Panama City Beach, FL Commercial Real Estate for Lease and Sale

Explore 31 listings of Panama City Beach commercial real estate to find the best space for your business.

22606 Panama City Beach Parkway

22606 Panama City Beach Parkway, Laguna Beach, Panama City Beach, FL
Property

Office

5,144 SF
Availability

1 Space

2,320 SF
Year Built

2005
For Lease

$32.00/SF/YR
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Panama City Beach Development Site

Corner of Hutchison Blvd. & Alf Coleman Rd., Edgewater Gulf Beach, Panama City Beach, FL
Property

VacantLand
For Sale

$2,250,000
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Emerald Coast Professional Center

5 Miracle Strip Loop, Long Beach Resort, Panama City Beach, FL
Property

Office

14,400 SF
Availability

1 Space

1,000 SF
Year Built

1986
For Lease

$22.00/SF/YR
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Town of Seahaven

15191 Front Beach Road, Open Sands, Panama City Beach, FL
Property

VacantLand
For Sale

Call For Pricing
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Office Retail Industrial

Office Retail Industrial Land
23006 Front Beach Rd

23006 Front Beach Rd, Laguna Beach, Panama City Beach, FL
Property

VacantLand
For Sale

$1,840,000
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Beach Commerce Park 3,480 SF Office with Warehouse

17704 Ashley DR, Gulf Highlands, Panama City Beach, FL
Property

Industrial

19,200 SF
Availability

1 Space

3,480 SF
Year Built

2019
For Lease

$14.00 - $16.00/SF/YR
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7811 Panama City Beach Parkway

7811 Panama City Beach Parkway, Upper Grand Lagoon, Panama City Beach, FL
Property

Retail

6,000 SF
Year Built

1993
For Sale

$1,995,000
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67,415 +/- SF | 8 + Acres | Panama City Beach

200 Richard Jackson Blvd., Edgewater Gulf Beach, Panama City Beach, FL
Property

Office

67,414 SF
Availability

3 Spaces

106,606 SF
Year Built

2001
For Lease

$16.00 - $17.00/SF/YR
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11905 Panama City Beach Pkwy

11905 Panama City Beach Pkwy, Edgewater Gulf Beach, Panama City Beach, FL
Property

Office

7,000 SF
Availability

1 Space

7,000 SF
For Lease

$20.00/SF/YR
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Hutchison Bvd Retail

11049 Hutchison Blvd, Long Beach Resort, Panama City Beach, FL
Property

Retail

3,100 SF
Year Built

2024
For Sale

$3,500,000
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Panama City Grocery Anchored Development Site

ALF Coleman & US Hwy 98, Edgewater Gulf Beach, Panama City Beach, FL
Property

VacantLand
Availability

1 Space

152,460 SF
For Lease

$32.00/SF/MO
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Investment Heartland Dental Office For Sale

10510 Hutchison Blvd, Long Beach Resort, Panama City Beach, FL
Property

Office

2,627 SF
Year Built

1981
For Sale

$759,000
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12400 Front Beach Road

12400 Front Beach Road, Gulf Resort Beach, Panama City Beach, FL
Property

Office

5,010 SF
Availability

1 Space

5,010 SF
For Lease

$6,800.00/MO
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10,564 +/- sf Flex Office/Warehouse w/Fenced Yard | Beach Commerce Park

17749 Ashley Dr, Gulf Highlands, Panama City Beach, FL
Property

Industrial

10,323 SF
Availability

1 Space

10,564 SF
Year Built

2006
For Lease

$16.00/SF/YR
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SEC OF Panama City Beach Pkwy & N Glades Trail

SEC OF Panama City Beach Pkwy & N Glades Trail, Long Beach Resort, Panama City Beach, FL
Property

VacantLand
Availability

1 Space

87,120 SF
For Lease Contact for pricing
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67,415 +/- SF | 8 + Acres | Panama City Beach

200 Richard Jackson Blvd., Edgewater Gulf Beach, Panama City Beach, FL
Property

Office

67,414 SF
Year Built

2001
For Sale

$10,250,000
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9200 Panama City Beach Pkwy

9200 Panama City Beach Pkwy, Little Johnson, Panama City Beach, FL
Property

Industrial

10,206 SF
Availability

1 Space

10,206 SF
Year Built

1996
For Lease

$14.00/SF/YR
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Pier Park North

15700 Panama City Beach Parkway, Open Sands, Panama City Beach, FL
Property

Retail

324,000 SF
Availability

1 Space

3,489 SF
For Lease Contact for pricing
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Freestanding Retail Building - Panama City Beach Parkway

11770 Panama City Beach Pkwy, Edgewater Gulf Beach, Panama City Beach, FL
Property

Retail

4,074 SF
Availability

1 Space

4,074 SF
Year Built

2009
For Lease

$30.00/SF/YR
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12905 Panama City Beach Pkwy

12905 Panama City Beach Pkwy, Reflections, Panama City Beach, FL
Property

Office

5,400 SF
Availability

1 Space

2,500 SF
For Lease

$22.00/SF/YR
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Riviera Pointe Professional Building

14101 Panama City Beach Pkwy, Open Sands, Panama City Beach, FL
Property

Office

32,053 SF
Availability

2 Spaces

4,100 SF
Year Built

2008
For Lease

$21.00/SF/YR
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A+ Storage - Panama City Beach

11222 Hutchison Blvd, Edgewater Gulf Beach, Panama City Beach, FL
Property

Industrial

58,768 SF
For Sale Contact for pricing
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West PCB Holdings

21929 Panama City Beach Parkway, Laguna Beach, Panama City Beach, FL
Property

Retail

10,224 SF
Availability

1 Space

5,700 SF
Year Built

2019
For Lease

$18.00/SF/YR
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Outpatient Medical Facility For Lease

10800 Panama City Beach Parkway, Long Beach Resort, Panama City Beach, FL
Property

Office

2,493 SF
Availability

1 Space

2,493 SF
Year Built

2012
For Lease Contact for pricing
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Magnolia Plaza

2419 Thomas Drive, Upper Grand Lagoon, Panama City, FL
Property

Retail

98,940 SF
Availability

2 Spaces

3,960 SF
Year Built

1994
For Lease Contact for pricing
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Ocean Park Pavilion

23026 Panama City Beach Parkway, Laguna Beach, Panama City Beach, FL
Property

Retail

51,347 SF
Availability

1 Space

1,400 SF
For Lease

$20.00/SF/YR
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Diligent Coworking and Hybrid Office

14101 Panama City Beach Pkwy, Open Sands, Panama City Beach, FL
Property

Office

32,053 SF
Availability Contact for availability
Year Built

2006
For Lease Contact for pricing
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For Sale: 1.35-Acre Development Site in Panama City Beach

6422-6430 Thomas Dr, Lower Grand Lagoon, Panama City, FL
Property

Other
For Sale Contact for pricing
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11130 Panama City Beach Pkwy

11130 Panama City Beach Pkwy, Long Beach Resort, Panama City Beach, FL
Property

Retail

3,600 SF
Year Built

2022
For Sale

$2,995,000
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Jones Boys Warehouse #1

17762 Ashley Drive, Gulf Highlands, Panama City Beach, FL
Property

Industrial

15,750 SF
Availability

1 Space

15,750 SF
Year Built

2006
For Lease

$12.00/SF/YR
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11905 Panama City Beach Pkwy

11905 Panama City Beach Pkwy, Edgewater Gulf Beach, Panama City Beach, FL
Property

VacantLand
Availability

1 Space

78,408 SF
For Lease Contact for pricing
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Panama City Beach commercial real estate market incorporates 208,955 square feet of office space across 11 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Panama City Beach commercial real estate market includes 501,285 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Panama City Beach market, there is a total of 55,479 square feet of industrial property.

The listing inventory in Panama City Beach incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Panama City Beach is represented by Office space, which accounts for 131,029 square feet of available listings. Industrial space available in Panama City Beach adds up to 40,000 square feet.

Meanwhile, most of the listings of commercial property for sale in Panama City Beach are in the Retail category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Panama City Beach is $19.31 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Panama City Beach can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Panama City Beach, depending on the property type you are interested in. The highest concentration of commercial space listings of any kind in Panama City Beach is in the Edgewater Gulf Beach neighborhood. But if we look at each commercial property type, we find that for office space, the best location is the Edgewater Gulf Beach area.

Meanwhile, retail space opportunities are most abundant in the Open Sands submarket. Alternatively, if you are looking for warehouse or other industrial space, consider looking at listings in Gulf Highlands.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $32 per square foot. In particular, the property type commanding the highest lease rates in Panama City Beach was Office space.

The average size of a commercial property in Panama City Beach depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Panama City Beach, the average size of an office property is 20,896 square feet.
Retail properties here incorporate an average of 62,661 square feet.
Industrial space in Panama City Beach is in buildings that are, on average 13,870 square feet in size.

Panama City Beach, FL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Panama City Beach currently add up to 507,640 square feet. The market offers 9 active office listing(s), which amount to 131,029 square feet and account for 42% of commercial spaces on the market. Local retail availability includes 18,623 square feet across 5 retail space(s). Industrial space for rent opportunities in Panama City Beach amount to 40,000 square feet across a total of 4 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	9	131,029
Retail	5	18,623
Industrial	4	40,000
Other	3	317,988

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Panama City Beach, FL. Currently, there is 141,509 square feet of commercial property for sale here , which includes 2 office building(s) for sale , 3 retail investment opportunity listing(s) , and 1 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	2	70,041
Retail	3	12,700
Industrial	1	58,768

Panama City Beach, FL Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Panama City Beach, FL?

What factors affect the price of commercial real estate in Panama City Beach, FL?

What is the average rent for commercial space in Panama City Beach, FL?

What are the best areas for commercial real estate in Panama City Beach, FL?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Panama City Beach, FL?

Panama City Beach, FL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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