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5509 Thomas Drive, Panama City
$1,349,900
4 Beds ⋅ 4 Baths ⋅ 796073 MLS
Live the Panama City Beach lifestyle you've been dreaming of--just steps from the Gulf of America! Originally built as the developer's personal residence, this distinctive coastal home is ideally positioned on a desirable corner lot and offers 4 bedrooms and 3.5 bathrooms, including two spacious master suites with plenty of room and privacy for family and guests. Expansive wraparound balconies finished with beautiful brick pavers create an inviting extension of the living space--perfect for entertaining, relaxing in the coastal breeze, or taking in the Gulf views. A large inground pool provides your own private retreat for sunny Florida days and gatherings with family and friends. Located in a golf cart-friendly community near marinas, St. Andrews State Park, popular restaurants, shopping, and the beach, the location puts the best of Panama City Beach within easy reach. Short-term rentals are allowed, adding excellent flexibility for buyers seeking a primary residence, second home, or investment property. Rental projections indicate potential gross rental income upwards of $130,000 annually, subject to rental management, occupancy, rates, and market conditions. With its prime location, generous outdoor living spaces, private pool, Gulf views, and strong rental potential, this property offers an exciting opportunity to own a piece of the Panama City Beach lifestyle.

5509 Thomas Drive, Panama City

Listing courtesy of Emerald Coast Realty Group.

7115 Thomas Drive Unit 1803, Panama City
$1,349,900
3 Beds ⋅ 3 Baths ⋅ 793877 MLS
One of Panama City Beach's best-kept secrets! This spectacular 3BR/3BA condo at Hidden Dunes offers over 2,300 SqFt of living space, one of the most spacious and well-designed floor plans on the beach, and an incredible oversized Gulf-front balcony with high quality outdoor furniture positioned for beautiful sunset views. From the moment you enter the grand foyer with motion-controlled lighting, this condo feels more like a home than a typical beach condo. The expansive interior features 10' ceilings, bull-nose corners, architectural trim work, tile flooring throughout, and plenty of room for family and friends to spread out and relax. The huge Gulf-front Primary Suite features an en suite bath, walk-in closet with custom wood shelving, remote-controlled Hunter Douglas blinds, and direct access to those incredible Gulf views. The Gulf-view gourmet kitchen offers abundant counter space, cherry wood cabinetry, eat-in bar seating, and an open layout overlooking the spacious living and dining areas--perfect for entertaining or cooking and re-hydrating after a day at the beach. Additional upgrades and features include updated shower doors, faucets and trim, remote-controlled ceiling fans in the great room, motorized roll-down storm shutters, an electronic HVAC air filter and UV light system, and remote-controlled Hunter Douglas blinds in the living room and Primary Suite. The oversized laundry room is a standout of its own, complete with a utility sink and additional matching cabinetry for exceptional storage. Even from the 18th floor, the balcony maintains views of the beach below while delivering sweeping Gulf and sunset views. An assigned covered parking space, exterior owner storage, and much more complete the offering. With its exceptional size, thoughtful layout, abundant storage, and true residential feel, this Hidden Dunes condo is equally suited for full-time living, a family beach retreat, second home, or rental investment. All information is believed to be accurate but should be verified by the buyer.

7115 Thomas Drive Unit 1803, Panama City

Listing courtesy of Think Real Estate.

7505 Thomas Drive Unit 1312B, Panama City
$1,300,000
2 Beds ⋅ 2 Baths ⋅ 796885 MLS
BREATHTAKING OCEAN VIEWS FROM EVERY ROOM! LUXURY PANAMA CITY BEACH PENTHOUSE! Experience elevated coastal living in this stunning, fully furnished penthouse in beautiful Panama City Beach! Offering breathtaking ocean views from every room, this beautifully updated 2-bedroom, 2-bath condo combines luxury, comfort, and the ultimate resort lifestyle. The open floor plan is filled with natural light, while the desirable split-bedroom layout provides privacy for owners and guests. The spacious living area features a beautiful gas fireplace and sliding glass doors that open onto your private balcony, where you can relax, entertain, fire up the gas grill, and enjoy spectacular sunsets over the water. Both bedrooms also feature sliding glass doors leading directly to the balcony, creating a seamless connection between indoor and outdoor living while allowing you to wake up to beautiful ocean views. Thoughtfully updated throughout, this move-in-ready penthouse comes fully furnished and features appliances approximately two years old, making it easy to begin enjoying your own beach retreat. The gated community offers resort-style amenities, including swimming pools, a fitness center, private beach access, elevators, and assigned covered parking in the parking garage. Whether you are searching for a luxurious primary residence, a second home, or an investment opportunity, this exceptional property offers the best of Panama City Beach living. With short-term rentals permitted, you can enjoy your own coastal getaway while exploring its potential as a vacation rental investment, subject to applicable community rules and local regulations. Enjoy the ocean views, embrace the resort lifestyle, and make every day feel like a vacation! This is coastal penthouse living at its finest. Easy to Show, call to schedule your private showing.

7505 Thomas Drive Unit 1312B, Panama City

Listing courtesy of Beachy Beach Real Estate.

3407 S Highway 77, Panama City
$1,300,000
752649 MLS
Desirable 2.1 acre property located on busy Hwy 77 in Panama City. This is being carved out of an original 4.2 acre property shown in the photos. 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 one metal 60' x 60' retail building complete with finished interior space and covered warehouse storage. The building being sold is the one of the South side of the property or on the right in the photos. There is parking at the front of the building and an easement will be given to use the driveway to the other building. 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. The retail business is not for sale only the building and property. The business onsite is in a month to month lease. Please don't disturb the tenants. The property has a Panama City address, but was annexed by the city of Lynn Haven so utilities and taxes are through City of Lynn Haven.

3407 S Highway 77, Panama City

Listing courtesy of Keller Williams Success Realty.

4115 Holiday Drive, Panama City
$1,259,000
4 Beds ⋅ 4 Baths ⋅ 796444 MLS
Just off the coast of Panama City Beach and only one block from beach access, 4115 Holiday Drive is a newly built coastal retreat designed around elevated living, flexibility, and the effortless rhythm of life near the Gulf. Completed in 2025, the three-level residence offers 2,640 square feet of heated and cooled living space with four bedrooms, four bathrooms, Hardie board siding, and covered porches and balconies spanning each level. The home blends a refined coastal aesthetic with a layout designed for both privacy and entertaining. The main level opens into a bright living space and beautifully appointed kitchen featuring quartz countertops, white shaker cabinetry, stainless steel appliances, and a walk-in pantry. A private guest suite with its own en suite bath and a dedicated walk-in laundry room complete the first floor. Upstairs, the second level features two spacious primary-style suites, each with a private en suite bathroom and direct access to the balcony. The third floor serves as a private upper-level retreat with a bedroom or flex space, kitchenette, en suite bath, and an expansive walkout balcony capturing elevated views toward the Gulf. Beyond the main residence, a substantial 1,840-square-foot detached building adds another level of flexibility to the property, with approximately 860 square feet already heated and cooled. The space offers exceptional potential for a guest retreat, entertainment space, studio, fitness area, or additional income-producing use, subject to applicable zoning, permitting, and approvals. Between the residence and detached building, the backyard creates an opportunity to further transform the property into a private coastal escape. Subject to permitting and site requirements, the space may accommodate a pool, surrounding deck, and outdoor entertaining area, creating a resort-style courtyard that connects the two structures. Altogether, the property offers approximately 4,480 square feet of combined building area, including roughly 3,500 square feet currently heated and cooled. With newer construction, Gulf views, multiple private suites, expansive balconies, substantial additional space, and beach access just a block away, 4115 Holiday Drive offers more than a place near the water. It offers the foundation for a distinctive coastal retreat--one that can be enjoyed today and elevated even further for years to come.

4115 Holiday Drive, Panama City

Listing courtesy of Think Real Estate.

430&432 Mckenzie Avenue, Panama City
$1,250,000
1013721 MLS
WATERFRONT TWO STORY EXECUTIVE LAW OFFICE + 2 VACANT LOTS + BOATHOUSE with +/-200 FEET OF WATER FRONTAGE on Massalina Bayou. Located in the popular Historic Downtown District of Panama City, this property is a 1-2 minute walk to the Bay County Courthouse, and a 4 minute walk to Panama City's Social District, where you will enjoy waterfront dining, brew pubs, cafes, boutiques, local art galleries, specialty shoppes, performing arts theaters, live events & music, antique shopping, seafood market, and more! The 432 McKenzie Avenue professional building sits on the northernmost lot, with two adjoining vacant lots to the south. The vacant lots are currently being utilized as well-kept green space, with access to the boathouse built in 2020. The building itself encompasses +/- 4000 square feet with an additional 1000+ square feet of large waterfront balconies. As you pull into the paved lot, you will find plenty of parking leading up to this impressive two story building, with its southern architecture. The entrance is shaded by towering trees that frame and accent this charming property, which is all situated on the waters edge for maximized views of Massalina Bayou. As you enter through the rich wooden front door and into the spacious lobby, you will note the atmosphere is formal yet comfortably inviting. This large first level reception area is central to two private offices, two conference rooms, and multiple additional offices and areas for reception and administration. As you ascend the wide and well lit U-shaped staircase, the second level also consists of a spacious reception area, central to another 2 large private offices, a gorgeous law library, additional private areas and offices for administration and conference use, and a kitchen/break area as well. Both the first and second level have multiple big water views and accesses to the expansive waterfront balconies on each level. This property is the perfect combination of southern design, serene water views, and executive decor. Whether you are looking for the perfect waterfront office space in a premium location with additional land, or considering an investment with possible incentives in an area that is quickly becoming a destination location, this could be the perfect property for you! Property is being sold As-Is. Furnishings and contents may be negotiable at Seller's discretion. Office is wheelchair accessible. Plenty of additional storage. There are currently hurricane shutters in place, so some photos feature virtually rendered views where the shutters currently block the windows and doors. Actual views and dimensions of windows and doors may slightly vary. Roof was replaced in 2018. Survey is available. All information is approximate and should be verified by Buyer if important.

430&432 Mckenzie Avenue, Panama City

Listing courtesy of World Impact Real Estate.

430&432 McKenzie Avenue, Panama City
$1,250,000
796535 MLS
WATERFRONT TWO STORY EXECUTIVE LAW OFFICE + 2 VACANT LOTS + BOATHOUSE with +/-200 FEET OF WATER FRONTAGE on Massalina Bayou. Located in the popular Historic Downtown District of Panama City, this property is a 1-2 minute walk to the Bay County Courthouse, and a 4 minute walk to Panama City's Social District, where you will enjoy waterfront dining, brew pubs, cafes, boutiques, local art galleries, specialty shoppes, performing arts theaters, live events & music, antique shopping, seafood market, and more! The 432 McKenzie Avenue professional building sits on the northernmost lot, with two adjoining vacant lots to the south. The vacant lots are currently being utilized as well-kept green space, with access to the boathouse built in 2020. The building itself encompasses +/- 4000 square feet with an additional 1000+ square feet of large waterfront balconies. As you pull into the paved lot, you will find plenty of parking leading up to this impressive two story building, with its southern architecture. The entrance is shaded by towering trees that frame and accent this charming property, which is all situated on the waters edge for maximized views of Massalina Bayou. As you enter through the rich wooden front door and into the spacious lobby, you will note the atmosphere is formal yet comfortably inviting. This large first level reception area is central to two private offices, two conference rooms, and multiple additional offices and areas for reception and administration. As you ascend the wide and well lit U-shaped staircase, the second level also consists of a spacious reception area, central to another 2 large private offices, a gorgeous law library, additional private areas and offices for administration and conference use, and a kitchen/break area as well. Both the first and second level have multiple big water views and accesses to the expansive waterfront balconies on each level. This property is the perfect combination of southern design, serene water views, and executive decor. Whether you are looking for the perfect waterfront office space in a premium location with additional land, or considering an investment with possible incentives in an area that is quickly becoming a destination location, this could be the perfect property for you! Property is being sold As-Is. Furnishings and contents may be negotiable at Seller's discretion. Office is wheelchair accessible. Plenty of additional storage. There are currently hurricane shutters in place, so some photos feature virtually rendered views where the shutters currently block the windows and doors. Actual views and dimensions of windows and doors may slightly vary. Roof was replaced in 2018. Survey is available. All information is approximate and should be verified by Buyer if important.

430&432 McKenzie Avenue, Panama City

Listing courtesy of World Impact Real Estate.

6627 Thomas Drive Unit 1401, Panama City
$1,250,000
3 Beds ⋅ 3 Baths ⋅ 795046 MLS
3BR/3BA Gulf-front condo at Sterling Beach in Panama City Beach. 34 feet of floor-to-ceiling glass, 12-foot ceilings and covered parking #15. From the moment you arrive at Sterling Beach, the winding paver drive, Royal Palms and Gulf-front setting create a memorable introduction. Unit 1401 is a 2,274-square-foot Gulf-front condominium where approximately 34 feet of floor-to-ceiling glass showcases expansive Gulf and coastline views. Large rooms, abundant natural light and oversized crown molding complement the spacious interior. The completely upgraded kitchen gives this residence a distinctive look of its own, with new cabinetry, backsplash, tile flooring, laundry room cabinetry and black stainless steel appliances. The centerpiece is the Vetrazzo countertop surface, where colorful recycled-glass pieces create an artisanal, mosaic-like appearance reminiscent of sea glass and the emerald-toned Gulf beyond the windows. An oversized open enamel sink completes the updated kitchen. Updates continue throughout the baths with new granite countertops and tile flooring. The primary suite offers a large walk-in closet, private balcony and bath with double vanities, walk-in shower, jetted tub and private water closet. The second primary bedroom serves as the lockout suite and features its own private balcony and a completely remodeled bath with a custom tiled walk-in shower with bench, vessel sinks and a beautiful handcrafted barn door. Tile flooring also enhances both the main entry and separate lockout entry. One of Unit 1401's most versatile features is this second primary suite and lockout configuration. With the addition of an interior door in the foyer area, the residence can function as a full 3-bedroom condominium or allow the second primary suite to be separated, providing flexibility for personal use or rentals. Short-term rentals are allowed. The residence was also wired for surround sound during construction, and water heaters were replaced in 2021 and 2023. Unit 1401 includes covered garage parking space #15. Sterling Beach offers approximately 400 feet of Gulf frontage along with a heated free-form pool and expansive deck areas, spa/hot tub, Gulf-front fitness center, high-speed elevators, bike and kayak racks, owners lounge and meeting room, 44-seat theater, BBQ and picnic area, covered pergola and beach access. Onsite HOA and rental offices provide additional convenience. Located on Thomas Drive in Panama City Beach, Sterling Beach provides convenient access to restaurants, grocery shopping, marinas, fishing, diving and sightseeing operations, with St. Andrews State Park toward the east end of Thomas Drive. Built in 2003, Unit 1401 combines panoramic Gulf views, extensive interior upgrades, a second primary lockout suite, covered parking and resort-style amenities. Monthly HOA dues are currently listed at $1,191.98. Schedule a showing to experience the space, finishes and Gulf-front setting of Sterling Beach Unit 1401.

6627 Thomas Drive Unit 1401, Panama City

Listing courtesy of Counts Real Estate Group Inc.

8929 N Lagoon Drive, Panama City
$1,250,000
784057 MLS
PRIME COMMERCIAL CORNER OF JOAN AND NORTH LAGOON DRIVE. Frontage on Joan and North Lagoon Dr. Billboard sign on property will convey with sale of property. General Commercial C-3 zoning . See baycountyfl.gov chapter 6 for allowable uses. Property located in beaches special area treatment zone. Close proximity to tourist attractions, amusements, boat / jet ski rentals, Signal Hill golf course, Marinas, fine dining,bars, shopping, Navy Base, resorts, vacation rentals , fishing and ..charter boats,,boat storage and slip rentals. and the beautiful beaches of Thomas Drive ., Over 100 feet of waterfront on Grand Lagoon with scenic estuary and a small canal on the East boundary separating the lot from the residential area on North Lagoon Drive. .Good traffic flow year round with excellant exposure to heavy tourist traffic. Corner location at four way stop with traffic light. 370 +/- feet of frontage on Joan and North Lagoon Dr. 103+/- feet waterfront on Grand Lagoon. Small canal on East boundary,

8929 N Lagoon Drive, Panama City

Listing courtesy of Miracle Strip Realty.

2025 W 15th Street, Panama City
$1,200,000
795376 MLS
Investment opportunity at 2025 W 15th Street in Panama City! This established gas station and convenience store property is situated along the highly traveled W 15th Street commercial corridor and is being offered as a fully leased, income-producing commercial investment. The property is currently operated as a gas station and convenience store under a long-term commercial lease with an additional tenant renewal option. The lease structure places responsibility for applicable property taxes, insurance, assessments, and extensive repairs and maintenance on the tenant, including major building components. This provides an attractive opportunity for an investor seeking an established fuel and convenience store location, commercial frontage, long-term tenancy, and future appreciation potential. Buyer to independently verify all lease terms, environmental matters, zoning, property condition, and other information material to the purchase.

2025 W 15th Street, Panama City

Listing courtesy of Overstreet Realty.

2714 Dorothy Avenue, Panama City
$1,200,000
795138 MLS
3+ ACRE RESIDENTIAL DEVELOPMENT OPPORTUNITY WITH DUAL ROAD ACCESS! This property offers approximately 630' x 218' overall dimensions with access from both Dorothy Avenue and Anne Avenue, providing excellent accessibility and flexibility for future development. Zoned Residential-2 (R-2), the property allows for a variety of residential uses, including single-family homes, duplexes, and manufactured homes. With its size, overall rectangular layout, residential zoning, and access from two separate roads, this is a great opportunity for a builder, developer, or investor looking for their next project. The entire property is being offered together as one package, giving a future owner the opportunity to plan and develop the site with a unified vision. Bring your plans and explore the possibilities this property has to offer! Nine parcel IDs included in the sale: 27808-035-000 27808-030-000 27808-032-000 27813-000-000 27813-020-000 27810-043-000 30235-120-000 27813-010-000 27810-041-000. Buyer to verify acreage, dimensions, zoning, allowable uses and density, utilities, easements, and all development requirements.

2714 Dorothy Avenue, Panama City

Listing courtesy of Coastal Sun Realty LLC.

00 Country Club Drive, Panama City
$1,200,000
792851 MLS
Exceptional development opportunity in Sandy Creek Country Club. These five parcels comprise approximately 70 acres and offer substantial potential for a residential development or investment project. With ample acreage and an established subdivision setting, the property presents an opportunity to create additional homesites within an existing community. The parcels are being offered together and include Bay County parcel numbers 07400-892-000, 07400-898-000, 07400-895-000, 07399-000-000, and 07400-899-000. Buyer should independently verify acreage, zoning, land-use designations, utility availability, development requirements, environmental conditions, and intended use with the appropriate governing authorities.

00 Country Club Drive, Panama City

Listing courtesy of ERA Neubauer Real Estate Inc.

8120 S Lagoon Drive, Panama City
$1,200,000
5 Beds ⋅ 4 Baths ⋅ 789058 MLS
Experience the ultimate waterfront lifestyle with this fully remodeled coastal retreat on Grand Lagoon! Ideally positioned directly on the lagoon and just minutes from the Gulf, this exceptional property offers a rare combination of modern luxury, double boat slip deep-water access, and awesome short-term rental (STR) potential, all with no HOA restrictions. It could be perfect as a primary residence, a second home, or an income-producing investment. The seller just received a home inspection report, made updates, and is happy to share the results. This home is ready to SELL! Thoughtfully renovated from top to bottom, the residence features 5 bedrooms and 4 full bathrooms, including a spacious converted garage that serves as a private fifth bedroom with its own en-suite full bath. This flexible space can also function as a game or hobby room, making it ideal for maximizing rental occupancy and guest experience. The layout is well designed with two bedrooms on the first floor then the primary suite and two additional bedrooms on the second level. Upon entering, the bright, contemporary design showcases fresh paint, updated lighting, and stylish fixtures throughout. New flooring flows seamlessly across the home with no carpet, creating a clean and low-maintenance environment ideal for both full-time living and high-traffic use. The fully redesigned kitchen is a standout, featuring white cabinetry, sleek countertops, and brand-new appliances that offer both style and functionality. Two of the three upstairs bedrooms feature private balconies with water views. Plus the primary bath has a jacuzzi tub and separate shower. The home is in great shape and ready to be sold. The seller has also just replaced all 10 panes of glass in the sliders, so you get a crisp, clear view of the lagoon! Outdoors is resort-style living at its finest! The backyard is built for entertaining, complete with a gunite pool, relaxing spa, and multiple levels of newer Trex composite decking all with lagoon views. For the boating and water enthusiasts, this property is exceptionally well equipped with deep-water frontage and an incredible covered dock! One side features a 40' x 20' roof over a 24,000 lb boat lift that can accommodate approximately a 35' boat. The second dock includes a 16' x 24' roof over a 12,000 lb lift suited for up to 21'. Two jet ski float pads provide additional convenience and storage. This convenient location provides easy access to St. Andrews Bay, Shell Island, and the Gulf. Additionally, the home has already been connected to city sewer, which is both expensive and rare in the lagoon area. Situated on a quiet stretch of South Lagoon Drive and only a few blocks from the area's renowned beaches, Rick Seltzer Park, and multiple dining options, this property is ideally positioned to capitalize on Panama City Beach's strong vacation rental demand. Whether utilized as a primary residence, second home, or income-producing investment, this turnkey waterfront property delivers exceptional versatility and value. Schedule your showing today. A walk-through video is available

8120 S Lagoon Drive, Panama City

Listing courtesy of Coldwell Banker Realty.

4804 Hispaniola Street, Panama City
$1,200,000
3 Beds ⋅ 4 Baths ⋅ 787910 MLS
Beautiful Palm Beach-style 3-story cottage located just yards from the sugar-white sand beaches and the sparkling Gulf of Mexico! This stunning fully furnished 3-bedroom, 3.5-bath home offers the perfect blend of coastal charm and modern comfort. Features include granite countertops, stainless steel appliances, a cozy gas fireplace, and a mix of hardwood and carpet flooring throughout. Enjoy Gulf views from the spacious deck, or relax in your private in-ground swimming pool--perfect for cooling off on warm summer days. No HOA fees and short term rentals are allowed. Just one block away to the World's Most Beautiful Beaches and beach access. This home has been thoughtfully upgraded with newer appliances (all with warranties), two newer A/C units, a custom Connell built-in bookcase and cabinetry, plantation shutters, and a newly updated pool. The kitchen also features a convenient knife storage drop-down. Additional highlights include an electric Sunesta automatic retractable awning with remote control, LED lighting, Sunbrella fabric, warranty coverage, and an automatic wind/turbulence retraction sensor. The first floor is wheelchair accessible and the home is equipped with a security system with video monitoring. The primary bath includes a new glass shower enclosure. Don't miss this incredible beachside retreat--this one won't last long!

4804 Hispaniola Street, Panama City

Listing courtesy of Counts Real Estate Group Inc.

10999 Front Beach Road Unit 6, Panama City
$1,199,999
3 Beds ⋅ 3 Baths ⋅ 795051 MLS
Experience true Gulf-front living with this rare 3-bedroom, 2.5-bath beachfront townhome with Hall bunks located directly on the sand in the heart of Panama City Beach and with NO HOA. Forget elevators, parking garages, and hauling beach gear across a resort. Here, you can simply step off your private back deck and onto the sugar-white sand of the Gulf of Mexico. This property has been used as a second home and has been exceptionally well cared for, offering buyers a move-in-ready coastal retreat with the added potential to become an amazing short-term rental investment. The spacious three-bedroom layout provides plenty of room for family, guests, or vacationers. Enjoy morning coffee with the sound of the waves, spend your afternoons soaking up the Florida sunshine, end the day with sunset walks along the beach or a glass of wine and hot tub time just steps from your door. Centrally located along Front Beach Road, you are convenient to some of Panama City Beach's favorite restaurants, shopping, entertainment, and attractions while still enjoying the privacy and character of a true beachfront home. Whether you are looking for a second home, full-time beach residence, or a property with strong vacation-rental appeal, this one checks some very hard-to-find boxes. Direct Gulf frontage, private beach access, three bedrooms, NO HOA, and the opportunity to create an incredible PCB short-term rental.

10999 Front Beach Road Unit 6, Panama City

Listing courtesy of Dalton Wade Inc.

2309 Frankford Avenue, Panama City
$1,199,000
786458 MLS
2ea Office Buildings Furnished . $1,199,000 3,555 Total Sq.Ft. Seller Financing 5% DOWN & NET monthly mortgage payment $4399 Building#1 2309 Frankford Ave Panama City FL 32405 Brick Office Building built 1999, 1871sq.ft. Currently 5-yr Lease Income: $3500.00 monthly ($42,000.00yr) Leased to Pyne Law Firm Building #2 2104 W 23rd St. Panama City FL 32405 1684sq.ft. Brick Building, 5 offices, lobby, kitchen/break room, Men's & Women's bathrooms, Copier Room, Stock Room & Storage room, COVERED parking, rear entrance to lockable rear office, ideal for a Professional practice. Paved Parking Lot with ample parking on 15,246 Sq Ft Lot, High Traffic Count corner location at lighted intersection on main street thoroughfare. 2ea Street Signs permitted & installed. Also includes $5,000.00 Annual income for Digital Billboard on edge of property. MLS#786458 - 2309 Frankford Ave, Panama City, FL 32405 $1,199,000 ($337/SF) Owner Financing-5% down, 30yr Mortgage 7.95% APR NET monthly mortgage payment is $4399.mo (30-yr Mortgage Payment is $8318.mo offset by -$3500.mo Lease Income and -$416.mo Digital Billboard income) EXPENSES: FPL Florida Power & Light base charge only $39 monthly. Includes 11.5 KW Solar Panel Photovoltaic System reducing electrical costs to $39 monthly. Property Tax 2026 $421mo ($5056.yr) BOP Business Owners Policy $827.mo ($9,924.yr) Wifi/Internet $170.mo (included paid for the first year)

2309 Frankford Avenue, Panama City

Listing courtesy of Savvy Avenue LLC.

4018 W Princess Lane, Panama City
$1,195,000
2 Beds ⋅ 2 Baths ⋅ 788037 MLS
There is Waterfront and then there is WATERFRONT. Welcome to 4018 PRINCESS LANE. End of the road privacy with over a half-acre lot with over 260' of Western wrap around never-ending beautiful sunsets and marine wildlife. Within 30' of the shorelines is everything from Dolphins, Manatees, Eagles, Ospreys and many other bird species. Being the end corner lot allows for one side of no adjoining neighbors. This beautiful but modest home sits in the middle of over half acre lot leaving a lot of space all around the property. The home sits on two lots and could eventually be divided if you choose. There is over 1,700 sq ft of waterfront views from every room. The home is a 2-bedroom 2 bath home with an additional home office with a waterfront view, too. This 10X10 room could be converted into a third bedroom if necessary. There is a beautiful Sunroom with new hurricane windows to sit and enjoy the bay. The improvements recently completed to the home are: New hurricane proof windows at a cost of $50,000.00, A 25-Kilowatt generator that will run the entire home for 2 to 3 weeks without power $12,000.00, An entire new rip rap wall seawall for additional storm protection $25,000.00, All new spray foamed insulation through entire home $7,500.00, An outdoor 30' x 40' partially covered entertainment concreted area with room to lounge and enjoy the outdoors and soaking up the sun. To include an outdoor kitchen and TV living room covered area- $20,000.00, the new dock was constructed in 2020, $15,000.00. The dock will handle up to a 25' to a 28'' boat easily in the summer. as the winter tides get shallow the depth drops. Dock could be extended if needed. There is DIRECT GULF ACCESS from the back yard. Privacy fence blocking the neighboring yard. The home is ready to move in! Waterproof laminate flooring throughout the entire home. Widened driveway allowing for 4 car parking in the driveway plus adjoining gravel drive for 2+ additional cars. New 10'x16' storage building and an additional drive all the way into the back yard with a private area down to the water which has full hookup for an RV for your guest's privacy when they come to stay longer than you really choose for them to. Short term rentals are available in this area which would make for a great rental investment property and still allow all the private use you would care to enjoy. The home could easily sleep 8 to 10 people. A small separate 12' x12' upper deck was built to enjoy the view over the small bayou area beside the home which has plenty of storage underneath for beach chairs, outdoor games, etc... Please pardon the YARD as we are currently working on beautifying it. Allow a 24-hour notice for appointments as the home is occupied however we may be able to accommodate on short notice. The owners are Licensed Realtors.

4018 W Princess Lane, Panama City

Listing courtesy of Counts Real Estate Group Inc.

3533 W Highway 98, Panama City
$1,174,999
795696 MLS
Rare opportunity to acquire a 14-unit multifamily property positioned directly along W Hwy 98 in Panama City, offering an established income producing asset in a highly visible and strategically located corridor. With approximately 42,250 vehicles traveling this segment of W Hwy 98 daily, and updates from 2021 including new electrical, sewer and water lines, windows, doors, drywall, trusses and roof, the property benefits from exceptional exposure and convenient connectivity throughout Panama City and the surrounding Bay County market. Located in the historic St. Andrews area, this property places residents within easy reach of everyday necessities, restaurants, shopping, employment centers, schools, recreation and major transportation routes. The surrounding area provides convenient access to the Port of Panama City, Gulf Coast State College, Florida State University-Panama City, downtown Panama City, the Hathaway Bridge and the beaches of Panama City Beach. For residents, the location offers the convenience of being close to work, education, dining and entertainment, while investors benefit from the property's established multifamily use and proximity to major demand drivers throughout the Panama City market. Lucille Moore Elementary School is approximately 0.2 miles away, with Jinks Middle School approximately 2.5 miles and Bay High School approximately 2.9 miles from the property. The property's history as a multifamily asset dates back to its construction in approximately 1970, reflecting its historic operation as Bay Villa Apartments. Whether you're looking to add an established multifamily asset to your portfolio, or capitalize on the continued demand for housing in the Panama City/St. Andrews area, 3533 W Hwy 98 presents a unique opportunity to own a sizable multifamily property along one of the area's most traveled corridors. Buyer to independently verify all measurements, zoning, permitted uses, unit configuration, financials, traffic counts, and other property information deemed important to buyer. All financial information is approximate, provided by owner.

3533 W Highway 98, Panama City

Listing courtesy of CENTURY 21 Commander Realty.

2135 E 3rd St, Panama City
$1,150,000
1011123 MLS
388' OF PRIME HWY 98 FRONTAGE • 1.26 ACRE CORNER LOT • FLEXIBLE MIXED-USE ZONING - Position your business on one of Panama City's most visible commercial corridors! Located directly on Business Hwy 98 (E 5th Street) with an AADT of 19,300 vehicles, this 1.26-acre corner property offers an impressive 388' feet of prime highway frontage, providing exceptional visibility, accessibility, and marketing exposure. The fully fenced in property allows two convenient access points for ingress and egress, making the property ideal for customer access, deliveries, and operational logistics. Zoned as Neighborhood Downtown (ND), this flexible mixed-use zoning designation allows for a broad range of potential commercial, residential, and mixed-use development opportunities (more information in document section). The property features roughly 6,200 square feet of total building space, including the main operational building with a reception area, two offices, three bathrooms, and a spacious 52'5'' x 32' open sewing and multi-purpose workspace. The building also includes a 43' x 44' receiving and logistics area, currently unfinished but fully equipped with its own HVAC system and two roll-up doors, offering flexible space for storage, production, or distribution operations. In addition, the property includes a separate 1,500-square-foot heated and cooled welding workshop, also equipped with roll-up doors, providing a functional workspace suitable for fabrication and mechanical uses. Read More *Newer HVACs on site and a 2019 metal roof. Located within the Millville Downtown District and just minutes from the revitalized Downtown Panama City waterfront, the property lies within a Community Redevelopment Agency district (CRA), providing potiental incentives and grant programs that may support property improvements or redevelopment. The established business currently operating on the property, is also available for purchase in conjunction with the property; however, the business valuation is separate from the advertised real estate price. Bob's Top Shop is a well-established custom awning and canvas fabrication business with deep roots in Panama City, known for producing high-quality commercial and residential awnings, marine canvas, and specialty products throughout NW Florida. With decades of brand recognition, repeat clientele, and strong community relationships, this presents a rare opportunity for an owner-operator, contractor, or investor seeking a respected local brand with continued growth potential. Whether you're interested in acquiring the property as a ready-to-go operation or exploring the many development possibilities for your own business, this highly visible and strategically positioned site offers endless opportunities. Don't wait, schedule your showing today! Parcels 22284-000-000 & 22704-000-000 being sold together. Buyer to verify all measurements.

2135 E 3rd St, Panama City

Listing courtesy of Compass.

2135 E 5th Street, Panama City
$1,150,000
786953 MLS
388' OF PRIME HWY 98 FRONTAGE • 1.26 ACRE CORNER LOT • FLEXIBLE MIXED-USE ZONING - Position your business on one of Panama City's most visible commercial corridors! Located directly on Business Hwy 98 (E 5th Street) with an AADT of 19,300 vehicles, this 1.26-acre corner property offers an impressive 388' feet of prime highway frontage, providing exceptional visibility, accessibility, and marketing exposure. The fully fenced in property allows two convenient access points for ingress and egress, making the property ideal for customer access, deliveries, and operational logistics. Zoned as Neighborhood Downtown (ND), this flexible mixed-use zoning designation allows for a broad range of potential commercial, residential, and mixed-use development opportunities (more information in document section). The property features roughly 6,200 square feet of total building space, including the main operational building with a reception area, two offices, three bathrooms, and a spacious 52'5'' x 32' open sewing and multi-purpose workspace. The building also includes a 43' x 44' receiving and logistics area, currently unfinished but fully equipped with its own HVAC system and two roll-up doors, offering flexible space for storage, production, or distribution operations. In addition, the property includes a separate 1,500-square-foot heated and cooled welding workshop, also equipped with roll-up doors, providing a functional workspace suitable for fabrication and mechanical uses. *Newer HVACs on site and a 2019 metal roof. Located within the Millville Downtown District and just minutes from the revitalized Downtown Panama City waterfront, the property lies within a Community Redevelopment Agency district (CRA), providing potiental incentives and grant programs that may support property improvements or redevelopment. The established business currently operating on the property, is also available for purchase in conjunction with the property; however, the business valuation is separate from the advertised real estate price. Bob's Top Shop is a well-established custom awning and canvas fabrication business with deep roots in Panama City, known for producing high-quality commercial and residential awnings, marine canvas, and specialty products throughout NW Florida. With decades of brand recognition, repeat clientele, and strong community relationships, this presents a rare opportunity for an owner-operator, contractor, or investor seeking a respected local brand with continued growth potential. Whether you're interested in acquiring the property as a ready-to-go operation or exploring the many development possibilities for your own business, this highly visible and strategically positioned site offers endless opportunities. Don't wait, schedule your showing today! Parcels 22284-000-000 & 22704-000-000 being sold together. Buyer to verify all measurements.

2135 E 5th Street, Panama City

Listing courtesy of Compass Florida, LLC.

109 Dragon Circle, Panama City
$1,149,000
5 Beds ⋅ 5 Baths ⋅ 795021 MLS
Experience elevated golf course living at 109 Dragon Circle, ideally positioned along the 8th green and 9th tee box of the prestigious Nicklaus Golf Course in Dragon's Ridge, the newer gated section of Bay Point in Panama City Beach. This beautifully updated residence blends refined finishes, generous living spaces, and resort-style outdoor living in one exceptional setting. Inside, an impressive, oversized kitchen island anchors the open entertaining space, complemented by updated bathrooms, flooring, and fresh interior and exterior paint. Spacious rooms and thoughtfully designed gathering areas create an effortless flow for both everyday living and entertaining. Outdoors, a private pool and hot tub overlooking the golf course create a true backyard retreat. The recently resurfaced pool, expansive outdoor space, three-car garage, oversized driveway, and park directly across the street further enhance the home's appeal. Bay Point offers a lifestyle unlike any other, with the Nicklaus Golf Course, Point South Marina, Gulf access, community boat launch, dining, playgrounds, and more just moments away. Whether enjoying an afternoon on the course, boating the Gulf, or relaxing poolside, 109 Dragon Circle delivers luxury coastal living in one of Panama City Beach's most desirable gated communities.

109 Dragon Circle, Panama City

Listing courtesy of 1 Percent Lists Florida Coast.

5717 Thomas Drive Unit A164, Panama City
$1,125,000
3 Beds ⋅ 3 Baths ⋅ 797046 MLS
EXTREMELY RARE BEACHFRONT OPPORTUNITY AT LARGO MAR! Opportunities like this don't come around often! Welcome to Largo Mar, a gated, low-rise beachfront community where the beach is quite literally your front yard. This stunning 3-bedroom, 2.5-bathroom, three-story condo offers over 1,800 square feet of beautifully remodeled living space and a beachfront experience that's hard to find. With only 20 units of this kind in the entire complex, and this being the ONLY one currently offered for sale, this is truly a rare opportunity to own something special. Step right outside your front door and onto the sugar-white sands of Panama City Beach. No elevators, no long walks, and no streets to cross--just the beautiful beach right outside your door! Unlike many beachfront condos, this property has NEVER been used as a rental and has been exceptionally well maintained. Completely remodeled from top to bottom, every detail has been thoughtfully updated, making this a truly turnkey coastal retreat. Even better, the condo is being sold fully furnished, including the washer and dryer, so all that's left to do is enjoy! Largo Mar offers fantastic amenities, including a community pool, hot tub, picnic areas, and outdoor grills, all within a gated beachfront setting. Whether you're searching for a personal beach getaway, a second home, or an investment opportunity, this one checks all the boxes. Rare floor plan, extensive renovations, and the beach literally at your doorstep--this is beachfront living at its finest!

5717 Thomas Drive Unit A164, Panama City

Listing courtesy of Legacy Premier Agency.

7505 Thomas Drive Unit 222B, Panama City
$1,100,000
2 Beds ⋅ 2 Baths ⋅ 796995 MLS
Welcome to En Soleil Resort, the pinnacle of luxury on Panama City Beach's stunning coastline. Unit 222W, located on the second floor of the west tower, provides breathtaking views of the resort's lagoon-style pool and unforgettable sunsets over the Gulf. This opulent 2-bedroom, 2-bath condo boasts a true dual master split floorplan, connected by a spacious balcony, offering unmatched privacy—widely considered one of the finest layouts on the beach. Elegantly designed with high-end furnishings, the condo features a fully equipped kitchen with stainless steel appliances, a wine cooler, and modern touches like central lighting, a Nest thermostat, and a full-size laundry area. Both master suites showcase Gulf views through brand new, impact-glass windows, king-size beds, private en-suite bathrooms, and direct access to the expansive balcony—perfect for outdoor dining and grilling in style. Unit 222W is further enhanced by premium perks, including the coveted #1 parking spot and an outdoor storage closet that can be leased for additional income. With fewer rental units available at En Soleil, this condo enjoys a strong rental revenue history, making it an outstanding investment opportunity. Guests can enjoy optional beach service (March-October) and the resort's unbeatable location, with easy access to world-class dining, shopping, golf, and more. Discover the ideal combination of luxury, privacy, and investment potential at En Soleil 222W.

7505 Thomas Drive Unit 222B, Panama City

Listing courtesy of Avenue Realty.

436 Harrison Ave Unit 400, Panama City
$1,100,000
1010121 MLS
The rooftop of the Mashburn Building is available to purchase. Welcome to one of the most structurally impressive buildings in all of Bay County. The Mashburn Building was constructed entirely of poured concrete from foundation to roof, engineered with the strength and durability of a parking garage. In recent years, hundreds of thousands of dollars in additional steel reinforcement have been added to the structure, making it one of the strongest private buildings in the county. Now, the rooftop is ready for your big idea. The rooftop spans +/-6,000 square feet and includes two staircases and one elevator for easy access. The structure is strong enough to support multiple stories, allowing for additional concepts such as residential condos above a restaurant or bar. Preliminary concept plans have been developed for a rooftop restaurant and bar, and these are available for your use at no cost. They are designed to help you visualize the possibilities, though a licensed architect and structural engineer will need to finalize the plans to suit your concept. From this vantage point, you can take in one of the best views in the entire Florida Panhandle, a sweeping panorama that stretches from the Hathaway Bridge and Saint Andrews across downtown all the way to Thomas Drive, Front Beach Road, Tyndall Air Force Base, and Callaway. On a clear day, you can even see Tommy Oliver Stadium and Twenty Third Street. Photos simply cannot capture what it feels like to stand here in person. All major utilities required to operate a restaurant, bar, or additional residential units are already stubbed to the roof and ready for connection. There are no stormwater requirements, and no parking requirements are needed for this project. You can use the shared parking that downtown offers for you and your customers. A restaurant or bar here would be the crown jewel of our area. If executed with creativity and vision, this space could easily be featured in magazines across the southeast. This is your opportunity to create something iconic, an elevated destination that will redefine downtown Panama City's skyline and nightlife. The first floor commercial space will become -'Dat Cajun Pearl - Cafe' & Bar', an upscale New Orleans inspired restaurant brought by the owners of Dat Cajun Place.

436 Harrison Ave Unit 400, Panama City

Listing courtesy of Counts Real Estate Group Inc.

436 Harrison Avenue Unit 400, Panama City
$1,100,000
794261 MLS
The rooftop of the Mashburn Building is available to purchase. Welcome to one of the most structurally impressive buildings in all of Bay County. The Mashburn Building was constructed entirely of poured concrete from foundation to roof, engineered with the strength and durability of a parking garage. In recent years, hundreds of thousands of dollars in additional steel reinforcement have been added to the structure, making it one of the strongest private buildings in the county. Now, the rooftop is ready for your big idea. The rooftop spans +/-6,000 square feet and includes two staircases and one elevator for easy access. The structure is strong enough to support multiple stories, allowing for additional concepts such as residential condos above a restaurant or bar. Preliminary concept plans have been developed for a rooftop restaurant and bar, and these are available for your use at no cost. They are designed to help you visualize the possibilities, though a licensed architect and structural engineer will need to finalize the plans to suit your concept. From this vantage point, you can take in one of the best views in the entire Florida Panhandle, a sweeping panorama that stretches from the Hathaway Bridge and Saint Andrews across downtown all the way to Thomas Drive, Front Beach Road, Tyndall Air Force Base, and Callaway. On a clear day, you can even see Tommy Oliver Stadium and Twenty Third Street. Photos simply cannot capture what it feels like to stand here in person. All major utilities required to operate a restaurant, bar, or additional residential units are already stubbed to the roof and ready for connection. There are no stormwater requirements, and no parking requirements are needed for this project. You can use the shared parking that downtown offers for you and your customers. A restaurant or bar here would be the crown jewel of our area. If executed with creativity and vision, this space could easily be featured in magazines across the southeast. This is your opportunity to create something iconic, an elevated destination that will redefine downtown Panama City's skyline and nightlife. The first floor commercial space will become -'Dat Cajun Pearl - Cafe' & Bar', an upscale New Orleans inspired restaurant brought by the owners of Dat Cajun Place.

436 Harrison Avenue Unit 400, Panama City

Listing courtesy of Counts Real Estate Group Inc.

2901 W 17th Street, Panama City
$1,100,000
788783 MLS
High-Impact Commercial Opportunity | 9,000+ Sq Ft | St. Andrews Area - Panama City, FL Position your business for success with this rare, high-visibility commercial property in one of Panama City's most desirable and fast-growing areas. Offering over 9,000 square feet of heated and cooled space across three buildings, this property delivers the scale, flexibility, and location serious operators are looking for. Designed to support productivity and growth, the layout includes multiple private offices, conference rooms, and adaptable workspace, making it ideal for professional services, contractors, corporate headquarters, or expanding operations. What truly sets this property apart: Three-building configuration - operate multiple divisions or generate rental income Abundant on-site parking - accommodate staff, clients, and fleet vehicles with ease Detached outbuilding - perfect for storage, workshop, or support operations Gated storage yard - secure space for equipment, materials, or vehicles Turnkey functionality with room to scale Located just minutes from the heart of St. Andrews, this property puts you near established businesses, marinas, parks, and upscale dining--enhancing both client experience and employee satisfaction. Even better, Panama City Beach is less than 7 miles away, adding long-term value and appeal in a thriving coastal market. Opportunities like this are limited--secure a strategic commercial footprint in a high-demand area and take your business or investment portfolio to the next level.

2901 W 17th Street, Panama City

Listing courtesy of Keller Williams Success Realty.

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