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$650,000
761325 MLS
Prime Commercial Corner Site at the busiest intersection on the east side of Panama City, located on the southwest corner of Highway 22 & Tyndall Parkway (Highway 98). The site is zoned Commercial in the City of Callaway with great visibility, easy access & public utilities. High Traffic counts on Hwy 22 (8,800 vehicles per day - 2023 FDOT) & Tyndall Parkway (35,500 vehicles per day - 2023 FDOT). The site is located less than 1 mile south of the Callaway SuperWalmart, and in close proximity to Bay County's 3 largest employers, Tyndall Air Force Base, and Eastern Shipbuilding. Building was demolished and cleared after Hurricane Michael, slab was left in place. Site is in a FDEP Petroleum clean-up program, information is on file.

5512 E Highway 22, Panama City

$825,000
778321 MLS
A once-in-a-lifetime waterfront opportunity awaits in the highly coveted Cove neighborhood of Panama City! This 0.8 acre double-lot with 70 ft of deep access waterfront adjacent to the St. Andrew's Bay Yacht Club offers the perfect canvas to build your dream home or make a savvy investment with no HOA restrictions. Enjoy unparalleled panoramic southwesterly views across St. Andrew's Bay, with direct access to the pass and the Gulf of Mexico. A federal preserve in the distance across the bay gives you an uncluttered view of nature. Step right from your backyard into a lifestyle filled with fishing, boating, kayaking, and soaking in the purest of sunset bay views. The Cove is known for its quaint charm, golf-cart friendly streets, and year-round community activities. Just minutes from downtown Panama City, you'll find a vibrant mix of medical facilities, professional offices, boutique shopping, fine dining, and cultural events. Waterfront parcels in The Cove rarely become available—especially ones of this size and location. Don't miss your chance to create your coastal masterpiece in one of the most desirable neighborhoods on Florida's Gulf Coast. The lots are build-ready. Lot 304 is smaller and has utility connections nearer the street. Lot 306 is larger and has its connection nearer the center of the lot.

306 Bunkers Cove Road, Panama City

$4,900,000
772654 MLS
Exceptional opportunity to acquire 2.57± acres of prime commercial waterfront property, strategically located in Panama City. Zoned General Commercial, this site supports a broad array of development opportunities such as retail centers, professional office complexes, service businesses, wholesale sales, shopping plazas, and more. The zoning is designed to accommodate intensive commercial activity, making it ideal for developers or investors seeking a high-potential waterfront site in a growing market. Boasting a 2024 FDOT Average Daily Traffic Count of 41,500, this high-visibility site offers unparalleled access and exposure for a wide range of commercial ventures. Situated close to major regional landmarks including Hathaway Bridge, the Port of Panama City, Gulf Coast State College, and Florida State University's Panama City campus, this property sits at the crossroads of commerce, education, and infrastructure. Don't miss this rare opportunity to develop a high-impact commercial property in one of Panama City's most accessible and dynamic locations.

XXX W Highway 98, Panama City

$679,000
775439 MLS
**Now Offering Seller Financing, See Agent Remarks for Terms** Rare Commercial Opportunity on Thomas Drive - 1 Acre in Panama City Beach! Now's the time to lock in a valuable piece of PCB's booming future. Located in one of the highest-traffic corridors of Panama City Beach, this 1-acre commercial parcel at 1735 Thomas Drive offers unmatched visibility, accessibility, and development potential. Zoned commercial and surrounded by established businesses, this prime property is ideally positioned just minutes from the beach, the Navy Base, and Grand Lagoon. With approximately 100 feet of road frontage on Thomas Drive, this site delivers excellent exposure to daily commuters, beachgoers, and year-round visitors. Whether you're a developer aiming to establish a retail strip, restaurant, or office complex--or an investor seeking prime land in a rapidly growing market--this is your opportunity to secure a strategic stake in Panama City Beach's continued growth. Opportunities like this are few and far between. Don't miss your chance to build something remarkable in one of the Gulf Coast's most dynamic corridors. Call today and turn possibility into progress!

1735 Thomas Drive, Panama City