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Prime Commercial property on Tyndall Parkway strategically located 2± miles North of Tyndall Air Force Base, Bay County's largest employer. The 9.5± acre site has 550± feet of frontage on Tyndall Parkway and 630± feet of frontage on Lake Drive in the City of Parker, Florida. The Tyndall Parkway corridor is experiencing a renaissance since Hurricane Michael in 2018, including the development of Culvers, Dollar General, and Little Caesars located just North of the site. This is a hard to find development opportunity on the East side of the vibrant Panama City market area, with great visibility, high traffic counts, and easy access.

778036 MLS

Prime Commercial property on Tyndall Parkway strategically located 2± miles North of Tyndall Air Force Base, Bay County's largest employer. The 9.5± acre site has 550± feet of frontage on Tyndall Parkway and 630± feet of frontage on Lake Drive in the City of Parker, Florida. The Tyndall Parkway corridor is experiencing a renaissance since Hurricane Michael in 2018, including the development of Culvers, Dollar General, and Little Caesars located just North of the site. This is a hard to find development opportunity on the East side of the vibrant Panama City market area, with great visibility, high traffic counts, and easy access.

630 S Tyndall Parkway, Panama City

$3,195,000

Sale Includes Two Parcels: 1000 Beck Ave (Parcel ID: 30039-000-000) 2912 W 10TH ST PANAMA CITY, FL 32401 and 1006 Beck Ave (Parcel ID: 30038-000-000). The Hub at 1000-1012 Beck Avenue presents a rare opportunity to acquire a fully restored, income-producing boutique retail property in the heart of Historic St. Andrews, one of Panama City's most walkable waterfront districts. Originally built in 1907/1925 and meticulously renovated between 2019-2021, with additional capital improvements completed in 2026, this ±7,618 SF landmark property blends historic character with premium modern finishes.

795669 MLS

Sale Includes Two Parcels: 1000 Beck Ave (Parcel ID: 30039-000-000) 2912 W 10TH ST PANAMA CITY, FL 32401 and 1006 Beck Ave (Parcel ID: 30038-000-000). The Hub at 1000-1012 Beck Avenue presents a rare opportunity to acquire a fully restored, income-producing boutique retail property in the heart of Historic St. Andrews, one of Panama City's most walkable waterfront districts. Originally built in 1907/1925 and meticulously renovated between 2019-2021, with additional capital improvements completed in 2026, this ±7,618 SF landmark property blends historic character with premium modern finishes.

1000 Beck Avenue, Panama City

$3,150,000

11,920 SF Building: 7,857 SF warehouse & 4,067 SF office Office area includes small mezzanine and is fully heated and cooled; Constructed in 2025; 16' - 20' Ceiling heights; (4) Drive-in doors; Lay down yard is fully fenced, gated, and paved; (27) Paved parking spaces; Site has two points of ingress and egress Office area has Class A build-out and includes lobby, conference rooms, private offices, break area with kitchenette and executive office with shower

794599 MLS

11,920 SF Building: 7,857 SF warehouse & 4,067 SF office Office area includes small mezzanine and is fully heated and cooled; Constructed in 2025; 16' - 20' Ceiling heights; (4) Drive-in doors; Lay down yard is fully fenced, gated, and paved; (27) Paved parking spaces; Site has two points of ingress and egress Office area has Class A build-out and includes lobby, conference rooms, private offices, break area with kitchenette and executive office with shower

2816 Forester Trail, Panama City

$2,900,000

The St. Andrew School (also known as the St. Andrew Grammar School) is a historic site in Panama City, Florida. It is located at 3001 West 15th Street. On August 14, 1997, it was added to the U.S. National Register of Historic Places. It was constructed in 1926 and served as a Bay County school until Hurricane Michael damaged the buildings in October of 2018. In 2021, the city proposed turning the facility into a community center to include arts, culture, and events venue. A new Decra Roofing System (ceramic coated steel shingles) was installed in 2025. The total square footage is +/-23,387 square feet of heated and cooled space. The original school building (built in 1926) is +/-17,074 and the cafeteria and library building (built in 1957 is +/-4,760 square feet. There are several storage buildings and a large pole barn. The property is an entire block bordered by W. 15th Street on the north side, Beck Avenue on the east side, W. 14th Street on the south side, and Bayview Avenue on the west side. Located in the City limits of Panama City and currently zoned Public Institutional. The County, Panama City, and the residents prefer to save the original building and renovate for a new use. We are looking for creative investors and developers who have a vision to repurpose the property. Potential uses include, but are not limited to: cultural center, entertainment, special events, church, medical office, assisted living, professional office suites, schools (subject to approval)- performing arts, trade school, The St. Andrews community is thriving with many new shops and restaurants opening over the past several years. The St. Andrews School property is one of the last pieces of the puzzle that needs a new purpose.

795139 MLS

The St. Andrew School (also known as the St. Andrew Grammar School) is a historic site in Panama City, Florida. It is located at 3001 West 15th Street. On August 14, 1997, it was added to the U.S. National Register of Historic Places. It was constructed in 1926 and served as a Bay County school until Hurricane Michael damaged the buildings in October of 2018. In 2021, the city proposed turning the facility into a community center to include arts, culture, and events venue. A new Decra Roofing System (ceramic coated steel shingles) was installed in 2025. The total square footage is +/-23,387 square feet of heated and cooled space. The original school building (built in 1926) is +/-17,074 and the cafeteria and library building (built in 1957 is +/-4,760 square feet. There are several storage buildings and a large pole barn. The property is an entire block bordered by W. 15th Street on the north side, Beck Avenue on the east side, W. 14th Street on the south side, and Bayview Avenue on the west side. Located in the City limits of Panama City and currently zoned Public Institutional. The County, Panama City, and the residents prefer to save the original building and renovate for a new use. We are looking for creative investors and developers who have a vision to repurpose the property. Potential uses include, but are not limited to: cultural center, entertainment, special events, church, medical office, assisted living, professional office suites, schools (subject to approval)- performing arts, trade school, The St. Andrews community is thriving with many new shops and restaurants opening over the past several years. The St. Andrews School property is one of the last pieces of the puzzle that needs a new purpose.

3001 W 15th Street, Panama City

$2,900,000

RARE DEVELOPMENT OPPORTUNITY to acquire approximately 41.5 acres within the Lynn Haven municipality with approximately 960 feet of frontage along Transmitter Road. This property is conveniently located near Highway 231 and Highway 390 and surrounded by residential growth, established neighborhoods, schools, recreational parks, shopping, dining, and other amenities. Water, sewer, and electric utilities are available in the area with fire hydrants nearby. Formerly used as a church campus, the property currently has a Future Land Use designation of P/I (Public/Institutional). Potential may exist to pursue a Future Land Use and/or zoning change for Low Density Residential or Medium Density Residential development (subject to governmental review and approval). Existing improvements include asphalt drives and large parking areas. With substantial acreage, road frontage, nearby utilities, and a convenient location, this property offers a great opportunity for future use or development. Call today for more information!

794968 MLS

RARE DEVELOPMENT OPPORTUNITY to acquire approximately 41.5 acres within the Lynn Haven municipality with approximately 960 feet of frontage along Transmitter Road. This property is conveniently located near Highway 231 and Highway 390 and surrounded by residential growth, established neighborhoods, schools, recreational parks, shopping, dining, and other amenities. Water, sewer, and electric utilities are available in the area with fire hydrants nearby. Formerly used as a church campus, the property currently has a Future Land Use designation of P/I (Public/Institutional). Potential may exist to pursue a Future Land Use and/or zoning change for Low Density Residential or Medium Density Residential development (subject to governmental review and approval). Existing improvements include asphalt drives and large parking areas. With substantial acreage, road frontage, nearby utilities, and a convenient location, this property offers a great opportunity for future use or development. Call today for more information!

4501 Transmitter Road, Panama City

$2,850,000

Experience timeless elegance and waterfront serenity in this extraordinary Mediterranean-inspired estate, perfectly positioned on a sprawling bayfront lot. From the moment you arrive, the home's graceful arches, warm architectural details, and inviting courtyard create an unforgettable first impression, setting the stage for a lifestyle defined by beauty, comfort, and coastal charm. Inside, the residence unfolds with refined sophistication. A spacious living room anchored by a stunning fireplace opens to breathtaking bay views, creating the perfect setting for both relaxed evenings and elegant entertaining. The formal dining room showcases exquisite custom plaster-finished walls, offering a rich and artistic backdrop for memorable gatherings. At the heart of the home, the chef's kitchen is as functional as it is beautiful, featuring a striking brick accent wall, double ovens, a gas range, and an oversized island with a butcher block top. Sunlit and inviting, the eat-in kitchen overlooks both the tranquil koi pond and the sparkling bay beyond, seamlessly blending indoor and outdoor living. Just off the kitchen, a cozy sitting room with its own fireplace provides the perfect retreat for quiet mornings or intimate conversations. The thoughtfully designed split floor plan offers privacy and comfort, highlighted by a luxurious master suite that includes a rare original 1940 greenhouse feature, adding a touch of history and charm. The spa-like master bathroom invites relaxation with a large soaking tub, separate shower, and an expansive walk-in closet. Three additional bedrooms, each with their own full bathrooms, ensure comfort for family and guests alike, with one guest suite featuring its own fireplace for added warmth and character. A gallery-style hallway runs through the home, offering the perfect space to display art and personal collections. Outdoors, the property transforms into a true private oasis. Multiple water features, including a beautifully stocked koi pond, create a peaceful, resort-like atmosphere. The custom covered patio and pergola with an outdoor fireplace and built-in grilling area make entertaining effortless, while the expansive lawn stretches to the water's edge, complete with a seawall and direct bay access. Adding a sense of fun and uniqueness, the grounds also feature a zip line and a custom playhouse, making this estate as playful as it is luxurious. Blending classic Mediterranean architecture with modern comforts and unparalleled waterfront living, this one-of-a-kind property offers a lifestyle that is both elegant and unforgettable. Whether enjoying quiet sunsets over the bay or hosting gatherings under the stars, this home is a rare opportunity to own a true coastal masterpiece.

4 Beds ⋅ 5 Baths ⋅ 791000 MLS

Experience timeless elegance and waterfront serenity in this extraordinary Mediterranean-inspired estate, perfectly positioned on a sprawling bayfront lot. From the moment you arrive, the home's graceful arches, warm architectural details, and inviting courtyard create an unforgettable first impression, setting the stage for a lifestyle defined by beauty, comfort, and coastal charm. Inside, the residence unfolds with refined sophistication. A spacious living room anchored by a stunning fireplace opens to breathtaking bay views, creating the perfect setting for both relaxed evenings and elegant entertaining. The formal dining room showcases exquisite custom plaster-finished walls, offering a rich and artistic backdrop for memorable gatherings. At the heart of the home, the chef's kitchen is as functional as it is beautiful, featuring a striking brick accent wall, double ovens, a gas range, and an oversized island with a butcher block top. Sunlit and inviting, the eat-in kitchen overlooks both the tranquil koi pond and the sparkling bay beyond, seamlessly blending indoor and outdoor living. Just off the kitchen, a cozy sitting room with its own fireplace provides the perfect retreat for quiet mornings or intimate conversations. The thoughtfully designed split floor plan offers privacy and comfort, highlighted by a luxurious master suite that includes a rare original 1940 greenhouse feature, adding a touch of history and charm. The spa-like master bathroom invites relaxation with a large soaking tub, separate shower, and an expansive walk-in closet. Three additional bedrooms, each with their own full bathrooms, ensure comfort for family and guests alike, with one guest suite featuring its own fireplace for added warmth and character. A gallery-style hallway runs through the home, offering the perfect space to display art and personal collections. Outdoors, the property transforms into a true private oasis. Multiple water features, including a beautifully stocked koi pond, create a peaceful, resort-like atmosphere. The custom covered patio and pergola with an outdoor fireplace and built-in grilling area make entertaining effortless, while the expansive lawn stretches to the water's edge, complete with a seawall and direct bay access. Adding a sense of fun and uniqueness, the grounds also feature a zip line and a custom playhouse, making this estate as playful as it is luxurious. Blending classic Mediterranean architecture with modern comforts and unparalleled waterfront living, this one-of-a-kind property offers a lifestyle that is both elegant and unforgettable. Whether enjoying quiet sunsets over the bay or hosting gatherings under the stars, this home is a rare opportunity to own a true coastal masterpiece.

518 Bunkers Cove Road, Panama City

$2,825,000

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)

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

$2,800,000

The site features approximately 335 feet of frontage along Jenks Avenue, providing excellent visibility and access in a growing area. Located just 2,000 feet south of 23rd Street, a primary commercial thoroughfare with traffic counts exceeding 36,000 vehicles per day. The property sits contiguous to the 280+ bed HCA Florida Gulf Coast Hospital, creating strong positioning for medical office, urgent care, pharmacy, or service-oriented users. The property also offers convenient access to major transportation routes including U.S. Highway 98, U.S. Highway 231, and State Road 77.

789480 MLS

The site features approximately 335 feet of frontage along Jenks Avenue, providing excellent visibility and access in a growing area. Located just 2,000 feet south of 23rd Street, a primary commercial thoroughfare with traffic counts exceeding 36,000 vehicles per day. The property sits contiguous to the 280+ bed HCA Florida Gulf Coast Hospital, creating strong positioning for medical office, urgent care, pharmacy, or service-oriented users. The property also offers convenient access to major transportation routes including U.S. Highway 98, U.S. Highway 231, and State Road 77.

1937 Jenks Avenue, Panama City

$2,695,000

Fantastic opportunity!! High traffic area. Located on Hwy 390 near Sweet Bay this area is rapidly becoming a retail corridor. Publix shopping center and Starbucks along with other shops nearby. Great spot for any retail use. This unique property is 2.5 acres total with 295ft frontage on Hwy 390. It also has access at the rear of the property onto Florida Ave. Zoned General Commercial. FDOT 16300 trips daily. Two seperate parcels included. ID# 11760-010-030 and 11760-010-000 Let your vision be your guide and give us a call today!

794899 MLS

Fantastic opportunity!! High traffic area. Located on Hwy 390 near Sweet Bay this area is rapidly becoming a retail corridor. Publix shopping center and Starbucks along with other shops nearby. Great spot for any retail use. This unique property is 2.5 acres total with 295ft frontage on Hwy 390. It also has access at the rear of the property onto Florida Ave. Zoned General Commercial. FDOT 16300 trips daily. Two seperate parcels included. ID# 11760-010-030 and 11760-010-000 Let your vision be your guide and give us a call today!

3706 W Highway 390, Panama City

$2,500,000

Strategically located in Panama City along one of the area's growing commercial corridors, this brand-new commercial property at 1331 Harrison Ave offers approximately 11,171 square feet of versatile showroom, warehouse, and office space designed to support a wide variety of business operations. Combining a polished customer-facing showroom, expansive warehouse with mezzanine storage, dedicated office and reception areas, and exceptional building infrastructure, this property is ideally suited for owner-users, fabricators, distributors, light industrial operators, automotive or service businesses, or investors looking for a turn-key commercial asset with rare quality of construction and operational flexibility. The building features a 7,134 SF warehouse with soaring ceilings approaching 21 feet, providing outstanding vertical storage capacity, room for equipment, shelving, racking, or specialized fabrication operations. The open-span warehouse layout accommodates a variety of industrial or commercial uses, with sealed concrete floors built to handle heavy equipment loads. A 1,391 SF mezzanine adds substantial usable square footage above, perfect for organized inventory storage, supplies, archives, or workspace expansion without sacrificing warehouse floor area below. At the front of the building, a professionally finished 1,153 SF showroom with stained and sealed concrete floors, acoustic drop ceilings, and LED pendant lighting creates a striking customer-facing environment ideal for retail displays, product showcases, client meetings, or design-forward office buildout. Adjacent spaces include a dedicated reception, private office, filing area, vacuum room, and ADA-compliant restrooms -- providing a complete, ready-to-occupy front-of-house operation. A major value-add of the property is the building's premium Kingspan® insulated metal wall and roof panel envelope, delivering exceptional thermal performance, energy efficiency, and a clean modern architectural finish that is rare to find in this market and difficult to replicate at today's construction costs. The property is supported by serious infrastructure built for industrial and commercial demand, including a 600-amp, 240/120V 3-phase electrical service with roughly 70% spare capacity for additional equipment. The 24,000 SF site features ADA-accessible parking, on-street parking, professional landscaping, and durable concrete drives, all engineered to current Florida Building Code with hurricane-rated structural design. Whether you're relocating an existing operation, launching a new business headquarters, or seeking a high-quality commercial investment, 1331 Harrison Ave delivers size, functionality, premium construction, and long-term potential in a strategic Panama City location.

790265 MLS

Strategically located in Panama City along one of the area's growing commercial corridors, this brand-new commercial property at 1331 Harrison Ave offers approximately 11,171 square feet of versatile showroom, warehouse, and office space designed to support a wide variety of business operations. Combining a polished customer-facing showroom, expansive warehouse with mezzanine storage, dedicated office and reception areas, and exceptional building infrastructure, this property is ideally suited for owner-users, fabricators, distributors, light industrial operators, automotive or service businesses, or investors looking for a turn-key commercial asset with rare quality of construction and operational flexibility. The building features a 7,134 SF warehouse with soaring ceilings approaching 21 feet, providing outstanding vertical storage capacity, room for equipment, shelving, racking, or specialized fabrication operations. The open-span warehouse layout accommodates a variety of industrial or commercial uses, with sealed concrete floors built to handle heavy equipment loads. A 1,391 SF mezzanine adds substantial usable square footage above, perfect for organized inventory storage, supplies, archives, or workspace expansion without sacrificing warehouse floor area below. At the front of the building, a professionally finished 1,153 SF showroom with stained and sealed concrete floors, acoustic drop ceilings, and LED pendant lighting creates a striking customer-facing environment ideal for retail displays, product showcases, client meetings, or design-forward office buildout. Adjacent spaces include a dedicated reception, private office, filing area, vacuum room, and ADA-compliant restrooms -- providing a complete, ready-to-occupy front-of-house operation. A major value-add of the property is the building's premium Kingspan® insulated metal wall and roof panel envelope, delivering exceptional thermal performance, energy efficiency, and a clean modern architectural finish that is rare to find in this market and difficult to replicate at today's construction costs. The property is supported by serious infrastructure built for industrial and commercial demand, including a 600-amp, 240/120V 3-phase electrical service with roughly 70% spare capacity for additional equipment. The 24,000 SF site features ADA-accessible parking, on-street parking, professional landscaping, and durable concrete drives, all engineered to current Florida Building Code with hurricane-rated structural design. Whether you're relocating an existing operation, launching a new business headquarters, or seeking a high-quality commercial investment, 1331 Harrison Ave delivers size, functionality, premium construction, and long-term potential in a strategic Panama City location.

1331 Harrison Avenue, Panama City

$2,500,000

FUTURE-PROOF PCB ASSET: 9,000 SF 2022-BUILD WITH 10-STORY VERTICAL POTENTIAL Seize a premier 0.998-acre commercial footprint on Joan Avenue, positioned directly in a high-growth corridor evidenced by a neighboring property trading for $15.4M last year. Built in 2022 to rigorous 140 MPH wind standards, this high-spec complex features 100 feet of prime street frontage and a deep 435-foot lot. The property carries a rare 100-foot height allowance, offering massive potential for future vertical expansion. MAXIMIZED RENTAL POTENTIAL: TURNKEY 6-UNIT INVESTMENT CONFIGURATION This 60' x 150' engineered steel facility is a ''plug-and-play'' multi-tenant opportunity designed to maximize your ROI. The current layout is optimized for high-demand flex use, with the first section serving as 2 premium executive offices, lobby, a conference room and public bathroom. While the building already features five sections ready for separation, a small investment of approximately $10,000-$12,000 allows for the addition of two walls and four bathrooms to complete the full 6-unit complex. With two bathrooms already existing and plumbing stubs in place for the remaining four, this property offers a low-cost path to a high-yield, multi-stream rental asset. INDUSTRIAL UTILITY: 53-FOOT TRAILER ACCESS AND 6-GANG POWER Loading is seamless via six 12 x 12 grade-level roll-up doors. Property footprint is designed to accommodate a 53-foot trailer. The 9,000 SF shell maintains an efficient ratio of 8% office to 92% warehouse space, with interior clear heights ranging from 13'7'' to 16'11''. The facility is equipped with a 6-gang electrical meter bank and 600 Amp single-phase power, providing dedicated service points for each of the six potential rental units. The front office has 200 amp service. UNINCORPORATED BAY COUNTY LOCATION: LOWER TAXES AND FEWER RESTRICTIONS Located in Unincorporated Bay County rather than city limits, this property offers a strategic financial advantage with lower property tax rates, set at 5.4362 mills for 2026. Owners benefit from fewer municipal restrictions regarding signage or ''Gateway Overlay'' facade requirements. Standard county setbacks apply here, offering significantly more buildable flexibility than properties bordering strict city-residential zones. STRATEGIC PRICING: ENGINEERED FOR SAFETY AND PROFIT At a listing price of $2.5M, this asset is positioned at approximately $277 per SF, strategically aligned with the early 2026 PCB flex-industrial average of $290-$310 per SF. The property is located in Flood Zone AE with a community-determined base flood elevation (BFE) of 11.0'. Highlighting its superior engineering, the finished flood elevation is set at 12.75', providing 1 foot 9 inches of clearance above the required BFE for enhanced safety and insurance advantages. Buyer to verify height allowance, ISR, and FAR for future development. Current tenant occupies 1500 sq ft and on a month to month lease.

785853 MLS

FUTURE-PROOF PCB ASSET: 9,000 SF 2022-BUILD WITH 10-STORY VERTICAL POTENTIAL Seize a premier 0.998-acre commercial footprint on Joan Avenue, positioned directly in a high-growth corridor evidenced by a neighboring property trading for $15.4M last year. Built in 2022 to rigorous 140 MPH wind standards, this high-spec complex features 100 feet of prime street frontage and a deep 435-foot lot. The property carries a rare 100-foot height allowance, offering massive potential for future vertical expansion. MAXIMIZED RENTAL POTENTIAL: TURNKEY 6-UNIT INVESTMENT CONFIGURATION This 60' x 150' engineered steel facility is a ''plug-and-play'' multi-tenant opportunity designed to maximize your ROI. The current layout is optimized for high-demand flex use, with the first section serving as 2 premium executive offices, lobby, a conference room and public bathroom. While the building already features five sections ready for separation, a small investment of approximately $10,000-$12,000 allows for the addition of two walls and four bathrooms to complete the full 6-unit complex. With two bathrooms already existing and plumbing stubs in place for the remaining four, this property offers a low-cost path to a high-yield, multi-stream rental asset. INDUSTRIAL UTILITY: 53-FOOT TRAILER ACCESS AND 6-GANG POWER Loading is seamless via six 12 x 12 grade-level roll-up doors. Property footprint is designed to accommodate a 53-foot trailer. The 9,000 SF shell maintains an efficient ratio of 8% office to 92% warehouse space, with interior clear heights ranging from 13'7'' to 16'11''. The facility is equipped with a 6-gang electrical meter bank and 600 Amp single-phase power, providing dedicated service points for each of the six potential rental units. The front office has 200 amp service. UNINCORPORATED BAY COUNTY LOCATION: LOWER TAXES AND FEWER RESTRICTIONS Located in Unincorporated Bay County rather than city limits, this property offers a strategic financial advantage with lower property tax rates, set at 5.4362 mills for 2026. Owners benefit from fewer municipal restrictions regarding signage or ''Gateway Overlay'' facade requirements. Standard county setbacks apply here, offering significantly more buildable flexibility than properties bordering strict city-residential zones. STRATEGIC PRICING: ENGINEERED FOR SAFETY AND PROFIT At a listing price of $2.5M, this asset is positioned at approximately $277 per SF, strategically aligned with the early 2026 PCB flex-industrial average of $290-$310 per SF. The property is located in Flood Zone AE with a community-determined base flood elevation (BFE) of 11.0'. Highlighting its superior engineering, the finished flood elevation is set at 12.75', providing 1 foot 9 inches of clearance above the required BFE for enhanced safety and insurance advantages. Buyer to verify height allowance, ISR, and FAR for future development. Current tenant occupies 1500 sq ft and on a month to month lease.

2532 Joan Avenue, Panama City

$2,500,000

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.

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

$2,499,000

Prime commercial opportunity just minutes from Panama City Beach, positioned on a high-traffic corridor with excellent visibility and corner lot access. This versatile property features three total units, anchored by a well-established, turnkey tire and auto repair center. The main unit is fully equipped and operational, boasting five bay doors, professional-grade lifts, compressors, and all necessary equipment included in the sale--offering a seamless transition for an owner-operator or investor. In addition to the primary business space, the property includes two income-producing rental units with long-term tenants already in place, providing immediate and stable cash flow. One of the rental units also benefits from an additional bay door, enhancing functionality and appeal for automotive or light industrial use. A standout feature is the expansive, fully fenced outdoor area ideal for auto storage, fleet parking, or expansion opportunities--adding significant value and flexibility to the site. With strong frontage, steady traffic counts, multiple income streams, and a turnkey operation included, this property presents an exceptional investment opportunity in a rapidly growing coastal market.

788403 MLS

Prime commercial opportunity just minutes from Panama City Beach, positioned on a high-traffic corridor with excellent visibility and corner lot access. This versatile property features three total units, anchored by a well-established, turnkey tire and auto repair center. The main unit is fully equipped and operational, boasting five bay doors, professional-grade lifts, compressors, and all necessary equipment included in the sale--offering a seamless transition for an owner-operator or investor. In addition to the primary business space, the property includes two income-producing rental units with long-term tenants already in place, providing immediate and stable cash flow. One of the rental units also benefits from an additional bay door, enhancing functionality and appeal for automotive or light industrial use. A standout feature is the expansive, fully fenced outdoor area ideal for auto storage, fleet parking, or expansion opportunities--adding significant value and flexibility to the site. With strong frontage, steady traffic counts, multiple income streams, and a turnkey operation included, this property presents an exceptional investment opportunity in a rapidly growing coastal market.

2206 W 15th Street, Panama City

$2,495,000

Owners will divide! Desirable 4.2 acre property located on busy Hwy 77 in Panama City. There is 330' of road frontage on Hwy 77 with ingress and egress in two locations. Annual average daily traffic count is 30,098 vehicles. The property consists of two metal 60' x 60' retail buildings complete with finished interior space and covered warehouse storage. There is parking at each building and a driveway between. There is no direct cut in the median at this location, but the cut is very nearby so turning in from the opposite side of the road is fairly easy. The back portion of the property is vacant land except for a cement slab where an additional storage building used to be. The sellers retail business is not for sale only the buildings and property. The other business onsite is in a month to month lease. Please do not disturb these tenants. The property has a Panama City address but was annexed by the city of Lynn Haven, so utilities and taxes are through Lynn Haven. Lots of potential with this size lot for teardown and redevelopment as Office, Hotel, Retail, Restaurant, Multi-Family, etc. Sellers will consider owner financing with 20% - 25% down and a 5 year balloon.

728820 MLS

Owners will divide! Desirable 4.2 acre property located on busy Hwy 77 in Panama City. There is 330' of road frontage on Hwy 77 with ingress and egress in two locations. Annual average daily traffic count is 30,098 vehicles. The property consists of two metal 60' x 60' retail buildings complete with finished interior space and covered warehouse storage. There is parking at each building and a driveway between. There is no direct cut in the median at this location, but the cut is very nearby so turning in from the opposite side of the road is fairly easy. The back portion of the property is vacant land except for a cement slab where an additional storage building used to be. The sellers retail business is not for sale only the buildings and property. The other business onsite is in a month to month lease. Please do not disturb these tenants. The property has a Panama City address but was annexed by the city of Lynn Haven, so utilities and taxes are through Lynn Haven. Lots of potential with this size lot for teardown and redevelopment as Office, Hotel, Retail, Restaurant, Multi-Family, etc. Sellers will consider owner financing with 20% - 25% down and a 5 year balloon.

3407 S Highway 77, Panama City

$2,300,000

Amazing Development Opportunity is Ready for! In a Prime Location, this 4.77 acre parcel is zoned General Commercial 2. Located in the Gateway Overlay and is located in the Panama City Community Redevelopment Agency Tax Increment Rebate Program area as well. Situated just before the Hathaway Bridge in Panama City offering fantastic traffic count and visibility when traveling on Hwy 98 East from Panama City or West to Panama City Beach. ACCESS: offers easy access via 3 different roads, Hwy 98, 19th St, and Brown Ave. Approximately 180 feet frontage on Hwy 98, 580 feet on 19th St, and 375 feet on Brown Ave. This parcel is in close proximity to Port of Panama City and Gulf Coast State College and FSU campuses as well as quick access to Historic St. Andrews and the Downtown Panama City area, and Panama City Beach. This property would be perfect for a hotel, restaurant, retail store or any combination of many different commercial businesses. See more usage details in the documents section of the listing. Previously, there was a hotel that has been demolished due to damage from Hurricane Michael.

783424 MLS

Amazing Development Opportunity is Ready for! In a Prime Location, this 4.77 acre parcel is zoned General Commercial 2. Located in the Gateway Overlay and is located in the Panama City Community Redevelopment Agency Tax Increment Rebate Program area as well. Situated just before the Hathaway Bridge in Panama City offering fantastic traffic count and visibility when traveling on Hwy 98 East from Panama City or West to Panama City Beach. ACCESS: offers easy access via 3 different roads, Hwy 98, 19th St, and Brown Ave. Approximately 180 feet frontage on Hwy 98, 580 feet on 19th St, and 375 feet on Brown Ave. This parcel is in close proximity to Port of Panama City and Gulf Coast State College and FSU campuses as well as quick access to Historic St. Andrews and the Downtown Panama City area, and Panama City Beach. This property would be perfect for a hotel, restaurant, retail store or any combination of many different commercial businesses. See more usage details in the documents section of the listing. Previously, there was a hotel that has been demolished due to damage from Hurricane Michael.

4810 W Highway 98, Panama City

$2,250,000

Rare opportunity to own 1.69 acres of cleared, filled waterfront land with approximately 70 feet of waterfront frontage, seawall already in place, and an incredible location just minutes from Gulf access. At approximately 1100 feet deep, this expansive parcel offers exceptional privacy, flexibility, and room to create your ideal waterfront retreat. This property includes a shared driveway already in place and plans for a carriage house, providing an excellent starting point for development. Imagine building your dream home, adding your own private pier and keeping your boat right in your backyard, waking up to stunning sunrises, and ending your day gazing at the gorgeous Bay. This 3627 Delwood Beach Rd. property as it all. Substantial acreage, existing seawall, cleared and filled land, and close proximity to Gulf access, this is truly a special waterfront opportunity, a private oasis. Perfectly positioned just outside two highly desirable upscale neighborhoods, this property offers the rare combination of privacy, space and convenient access to the area's best amenities. The location provides an ideal lifestyle for boating, golfing, dining and beach days, all just minutes from your home. Seller is a licensed Realtor in the State of Florida.

794590 MLS

Rare opportunity to own 1.69 acres of cleared, filled waterfront land with approximately 70 feet of waterfront frontage, seawall already in place, and an incredible location just minutes from Gulf access. At approximately 1100 feet deep, this expansive parcel offers exceptional privacy, flexibility, and room to create your ideal waterfront retreat. This property includes a shared driveway already in place and plans for a carriage house, providing an excellent starting point for development. Imagine building your dream home, adding your own private pier and keeping your boat right in your backyard, waking up to stunning sunrises, and ending your day gazing at the gorgeous Bay. This 3627 Delwood Beach Rd. property as it all. Substantial acreage, existing seawall, cleared and filled land, and close proximity to Gulf access, this is truly a special waterfront opportunity, a private oasis. Perfectly positioned just outside two highly desirable upscale neighborhoods, this property offers the rare combination of privacy, space and convenient access to the area's best amenities. The location provides an ideal lifestyle for boating, golfing, dining and beach days, all just minutes from your home. Seller is a licensed Realtor in the State of Florida.

3627 Delwood Beach Road, Panama City

$2,180,000

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, it has a new 24-gauge standing seam metal roof and is constructed using red iron clear span beams. This construction allows for interior changes to be easily accomplished. Inside, you will find multiple reception areas, executive offices, and a kitchenette. The open footprint of the building allows for a wide range of uses for a multitude of businesses. A separate entrance on the left side allows for potential subletting. Parking lot accommodates 4 spaces per 1000 sq ft with room to expand. All utilities are easily accessible, and open roof access allows for modifications.

784825 MLS

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, it has a new 24-gauge standing seam metal roof and is constructed using red iron clear span beams. This construction allows for interior changes to be easily accomplished. Inside, you will find multiple reception areas, executive offices, and a kitchenette. The open footprint of the building allows for a wide range of uses for a multitude of businesses. A separate entrance on the left side allows for potential subletting. Parking lot accommodates 4 spaces per 1000 sq ft with room to expand. All utilities are easily accessible, and open roof access allows for modifications.

5420 Hickory Street, Panama City

5237 Thomas Drive Unit A & B, Panama City

$2,179,900

This brand-new, purpose-built vacation rental duplex on Thomas Drive is a rare turnkey investment opportunity in one of Panama City Beach's most desirable corridors -- and it's priced below appraised value. Constructed to the highest standards and designed from the ground up to maximize rental income, this fully furnished and professionally decorated property is ready to perform from day one. Each side of the duplex features 5 bedrooms, 4 full baths, and 1 half bath across three thoughtfully designed floors. The first floor welcomes guests with a stylish living area, a sleek modern kitchen, and a back porch patio opening to a meticulously paved private backyard. There, each unit has its own in-ground saltwater pool with a natural gas heater and remote control -- a premium amenity that drives top rental rates and keeps bookings strong throughout the season. The oversized lot is fully fenced, with a privacy divider between each side giving guests their own secluded retreat. Head upstairs to find a large master suite with an immaculate en-suite bath, two additional guest bedrooms -- one featuring built-in bunk beds perfect for families -- plus a dedicated laundry room, ample storage, and luggage areas on every level. The third floor crowns the property with another spacious master bedroom and en-suite bath, plus an additional guest room. Step out onto the large balcony and take in panoramic Gulf views while grilling on the built-in natural gas grill -- the ultimate beach party space for guests who want to entertain in style. The property is fully furnished and decorated by two leading designers, turnkey for short or long-term rental operations. A full fire suppression system reflects the level of quality and attention to detail that sets this build apart from anything else at this price point. Situated just moments from pristine white sandy beaches, St. Andrews State Park, and a variety of renowned restaurants and shopping, this property delivers the location, amenities, and income potential that serious investors are looking for. The second you walk in this one, you can feel the quality of the build and the materials used, this property is truly a must see to appreciate!!! Buyer to verify all square footage, zoning, and rental regulations. All information deemed reliable but not guaranteed.

10 Beds ⋅ 10 Baths ⋅ 791806 MLS

This brand-new, purpose-built vacation rental duplex on Thomas Drive is a rare turnkey investment opportunity in one of Panama City Beach's most desirable corridors -- and it's priced below appraised value. Constructed to the highest standards and designed from the ground up to maximize rental income, this fully furnished and professionally decorated property is ready to perform from day one. Each side of the duplex features 5 bedrooms, 4 full baths, and 1 half bath across three thoughtfully designed floors. The first floor welcomes guests with a stylish living area, a sleek modern kitchen, and a back porch patio opening to a meticulously paved private backyard. There, each unit has its own in-ground saltwater pool with a natural gas heater and remote control -- a premium amenity that drives top rental rates and keeps bookings strong throughout the season. The oversized lot is fully fenced, with a privacy divider between each side giving guests their own secluded retreat. Head upstairs to find a large master suite with an immaculate en-suite bath, two additional guest bedrooms -- one featuring built-in bunk beds perfect for families -- plus a dedicated laundry room, ample storage, and luggage areas on every level. The third floor crowns the property with another spacious master bedroom and en-suite bath, plus an additional guest room. Step out onto the large balcony and take in panoramic Gulf views while grilling on the built-in natural gas grill -- the ultimate beach party space for guests who want to entertain in style. The property is fully furnished and decorated by two leading designers, turnkey for short or long-term rental operations. A full fire suppression system reflects the level of quality and attention to detail that sets this build apart from anything else at this price point. Situated just moments from pristine white sandy beaches, St. Andrews State Park, and a variety of renowned restaurants and shopping, this property delivers the location, amenities, and income potential that serious investors are looking for. The second you walk in this one, you can feel the quality of the build and the materials used, this property is truly a must see to appreciate!!! Buyer to verify all square footage, zoning, and rental regulations. All information deemed reliable but not guaranteed.

5237 Thomas Drive Unit A & B, Panama City

$2,150,000

Here is just an incredible 307 acre parcel in the Allanton Community of East Bay. There is over a 1/2 mile of waterfront. The property has been planted over the years and has pines on it. See attached document for a detailed breakdown of the acreage. Located near the Eastern Shipbuilding Company and along the intracoastal waterway, you can take boats through the intracoastal to anywhere. Also, it's not a far distance out to the bay and Gulf of Mexico. There is the ability to purchase more contiguous properties for a total of 703 acres. Also, this 307 acre parcel can be subdivided into smaller parcels, see MLS # 774974, 774977, and 774978.

727082 MLS

Here is just an incredible 307 acre parcel in the Allanton Community of East Bay. There is over a 1/2 mile of waterfront. The property has been planted over the years and has pines on it. See attached document for a detailed breakdown of the acreage. Located near the Eastern Shipbuilding Company and along the intracoastal waterway, you can take boats through the intracoastal to anywhere. Also, it's not a far distance out to the bay and Gulf of Mexico. There is the ability to purchase more contiguous properties for a total of 703 acres. Also, this 307 acre parcel can be subdivided into smaller parcels, see MLS # 774974, 774977, and 774978.

Allanton Road, Panama City

$2,075,000

Investor opportunity! The Lenawee Apartments, located at 6318-6321 Lenawee St in Panama City, FL, offer a multifamily investment opportunity with 18 total units across five buildings. The property includes four quadplexes with 16 two-bedroom, one-bath units of approximately 750 square feet each, along with a duplex featuring two additional two-bedroom, one-bath units of approximately 832 square feet each. All five buildings were constructed in 1985 and feature stucco exteriors. Recent improvements include 2019 roofs and 2020 water heaters, and the units are individually metered for water and electricity. Conveniently located near retail, dining, major roadways, and Tyndall Air Force Base, the property offers strong potential for an investor looking to add a multifamily property to their portfolio.

2 Beds ⋅ 1 Baths ⋅ 794715 MLS

Investor opportunity! The Lenawee Apartments, located at 6318-6321 Lenawee St in Panama City, FL, offer a multifamily investment opportunity with 18 total units across five buildings. The property includes four quadplexes with 16 two-bedroom, one-bath units of approximately 750 square feet each, along with a duplex featuring two additional two-bedroom, one-bath units of approximately 832 square feet each. All five buildings were constructed in 1985 and feature stucco exteriors. Recent improvements include 2019 roofs and 2020 water heaters, and the units are individually metered for water and electricity. Conveniently located near retail, dining, major roadways, and Tyndall Air Force Base, the property offers strong potential for an investor looking to add a multifamily property to their portfolio.

6321 Lenawee Street Unit D, Panama City

$2,070,000

Multiple use commercial location with restaurant, mini warehouses, and residential rentals. DEVELOPMENT POTENTIAL MOTEL/GAS STATION/FAST FOOD. Starting on the corner of 4100 W. Hwy 98, and 1805 Grant Avenue. m330 ft. approx. on 98 by 232 approx. on Grant Avenue.

743809 MLS

Multiple use commercial location with restaurant, mini warehouses, and residential rentals. DEVELOPMENT POTENTIAL MOTEL/GAS STATION/FAST FOOD. Starting on the corner of 4100 W. Hwy 98, and 1805 Grant Avenue. m330 ft. approx. on 98 by 232 approx. on Grant Avenue.

4100 W Hwy 98, Panama City

$2,000,000

***Can be purchased separately or can purchase the entire 38 acres. See MLS # 795721 for more details and documents regarding the entire parcel*** Exceptional development opportunity in one of Panama City's growing residential and commercial corridors! This approximately 5-acre piece of land, is a proposal from the seller of a larger 38-acre tract located along Hwy 390 near Pipeline Road and Hwy 231. The seller is open to alternative sections of the property based on the buyers needs. The parent parcel is currently listed as industrial-zoned land and offers substantial frontage along the Hwy 390 corridor. Buyers should verify zoning, allowable uses, utilities, access, and subdivision requirements with the appropriate governmental authorities. Location is a major highlight. The property sits near the rapidly developing Hwy 231/Hwy 390 corridor, surrounded by established and newer residential communities that can provide a strong customer and employment base for future commercial development. Nearby residential growth includes communities such as Titus Park, Bylsma Manor Estates, and Sunset Village, reinforcing the continued expansion of this portion of Bay County. Just down the road is the growing Lindsey Crossing/Panama City Centre retail area, anchored by Publix Super Market at Panama City Centre at 4601 Lindsey Crossing. The center and surrounding outparcels are bringing additional shopping, dining, services, and daily traffic to this part of Panama City, including Starbucks and other businesses. The Publix-anchored center sits near the intersection of Hwy 231 and the Hwy 390 corridor, creating a convenient commercial hub for the surrounding residential population. Additional grocery and retail services are available nearby along Hwy 231, including Winn-Dixie at 3621 US-231 in the Transmitter Crossing area. The combination of Hwy 390 access, proximity to Hwy 231, expanding residential development, and nearby grocery, restaurant, retail, and service businesses makes this 5-acre tract an attractive opportunity for an investor, developer, or owner-user seeking a strategic location in north Panama City. Bring your vision or alternative suggestions to the seller and let's see what we can work out!

795770 MLS

***Can be purchased separately or can purchase the entire 38 acres. See MLS # 795721 for more details and documents regarding the entire parcel*** Exceptional development opportunity in one of Panama City's growing residential and commercial corridors! This approximately 5-acre piece of land, is a proposal from the seller of a larger 38-acre tract located along Hwy 390 near Pipeline Road and Hwy 231. The seller is open to alternative sections of the property based on the buyers needs. The parent parcel is currently listed as industrial-zoned land and offers substantial frontage along the Hwy 390 corridor. Buyers should verify zoning, allowable uses, utilities, access, and subdivision requirements with the appropriate governmental authorities. Location is a major highlight. The property sits near the rapidly developing Hwy 231/Hwy 390 corridor, surrounded by established and newer residential communities that can provide a strong customer and employment base for future commercial development. Nearby residential growth includes communities such as Titus Park, Bylsma Manor Estates, and Sunset Village, reinforcing the continued expansion of this portion of Bay County. Just down the road is the growing Lindsey Crossing/Panama City Centre retail area, anchored by Publix Super Market at Panama City Centre at 4601 Lindsey Crossing. The center and surrounding outparcels are bringing additional shopping, dining, services, and daily traffic to this part of Panama City, including Starbucks and other businesses. The Publix-anchored center sits near the intersection of Hwy 231 and the Hwy 390 corridor, creating a convenient commercial hub for the surrounding residential population. Additional grocery and retail services are available nearby along Hwy 231, including Winn-Dixie at 3621 US-231 in the Transmitter Crossing area. The combination of Hwy 390 access, proximity to Hwy 231, expanding residential development, and nearby grocery, restaurant, retail, and service businesses makes this 5-acre tract an attractive opportunity for an investor, developer, or owner-user seeking a strategic location in north Panama City. Bring your vision or alternative suggestions to the seller and let's see what we can work out!

000 W Pipeline Road, Panama City

$2,000,000

Brand-new construction duplex, perfectly positioned just a 3-minute stroll from the beach with no HOA! Designed for elevated living and exceptional rental performance, each townhome offers approximately 2,500 square feet of thoughtfully curated living space, featuring 4 spacious bedrooms, a bonus living area, and 4.5 designer bathrooms. Every detail has been carefully selected, from the premium luxury vinyl plank flooring and quartz countertops to the Frigidaire Gallery appliance package, designer lighting and plumbing fixtures, and commercial-grade Hayward pool equipment with private heated pools. The first floor welcomes you with a private guest suite featuring an en-suite bath, while the expansive open-concept kitchen, dining, and living areas flow seamlessly to a covered outdoor living space complete with a fireplace and private heated pool--creating the perfect setting for entertaining or relaxing after a day at the beach. The second level offers two generously sized bedroom suites, each with its own en-suite bath and walk-in closet, providing comfort and privacy for family and guests alike. The third floor serves as a private retreat, featuring a spacious bonus living room, convenient kitchenette, and access to an oversized covered balcony where you can enjoy Gulf views and coastal breezes. An additional bedroom suite with a walk-in closet and en-suite bath completes this level, while multiple flex closets throughout the home provide abundant storage or dedicated owner lockout space. Whether you're seeking a premier luxury vacation rental, a second home, or a full-time coastal residence, this exceptional property delivers the perfect combination of sophisticated design, modern amenities, and an unbeatable beachside location.

8 Beds ⋅ 10 Baths ⋅ 793380 MLS

Brand-new construction duplex, perfectly positioned just a 3-minute stroll from the beach with no HOA! Designed for elevated living and exceptional rental performance, each townhome offers approximately 2,500 square feet of thoughtfully curated living space, featuring 4 spacious bedrooms, a bonus living area, and 4.5 designer bathrooms. Every detail has been carefully selected, from the premium luxury vinyl plank flooring and quartz countertops to the Frigidaire Gallery appliance package, designer lighting and plumbing fixtures, and commercial-grade Hayward pool equipment with private heated pools. The first floor welcomes you with a private guest suite featuring an en-suite bath, while the expansive open-concept kitchen, dining, and living areas flow seamlessly to a covered outdoor living space complete with a fireplace and private heated pool--creating the perfect setting for entertaining or relaxing after a day at the beach. The second level offers two generously sized bedroom suites, each with its own en-suite bath and walk-in closet, providing comfort and privacy for family and guests alike. The third floor serves as a private retreat, featuring a spacious bonus living room, convenient kitchenette, and access to an oversized covered balcony where you can enjoy Gulf views and coastal breezes. An additional bedroom suite with a walk-in closet and en-suite bath completes this level, while multiple flex closets throughout the home provide abundant storage or dedicated owner lockout space. Whether you're seeking a premier luxury vacation rental, a second home, or a full-time coastal residence, this exceptional property delivers the perfect combination of sophisticated design, modern amenities, and an unbeatable beachside location.

6806 Thomas Drive, Panama City

$2,000,000

Pristine property located on beautiful St. Andrew's Bay in Panama City, FL. This property features 132 feet on St. Andrew Bay with a total of 1.67 acres. It is +/-1/2 mile east of the Hathaway Bridge, close to Port Panama City, Gulf Coast State College, Florida State University Panama City Campus, and Panama City Beach. In addition to St. Andrew's Bay, the property overlooks St. Andrew Bay, the Pass to the Gulf of Mexico and Shell Island. The property is zoned GC-2 General Commercial, allowing for multiple uses including, but not limited to, hotel/motel, multi-family, condominium, restaurant, retail, mixed-use, office, etc.

665663 MLS

Pristine property located on beautiful St. Andrew's Bay in Panama City, FL. This property features 132 feet on St. Andrew Bay with a total of 1.67 acres. It is +/-1/2 mile east of the Hathaway Bridge, close to Port Panama City, Gulf Coast State College, Florida State University Panama City Campus, and Panama City Beach. In addition to St. Andrew's Bay, the property overlooks St. Andrew Bay, the Pass to the Gulf of Mexico and Shell Island. The property is zoned GC-2 General Commercial, allowing for multiple uses including, but not limited to, hotel/motel, multi-family, condominium, restaurant, retail, mixed-use, office, etc.

4423 W HIGHWAY 98, Panama City

$1,900,000

Prime Commercial Opportunity - Gulf View Property on Thomas Drive | Zoned C-1. Attention Investors, Builders, and Entrepreneurs -- this is the opportunity you've been waiting for! This rare .53-acre Gulf-view property is zoned C-1 Neighborhood Commercial, offering a wide range of development possibilities. Situated in the heart of Panama City Beach, just 800 feet from the Gulf of Mexico, the site features: • Four (4) separate lots totaling approximately 23,000 sq. ft., or .53 of an acre • 100 feet of frontage on Thomas Drive, extending 230 feet through to Beach Drive • Includes a building with approx. 6,985 sq. ft. and 3 upstairs office/storage rooms, and bathrooms. Property Features: • High visibility in a bustling area surrounded by high-rise condos, restaurants, public beach access, and major attractions • Previously operated as a bar/restaurant • Recent renovations include complete build-out and new HVAC system • On-site signage and real estate included • Inventory available for purchase if buyer wishes to maintain existing store/business • Not in a flood zone -- despite being just steps from the Gulf! Zoning & Development Details: • C-1 Zoning allows for commercial, mixed-use, or multifamily development • Density: Up to 15 units per acre • Maximum Building Height: 35 feet • Impervious Surface Ratio: 60% • Floor Area Ratio: 100% • Setbacks: 20 ft front/rear, 5 ft sides • Minimum Lot Frontage: 70 ft Whether you're looking to develop multi-family units, open a thriving new business, or hold a valuable asset in one of the most sought-after areas of Panama City Beach, this property checks every box. Don't miss out on this exceptional investment. Schedule your private showing today -- before someone else turns your vision into their reality. All measurements, zoning allowances, and property details to be verified by buyer through personal or professional inspection.

795258 MLS

Prime Commercial Opportunity - Gulf View Property on Thomas Drive | Zoned C-1. Attention Investors, Builders, and Entrepreneurs -- this is the opportunity you've been waiting for! This rare .53-acre Gulf-view property is zoned C-1 Neighborhood Commercial, offering a wide range of development possibilities. Situated in the heart of Panama City Beach, just 800 feet from the Gulf of Mexico, the site features: • Four (4) separate lots totaling approximately 23,000 sq. ft., or .53 of an acre • 100 feet of frontage on Thomas Drive, extending 230 feet through to Beach Drive • Includes a building with approx. 6,985 sq. ft. and 3 upstairs office/storage rooms, and bathrooms. Property Features: • High visibility in a bustling area surrounded by high-rise condos, restaurants, public beach access, and major attractions • Previously operated as a bar/restaurant • Recent renovations include complete build-out and new HVAC system • On-site signage and real estate included • Inventory available for purchase if buyer wishes to maintain existing store/business • Not in a flood zone -- despite being just steps from the Gulf! Zoning & Development Details: • C-1 Zoning allows for commercial, mixed-use, or multifamily development • Density: Up to 15 units per acre • Maximum Building Height: 35 feet • Impervious Surface Ratio: 60% • Floor Area Ratio: 100% • Setbacks: 20 ft front/rear, 5 ft sides • Minimum Lot Frontage: 70 ft Whether you're looking to develop multi-family units, open a thriving new business, or hold a valuable asset in one of the most sought-after areas of Panama City Beach, this property checks every box. Don't miss out on this exceptional investment. Schedule your private showing today -- before someone else turns your vision into their reality. All measurements, zoning allowances, and property details to be verified by buyer through personal or professional inspection.

6908 Thomas Drive, Panama City

$1,900,000

FANTASTIC OPPORTUNITY FOR A GROUND FLOOR OFFICE SPACE IN A VERY DESIRABLE MEDICAL COMPLEX. This 5,123 sq. ft. medical office is ideal for any medical practice that benefit from a location on the Gulf Coast Medical Center Campus. The Hospital is literally down the hall via a connected corridor. The building repairs are complete and all of the common areas have been completely renovated. All sizes including sq. ft. are approx. Please Measure if important. Unit 108B rented out to 3,300 per month Unit 103 rented out for 4,900 per month.

741662 MLS

FANTASTIC OPPORTUNITY FOR A GROUND FLOOR OFFICE SPACE IN A VERY DESIRABLE MEDICAL COMPLEX. This 5,123 sq. ft. medical office is ideal for any medical practice that benefit from a location on the Gulf Coast Medical Center Campus. The Hospital is literally down the hall via a connected corridor. The building repairs are complete and all of the common areas have been completely renovated. All sizes including sq. ft. are approx. Please Measure if important. Unit 108B rented out to 3,300 per month Unit 103 rented out for 4,900 per month.

2202 State Avenue, Panama City

$1,899,000

Life waterfront is truly lived deep in the Cove on Bunkers Cove Road. This fully-renovated, single-level, four-bedroom, three-bath waterfront home with NO HOA sits back from the road on a one-acre homesite shaded by mature oaks and magnolias. With 153 feet of waterfront, it offers pure bay views that will take your breath away at 20' elevation. Enjoy a Florida room with vaulted ceilings and 180-degree bay views. Slide the glass doors open and and step into an oasis. All built in 2024, swim in the saltwater, heated pool, lounge on the sun shelf, or unwind in the built-in spa while you entertain year-round. The covered cabana was designed specifically with gatherings in mind and offers a gas fireplace and Coyote outdoor kitchen appliances and features consistent limestone flooring continuing on from the pool deck and patio. Even with a pool and summer kitchen, this back yard still lives big! Fenced in, plenty of privacy and room to play. Stroll down to the dock, where you've got deep water, with pilings existing and prepped for a boat lift with water and 50-amp power already in place. From home, you're minutes by boat from the open Gulf pass and Shell Island with no idle speed zones in between. Just over 3,200 square feet, inside, three of the four bedrooms wake up to pure bay views, including the waterfront primary suite, your own private sanctuary. Large enough for a sitting area overlooking the pool and Bay and includes a deep, walk-in closet. Its oversized bath is flooded with natural light and features double vanities with incredible counter space, a walk-in tiled shower, a free-standing soaking tub, a separate water closet, a linen closet, and ample storage. Two large, waterfront guest bedrooms are accessible from the hallway and a guest bath offers a tiled, shower-tub combo, beautiful tiled floors and a large double vanity. The fourth bedroom is located on the opposite side of the home and features an en suite bath with Carrera marble flooring and a deep turquoise tiled shower. As you step through the front door, your eyes are drawn directly to the waterfront with glass spanning the back of the home. The open concept was well-designed and the heart of the home is this stunning kitchen, made for gathering, with GE Café appliances, quartz countertops, a zellige tile backsplash, and a walnut island. Linger over breakfast at the built-in walnut banquette, or settle in by the fireplace beneath the vaulted living room ceilings. Custom millwork and modern coastal shiplap ceilings and walls bring warmth and character to the great room, kitchen, and Florida room. Just off the kitchen is a large laundry room with sink, a built-in mudroom nook off the carport. This home offers consistent LVP flooring throughout every inch of this home is in immaculate condition. Outside the carport is a separate, 300 square foot heated and cooled space with mini-split and is ready to become your home gym, office, workshop, or climate controlled storage. Peace of mind is built in this home. The home was gutted to the studs in 2022, with all plumbing and electrical replaced. It also offers concrete block construction, a hidden safe room inside the home, a 2019 roof, impact hurricane-rated windows, and a whole-home generator. At 20' elevation and X flood zone, it makes this a rare find on the water sitting high above the others. A deep water well with sprinkler system irrigates the lawn. Bunkers Cove Road is a street that people wait their entire lives to live on. It's a rare waterfront homesite offering one full acre of pure bay views and sits across the street from a city-maintained community park offers swings, a playground, benches, and a walking path. The Cove neighborhood is golf cart friendly, and Historic Downtown shopping and dining are minutes away. This location. This waterfront. Your legacy. Special financing incentives available on this property from SIRVA Mortgage.

4 Beds ⋅ 3 Baths ⋅ 796269 MLS

Life waterfront is truly lived deep in the Cove on Bunkers Cove Road. This fully-renovated, single-level, four-bedroom, three-bath waterfront home with NO HOA sits back from the road on a one-acre homesite shaded by mature oaks and magnolias. With 153 feet of waterfront, it offers pure bay views that will take your breath away at 20' elevation. Enjoy a Florida room with vaulted ceilings and 180-degree bay views. Slide the glass doors open and and step into an oasis. All built in 2024, swim in the saltwater, heated pool, lounge on the sun shelf, or unwind in the built-in spa while you entertain year-round. The covered cabana was designed specifically with gatherings in mind and offers a gas fireplace and Coyote outdoor kitchen appliances and features consistent limestone flooring continuing on from the pool deck and patio. Even with a pool and summer kitchen, this back yard still lives big! Fenced in, plenty of privacy and room to play. Stroll down to the dock, where you've got deep water, with pilings existing and prepped for a boat lift with water and 50-amp power already in place. From home, you're minutes by boat from the open Gulf pass and Shell Island with no idle speed zones in between. Just over 3,200 square feet, inside, three of the four bedrooms wake up to pure bay views, including the waterfront primary suite, your own private sanctuary. Large enough for a sitting area overlooking the pool and Bay and includes a deep, walk-in closet. Its oversized bath is flooded with natural light and features double vanities with incredible counter space, a walk-in tiled shower, a free-standing soaking tub, a separate water closet, a linen closet, and ample storage. Two large, waterfront guest bedrooms are accessible from the hallway and a guest bath offers a tiled, shower-tub combo, beautiful tiled floors and a large double vanity. The fourth bedroom is located on the opposite side of the home and features an en suite bath with Carrera marble flooring and a deep turquoise tiled shower. As you step through the front door, your eyes are drawn directly to the waterfront with glass spanning the back of the home. The open concept was well-designed and the heart of the home is this stunning kitchen, made for gathering, with GE Café appliances, quartz countertops, a zellige tile backsplash, and a walnut island. Linger over breakfast at the built-in walnut banquette, or settle in by the fireplace beneath the vaulted living room ceilings. Custom millwork and modern coastal shiplap ceilings and walls bring warmth and character to the great room, kitchen, and Florida room. Just off the kitchen is a large laundry room with sink, a built-in mudroom nook off the carport. This home offers consistent LVP flooring throughout every inch of this home is in immaculate condition. Outside the carport is a separate, 300 square foot heated and cooled space with mini-split and is ready to become your home gym, office, workshop, or climate controlled storage. Peace of mind is built in this home. The home was gutted to the studs in 2022, with all plumbing and electrical replaced. It also offers concrete block construction, a hidden safe room inside the home, a 2019 roof, impact hurricane-rated windows, and a whole-home generator. At 20' elevation and X flood zone, it makes this a rare find on the water sitting high above the others. A deep water well with sprinkler system irrigates the lawn. Bunkers Cove Road is a street that people wait their entire lives to live on. It's a rare waterfront homesite offering one full acre of pure bay views and sits across the street from a city-maintained community park offers swings, a playground, benches, and a walking path. The Cove neighborhood is golf cart friendly, and Historic Downtown shopping and dining are minutes away. This location. This waterfront. Your legacy. Special financing incentives available on this property from SIRVA Mortgage.

720 Bunkers Cove Road, Panama City

$1,850,000

***2025 RENTAL INCOME: $175,000 ***2026 BOOKINGS AT $191,450 AS OF OCT. 20. This beach house has it ALL! Sleeping up to 24 people across 6 bedrooms and 2 sleeper sofas, this is the perfect memory-making personal vacation home, generously-sized private beach residence, or lucrative short term rental investment. Whether you are accommodating multiple generations vacationing together or a group of friends for a quick trip to the beach, the possibilities are endless. Come see for yourself! HIGHLIGHTS INCLUDE: --One house away from public beach access #19 --Private heated pool and hot tub --Gulf views from upstairs balcony --Great outdoor entertaining space --4 of 6 bedrooms on the first floor --4 full baths --TWO bunk rooms (one up, one down) --Fully furnished and seats up to 20 for dining --Parking for up to 6 vehicles --Large laundry with storage --TWO living areas --Full kitchen PLUS kitchenette --Solar panels to reduce electricity expense --Low maintenance metal roof Ask your realtor for the AirBNB link and the FACTS AND FIGURES on this property year to date. Walkthrough video available in PHOTOS or tour in person. See the walkthrough video attached to this listing, and ask your agent for the Airbnb link as well. Thank you for your interest. We look forward to your offer!

6 Beds ⋅ 4 Baths ⋅ 782564 MLS

***2025 RENTAL INCOME: $175,000 ***2026 BOOKINGS AT $191,450 AS OF OCT. 20. This beach house has it ALL! Sleeping up to 24 people across 6 bedrooms and 2 sleeper sofas, this is the perfect memory-making personal vacation home, generously-sized private beach residence, or lucrative short term rental investment. Whether you are accommodating multiple generations vacationing together or a group of friends for a quick trip to the beach, the possibilities are endless. Come see for yourself! HIGHLIGHTS INCLUDE: --One house away from public beach access #19 --Private heated pool and hot tub --Gulf views from upstairs balcony --Great outdoor entertaining space --4 of 6 bedrooms on the first floor --4 full baths --TWO bunk rooms (one up, one down) --Fully furnished and seats up to 20 for dining --Parking for up to 6 vehicles --Large laundry with storage --TWO living areas --Full kitchen PLUS kitchenette --Solar panels to reduce electricity expense --Low maintenance metal roof Ask your realtor for the AirBNB link and the FACTS AND FIGURES on this property year to date. Walkthrough video available in PHOTOS or tour in person. See the walkthrough video attached to this listing, and ask your agent for the Airbnb link as well. Thank you for your interest. We look forward to your offer!

4116 Ocean Street, Panama City

1524 E 5th, Business 98 Street, Panama City

$1,850,000

Great Location off Business Highway 98 with road and water frontage. This Commercial Waterfront parcel Zoned GC-2 fronts Watson Bayou and sits next to the exclusive Watson Landings Marina for your boating needs. New 14 wet slips and custom lifts recently added with power and water to each slip. Hydraulic lifts on slips. More slips can be added going through the proper channels. Can accommodate plus 40 foot boat. All utilities in place with city sewer and water, as there used to be a dwelling on the premises prior to Hurricane. Land has a seawall (250 ft) in place and a 136 foot long boat Dock (deep water access), to include over 250 feet of waterfront. Excellent location and land size to build a storage facility, Retail, multi family or single-family homes as it is zoned Commercial and Mixed Use. Easy water access to Gulf with upscale marina next door for your boat fuel, storage and goods. New City Public Boat Ramp in close vicinity. Will seller finance if needed. Zoned Special Needs with tax incentives.

759811 MLS

Great Location off Business Highway 98 with road and water frontage. This Commercial Waterfront parcel Zoned GC-2 fronts Watson Bayou and sits next to the exclusive Watson Landings Marina for your boating needs. New 14 wet slips and custom lifts recently added with power and water to each slip. Hydraulic lifts on slips. More slips can be added going through the proper channels. Can accommodate plus 40 foot boat. All utilities in place with city sewer and water, as there used to be a dwelling on the premises prior to Hurricane. Land has a seawall (250 ft) in place and a 136 foot long boat Dock (deep water access), to include over 250 feet of waterfront. Excellent location and land size to build a storage facility, Retail, multi family or single-family homes as it is zoned Commercial and Mixed Use. Easy water access to Gulf with upscale marina next door for your boat fuel, storage and goods. New City Public Boat Ramp in close vicinity. Will seller finance if needed. Zoned Special Needs with tax incentives.

1524 E 5th, Business 98 Street, Panama City

$1,825,000

4.5+/- acres available. This listing is for two parcels- 14605-000-000 and 14606-000-000. Zoned C3-A which is very flexible zoning and provides opportunity for investment and financial gain. C3-A Zoning encompasses all the uses of C1 and C2 which include (but are not limited to): Retail, Transportation, Warehouses, even Waste Management (the only type of warehousing not allowed is refrigeration products and like-kind refrigeration storage), maximum building height allowed is 100 feet. See photos for diagram of the types of warehouses. Four (4) 9100 square foot warehouses, and One (1) 7215 warehouse. 43,615 total square feet for warehouses. Ample room for driveways, water retention, and parking. There is a 2186 square foot home that can be remodeled (for renting or use it as a home for management or property oversight) or demolished to provide more room for parking and/or an additional warehouse. There is an option to demolish the current granite retail store fronting 15th Street, or convert it to your own retail space. You can even utilize the retail space as a check-in for management if you decide to build a storage facility. The Boot Store was sold and is not included in the 4.5+/- acres. Setbacks are: 25 feet off 15th Street and 5 feet off the sides. Commercial properties are to the east and west of this property.

774170 MLS

4.5+/- acres available. This listing is for two parcels- 14605-000-000 and 14606-000-000. Zoned C3-A which is very flexible zoning and provides opportunity for investment and financial gain. C3-A Zoning encompasses all the uses of C1 and C2 which include (but are not limited to): Retail, Transportation, Warehouses, even Waste Management (the only type of warehousing not allowed is refrigeration products and like-kind refrigeration storage), maximum building height allowed is 100 feet. See photos for diagram of the types of warehouses. Four (4) 9100 square foot warehouses, and One (1) 7215 warehouse. 43,615 total square feet for warehouses. Ample room for driveways, water retention, and parking. There is a 2186 square foot home that can be remodeled (for renting or use it as a home for management or property oversight) or demolished to provide more room for parking and/or an additional warehouse. There is an option to demolish the current granite retail store fronting 15th Street, or convert it to your own retail space. You can even utilize the retail space as a check-in for management if you decide to build a storage facility. The Boot Store was sold and is not included in the 4.5+/- acres. Setbacks are: 25 feet off 15th Street and 5 feet off the sides. Commercial properties are to the east and west of this property.

2515 E 15th Street, Panama City

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