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$7,700,000
745591 MLS
The very best commercial site in Panama City is now available for purchase. This 77± acre tract - WILL DIVIDE - is located at and around the southeast corner of Highway 77 and Baldwin Rd between the new 360 Gas + C-store and Tonya's Garden, and adjacent to 360 on Baldwin Road. The opportunities are endless for a property with this size and location. Being near the middle of ALL commercial activity in Panama City and Lynn Haven makes this site worthy of your serious consideration. Two median cuts on Highway 77. Excellent location for a commercial development and multifamily on the rear.

000 Baldwin Rd E, Panama City

Listing courtesy of Counts Real Estate Group.

$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.

$529,000
772914 MLS
Are you in need of a spacious warehouse in Panama City, FL? Look no further than this fantastic property! This warehouse features two large bays with 14ft roll up garage doors and 20 ft ceilings, perfect for easy loading and unloading of your goods or equipment. In addition, this property includes a small 500 sq ft office and half bathroom, providing convenience for your employees or clients. With plenty of space for storage or manufacturing, this warehouse is ideal for a variety of businesses looking to expand their operations. Don't miss out on this prime opportunity in Panama City. Contact us today to schedule a viewing and secure this fantastic warehouse for your business needs. Currently Leased.

758 W 13th Street Unit #7, Panama City

Listing courtesy of Salty Marlin Realty LLC.

$85,000
698594 MLS
Waterfront on Bayou George! Enjoy being in the country on the water within minutes to town! All info is approx and must be verified by the BUYERS if important.

6621 Azalea Street, Panama City

Listing courtesy of Own It Real Estate LLC.

$79,000
762008 MLS
Vacant land. great location for small business, thousand of cars driving buy each day. located between Beck ave/ corridor and Sweet Bay.

1631 Airport Road, Panama City

Listing courtesy of Keller Williams Success Realty.

$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..

$260,000
1 Beds ⋅ 2 Baths ⋅ 777502 MLS
This beautiful and spacious one bedroom unit at Laketown Wharf comes with bunk beds and two bathrooms. The living area and balcony overlook the lake and fountain which is peaceful. The main attractions to Laketown Wharf are the resort style amenities, onsite restaurants, a short walk across the street to the beach and convenient walkable shopping/attractions/dining. The units were built in 2007 making them some of the most modern on the beach. The unit can sleep and accommodate 6 people comfortably for seating/dining. The open floor plan and kitchen island allow for a great space for all to congregate together. Having two full bathrooms is a plus. The amenities onsite include convenient beach access, five pools (one heated) with large sunning decks, lakefront seating, 2 huge hot tubs, kiddie pool, multiple on-site restaurants, a putting green, and a fully equipped fitness center that overlooks the Gulf! Restaurants in the complex include: The Wharf Seafood Buffet, Juan Taco, The Bun Lab and In Cahoots, You'll also enjoy the nightly Fountain & Light Show & market shops along the 52,000 square feet of Lakefront Boardwalk including a Bowling and Billiards venue. It's conveniently located across the street from Walmart, Waffle House and Pineapple Willy's. It's withing walking distance of Ripley's Believe it or Not, Wonder Works, Signal Hill Golf Course, Race City Go Karts and Pirate's Island Adventure Golf. Rental History from Vacasa is attached in the documents section. The sellers are selling two rental units: 936 and 714. They will give a discount if someone purchases both. Schedule your showing today!

9902 S Thomas Drive Unit 936, Panama City

Listing courtesy of Keller Williams Success Realty.

$4,000,000
773120 MLS
+/- 80 acres with over 2,200ft of waterfront on East Bay, with direct access to the Gulf of Mexico. Currently zoned CSVH, allowing for 2 residential units / acre. Water, electricity, and sewer are available to site. Directly across the bay from Tyndall Air Force Base. The City of Callaway has seen significant growth from a $5.2 billion rebuild of Tyndall Air Force Base—the largest MILCON project in recorded Air Force history. Additional, adjacent +/- 19 waterfront acres available upon request.

00 Highway 2297, Panama City

Listing courtesy of NAI TALCOR.

$358,900
1 Beds ⋅ 2 Baths ⋅ 775612 MLS
This stunning, fully updated 1 Bedroom 1.5 Bath condo offers a coastal and turnkey rental opportunity. Features include Complete renovation with all new electrical, plumbing, water heater and HVAC. Drop ceilings with recessed lighting for bright, clean look. New finishes throughout including doors, trim, flooring, and paint. Custom built-in bunks. Updated kitchen with new custom cabinets, granite countertop, stylish backsplash and shiplap accents. Bathrooms completely redone new walk-in tile shower, new vanities with granite tops, new toilets, and oversized mirror. New appliances, furniture and accessories included. Turnkey and rental-ready, this unit is the perfect blend of comfort, style, and investment opportunity. The Summit offers a fantastic outdoor area featuring two pools, including one that's heated in the winter, along with a tiki bar. On-site amenities include Bikini Bob's Restaurant, a market, and convenient beach service. The Summit is located on Thomas Drive, close to popular restaurants, entertainment, and the new Tootsies right next door.

8743 Thomas Drive Unit 1109, Panama City

Listing courtesy of Anchor Realty Florida.

$2,875,000
6 Beds ⋅ 5 Baths ⋅ 769495 MLS
Gulf-Front Oasis with Private Saltwater Pool & Excellent Rental Income! This stunning 6-bedroom, 4.5-bath beachfront home offers the ultimate luxury coastal living experience, sitting directly on the sugar-white sands of Panama City Beach--zero steps to the beach! With approximately 2,850 sq. ft., this beautifully designed home provides expansive Gulf views from nearly every room. The open-concept floor plan features a nice kitchen and a spacious living room and dining area, perfect for large gatherings. The living area is bright and airy, with large windows that capture breathtaking sunset views over the Emerald Coast. The two king bedrooms on the main floor are en suite. Upstairs, the four bedrooms offer ample space for guests, each designed with comfort and relaxation in mind; they provide flexibility for families or rental guests, ensuring everyone has their own space to unwind. Step outside to over 1,800 sq. ft. of outdoor decking, including 450 sq. ft. of covered space, ideal for enjoying the soothing sound of the waves or escaping the midday sun. The private saltwater pool is the perfect place to cool off while taking in the unobstructed views of the Gulf of America. With ample parking for boats, motorcycles, or RVs, this home is designed for both relaxation and adventure. Whether you're looking for a primary residence, vacation home, or a high-income rental investment, this property delivers! Proven rental history makes it a turnkey investment opportunity, generating strong and consistent revenue. Located on Surf Drive, this home is just steps from Captain Jack's Crab Leg Buffet and minutes from some of the area's best dining and entertainment, including Schooner's, Grand Marlin and Captain Anderson's. Enjoy easy access to St. Andrews Bay, Shell Island, fishing charters, golf courses, and family attractions. This is your chance to own a piece of paradise on Panama City Beach--schedule your private showing today! $352263 on the books for 2025 and $340000+ for 2026 and over $100000 for 2027 (as of July 9, 2026)

8205 Surf Drive, Panama City

Listing courtesy of Counts Real Estate Group Inc.

$339,000
731990 MLS
PRIME FOR DEVELOPMENT! Located just south of Hwy 390 and a little east of Hwy 389, this 3.77 acre property consists of 2 parcels, with the vast majority in Flood Zone X (per the Bay Co Property Appraiser site). With 160' of frontage, ingress and egress should be no problem. Currently zoned R-1, property has water and sewer located close by on Hwy 390. Meas. are approximate.

4604 Britton Road, Panama City

Listing courtesy of AMERICAN REALTY of Bay Co, Inc.

$265,000
777452 MLS
Great Commercial Lot, Centrally located. Just one block off of 23rd Street and approximately two blocks off 390. Zoned C-2 offering a large number of possibilities and options, this location also offers close proximity to Shopping, schools, boat ramps and down town St Andrews Owner will look at and consider all reasonable offers. Please measurement and Zoning.

1500 Airport Road, Panama City

Listing courtesy of RE/MAX SELECT Partners.

$16,000
763133 MLS
Don't miss this 1 acre lot tucked back off the main road in the Sandy Creek area. Zoned R-1 it is mostly cleared and ready for your modular or new construction home (manufactured homes are not allowed in R-1). Plenty of room for all of your toys. There is a natural private road that leads to the property. Perfect for those seeking a quiet, private homesite. Go and view it today! This property is Flood zone A and designated wetlands. There is no sign on the lot. The wetland delineation has been completed showing that only the front area is a wetland. The report is attached. A building permit is still required from the Florida Dept of Environmental Protection.

00 Harville Drive, Panama City

Listing courtesy of Keller Williams Success Realty.

$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.

$229,900
3 Beds ⋅ 1 Baths ⋅ 777765 MLS
LOCATION, LOCATION, LOCATION! This centrally located corner property on a high-traffic road offers excellent visibility and versatility â€'' ideal as a private residence or to continue being used as a business, with proper permits already in place. The property features laminate flooring (installed in 2021), a new roof (2020), and a new central HVAC system (2024). A commercial-grade parking lot was recently added, providing ample parking in the rear for clients, employees, or guests.

1216 Martin Luther King Jr Boulevard, Panama City

Listing courtesy of Local Insight Realty.

$500,000
654140 MLS
2,500sf pad site for sale adjacent to two Class A Medical Office Building. With road frontage on Panama City Beach Pkwy (52,000 AADT).

12903 Panama City Beach Pkwy, Panama City

Listing courtesy of NAI TALCOR.

$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.

$280,000
3 Beds ⋅ 2 Baths ⋅ 733282 MLS
Seller offering $3,000 seller concessions to be used as closing costs assistance or rate buy down with accepted offer. Three Bedroom two Bath completely remodled with all new appliances on large corner fenced yard. Centrally located, close to downtown Panama City and Tyndall Air Force Base. Just north of Millville and the Business 98 coorador. All new appliances, new HVAC, New Hot Water Heater, New insulation, new roof and new drywall. New Fridge, Diswasher, stove, cabinets and Microwave. New LVP flooring throughout, a must see. Buyer to verify all information.

802 College Avenue, Panama City

Listing courtesy of Anchor Realty Florida.

$286,750
1 Baths ⋅ 754953 MLS
*The Mashburn Building | Historic Downtown Panama City* Experience a new chapter in Historic Downtown Panama City with The Mashburn Building--a signature four-story development designed to elevate urban living while honoring the character of downtown. This landmark project brings together modern luxury, industrial design, and the energy of a walkable city lifestyle. The third and fourth floors will feature distinctive industrial-style residential lofts, thoughtfully designed for both investors and those seeking upscale downtown living. Each residence showcases nearly 12-foot ceilings, polished concrete floors, and open, contemporary layouts that highlight the authentic character of loft-style spaces. Construction is currently underway, offering a rare opportunity to secure a residence in one of the area's most exciting revitalization projects, with an anticipated completion in April 2026. Step outside and enjoy immediate access to the vibrant atmosphere of Harrison Avenue, where boutique shops, art galleries, coffee houses, breweries, and entertainment venues create a dynamic downtown experience just steps from your door. Blending timeless architecture with modern design and community-centered living, The Mashburn Building is poised to become one of Downtown Panama City's most sought-after addresses. Reserve your loft today. *Disclaimer:* The renderings provided are for illustrative purposes only and may not represent the final product. Certain features, finishes, and details shown may include optional upgrades that are not included in the standard offering. Actual specifications, materials, and layouts may vary. Please consult with the builder or sales representative for complete details regarding available options and standard features.

436 Harrison Avenue Unit 12, Panama City

Listing courtesy of Counts Real Estate Group Inc.

$80,000
765217 MLS
Vacant Land opportunity in Panama City, FL. Multiple uses. Close proximity to Schools, Retail Stores and Tyndall AFB.

000 Sheffield Avenue, Panama City

Listing courtesy of NAI TALCOR.

$658,900
2 Beds ⋅ 2 Baths ⋅ 771986 MLS
Live the coastal dream in this beautifully updated 2-bedroom, 2-bathroom Gulf-front condo with bonus bunks, located on the 16th floor of the sought-after Gulf Crest Condominiums. This spacious unit features an open-concept layout, wide-open views of the Gulf, and an expansive beachfront balcony—perfect for morning coffee, sunset cocktails, or simply soaking in the sounds of the surf. Thoughtfully upgraded throughout, the condo includes new appliances, a new A/C, and a new hot water heater for enhanced comfort and efficiency. Both bedrooms feature new plank style tile flooring along with new mattresses and comforter sets. A new dining table and chairs complement the bright and airy space, while updated light fixtures in the kitchen and bathrooms add a modern touch. Freshly painted and decorated with coastal charm, the unit also includes new balcony furniture to enjoy the panoramic Gulf views. Whether you're looking for a primary residence, a second home, or an excellent vacation rental opportunity, this condo checks every box. Gulf Crest offers resort-style amenities including two beachfront pools, hot tubs, a tiki bar, fitness center, and direct beach access—all in the heart of Panama City Beach.

8715 Surf Drive Unit 1606, Panama City

Listing courtesy of Superior Of Florida, 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.

$219,900
3 Beds ⋅ 2 Baths ⋅ 773533 MLS
''CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS'' Charming 3BR 2BA home centrally located in Panama City and just minutes to Panama City Beach. HVAC, Roof & Privacy fence all new and updated in 2019. This home offers solar panels so you'll enjoy a low electric bill as well as zero HOA fees. As you walk in you'll see the kitchen to your left with a large dining area just off of the kitchen. The living room is open and large with plenty of room for entertaining. The home has tile and wood flooring throughout so no hassle with carpet. The bedrooms are spacious and the main bedroom has an attached bath that offers a shower/tub combo. The backyard is huge and is fully fenced with privacy fencing. This home is a must see and with some TLC has a lot to offer.

1817 Foster Avenue, Panama City

Listing courtesy of People 1st Real Estate, LLC.

$125,000
777107 MLS
Beautiful lot in the gated community of Martinique which is known for its premier location to sandy white beaches and embracing the Florida lifestyle. You'll love this vibrant community with a pool, dock, basketball courts, trails, and playground.

3329 Green Turtle Lane, Panama City

Listing courtesy of VCFL Realty LLC.

$2,500,000
771014 MLS
BACK ON THE MARKET AND PRICED TO SELL! The most desirable large tract of land for development in Bay County, This 4.75 +/- acre site on Hwy 390 is cleared, high and dry, and perfectly positioned for retail, hospitality and many potential end users. Just east of Lisenby Ave., across from the Sweet Bay development, this offering features two adjacent parcels, (1330 and 1334 Hwy 390) with over 700 ft. of highway frontage. Contact your developers today, this is a dynamic opportunity.

1330 W Highway 390, Panama City

Listing courtesy of ERA Neubauer Real Estate, Inc.

$190,000
2 Beds ⋅ 2 Baths ⋅ 777786 MLS
Step inside this brand-new townhome at 1116 Mercedes Ave in Panama City and enjoy modern living just minutes from the coast. Offering nearly 1,000 square feet of thoughtfully designed space, this home features a bright living and dining area, a contemporary kitchen, two bedrooms, two full bathrooms, and a convenient laundry area. A private driveway provides dedicated parking, and the fresh finishes throughout make this home move-in ready. Located close to Panama City's best attractions, you'll have easy access to sugar-white beaches, world-class fishing, and waterfront marinas. The area also offers a wide variety of restaurants, shopping, golf courses, and entertainment, making it an ideal spot for both full-time living or a low-maintenance coastal getaway. Save $1,495 in mortgage fees on this home by using Preferred Lender.

1116 Mercedes Avenue Unit C, Panama City

Listing courtesy of Think Real Estate.

$905,000
767344 MLS
Take advantage of this fantastic opportunity to own a ground floor office space in a sought-after medical complex located on the Gulf Coast Medical Center Campus. This 2,446 sq. ft. medical office is perfect for any medical practice looking to benefit from a convenient location with direct access to the hospital via a connected corridor. The unit's repairs have been completed, and all common areas are newly renovated. This is a rare opportunity to secure a medical office in one of the most desirable locations for healthcare providers. For more information or to schedule a tour, please contact the listing agent. All sizes including sq. ft. are approx. Please Measure if important. Other units for sale or all Units for sale: • MLS# 741662: 5,123 sq. ft. Listed at $1,900,000. • MLS#:767334 1,448 sq. ft. Listed at $535,000. • MLS#:767333 1,229 sq. ft Listed at $455,000. Unit 108B rented out to 3,300 per month Unit 103 rented out for 4,900 per month.

2202 State Avenue Unit 103 & 104, Panama City

Listing courtesy of Centergate Realty LLC.

$359,000
3 Beds ⋅ 2 Baths ⋅ 765567 MLS
Live in penthouse luxury on the 20th floor with raised ceilings and views most dream of. The view from your patio is breathtaking as it overlooks the lake and boardwalk below and you're high enough on the 20th floor to see miles away of the city. This turn-key fully-renovated condo has incredible Lake & City Views is being sold fully furnished, including furniture, electronics, linens, artwork, outdoor furniture - this is as turn-key as it gets! Everything you see in the photos conveys. It can sleep 6 comfortably, up to 10. Gross Rental 2021/$65,989, 2022/$45,351, 2023/$44,053, 2024/$60,209, 2025/$57,478. This has been beautifully remodeled as seen in the photos. Combination of upgraded LVP flooring and original tile throughout, upgraded backsplash in kitchen with pendant lighting, beautiful white/gray cabinets throughout with plenty of storage space and granite countertops, lighted vanity mirror in front bathroom. Step into your master bedroom with master ensuite as you soak in your large soaker tub with double vanities and oversized shower close by. Laketown Wharf Resort is just steps away from the world's most beautiful white-sand beaches, shopping, dining and entertainment. Amenities include convenient beach access, 5 unique pools, a kid's funscape playground, splash bar and grill, and gulf view fitness center.

9902 S Thomas Drive Unit 2028, Panama City

Listing courtesy of Real Broker LLC.

$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.