Panama City, FL Commercial Real Estate

Search 52 commercial real estate listings in Panama City, FL and find helpful local stats in the Market Overview section below.

Approved Development Order & Steel Building | 1.12 +/- Acres | W 23rd Ct.

4023 W 24th St, Pretty Bayou, Panama City, FL
Property

VacantLand
Availability

1 Space

10,000 SF
For Lease

$16.00 - $20.00/SF/YR
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Bristol Harbor Marina

239 E Beach Dr, Downtown Panama City, Panama City, FL
Property

Other

2,383 SF
Year Built

1948
For Sale

$2,550,000
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2622 North MacArthur Ave

2622 North Macarthur Avenue, The Woods, Panama City, FL
Property

Industrial

12,500 SF
Availability

1 Space

392,000 SF
Year Built

1998
For Lease

$13,750.00/MO
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1613 N Cove Blvd

1613 N Cove Blvd, Downtown Panama City, Panama City, FL
Property

Other
For Sale

$169,500
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Bay City Point

FL-77 & E 23rd Street, Monroeville, Panama City, FL
Property

Retail

200,000 SF
Availability

1 Space

2,725 SF
Year Built

2020
For Lease

$30.00/SF/YR
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2420 Jenks Ave

2420 Jenks Avenue , The Woods, Panama City, FL
Property

Office

2,801 SF
Availability

1 Space

2,801 SF
For Lease

$23.50/SF/YR
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Highway 98 Commercial Development Opportunity | 0.94 +/- Acre Corner Lot with Full Access

3915 W Hwy 98 Bus, Drummond, Panama City, FL
Property

VacantLand
For Sale

$550,000
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Publix-Anchored Retail | SweetBay Town Center

3204 Heartleaf Avenue East , Forest Park, Panama City, FL
Property

Retail

18,000 SF
Availability

8 Spaces

11,584 SF
Year Built

2024
For Lease

$32.00/SF/YR
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Lynn Haven Parkway | Office/ Retail Suite | One Unit Remaining

3430 Highway 77, The Woods, Panama City, FL
Property

Office

4,983 SF
Availability

1 Space

1,102 SF
Year Built

1999
For Lease

$2,500.00/MO
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Harrison Avenue Storefront Retail/ Office | 2,700 SF | Former Cannabis Dispensary

809 Harrison Avenue, Downtown Panama City, Panama City, FL
Property

Retail

2,700 SF
Availability

1 Space

2,700 SF
For Lease

$15.00/SF/YR
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Retail Land Site | W 23rd Street | 1.07 +/- Acres

TBD W 23rd St, Pretty Bayou, Panama City, FL
Property

VacantLand
For Sale

$850,000
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Highway 390 Office Space

1315 East 14th Street, Lynn Haven, FL
Property

Office

3,000 SF
For Sale

$600,000
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12.56 ± Acres of Residential Acreage in Bay County, FL

5100 Old Majette Tower Rd, Panama City North, Panama City, FL
Property

VacantLand
For Sale

$90,000
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2507 Harrison Ave Suite 200

Harrison Ave, The Woods, Panama City, FL
Property

Office

3,000 SF
Availability

1 Space

3,500 SF
For Lease

$25.00/SF/YR
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Highway 390 Office Space

1315 East 14th Street, Lynn Haven, FL
Property

Office

3,000 SF
Availability

1 Space

3,000 SF
For Lease

$18.00/SF/MO
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1600 Jenks Avenue | Suite #5 | North Office Suite

1600 Jenks Avenue, Monroeville, Panama City, FL
Property

Office

12,942 SF
Availability

1 Space

1,532 SF
Year Built

1985
For Lease

$16.00/SF/YR
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Badcock Furniture

617 Ohio Ave, Lynn Haven, FL
Property

Retail

11,375 SF
Year Built

1968
For Sale

$1,900,000
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Bay Medical Center

801 E 6th St, Downtown Panama City, Panama City, FL
Property

Office
Availability

1 Space

1,795 SF
Year Built

1987
For Lease Contact for pricing
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2830 Hwy 390 East

2830 Hwy 390 East, Lynn Haven, Panama City, FL
Property

Office

7,500 SF
Availability

1 Space

7,500 SF
Year Built

2024
For Lease Contact for pricing
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Gilberg's Plaza

2495 Highway 77, The Woods, Panama City, FL
Property

Retail

38,000 SF
Availability

3 Spaces

10,045 SF
For Lease

$18.00 - $25.00/SF/YR
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Commercial Real Estate Listings in Panama City, FL

The Panama City real estate market has a lot to offer. You will find that Industrial space accounts for the largest share of CRE for rent opportunities on the local market. Meanwhile, Office space accounts for the second-largest share of listings on the market.

Panama City, FL Commercial Real Estate Listings for Rent

Type No. of Listings Space Available

Office 18 140,951 Sq. Ft.

Retail 8 335,875 Sq. Ft.

Industrial 7 149,963 Sq. Ft.

CRE for Rent in Panama City, FL by Use Type

Office

22.49%

Retail

53.59%

Industrial

23.93%

Top Locations for Commercial Space in Panama City, FL

Depending on the type of space that you’re looking for, different areas of Panama City may suit your needs differently. The city’s Forest Park neighborhood has the highest concentration of CRE listings, offering 10 availabilities on the market. The The Woods neighborhood is home to the second-largest number of leasing opportunities — 9 listing(s).

At the same time, it is worth noting that the concentration of one particular type of commercial real estate in an area is a good indication of the potential of that neighborhood or submarket. For example, if you want to rent an office, consider that you will find the largest concentration of opportunities in The Woods.

Top Locations for CRE Listings in Panama City, FL

Neighborhood with most CRE Listings No. of Spaces

Forest Park 10

The Woods 9

Monroeville 5

Top Locations for Office Listings in Panama City, FL

Neighborhood with most Office Listings No. of Spaces

The Woods 5

Downtown Panama City 4

Forest Park 1

Areas with numerous industrial properties are also more likely to be well-connected logistically. The Monroeville area is the local Panama City submarket with the most listings for rent, at this time.

Retail properties can be both scattered and clustered, mostly depending on the use type and where it best fits in order to be close to the customers. In Panama City, you’ll find the most such opportunities for lease to be in Forest Park.

Top Locations for Industrial Listings in Panama City, FL

Neighborhood with most Industrial Listings No. of Spaces

Monroeville 2

Forest Park 1

The Woods 1

Top Locations for Retail Listings in Panama City, FL

Neighborhood with most Retail Listings No. of Spaces

Forest Park 8

The Woods 4

Monroeville 2

Commercial Real Estate for Sale in Panama City, FL

If you’re looking to invest in real estate rather than to lease, the local real estate market also has something to offer. There are currently 93,641 square feet of commercial property for sale in Panama City. The largest investment opportunity on the local market offers 24,924 square feet of earning potential. If you are looking to buy a smaller property, consider that local listings for sale start at 2,383 square feet.

Across the properties offered for sale here, listed prices start at $100,000. It’s worth noting that not all sale opportunities will have a price listed, but it is easy to reach out to the property representative for more information or to schedule a tour using the contact form or the contact details available on the listing page.

Mixed-Use and Green Commercial Real Estate in Panama City, FL

Mixed-use properties incorporate at least two different types of commercial real estate, which can present a series of advantages. The different real estate types in a mixed-use property can complement each other in ways that sustain mutual success. For instance, ground-floor retail spaces may benefit from the constant stream of office workers to and from the upper floors of the same building, as well as serve the surrounding community.

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