Panama CIty, Florida Commercial Real Estate 0 Listings

Panama City, Florida: A Premier Destination for Commercial Real Estate

Introduction

Panama City, Florida, is a burgeoning hub for commercial real estate (CRE) professionals. Known for its strategic coastal location and a growing economy, this city offers a diverse range of opportunities across various asset classes. As a medium-sized city with a robust economic base, Panama City attracts attention from industries such as tourism, defense, and healthcare, making it a unique and valuable location for CRE investment.

Economic and Industry Overview

Panama City's economy is predominantly driven by tourism, healthcare, and defense. The city's proximity to the Gulf of Mexico supports a thriving tourism industry, which in turn fuels demand for retail and hospitality properties. The presence of Tyndall Air Force Base boosts the defense sector, creating opportunities for industrial and office spaces. Additionally, the healthcare industry's growth has led to increased need for medical office buildings and related facilities. The Bay Economic Development Alliance actively promotes regional growth, ensuring a steady demand for commercial properties.

Strategic Location and Transportation Infrastructure

Panama City boasts a well-developed transportation network that includes major highways such as U.S. Route 98 and State Road 77, facilitating easy access for logistics and supply chain operations. The Northwest Florida Beaches International Airport provides both passenger and cargo services, enhancing the city's connectivity. Panama City's strategic coastal location offers logistical advantages for distribution and access to labor pools, making it a prime location for businesses seeking proximity to the Gulf Coast markets. For more information, visit the Florida Department of Transportation.

Commercial Real Estate Inventory & Zoning

Panama City features distinct submarkets including the Central Business District (CBD), industrial corridors, and waterfront districts. Key asset classes in the city encompass industrial, retail, office, and medical properties. Recent zoning changes and incentives have been introduced to attract developers to Opportunity Zones and innovation districts. For detailed zoning information, explore the City of Panama City Zoning Maps.

Major Employers and Institutions

The city's CRE demand is bolstered by major employers such as Bay Medical Sacred Heart, Tyndall Air Force Base, and Gulf Coast State College. These institutions, along with the Naval Support Activity Panama City, are pivotal in driving economic activity and real estate needs. For a comprehensive list of employers, visit the Bay County Chamber of Commerce.

Notable Commercial Developments & Projects

Panama City is undergoing significant development projects, including mixed-use developments and innovation parks. Public-private partnerships and designated Opportunity Zones offer lucrative prospects for investors. Detailed project information is accessible through the Panama City Planning Department.

Building Permits, Planning, and Development Tools

To facilitate development, Panama City provides resources through its Building and Safety Department, permitting portals, and GIS parcel map viewer. Additionally, the Planning Commission offers comprehensive guidance on development codes and regulations.

Market Data & Economic Reports

For detailed economic insights, Panama City provides access to public data sets through platforms like Census.gov and the city's open data portal. Brevitas leverages AI-powered aggregation from these public sources and internal insights to offer a data-driven perspective. Explore Brevitas-powered dashboards for Panama City by visiting our city search page.

Why Use Brevitas for Panama City, Florida CRE?

Brevitas is your go-to resource for CRE in Panama City, offering AI-driven discovery, real-time market alerts, and smart property pages. Our platform provides unique features such as auto-generated listing pages, email and landing page tools, and seamless integration with brokers and developers. Gain access to exclusive listings and premium exposure by choosing Brevitas for your Panama City real estate needs.

By utilizing this comprehensive guide, commercial real estate professionals can effectively navigate the dynamic market of Panama City, Florida, leveraging the city's strategic advantages and economic potential.