Panama City Commercial Real Estate 0 Listings

Panama City: A Premier Destination for Commercial Real Estate

Introduction

Panama City, located in Florida’s Panhandle, is a burgeoning hub for commercial real estate (CRE) with a diverse economy and strategic geographic positioning. Known for its significant growth and development, Panama City offers lucrative opportunities in various CRE sectors, driven by key industries such as defense, healthcare, and tourism. The city's economic resilience and strategic location make it an attractive destination for real estate investors and developers.

Economic and Industry Overview

Panama City's economy is bolstered by major industries, including defense and aerospace, healthcare, and tourism. The presence of Tyndall Air Force Base significantly impacts demand for industrial and office spaces. The healthcare sector, with institutions like Bay Medical Sacred Heart, drives the need for medical office buildings. Additionally, the tourism industry supports retail and hospitality developments.

The Bay Economic Development Alliance actively promotes economic growth, attracting new businesses and fostering an environment conducive to real estate development.

Strategic Location and Transportation Infrastructure

Panama City is strategically located with access to major transportation networks. The city is served by Northwest Florida Beaches International Airport, providing connectivity to major U.S. cities. Key highways such as U.S. Route 98 enhance logistical advantages for distribution and access to labor pools. The Port Panama City further strengthens the city's logistical capabilities, allowing for efficient import and export activities.

Commercial Real Estate Inventory & Zoning

The commercial real estate landscape in Panama City is characterized by several submarkets:

Central Business District (CBD): A hub for office and retail spaces.
Industrial Corridors: Areas near the port and highways cater to industrial and logistics facilities.
Innovation Districts: Emerging areas focusing on tech and startups.

The city's zoning regulations, available through the City of Panama City Zoning Map, offer incentives for developers, including tax abatements and expedited permitting processes.

Major Employers and Institutions

Panama City is home to major employers that drive CRE demand:

Tyndall Air Force Base
Bay Medical Sacred Heart
Gulf Coast State College

These institutions, along with others listed on the Bay County Economic Development Alliance's directory, significantly influence the need for office, industrial, and educational spaces.

Notable Commercial Developments & Projects

Several large-scale projects are shaping Panama City's CRE landscape:

Panama City Marina Redevelopment: A mixed-use project revitalizing the waterfront.
Opportunity Zones: Designated areas offering tax incentives for investment.

Details on these and other projects can be found through the City of Panama City Planning Department.

Building Permits, Planning, and Development Tools

For developers and investors, the following resources are essential:

Market Data & Economic Reports

Panama City offers a range of public data sets and economic reports, accessible through census.gov and the City's Open Data Portal. Brevitas leverages AI-powered data aggregation to provide comprehensive market insights, available on our Brevitas Panama City listings page.

Why Use Brevitas for Panama City CRE?

Brevitas offers a suite of tools designed for CRE professionals:

AI-driven CRE discovery and insights
Real-time market alerts for new listings
Smart property pages with detailed analytics
Dealroom collaboration for seamless transactions

Our platform features auto-generated listing pages, email and landing page tools, and integration with brokers and developers. Explore exclusive listings and gain premium exposure with Brevitas, the go-to marketplace for Panama City commercial real estate.