County stated that can be requested to rezone to Neighborhood Commercial use. FDPT traffic count in 2022 was in excess of 8,000. With all the growth in the area this has probably close to doubled.
Perfect location for trade contractors and other commercial users. This commercial building has been utilized as a cabinet shop since 2002 when the current owners purchased the property. The 2,460 square foot building includes 10 foot eves, single & three-phase power, and a new metal roof in 2019. Property is located in unincorporated Bay County and has public water & sewer. Water is connected to the building and sewer is stubbed next to building but not connected. Building also includes a 15 Ft. x 39 Ft. outdoor covered attached storage area, a detached wood shed, and the shipping container on the east side of the building. The property is being sold AS-IS and is ready for immediate occupancy.
Large lot with all utilities available ready for development. good elevation and access with 230 +/1 feet on Kimbrel Ave. Though previously undeveloped, previously cleared with some growth returned.Owner will finance to qualified Buyer.
Attention Investors! Shoreline waterfront directly across from Tyndall AFB. Deep water that leads out to the Bay and Gulf! Zoned Mixed Use 2. There is 60 feet of water frontage with a private beach! The location has huge potential for future development for forward thinking investors not to mention the potential for a wonderful waterfront dream home! There is a shallow well that was originally used for an inground pool and yard irrigation.
This COMMERCIAL LAND offers many development opportunities. This property would give access to adjacent land currently for sale on MLS listing #715911.This land is well suited for a variety of business types such as boat and RV storage, or nursery and landscaping supply. The zoning information will be available in the Documents Tab. Personal items currently on this property will be removed prior to closing. All reasonable offers will be considered.
GREAT COMMERCIAL LOCATION ON BUSY HWY 231. OVER 4 +/- ACRES OF LAND JUST WAITING FOR A BUSINESS. INCLUDE PARCELS 05814-010-000 AND 05732-020-000
LOCATION! LOCATION! LOCATION!! Discover an exceptional opportunity with this 16.53-acre parcel situated at 401 N Kimbrel Avenue in the dynamic and developing Panama City, Florida. Boasting a prime location that is conveniently close to educational institutions, recreational areas, and vital employment hubs, including Tyndall Air Force Base, this site is ideal for developers looking to respond to the city's current and future housing needs. The property offers ample space for a significant multi-family residential project, with zoning classification R5-A, which allows for the construction of up to 25 residences per acre. The max allowable units in this location is 413. We are excited to welcome investors to the market for a development-ready project after owners have completed the initial work and preparation. The potentially 400 door multifamily development has been cleared. The 16.5 acre parcel is opportunistically situated along busy highway22 and also connects to highway 98. All pre-development work and permits have been issued. Property is located along a main artery of the area on both sides. The property is within a 30-minute drive to the sugary sands of the Panama City, Beach and offers various ecotourism opportunities. In a quick 15 minute drive, you will arrive to the revitalized Downtown Panama City, with its walkable shopping and waterfront dining opportunities. It lies in a strategic locale and is well-positioned outside the flood zone, making it a valuable find for a visionary development tailored to accommodate the influx of professionals and their households. This is a cornerstone opportunity to contribute to the area's resurgence with a development that captures the spirit of growth. This versatile plot stands ready for a transformative development that will cater to both civilian and military families, contributing to the rejuvenation of the community. Capitalize on the opportunities of Panama City by investing in a property that offers promising potential for growth and prosperity.
Located directly across from the brand-new Dunes At Bridge Harbor subdivision and just 5.4 miles to Tyndall AFB, this 16 pad mobile home park is in great condition. There are 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 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 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.
Subject property is a 2.72 acre RV/Boat storage site within the East Bay Plat. It supports a 6 acre Marina site with a 3,300 SF CypressClub House and a composite dock. Also available separately, East Bay is a 321 lot subdivision with 7 remaining finished lots in Phase 1 and 190 unfinished lots in Phase II. The development is located on Cook's Bayou with deepwater access to St. Andrew's Bay, the Intracoastal Waterway and the Gulf of Mexico and just 10 minutes drive to Super Walmart, 20 minutes to Tyndall Air Force Base.
Seven finished lots in Phase I of East Bay. East Bay is a bayside community located in Cook's Bayou on St. Andrew's Bay with nearby access to the Intracoastal Waterway and the Gulf of Mexico. Fifteen minute drive to Tyndall Air Force Base and all commercial amenities. The roads have brick paver accents throughout the community.
Discover an investment opportunity with this waterfront property in Panama City, FL.Encompassing approximately 4 acres, this prime land offers deep water access on St.Andrew's Bay, with convenient proximity to the Intracoastal Waterway, the Gulf of Mexico, and Tyndall Air Force Base.
Callaway Cove'' Apartments is in Callaway, between Panama City and Tyndall Airforce Base. ''Shovel Ready''. Land is owned with no debt, 70% cleared and all 3rd party engineering reports and Phase 1 Environmental are complete. The ''DO'' (Development Order) is in place which was updated in May 2023 and allows for immediate horizontal construction. The ''Market Demand'' studies (MFA and HUD) show a demand of about 500 housing units in the Callaway submarket alone, due to strong core job growth and the depletion of housing units due to Hurricane Michael in 2018. Tyndall Airforce base, 6 miles away has four new F35 jet squadrons groups as well as the Drone division at the base, all needing housing.
9905 Hwy 231, .51acre parcel, zoned GC-3 Bay County (general commercial) Former nationally branded gas station and convenience store with excellent visibility and median cut located directly in front of property. The site includes a 1,200 +/- square foot building with ample parking and additional land. Ideal for redevelopment, opportunities include: gasoline service stations and convenience stores, retail, professional, automotive, automotive repair, laundromats, mini warehouses, construction and construction services etc.
***AGENTS AND INVESTORS...PLEASE REFER TO MLS #752604(UNDER THE COMMERCIAL FOR SALE CATEGORY) FOR ALL DOCUMENTS, ADDITIONAL RENDERINGS, AND INFORMATION. SELLER WILL FINANCE, CONTACT LISTING AGENT FOR DETAILS*** MIXED USE LAND WITH ALL CONSTRUCTION DOCUMENTS READY FOR DEVELOPMENT.
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
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 secure your slice of success today!
This is an opportunity to own 3.5 acres of prime real estate. this 3.5 acre parcel has a cypress dome on it that affects .5 acre+/- this is zoned R-6m so you can have single family homes or multi family on here please verify on any other projects that you have info from GIS Map. multiple access points for ease of entry and exit. there is a suspected road expansion coming through nothing has been done yet.This is a prime spot and priced to sell. sold as is. Buyer to verify any and all details.
2.677 acre parcel just 400 ft. from main intersection of Tyndall Parkway and Hwy. 22. This location would be great for a hotel/motel, gas station, fast food restaurant, and many others. Ideal parcel near busy intersection of Hwy 98/Tyndall Pkwy and Hwy 22! This intersection will only get busier as this area continues its growth!
PRICE IMPROVEMENT! Prime commercial land with road frontage on a very busy road ... Business Hwy 98! Located across from S Hwy 22A (aka Bob Little Rd). Zoning is Mixed Use.
YOU CAN OWN PARADISE! Almost 50 ACRES of the most Breathtaking, rare one-of-a-kind property in Bay County all while still being just close enough to Panama City and the awesome beaches of Panama City Beach! Zoned AG2 you'll have several options to choose from. Just look through the pictures and you will find this is truly a hidden gem. Complete with horse stalls and feeding station along with chicken coop, you can self-sustain here for months on end. Both Main Structures have a combined 18000 sq ft of roof coverage. Every detail inside was meant to dazzle with elegance. Roofs, ceilings, and walls all built with 2 x 6's. 16'' commercial tile throughout. Deep well with 5HP pump. Six oversized stalls. Equipment barn, custom cabinets, 10' ceilings, 9 bedrooms, 20X60 screened porch & 3 ponds!!