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*** Willing to subdivide**** This 38-acre parcel of land at Pipeline Rd and Hwy 390 adjacent to the new Publix shopping center off Hwy 231 , offering a unique opportunity for both commercial and residential development. This location is perfect for businesses looking to establish a strong presence on a major thoroughfare in Bay County. This property offers a wide range of possibilities for development. Whether you're looking to build a shopping center, storage facility, or office complex, this land is ready for your vision. The property is also suitable for residential development, with ample space for single-family homes, townhouses, or apartments. The location of this property is unbeatable. Situated in the heart of north Panama City, it offers easy access to major highways and transportation routes. The area is home to a thriving business community, with a diverse range of industries represented. This makes it an ideal location for businesses looking to expand or relocate. The property itself is a blank canvas, ready for your creative touch. Contact us today to schedule a viewing and see for yourself why this property is the perfect choice for your next project.

795721 MLS

*** Willing to subdivide**** This 38-acre parcel of land at Pipeline Rd and Hwy 390 adjacent to the new Publix shopping center off Hwy 231 , offering a unique opportunity for both commercial and residential development. This location is perfect for businesses looking to establish a strong presence on a major thoroughfare in Bay County. This property offers a wide range of possibilities for development. Whether you're looking to build a shopping center, storage facility, or office complex, this land is ready for your vision. The property is also suitable for residential development, with ample space for single-family homes, townhouses, or apartments. The location of this property is unbeatable. Situated in the heart of north Panama City, it offers easy access to major highways and transportation routes. The area is home to a thriving business community, with a diverse range of industries represented. This makes it an ideal location for businesses looking to expand or relocate. The property itself is a blank canvas, ready for your creative touch. Contact us today to schedule a viewing and see for yourself why this property is the perfect choice for your next project.

000 Hwy 390 Highway, Panama City

$3,750,000

''INVESTMENT PROPERTY'' This beautiful Private Beach home is a money maker! It has produced over $400k in rentals a year over the last four years. It is already booked at 70% for 2026! The location is great in the heart of all the attractions in Panama City Beach! The home has a 14x24 heated pool, hot tub , and over 2000sq ft of back deck to enjoy. You can walk off the back deck right into the beautiful white sand, and into the gulf! Home also boasts plenty of parking for boats, motorcycles, or RV's. With 9 bed rooms and 7 bathrooms there is room for the entire family! King size beds are in seven of the nine bedrooms, and almost every room has a beautiful view of the gulf. Home has a Large open area for entertaining and Gourmet Kitchen. There is also a separate Media/Game room for the kids upstairs with game table and large flat screen TV. ''Making Waves'' is a premiere gulf front home with a proven rental record! You must come see it for yourself!

9 Beds ⋅ 7 Baths ⋅ 784135 MLS

''INVESTMENT PROPERTY'' This beautiful Private Beach home is a money maker! It has produced over $400k in rentals a year over the last four years. It is already booked at 70% for 2026! The location is great in the heart of all the attractions in Panama City Beach! The home has a 14x24 heated pool, hot tub , and over 2000sq ft of back deck to enjoy. You can walk off the back deck right into the beautiful white sand, and into the gulf! Home also boasts plenty of parking for boats, motorcycles, or RV's. With 9 bed rooms and 7 bathrooms there is room for the entire family! King size beds are in seven of the nine bedrooms, and almost every room has a beautiful view of the gulf. Home has a Large open area for entertaining and Gourmet Kitchen. There is also a separate Media/Game room for the kids upstairs with game table and large flat screen TV. ''Making Waves'' is a premiere gulf front home with a proven rental record! You must come see it for yourself!

5409 Gulf Drive, Panama City

$3,750,000

Zoning is 2 units per acre. This serene piece of pristine coastline covers 167 acres in Panama City, Florida, with its approx. 7200 ft (1.3 miles) of shoreline on the Intercoastal Waterway. Located a leisurely boat ride away from the Gulf of Mexico, in the East Bay area, this tract of land is ideal for a waterfront community. This amazing parcel of land is one of the best and most stunning pieces of land with deep water accessibility left in Panama City, Florida with huge potential for development. There are engineering and feasibility studies completed in the past and this property could have 173 up to 232 lots per these studies. There is a complete packet of information on file, along with survey, wetland delineations, and lots of photos.

729404 MLS

Zoning is 2 units per acre. This serene piece of pristine coastline covers 167 acres in Panama City, Florida, with its approx. 7200 ft (1.3 miles) of shoreline on the Intercoastal Waterway. Located a leisurely boat ride away from the Gulf of Mexico, in the East Bay area, this tract of land is ideal for a waterfront community. This amazing parcel of land is one of the best and most stunning pieces of land with deep water accessibility left in Panama City, Florida with huge potential for development. There are engineering and feasibility studies completed in the past and this property could have 173 up to 232 lots per these studies. There is a complete packet of information on file, along with survey, wetland delineations, and lots of photos.

00 Allanton Road, Panama City

$3,400,000

Discover an exceptionally rare opportunity to own nearly 2 acres of premier bayfront property in the heart of Historic St. Andrews - one of Panama City's most desirable and charming waterfront communities. Spanning approximately 1.9 acres, this extraordinary estate-sized homesite offers the perfect setting to build your dream waterfront residence, private retreat, or luxury family compound. Nestled at the end of a quiet street, the property features approximately 165 feet of direct frontage on St. Andrews Bay, providing breathtaking panoramic water views, mature oak trees, and a level of privacy seldom found in such a sought-after location. Enjoy direct access to the bay and Gulf waters for boating, fishing, paddleboarding, and endless outdoor recreation, all from your own backyard. A dock permit has already been issued for reconstruction of the existing dock, including a 332-foot walkway, three 38-foot finger piers, and a 14' x 38' covered boat slip with lift. This exceptional setup offers ample space for multiple vessels and creates the ultimate waterfront lifestyle. Imagine departing from your private dock for a family excursion to Shell Island, an afternoon on the water, or an early morning chasing redfish across the nearby flats. Perched at a high elevation, the property offers stunning sunset views over the bay, creating a spectacular backdrop for everyday living. Despite its peaceful, secluded setting, the homesite is just minutes from the shops, restaurants, marina, and vibrant atmosphere of Historic St. Andrews, with convenient access to Downtown Panama City and the white-sand beaches and emerald waters of the Gulf Coast.

796329 MLS

Discover an exceptionally rare opportunity to own nearly 2 acres of premier bayfront property in the heart of Historic St. Andrews - one of Panama City's most desirable and charming waterfront communities. Spanning approximately 1.9 acres, this extraordinary estate-sized homesite offers the perfect setting to build your dream waterfront residence, private retreat, or luxury family compound. Nestled at the end of a quiet street, the property features approximately 165 feet of direct frontage on St. Andrews Bay, providing breathtaking panoramic water views, mature oak trees, and a level of privacy seldom found in such a sought-after location. Enjoy direct access to the bay and Gulf waters for boating, fishing, paddleboarding, and endless outdoor recreation, all from your own backyard. A dock permit has already been issued for reconstruction of the existing dock, including a 332-foot walkway, three 38-foot finger piers, and a 14' x 38' covered boat slip with lift. This exceptional setup offers ample space for multiple vessels and creates the ultimate waterfront lifestyle. Imagine departing from your private dock for a family excursion to Shell Island, an afternoon on the water, or an early morning chasing redfish across the nearby flats. Perched at a high elevation, the property offers stunning sunset views over the bay, creating a spectacular backdrop for everyday living. Despite its peaceful, secluded setting, the homesite is just minutes from the shops, restaurants, marina, and vibrant atmosphere of Historic St. Andrews, with convenient access to Downtown Panama City and the white-sand beaches and emerald waters of the Gulf Coast.

3333 W 14th Street, Panama City

$3,399,900

Nice Development parcel with approx 650' on Frankford Ave and approx. 300' on Airport Rd. Currently zoned R-1 Residential, Seller will cooperate with any development orders re-zoning needed for mixed use. This property is adjacent to the Sweet Bay Development with approx 1260' joining Sweet Bay Property. This property is accessible from Frankford as well as Airport Rd.

753662 MLS

Nice Development parcel with approx 650' on Frankford Ave and approx. 300' on Airport Rd. Currently zoned R-1 Residential, Seller will cooperate with any development orders re-zoning needed for mixed use. This property is adjacent to the Sweet Bay Development with approx 1260' joining Sweet Bay Property. This property is accessible from Frankford as well as Airport Rd.

00 Frankford Avenue, Panama City

$3,350,000

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

$3,299,000

Within Hadley's Beach, an intimate Gulf-front community of just 26 residences in Panama City Beach, 5944 Gulf Drive is a new construction coastal residence by Thor Construction, thoughtfully designed around scale, craftsmanship, and life near the Gulf. Spanning 4,747 square feet with six bedrooms and six and a half baths, the home balances sophisticated gathering spaces with private retreats, creating a setting equally suited to everyday living, extended stays, and time shared with family and guests. The interiors are defined by craftsmanship rather than excess. Thoughtful proportions, elevated finishes, and natural transitions between spaces create an easy sophistication throughout the home. At its center, the kitchen brings form and function together with custom cabinetry, premium appliances, an expansive island, and a layout designed to keep the kitchen connected to the surrounding living areas. Throughout the residence, private and shared spaces have been carefully considered. The third-floor primary suite offers a more secluded retreat within the home, while additional bedrooms provide comfortable accommodations for family and guests. A generously scaled bunk room, featuring a custom king bunk and two twin bunks, adds flexibility and architectural character while maintaining the refined aesthetic carried throughout the residence. Outdoor living extends into the fenced backyard, where Gulf breezes and an outdoor shower reflect the ease of the coastal setting. Hadley's Beach is intentionally limited in scale, with 16 Gulf-front and 10 first-tier residences, creating a more intimate residential environment along Panama City Beach's white-sand shoreline and emerald waters. What distinguishes 5944 Gulf Drive is the combination of new construction, thoughtful architecture, and a Gulf-oriented setting within a limited collection of residences. For buyers searching for a luxury new construction home in Panama City Beach, a second home near the Gulf of Mexico, or a spacious coastal residence designed for family and guests, 5944 Gulf Drive delivers a compelling balance of design, livability, and location within Hadley's Beach.

6 Beds ⋅ 7 Baths ⋅ 796359 MLS

Within Hadley's Beach, an intimate Gulf-front community of just 26 residences in Panama City Beach, 5944 Gulf Drive is a new construction coastal residence by Thor Construction, thoughtfully designed around scale, craftsmanship, and life near the Gulf. Spanning 4,747 square feet with six bedrooms and six and a half baths, the home balances sophisticated gathering spaces with private retreats, creating a setting equally suited to everyday living, extended stays, and time shared with family and guests. The interiors are defined by craftsmanship rather than excess. Thoughtful proportions, elevated finishes, and natural transitions between spaces create an easy sophistication throughout the home. At its center, the kitchen brings form and function together with custom cabinetry, premium appliances, an expansive island, and a layout designed to keep the kitchen connected to the surrounding living areas. Throughout the residence, private and shared spaces have been carefully considered. The third-floor primary suite offers a more secluded retreat within the home, while additional bedrooms provide comfortable accommodations for family and guests. A generously scaled bunk room, featuring a custom king bunk and two twin bunks, adds flexibility and architectural character while maintaining the refined aesthetic carried throughout the residence. Outdoor living extends into the fenced backyard, where Gulf breezes and an outdoor shower reflect the ease of the coastal setting. Hadley's Beach is intentionally limited in scale, with 16 Gulf-front and 10 first-tier residences, creating a more intimate residential environment along Panama City Beach's white-sand shoreline and emerald waters. What distinguishes 5944 Gulf Drive is the combination of new construction, thoughtful architecture, and a Gulf-oriented setting within a limited collection of residences. For buyers searching for a luxury new construction home in Panama City Beach, a second home near the Gulf of Mexico, or a spacious coastal residence designed for family and guests, 5944 Gulf Drive delivers a compelling balance of design, livability, and location within Hadley's Beach.

5944 Gulf Drive, Panama City

$3,200,000

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

$3,165,000

3 parcels - (1220 19th St. - 13784-022-000, 1302 19th St. - 13784-015-000, 1304 19th St - 13784-050-000) 2 well-established and prosperous businesses with spray booth, car crusher, loader, semi truck with 2 flatbed trailers, 2 sling wreckers, 1 flatbed wrecker and tools.

781043 MLS

3 parcels - (1220 19th St. - 13784-022-000, 1302 19th St. - 13784-015-000, 1304 19th St - 13784-050-000) 2 well-established and prosperous businesses with spray booth, car crusher, loader, semi truck with 2 flatbed trailers, 2 sling wreckers, 1 flatbed wrecker and tools.

1220 W 19th Street, Panama City

$2,950,000

The Barron & Redding Law Office is available for sale. One of the most prestigious Class ''A'' law office buildings in Panama City. Located adjacent to the Bay County Courthouse on Massalina Bayou which leads directly to St. Andrew Bay and the Gulf of America. The 10,157 square foot, two-story office building is situated on 1.1 acres. Masonry construction with brick veneer and huge windows throughout. The entire office has extensive wood moldings, paneling, and trim, particularly in the attorney's offices, conference rooms, and law library. The two-story office includes 18 large private offices, 2 conference rooms, a law library, open office for paralegals and administration, workspace, large breakroom, and reception. Built in 1986 and renovated in 2019 following Hurricane Michael. The well-constructed building received minor damage from the Hurricane. The following renovations were completed: all new storm-rated impact windows and doors, new roof, new HVAC systems, and new flooring. There is +/-550 linear waterfront feet on Massalina Bayou with a submerged land lease in-place that provides for the deep-water dock space with a large pier and wooden dock capable of accommodating several large boats. Gorgeous views across Massalina Bayou. The Bay County Courthouse is less than 300' up McKenzie Avenue. Beautiful landscaping with mature oak trees all over the property. The location cannot be matched, and they truly do not make them like this anymore. The site plan, elevations, and floor plans are attached. Call for further details and to schedule a tour. Barron & Redding is merging with Hand Arendall.

992263 MLS

The Barron & Redding Law Office is available for sale. One of the most prestigious Class ''A'' law office buildings in Panama City. Located adjacent to the Bay County Courthouse on Massalina Bayou which leads directly to St. Andrew Bay and the Gulf of America. The 10,157 square foot, two-story office building is situated on 1.1 acres. Masonry construction with brick veneer and huge windows throughout. The entire office has extensive wood moldings, paneling, and trim, particularly in the attorney's offices, conference rooms, and law library. The two-story office includes 18 large private offices, 2 conference rooms, a law library, open office for paralegals and administration, workspace, large breakroom, and reception. Built in 1986 and renovated in 2019 following Hurricane Michael. The well-constructed building received minor damage from the Hurricane. The following renovations were completed: all new storm-rated impact windows and doors, new roof, new HVAC systems, and new flooring. There is +/-550 linear waterfront feet on Massalina Bayou with a submerged land lease in-place that provides for the deep-water dock space with a large pier and wooden dock capable of accommodating several large boats. Gorgeous views across Massalina Bayou. The Bay County Courthouse is less than 300' up McKenzie Avenue. Beautiful landscaping with mature oak trees all over the property. The location cannot be matched, and they truly do not make them like this anymore. The site plan, elevations, and floor plans are attached. Call for further details and to schedule a tour. Barron & Redding is merging with Hand Arendall.

220 Mckenzie Ave, 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.

1011592 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 St, 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

$2,900,000

Embrace the charm of Old Florida with this rare 6-unit motel situated on over half an acre in one of the most desirable locations along Surf Drive. Rich in character and coastal appeal, this income-producing property offers a unique blend of nostalgia and modern potential. Exceptional Investment Opportunity in a Prime Beachfront Setting. Notably, it boasts the only beach view from the north side of Surf Drive--an unmatched feature that sets it apart. Currently operating as a turnkey business, this thriving Bed and Breakfast is fully furnished and well maintained, providing immediate income with strong demand driven by Panama City Beach's thriving tourism market. Guests enjoy convenient beach access just steps away, along with walkable proximity to dining, entertainment, and local attractions. The expansive lot and high-intensity zoning present exceptional redevelopment opportunities. Whether you envision expanding the existing footprint, creating a boutique lodging experience, or developing single-family or multi-family residences, the possibilities are wide open. With its prime location, steady rental potential, and rare development flexibility, this property is an outstanding opportunity for investors seeking both current cash flow and long-term upside in a highly sought-after coastal market.

788821 MLS

Embrace the charm of Old Florida with this rare 6-unit motel situated on over half an acre in one of the most desirable locations along Surf Drive. Rich in character and coastal appeal, this income-producing property offers a unique blend of nostalgia and modern potential. Exceptional Investment Opportunity in a Prime Beachfront Setting. Notably, it boasts the only beach view from the north side of Surf Drive--an unmatched feature that sets it apart. Currently operating as a turnkey business, this thriving Bed and Breakfast is fully furnished and well maintained, providing immediate income with strong demand driven by Panama City Beach's thriving tourism market. Guests enjoy convenient beach access just steps away, along with walkable proximity to dining, entertainment, and local attractions. The expansive lot and high-intensity zoning present exceptional redevelopment opportunities. Whether you envision expanding the existing footprint, creating a boutique lodging experience, or developing single-family or multi-family residences, the possibilities are wide open. With its prime location, steady rental potential, and rare development flexibility, this property is an outstanding opportunity for investors seeking both current cash flow and long-term upside in a highly sought-after coastal market.

8524 Surf Drive, 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.

3 Beds ⋅ 5 Baths ⋅ 1011673 MLS ⋅ 4,000 SqFt.

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 Rd, 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

$2,495,000

Waterfront Development Opportunity with Entitlements in Place. Bay Breeze Shores is nestled along North Bay in the City of Lynn Haven. This waterfront property offers a rare opportunity for visionary developers and investors. With panoramic water views and wildlife to observe, promising a lifestyle of tranquility and privacy, making it an ideal site for creating an exclusive multifamily community. Conveniently located half a mile to Highway 77 for easy access to Downtown City of Lynn Haven's Restaurants and friendly parks, as well as 15 miles to Northwest Florida Beaches International Airport. Ride golf cart 1 mile to Leslie Porter Wayside Park byway of Bailey Bridge Fishing Pier, to enjoy a Beach-Like feel or bask in the beautiful Florida Sun. Amenities are endless. Dock & Seawall permits in place giving this community direct access to the Gulf. This property's unique location makes it suitable for various types of developments. Whether you envision an upscale residential community with waterfront access or a tranquil rental resort that attracts visitors seeking relaxation to enjoy the natural beauty Florida has to offer. Currently Zoned High Density Residential with an Approved Development Order for 38 units on 2.92 acres. There is an additional .82 acre Out-parcel available for expansion. Entire Property is High and Dry.

777169 MLS

Waterfront Development Opportunity with Entitlements in Place. Bay Breeze Shores is nestled along North Bay in the City of Lynn Haven. This waterfront property offers a rare opportunity for visionary developers and investors. With panoramic water views and wildlife to observe, promising a lifestyle of tranquility and privacy, making it an ideal site for creating an exclusive multifamily community. Conveniently located half a mile to Highway 77 for easy access to Downtown City of Lynn Haven's Restaurants and friendly parks, as well as 15 miles to Northwest Florida Beaches International Airport. Ride golf cart 1 mile to Leslie Porter Wayside Park byway of Bailey Bridge Fishing Pier, to enjoy a Beach-Like feel or bask in the beautiful Florida Sun. Amenities are endless. Dock & Seawall permits in place giving this community direct access to the Gulf. This property's unique location makes it suitable for various types of developments. Whether you envision an upscale residential community with waterfront access or a tranquil rental resort that attracts visitors seeking relaxation to enjoy the natural beauty Florida has to offer. Currently Zoned High Density Residential with an Approved Development Order for 38 units on 2.92 acres. There is an additional .82 acre Out-parcel available for expansion. Entire Property is High and Dry.

1817 Bay Breeze Drive, 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

5237 Thomas Drive Unit A & B, Panama City

$2,185,000

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

$2,180,000

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