Commercial Real Estate in Panama City | Reonomy

Commercial Real Estate in Panama City

Unlock property data on 25,799 commercial properties in Panama City. Search through Panama City property records and access full owner contact information to find off-market properties likely to sell, refinance, or renovate. Find recent buyers and sellers.

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Reonomy attracts a large community of Panama City commercial real estate professionals, including brokers, investors, roofers, contractors, appraisers, insurance providers, and more—many of which specialize in commercial properties.

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Panama City commercial real estate sold prices and values

Values and sold prices (last 24 months) United States Florida Panama City
Average price/sqft -- -- --
Average sold price $704,320 $612,509 $346,454
Median sold price $119,214 $131,326 $167,817
Number of sales 4,978,222 492,672 4,441
Number of sales over $250k 1,723,171 177,928 1,594
Number of sales over $1m 358,117 33,557 278
Number of sales over $10m 49,028 4,755 9
Average total tax amount $9,549 $4,170 $1,927
Average assessed value $232,854 $196,040 $131,249
Average market value $313,528 $224,835 $138,493

Panama City commercial real estate property averages

Property averages United States Florida Panama City
Average lot size 827,164 sf 315,939 sf 166,332 sf
Median lot size 24,581 sf 13,033 sf 11,959 sf
Average building area -- -- --
Median building area -- -- --
Median year built 1972 1984 1982
Average number of units 18 72 12
Median number of units 2 2 --

Panama City commercial real estate total supply

Supply United States Florida Panama City
Number of parcels 206,334,107 3,181,514 25,799
Aggregate lot acerage 863,559,291 17,879,779 70,152
Aggregate building area -- -- --
Aggregate units 106,089,840 37,229,855 66,795

Panama City commercial real estate industrial mortgages

Debt United States Florida Panama City
Number of mortgages 42,046,950 2,529,950 21,676
Average value of mortgages $5,768,886 $5,008,438 $4,256,409

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