Commercial Real Estate in Panama City | Reonomy

Commercial Real Estate in Panama City

Unlock property data on 24,503 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 $843,601 $739,850 $427,276
Median sold price $88,723 $79,412 $113,888
Number of sales 5,045,666 464,763 4,642
Number of sales over $250k 1,651,267 163,762 1,649
Number of sales over $1m 438,312 44,893 304
Number of sales over $10m 66,546 5,882 18
Average total tax amount $55,396 $8,941 $2,772
Average assessed value $242,504 $233,616 $204,495
Average market value $328,664 $255,530 $222,290

Panama City commercial real estate property averages

Property averages United States Florida Panama City
Average lot size 893,174 sf 352,364 sf 185,529 sf
Median lot size 28,933 sf 14,758 sf 13,608 sf
Average building area -- -- --
Median building area -- -- --
Median year built 1971 1982 1982
Average number of units 17 87 22
Median number of units 2 2 2

Panama City commercial real estate total supply

Supply United States Florida Panama City
Number of parcels 150,751,689 2,880,289 24,503
Aggregate lot acerage 800,620,584 17,433,870 70,812
Aggregate building area -- -- --
Aggregate units 93,969,729 38,116,561 94,862

Panama City commercial real estate industrial mortgages

Debt United States Florida Panama City
Number of mortgages 41,235,212 2,367,070 21,462
Average value of mortgages $6,605,128 $5,546,023 $4,671,299

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