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$650,000
761325 MLS
Prime Commercial Corner Site at the busiest intersection on the east side of Panama City, located on the southwest corner of Highway 22 & Tyndall Parkway (Highway 98). The site is zoned Commercial in the City of Callaway with great visibility, easy access & public utilities. High Traffic counts on Hwy 22 (8,800 vehicles per day - 2023 FDOT) & Tyndall Parkway (35,500 vehicles per day - 2023 FDOT). The site is located less than 1 mile south of the Callaway SuperWalmart, and in close proximity to Bay County's 3 largest employers, Tyndall Air Force Base, and Eastern Shipbuilding. Building was demolished and cleared after Hurricane Michael, slab was left in place. Site is in a FDEP Petroleum clean-up program, information is on file.

5512 E Highway 22, Panama City

Listing courtesy of Counts Real Estate Group.

$4,900,000
772654 MLS
Exceptional opportunity to acquire 2.57± acres of prime commercial waterfront property, strategically located in Panama City. Zoned General Commercial, this site supports a broad array of development opportunities such as retail centers, professional office complexes, service businesses, wholesale sales, shopping plazas, and more. The zoning is designed to accommodate intensive commercial activity, making it ideal for developers or investors seeking a high-potential waterfront site in a growing market. Boasting a 2024 FDOT Average Daily Traffic Count of 41,500, this high-visibility site offers unparalleled access and exposure for a wide range of commercial ventures. Situated close to major regional landmarks including Hathaway Bridge, the Port of Panama City, Gulf Coast State College, and Florida State University's Panama City campus, this property sits at the crossroads of commerce, education, and infrastructure. Don't miss this rare opportunity to develop a high-impact commercial property in one of Panama City's most accessible and dynamic locations.

XXX W Highway 98, Panama City

Listing courtesy of SOUTHERN WAY REALTY, INC..

$749,000
775439 MLS
**Now Offering Seller Financing, See Agent Remarks for Terms** Rare Commercial Opportunity on Thomas Drive - 1 Acre in Panama City Beach! Now's the time to lock in a valuable piece of PCB's booming future. Located in one of the highest-traffic corridors of Panama City Beach, this 1-acre commercial parcel at 1735 Thomas Drive offers unmatched visibility, accessibility, and development potential. Zoned commercial and surrounded by established businesses, this prime property is ideally positioned just minutes from the beach, the Navy Base, and Grand Lagoon. With approximately 100 feet of road frontage on Thomas Drive, this site delivers excellent exposure to daily commuters, beachgoers, and year-round visitors. Whether you're a developer aiming to establish a retail strip, restaurant, or office complex--or an investor seeking prime land in a rapidly growing market--this is your opportunity to secure a strategic stake in Panama City Beach's continued growth. Opportunities like this are few and far between. Don't miss your chance to build something remarkable in one of the Gulf Coast's most dynamic corridors. Call today and turn possibility into progress!

1735 Thomas Drive, Panama City

Listing courtesy of Think Real Estate.

$435,000
750159 MLS
PERFECT LOCATION FOR A DRIVE THROUGH COFFEE SHOP. Superb location on 23rd street with high traffic count and visibility. Property is located right before I Hopp on the left and corner of Mercedes Street, and in front of 'Days Inn Suites'. Seller is interested in splitting/dividing this parcel in front of the Hotel as he has no need for it. There is allready a paved road to access the parcel. Land is high and dry and ready to build for office building, oil change and numerous other possibilities. Lots and commercial land are scarce on 23rd Street. This section is waiting for you to build out. Land section measurements are approximately and should be verified by Buyer or Agent. Approx land measurement is around 150 x 113.

1035 E 23rd Street, Panama City

Listing courtesy of Coastal Sun Realty LLC.

$230,000
770270 MLS
Development Opportunity in Panama City FL. High and Dry commercial land that is development-ready with 285+/- ft of frontage on Sherman Ave. No flood zone or wetlands. Partially cleared. Construction and Engineering plan already in place with development order currently under review for a 5,400 SF warehouse/office with office and parking . Commercially zoned property is suitable for multiple commercial uses and may be used for other purposes than the plan described here. Zoned C3-A Commercial. Construction Plan available Upon Request. This includes: Site plan, Grading plan, Utility plan, Stormwater Management plan, Erosion Control, Landscape plan, Construction details and more. Engineering and construction plan is optional but may convey to buyer with offer. Development Plan is currently under review with Bay County. No construction has been started. All information here is believed to be reliable. Buyer should verify all important figures including measurements, property lines, and​​‌​​​​‌​‌​​​​‌‌​​‌‌​‌‌​​‌​​​‌​‌ usage.

2367 N Sherman Avenue, Panama City

Listing courtesy of Think Real Estate.

$760,000
766078 MLS
Absolutely beautiful waterfront property on East Bay with Gulf access! This 1.98-acre property, comprising 14004, 14008, and 14012 Allanton Rd, offers endless possibilities for investors or anyone looking to build their dream home. Located in a quiet and secluded area just 15 minutes from Callaway, it's the perfect retreat for nature lovers, teeming with wildlife and known as a great fishing spot. The property boasts over 300 feet of water frontage, including 200 feet of sheet piling and a concrete seawall. A well-maintained 8'x200' dock (installed in 2015) enhances its waterfront appeal. Ready to use, the property features essential infrastructure, including a water well with pump house, a septic system, and five full RV hookups. With breathtaking East Bay views and convenient Gulf access, this property is primed for your vision. A current survey is available, ensuring a smooth transition for its new owner. Don't wait—this rare opportunity won't last long!

3 Lots ALLANTON Road, Panama City

Listing courtesy of Elite Realty.

$612,000
774974 MLS
This exceptional waterfront property on East Bay offers approximately 102 acres, subdivided from a total parcel of 307 acres. The seller is providing an opportunity for you to acquire a substantial piece of land where you can construct your dream home with deep water access on East Bay, situated across from Tyndall and adjacent to the intercoastal waterway. This expansive home site allows for multiple possibilities: you could build several residences to create a family compound. The property is suitable for living the great outdoor life; create walking trails, ride 4 wheelers, have your own horse farm with plenty of room to ride, grow your own vegetable and herb gardens, raise chickens and other farm animals. It also holds great potential for a corporate retreat, imagine water sports, hiking, bonfires, hunting or shooting range, outdoor pavilions, and individual cabins. There is so much you can do on 100+ acres. The site boasts between 850 to 1000 feet of waterfront frontage and over 800 feet of road frontage giving you plenty of privacy. Currently, the land features planted pines, some hardwood trees, and abundant wildlife. Enthusiasts will find exceptional fishing opportunities and various water sports right at their doorstep. Additionally, it is common to spot dolphins swimming in the bay in front of the property. Zoning is Bay County CSVH - Conservation Habitation. Zoning uses are attached in documents.

Parcel 1 Allanton Road, Panama City

Listing courtesy of Coastal Choice Realty LLC.

$612,000
774977 MLS
This exceptional waterfront property on East Bay offers approximately 102 acres, subdivided from a total parcel of 307 acres. The seller is providing an opportunity for you to acquire a substantial piece of land where you can construct your dream home with deep water access on East Bay, situated across from Tyndall and adjacent to the intercoastal waterway. This expansive home site allows for multiple possibilities: you could build several residences to create a family compound. The property is suitable for living the great outdoor life; create walking trails, ride 4 wheelers, have your own horse farm with plenty of room to ride, grow your own vegetable and herb gardens, raise chickens and other farm animals. It also holds great potential for a corporate retreat, imagine water sports, hiking, bonfires, hunting or shooting range, outdoor pavilions, and individual cabins. There is so much you can do on 100+ acres. The site boasts between 850 to 1000 feet of waterfront frontage and over 800 feet of road frontage giving you plenty of privacy. Currently, the land features planted pines, some hardwood trees, and abundant wildlife. Enthusiasts will find exceptional fishing opportunities and various water sports right at their doorstep. Additionally, it is common to spot dolphins swimming in the bay in front of the property. Zoning is Bay County CSVH - Conservation Habitation. Zoning uses are attached in documents.

Parcel 2 Allanton Road, Panama City

Listing courtesy of Coastal Choice Realty LLC.

$1,250,000
767026 MLS
PRIME COMMERCIAL OPPORTUNITY-4.18 ACRES ON THE CORNER OF HIGHWAY 231 AND SHORES RD! Don't miss this rare opportunity to own a highly visible 4.18-acre corner parcel on bustling Highway 231, just north of Highway 390, a key gateway corridor into Lynn Haven, Panama City and Panama City Beach, Florida. Situated just south of the Cherokee Heights Road intersection and minutes from the new Publix shopping center, this property offers unmatched exposure in one of the region's fastest growing areas. With high traffic counts, convenient access, and proximity to established and new residential communities, this site is ideal for a variety of commercial developments- restaurant, medical or professional office space, retail center, or storage units- you name it! Its strategic location captures consistent flow from both locals and tourists traveling to the 'World's Most Beautiful Beaches' via Highway 231, making it a smart investment for businesses seeking high visibility and growth potential. Two parcel numbers are included 05857-013-000 and 05857-137-000. CALL FOR TODAY FOR MORE INFORMATION ON THIS PRIME LOCATION!

5505 Shores Road, Panama City

Listing courtesy of Coldwell Banker Realty.

$199,000
761821 MLS
**Discover Your Coastal Retreat** Welcome to this exceptional property, perfectly positioned just 2 minutes from the S Burnt Mill Creek boat ramp. Situated on a generous lot, this gem offers an idyllic setting for fishing enthusiasts, with effortless access to Pier Park and Lynn Haven, each only a convenient 20-minute drive via Route 388. As Bay County's real estate scene heats up with exciting developments from St. Joe and Lattitudes Margaritaville, this location stands out as one of the area's most sought-after destinations. For those who travel frequently, you'll appreciate the property's proximity to the ECP airport, just a 7-minute drive away. Although only a short distance from the lively beaches, this property offers a serene retreat, allowing you to experience a unique slice of Florida's paradise. With a public boat ramp just 0.3 miles away, you have direct access to West Bay and a route to the Gulf of Mexico. The property benefits from the privacy of a conservation area to the north, ensuring a tranquil and natural backdrop. Whether you prefer to enjoy nature from the comfort of your home or embark on waterfront adventures, this property provides endless possibilities for coastal living. Wildlife enthusiasts will delight in frequent sightings of Bald Eagles, Osprey, and Dolphins. Anglers can take advantage of the diverse species available right off the dock, including Red Fish, Spotted Sea Trout, and Catfish. Kayaking and paddleboarding are also easily accessible, adding to the appeal of this waterfront haven. Don't miss the opportunity to experience this incredible property for yourself. Come and see the potential today!

9399 S Burnt Mill Creek Road, Panama City

Listing courtesy of Counts Real Estate Group Inc.

$175,000
763265 MLS
PRICE REDUCED! This .75 acre waterfront paradise is primed for your dream home. Situated in a sweet spot right on Emmons Bayou at East Bay, this lot provides sweeping panoramic views where you can catch both the sunrise over East Bay and the sunset over the bayou. Bring your boat and enjoy your brand new, private dock from day one! It is rare to encounter waterfront property with a new dock already in place, which is a testament to the seller's considerable investment in this land. The lot offers 100 feet of water frontage and a water depth ranging from approximately 2.5 to 4 feet, ample for smaller boats and perfect for fishing or venturing out to the Bay and Gulf. The property has been thoughtfully prepared - already surveyed, leveled, equipped with a gravel drive, and also features a new wood fence in addition to the dock. All utilities are accessible at the street. No HOA here and very few cars pass by on this dead-end street. Of note is that the lot next door is also available, which would provide a total of almost 1.5 acres and 200ft of waterfront! The surrounding area includes the gated East Bay Preserve and Yacht Club plus several million+ dollar homes with more being added. Very convenient location that's less than 10 minutes to Tyndall AFB, community parks, lots of restaurants, and shopping. Plus it's an easy drive to Mexico Beach or Panama City Beach. Excellent investment opportunity - come take a look for yourself!

Lot 13 S Berthe Avenue, Panama City

Listing courtesy of Coldwell Banker Realty.