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1735 Thomas Drive, Panama City
$659,000
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.

1035 E 23rd Street, Panama City
$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.

8715 Surf Drive Unit 1606, Panama City
$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..

2367 N Sherman Avenue, Panama City
$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.

3 Lots ALLANTON Road, Panama City
$699,900
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.

2202 State Avenue Unit 103 & 104, Panama City
$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.

9902 S Thomas Drive Unit 2028, Panama City
$358,000
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.

Parcel 1 Allanton Road, Panama City
$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.

Parcel 2 Allanton Road, Panama City
$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.

436 Harrison Avenue Unit 5, Panama City
$357,150
1 Baths ⋅ 771029 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 5, Panama City

Listing courtesy of Counts Real Estate Group Inc.

9399 S Burnt Mill Creek Road, Panama City
$179,000
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.

8815 Thomas Unit 305, Panama City
$375,000
2 Beds ⋅ 2 Baths ⋅ 772467 MLS
Discover the perfect blend of convenience with this 2 bed, 2 bath condo located on the Gulf of America. Ideal as both an investment opportunity and a second home, this property offers gulf views and a spacious floor plan designed for comfort. In the hall you have a storage closet that could easily be converted to a bunk space as well as a private owners closet located across the hall. This condo features quality finishes throughout and a private balcony for enjoying sunsets. You will have access to the private pool and direct beach access. Situated in a sought-after location, you're just moments away from dining, shopping, and entertainment options. Don't miss your chance to own a piece of this coastal retreat!

8815 Thomas Unit 305, Panama City

Listing courtesy of Emerald Coast Realty Group.

8815 Thomas Drive Unit 207, Panama City
$340,000
2 Beds ⋅ 2 Baths ⋅ 778276 MLS
Moondrifter 207 is a turnkey beachfront condo designed for both enjoyment and strong rental performance, offering direct Gulf views and a prime location next to the future Tootsies entertainment complex, which will further drive demand and appreciation. Recent high-value upgrades—including a 2025 A/C system, a 2024 balcony slider, a 2024 washer and dryer, and a 2025 dishwasher—ensure lower maintenance costs and reliable operation for years to come, making this unit a worry-free investment. With its unbeatable location, proven rental appeal, and significant nearby development adding to long-term value, Moondrifter 207 offers exceptional ROI potential while still serving as a perfect personal getaway when desired.

8815 Thomas Drive Unit 207, Panama City

Listing courtesy of Fun Quest Vacation Rentals Corp.

519 S Highway 22 A, Panama City
$165,500
2 Beds ⋅ 1 Baths ⋅ 771563 MLS
Price Reduced!! Come view this two bedroom one bath townhome in Parker, close to Tyndall Airforce Base. This neighborhood provides an HOA with community pool and courtyard area which is great for families or just sitting outside relaxing in the green space. The complex is right across the street from Parker Elementary. The townhome features two bedrooms downstairs with bathroom shared between master bedroom and hall. The upstairs loft has closets and could easily be converted into a third bedroom. The spacious great room gives the home an open feel with easy access to kitchen and covered back patio. This unit is part of a duplex with both sides for sale. This unit has been remodeled while unit 517 is in need to be remodeled. You can purchase one or both sides together.

519 S Highway 22 A, Panama City

Listing courtesy of Coldwell Banker Realty.

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