Commercial

Welcome to Panama City Commercial Properties. We are proud to bring you the most up-to-date information on commercial listings in Panama City Beach. Our omniscient team of professional associates created an easy-to-use system for searching commercial properties in northwest Florida. Here you’ll find commercial leases, foreclosed and bank-owned properties, as well as commercial listings in all of the most popular categories including, but not limited to: Multi-Family Properties, Offices For Sale, Offices For Lease, Industrial Properties, Retail Properties, Shopping Centers, Commercial Land, Agricultural Land, Hotel/Motel Properties, Sports/Entertainment Properties, Residential Income Properties, Condominiums, and Distressed Commercial Properties.

Panama City Beach encompasses a mixed bag of commercial real estate. The major segment of commercial property in Panama City Beach includes hotels, motels, shopping centers, amusement parks, restaurants and office buildings. Front Beach Road is concentrated with hotels, motels, shops and restaurants on both sides of the street. East of Richard Jackson Blvd on Front Beach Road you will find a mix of motels, mini-golf courses, restaurants, furniture stores, convenience stores, service stations, hardware store, banks, restaurants, apartment buildings, multi-family and car washes. On Thomas Drive west of St. Andrews State there are shopping centers, strip malls, individual shops and restaurants catering primarily to the condominium dwellers and local residents of the area. The commercial area at the intersection of Thomas Drive and North Lagoon consist of commercial fishing piers, restaurants, motels, convenience stores and office buildings.

Multi-family in Panama City Beach can be found in many several parts of the beach. Most of the residential multi-family homes are found in the Thomas Drive area. While large multi-family projects tend to concentrate more towards the center of Panama City Beach. Multifamily in Panama City Beach has become a major sector of commercial real estate.

Another way to invest in Panama City Beach is to buy a beach front condo. Since the real estate boom starting in 2000 to today, developers have over built this area. A large number of the old hotels on Front Beach Road have been torn down and replace with high-rise condos. More than 2044 hotel and motel rooms have been turned into 7657 waterfront condominium units. The oversupply of condos on the beach has driven prices down. At the peak of our market you couldn’t buy a condo in Panama City Beach for less that $425 a square foot. Now the same condos are selling for $200 a square foot. There has never been a better time in history to buy a condo in Panama City Beach.