Bay County, FL Commercial Real Estate

101 West 5th Street at the Town Centre Office Complex is located at the southwest corner of Grace Avenue and West 5th Street in historic downtown Panama City. Town Centre is diagonal across the street from Panama City City Hall and one block east of the downtown Post Office (32402) and one block west of Harrison Avenue, historic Panama City's downtown Main Street with numerous bars and restaurants, boutiques, retail establishments and professional offices.

This property is just north of E 23rd St on Highway 77 in Panama City, FL. The intersection of 77 and 23rd is the retail bulls-eye for Panama City. Retailers in the immediate vicinity are Home Depot, Target, Chick-Fil-A, Cracker Barrel, Hancock Bank, Lowes, Books-A-Million, PetSmart, and Chili's just to name a few! A new construction development is just south of this site and features Hobby Lobby, Burlington, Ulta, Five Below, Chipotle, Aspen Dental, Discount Tire, Panda Express and many more!

651 W. 14th Street is located on the Southside of 14th Street just East of Florida Avenue in Panama City, FL.

Panama Plaza is located at the northeast corner of Lisenby Ave and West 15 St.(a/k/a Hwy 98). The subject area includes several national retailers, including Burger King, CVS Pharmacy, Piggly Wiggly Food for Less, O'Reilly Auto Parts, and Dollar General.

830 Ohio Avenue (a/k/a Hwy 77) is located in the heart of Lynn Haven's major retail /commercial corridor, Hwy 77. The property is located at the northwest corner of the hard corner and signalized the intersection of Highway 77 and W 9th Street. Average daily traffic counts 33,500 + vehicles per day.

The Laguna Beach community is located on the west end of Panama City Beach. Laguna Beach is low density, a family-friendly community between Malaga PL and Casa PL, approximately three miles to the east and 30A / South Walton located about six miles to the west. Northwest Florida Beaches International Airport is roughly a fifteen-minute drive time from the Subject Property. Panama City Beach is known as the "World's Most Beautiful Beaches" for its sugar-white sand and emerald green waters of the Gulf of Mexico. Panama City Beach hosts more than seven million tourists annually.

5102 Collegiate Drive is situated in a unique setting in the heart of Panama City's college campus near the Hathaway Bridge and overlooking North Bay. The property is adjoining Florida State University Panama City and directly across Collegiate Drive from Gulf Coast State College. Kevin Wattenbarger & Associates | SVN Southland Commercial Real Estate Advisors are pleased to present a one-of-a-kind opportunity by presenting the nearly 6,000 +/- SF college campus mixed-use property located at 5102 Collegiate Drive for Sale or Lease. 5102 Collegiate Drive is the only privately owned parcel located in Florida State University (FSU), Panama City Campus & Gulf Coast State College (GCSC). The ground floor possesses nearly 3,000 sf of interior retail space with additional areas for outdoor seating. The second floor has a separate suite with nearly 3,000 sf with amazing views of the North Bay and the surrounding college campuses. The property is feet from the new Seminole Landing on-campus apartment building (380 beds, 132 units) opened in Fall 2021. The property has a current zoning classification of General Commercial (GC-2 | Panama City). For additional information, contact Kevin Wattenbarger, CCIM info@PanamaCityCRE.com, or 850.913.9133 (voice or text).

Located in the 400 block of Historic downtown Panama City. In the heart of Panama City revitalizing historic main street.

Located at the northwest corner of 15th Street and Degama Avenue in Panama City, Florida. 0.52 acre impervious lot for sale located along 15th Street in Panama City, FL. The site possesses phenomenal access, visibility, and frontage and experiences an average daily traffic count of 31,000 vehicles per day. Major market trends in the area include the Tyndall Air Force Base rebuild as well as the new Latitude Margaritaville development. This location is ideal for a quick service restaurant, auto related businesses, and any other commercial business that could benefit from this parcel's strategic location.

3477 Highway 77 is a professional office building located on the west side of Highway 77 at the intersection of Highway 77 & Mosley Drive. In addition to being nearby the Bay County Sheriff's Office and W 23rd Street retail corridor, it is conveniently located near banking, Haney Technical School, SweetBay Community, and Highway 390.

The subject property is centrally located between West 23rd Street and St. Andrews Blvd (Hwy 390). The subject location enjoys a low-intensity neighborhood setting but is minutes from major land marks including Gulf Coast Medical Center (2 +/- miles), Gulf Coast State College (1.75 +/- miles), Florida State University-Panama City (1.75 +/- miles), The Hathaway Bridge (2.0 +/- miles) and Naval Support Activity Panama City (5.0 +/- miles). 6,400 +/- SF brick construction, newly renovated two-story medical office building. The ground floor consists of 5,200 +/- SF of a turn-key medical office designed to accommodate two practices with shared common areas. The current ground floor plan is provided in the documents and includes a shared lobby, two receptionists, two primary physician offices with private restrooms, two practice manager offices, two patient restrooms, two staff restrooms, nine exam rooms, a large treatment area with three additional offices or exam rooms. The second floor is approximately 1,200 sf of additional air-conditioned office area with five offices, a break area, and two additional restrooms (one includes a shower) and storage areas. There is ample parking with 25 +/- parking spaces and Two handicapped parking spaces.

Town Center @ 5th & Grace is located at the southwest corner of Grace Avenue and W 5th Street in historic downtown Panama City. The office complex is diagonal across the street for the new Panama City City Hall and one block east of the downtown Post Office (32402) and one block west off the historic Panama City community's downtown Main Street, Harrison Avenue.

LOCATED STEPS FROM SHELL ISLAND BEACH IN PANAMA CITY, FL! THE PANAMA CITY MOBILE HOME PARK IS A 24-PAD MOBILE HOME PARK LOCATED JUST IN PANAMA CITY, FLORIDA. THE PARK SITS MINUTES FROM THE GULF OF MEXICO AND PANAMA CITY BEACH! THE PARK HAS BEEN IN OPERATION FOR OVER 10 YEARS AND ALL MOBILE HOMES ARE TENANT OWNED. THIS 3.27-ACRE PARK IS IN FANTASTIC CONDITION WITH RECENT UPGRADES TO THE GROUNDS, AND ALL TENANTS ARE ON LOT LEASES! THE PROPERTY CURRENTLY HAS A BRAND NEW 5-YEAR (NNN) LEASE IN PLACE, THAT INCLUDES RENTAL INCREASES EACH YEAR. THE LEASE, WHICH WILL COMMENCE ON THE DAY OF CLOSING, IN 2022, WILL PAY THE OWNER $12,750 PER MONTH INITIALLY AND ONLY INCREASE OVERTIME! THE SELLER IS OFFERING AMAZING SELLER FINANCING, MAKING THIS DEAL EVEN BETTER (SEE PAGE 5)! THE TENANT IS EXTREMELY STRONG AND HAS BEEN IN THIS BUSINESS FOR OVER 12 YEARS, THEY SPECIALIZE IN THE OPERATION OF MOBILE HOME PARKS! THEY HAVE A STRONG TRACK RECORD OF SUCCESS MANAGING AND OPERATING PROPERTIES JUST LIKE THIS! CURRENTLY, THE PROPERTY BOASTS AN IN-PLACE CAP RATE OF OVER 8.4% AND AN AMAZING CASH-ON-CASH RETURN OF OVER 18%! THIS ONLY GETS BETTER AS THE NNN LEASE WILL INCREASE EACH YEAR! A BUYER CAN EASILY OBTAIN A CAP RATE OF OVER 9% AND A CASH-ON-CASH RETURN OF OVER 20% BY EARLY 2023! THIS WILL RISE TO A CAP RATE OF OVER 10% in 2026 MAKING THIS ONE OF THE BEST VALUE ADD OPPORTUNITIES IN ALL OF FLORIDA! DOWN PAYMENT: $750,000! INTEREST-ONLY PAYMENTS BALLOON LENGTH: 7- YEARS NO PRE-PAYMENT PENALTY (PAY OFF LOAN AT ANY TIME WITHOUT PENALTY) YEARS 1-2: FIXED INTEREST RATE: 2% MONTHLY PAYMENT: $1,833 YEARS 3-7: FIXED INTEREST RATE: 9% MONTHLY PAYMENT: $8,250 THIS ONE-OF-A-KIND OPPORTUNITY IS PERFECT FOR AN INVESTOR LOOKING FOR CONSISTENT MONTHLY INCOME AND CASH FLOW IN FLORIDA. AT CLOSING, THE TENANT WILL SIGN A BRAND NEW 5-YEAR NNN LEASE STARTING WITH MONTHLY PAYMENTS OF $12,750. THE LEASE PAYMENTS WILL INCREASE BY $500, EACH YEAR, ONLY IMPROVING THE RETURNS FOR THE BUYER! WITH A LONG-TERM LEASE IN PLACE, WHICH WILL PAY THE OWNER A MINIMUM OF $153,000 ANNUALLY, A BUYER CAN COLLECT MONTHLY RENT FOR THE NEXT 5 YEARS + WITHOUT LIFTING A FINGER! THE CURRENT TENANT IS RESPONSIBLE FOR ALL REPAIRS AND MAINTENANCE AT THE PROPERTY AS WELL AS ANY OTHER EXPENSES INCURRED AT THE PARK. SINCE THE LEASE IS PURE NNN, THE MANAGER WILL ALSO BE RESPONSIBLE FOR ALL TAXES AT THE PROPERTY, WHILE THE BUYER WILL BE RESPONSIBLE TO OBTAIN THEIR OWN PROPERTY INSURANCE, THROUGHOUT THE ENTIRE TERM OF THE LEASE! ALL OF THE MOBILE HOMES ARE TENANT OWNED AT THE PROPERTY AND TENANTS SIMPLY DRIVE UP TO THE PADS TO RENT THEIR UNITS. THE INDIVIDUAL PARK TENANTS ARE RESPONSIBLE FOR ALL REPAIRS AND MAINTENANCE OF INDIVIDUAL HOMES, LEAVING THE OWNER, OR IN TENANT IN PLACE (WITH THE NNN LEASE), AND ONLY LIABLE FOR MAINTAINING THE GROUNDS. THE PARK RUNS ON CITY WATER AND CITY SEWER AND PAD TENANTS ARE RESPONSIBLE FOR THEIR ORW UTILITIES! THIS IS A HUGE PLUS FOR THE NEW OWNER AS THEY DO NOT HAVE TO WORRY ABOUT ALLOCATING A LARGE BUDGET TO CAPEX REPAIRS IN THE FUTURE AND WILL LIMIT THEIR OVERALL EXPENSE TOTALS NOW AND IN THE FUTURE! SINCE THE TENANT OWN THEIR OWN UNITS, ALL THE OWNER IS RESPONSIBLE FOR IS THE INDIVIDUAL PADS. THE TENANTS ARE RESPONSIBLE FOR ALL-ELECTRIC, WATER, SEWER, LAWN CARE, AND ALL OTHER EXPENSES.

Mixed-use commercial land in the heart of Lynn Haven's historic district. Kevin Wattenbarger & Associates | SVN Southland Commercial Real Estate Advisors are pleased to present the .54 +/- acre vacant development site located at 620 Florida Avenue, Lynn Haven, FL for sale. Located in the heart of the original plat and historic Lynn Haven, the mixed use site (Land Use City of Lynn Haven) conceptual development site plans and renderings to accommodate commercial office or residential developments. Additional resources are located in the Documents Section. For additional information, contact Kevin Wattenbarger, CCIM @ info@PanamaCityCRE.com or 850.913.9133 (voice or text)

107 W 19th Street is located slightly east of the intersection of Harrison Avenue and W 19th Street. The subject area is a major medical-influenced office area near HCA Gulf Coat Medical Center (approx 0.75 miles) and convenient to Panama City's major commercial corridors, including W 23rd Street, Highway 231, Highway 77, and US- Highway 98. Kevin Wattenbarger & Associates | SVN Southland Commercial Real Estate Advisors are pleased to present an available 9,002 +/- SF freestanding office building located near Gulf Coast Medical Center at 107 W 19th Street, Panama City, for sale. The building was a design-build for a large medical office with a central hub & four (4) wings. Each of the building's four wings has a physician's office, four (4) exam rooms (12 in total), and a nurses station, plus two large waiting rooms/ lobby areas, staff break, and practice administrative areas (Floor Plan Available in the Documents Section). The Seller may consider Seller Financing with 1st position mortgage. Contact Kevin Wattenbarger, CCIM for additional information (850) 913-9133 (office/ text) or Kevin@kwa-cre.com.

Panama City Beach, featuring 27 miles of white sand beaches along the turquoise waters of the Gulf of Mexico, is home to two state parks (St. Andrews State Park and Camp Helen State Park), dozens of public beach access points, waterfront restaurants that serve up fresh local seafood, and legendary attractions. The waters at Panama City Beach are famous with fishermen and scuba divers who enjoy the benefits of dozens artificial reefs located offshore, and with a coastline that angles slightly toward the west, you can watch the sunset over the Gulf of Mexico every day of the year.

Located on Laird St., one block off of Thomas Drive. Property is near Naval Base, beaches and Panama City proper. Excellent location for a variety of business types. Currently owned and occupied by SAIC, but the tenant will vacate upon sale. Single-story building allows for single tenant or multi-tenant occupancy, with a courtyard and open-air campus feel. Proximity to the Naval Base, downtown Panama City, and Panama City Beach. Please contact listing agent for details: Brandon Cramer, (404) 447-6125

Located on the corner of West 23rd Street and Ruth Hentz Avenue, between Frankford Avenue and Highway 390 in Panama City. Kevin Wattenbarger & Associates | SVN Southland Commercial Real Estate Advisors are pleased to present the 3,318+/- SF landmark 23rd Street office building available for sale. This is a high-visibility office building located on Panama City's main business corridor, with average daily traffic counts of 30,000+/- vehicles per day, and enjoys dedicated on-site parking. The subject property shares W 23rd Street and is close to many local and national retailers, including Publix, Wal-Mart, Sam's Club, Chick-fil-a Dunkin, MidSouth Bank, T-Mobile, and Gulf Coast Regional Medical center to name a few. 2516 W 23rd Street's current floor plan includes a reception & client welcome area, two kitchen/ break areas, and 3 restrooms. For additional information or to arrange a property showing, contact Kevin Wattenbarger, CCIM @ info@PanamaCityCRE.com or 850.913.9133 (voice or text)

1240 W 23rd Street is located on the corner of W 23rd Street & Winona Drive. W 23rd Street is Panama City's main retail corridor with average daily traffic counts of 30,000 +/- vehicles per day. The subject property shares W 23rd Street and is close to many local and national retailers including Publix, Wal-Mart, Sam's Club, Chick-fil-a Dunkin, MidSouth Bank, T-Mobile, and Gulf Coast Regional Medical center to name a few.

The subject property is located at the corner of Harrison Avenue and E 7th Street, in the heart of Downtown Panama City. Harrison Avenue is at the center of the redevelopment and growth happening in Downtown since Hurricane Michael hit the area in October of 2018. There are multiple professional offices, restaurants, banks, churches, and retail stores within walking distance. This location also provides close proximity to multiple government offices, the Panama City Marina, the Massalina Bayou, and entertainment venues such as the historic Martin Theater.

The subject property is located on the north side of W 23rd Street, between Grant Avenue and Drummond Avenue. Kevin Wattenbarger & Associates | SVN SouthLand Commerical Real Estate Advisors are pleased to present a W 23rd St retail development opportunity. This parcel is approximately 1.07 +/- acres with 225 +/- of W 23rd St road frontage. Traffic counts are 31,500 +/- AADT with 5 lanes of traffic, including a dedicated center turn lane. Property is conveniently located near Panama City Beach, Florida State University-Panama City, and Gulf Coast State College. This parcel is also zoned GC 2 (Panama City) as well as Flood Zone X. Call or email listing broker for additional information.

Central office space on 1+ Acre - Zoned MU3. Immediate access to 23rd Street and HWY 390. Corner Lot Great house that has been redesigned as an office space. Updated in 2018 with new windows, doors, paint, & roof. Kitchen has granite counter tops and stainless steel Frigidaire Gallery appliances. Proforma for large climate controlled storage facility in Documents. Confirm zoning and all measurements.

Two vacant parcels at the Entrance of Sun Bay Townhouses near Tyndall Air Force Base. Large parcel 100x227 and on the west side of the property 100x75 Many possibilities for this commercial zoned property.

Nice level land ready for your new business such as warehouses. Allows C-3 commercial zoning. Previous owner had one of their landscape locations at the property site.

Fully entitled 28 Lot Subdivsion ready for construction. Full plans can be found in the documents section. Great central location with new construction activity.

None. *****PRICE REDUCTION*****PRIME LOCATION-500 FEET OF FRONTAGE ON THOMAS DRIVE-6.48+- ACRES TOTAL-Located in the highest traffic corridor section of THOMAS DRIVE-Located just past MAGNOLIA BEACH ROAD, PUBLIX, WINN-DIXIE and nearby BAY POINT-property surrounds the new Jasmine Thai Restaurant and is just North of Captain Andersons and the North Lagoon area. All sizes and zoning are aprox. This is a Bank Foreclosure sale all reasonable offers considered

None. Vacant commercial lot just north of Panama City Mall located adjacent to Kohl's...one block off of Hwy 77...survey and aerials available...all sizes are approximate, water and sewer may be available

None. COMMERCIAL PROPERTY-9.5 ACRES (APPROX) PARCEL JUST OFF HWY 231-WATER & SEWER AVAILABLE-There are two existing structures on this property-Easy access to Hwy 231.

Masterfully redone office or retail space available in Lynn Haven's busiest commercial corridor. Centrally located across from Starbuck's and the Publix shopping center this space provides strategic exposure that is a rare fine. Space can be subdivided into two 1300sqft units as well. Lease terms NNN.

Don't miss your opportunity to build that perfect office space or business in downtown Panama City. This area is very highly sought after due to the Historic District in downtown Panama City, located close to St. Andrews Bay, regular live music, great restaurants, antique shops, charming specialty stores, coffee, and craft beer, to name a few. This lot features .44 of an acre and is steps away from the courthouse. You will not find a better location that would suit most business opportunities. This one will not last long, so call your Realtor today to get started on your next business venture.

None. Opportunity to own a mobile home park in a great location. Property has 10 mobile home sites with separate meters for city utilities- tenants are directly billed and pay their own utility costs. There are 4 tenant owned homes paying $350/month in lot rent. Fema has placed 1 home on 1 of the 10 lots at $400/month lot rent. Property offers a unique opportunity for a buyer to add value. Property is managed by a third party professional management company at a 5% of gross revenue expense.

None. Great highway frontage for any type of business, this is a very large lot of land with endless potential, seller has drawn plans for a multiplex that would have 9 rentals on the property if completed and would make a great investment opportunity.

Incredible opportunity purchase approximately 1.8 acres on Front Beach Road in addition to one of the area's most noticeable landmarks/buildings. The property features +/-238ft of frontage, ample parking, and great corner location next to a traffic light. The building on site is approximately 10,446sqft with 9,113sqft being heated and cooled. Daily traffic count is 25,200. Property site is very convenient the new Panama City Beach Sports Complex driving an array of tourism. The building and property infrastructure have been well maintained and provide many options for future owner. Please do not approach patrons or employees.

Rare opportunity to own a fully developed and licensed mobile home park in the heart of Bay County, FL. Featuring 5 permanent structures rented at $1,200/month and one mobile home that will convey as well. The property consists of 52 mobile home lots that were developed after Hurricane Michael for Fema homes. Fema has since left and brand new infrastructure remains. Each mobile home lot is separately metered for water and electric. Excellent opportunity for the discerning investor.

None. HUGE VALUE ADD POTENTIAL! This property offers amazing upside to future buyers. The property features 32 mobile home lots and 9 permanent structure rental units. Presently 8 of the 32 mobile home lots are occupied with tenant owned homes paying $350/month in lot rent (market lot rent is $450/month). 7 of the 9 permanent structures are occupied as well. The property currently generates $6,000/month in revenue. All mobile home lots and structures are separately metered with city utilities paid for by the tenants. By filling the empty mobile home lots and repairing the 2 remaining structures the next owner has potential to more than double the property's value. Property is managed by a third party professional management company at a 5% of gross revenue expense.

Over 10 acres of high and dry land ready for you to build your dream home! Perfect for those looking for privacy and convenience to Lynn Haven, Panama City and Panama City Beach.

Huge lot located on the busy East Avenue near Highway 98. Property is zoned R2 but could potentially be rezoned to C1.

Strategically located on Allison Avenue between Panama City Beach Parkway and Front Beach Road with excellent access in all directions. This excellent property sits on Allison Avenue between Panama City Beach Parkway and Front Beach Road with excellent access to Bay County’s biggest attractions. Conveniently located on the east end of Panama City Beach, the location is convenient to the vast majority of the area’s population. Lighthouse previously served as a house of worship with three primary buildings. Building 1, currently functioned as a sanctuary housing the church offices, welcome area, bathrooms, and meeting space capable of seating roughly 450 guest. Building 2, currently a full-time daycare facility as well as former classroom space for the church, features five large rooms with adjoining bathrooms. Buildings 1 and 2 are connected by a 5,000± SF covered pavilion which adjoins the current playground and two sand volleyball courts. Building 3 sustained major damage during Hurricane Michael, will likely need to be demolished, and has not been factored as an asset into the sale price or into the building size listed. The 7.83± acre piece consist of two parcels. Parcel 1, approximately 5.33± acres, contains all of the property’s significant improvements fronting Allison Avenue. Parcel 2, approximately 2.5± acres, fronts Faith Lane and contains additional parking space with the possible potential to develop residential lots or expand the current campus.

TEN LOTS 2 blocks off HWY 231 zoned C-3. Perfect location for storage units, cabins or multifamily rentals.Power, well and septic located on property. Survey available.

Great location for Business!! Convenient, centrally located and easily accessible. Two huge side be side lots just off 15th Street. Zoned Mixed use. The possibilities are endless. Wooded and not in a flood zone. Priced to sell quick!!

The subject property is a corner parcel, centrally located on busy Highway 98, a/k/a West 15th Street. Located at the northeast corner of Highway 98 & Fortune Avenue. The property possesses full access from Highway 98 and additional ingress/egress points on Fortune Avenue. Highway 98 is one of the area's main commercial thoroughfares with daily traffic counts of 29,500 +/- VPD. Kevin Wattenbarger & Associates | SVN Southland are pleased to present the free-standing retail showroom/office and warehouse building located at 1820 W 15th Street available for sale. The 6,310 SF building's current configuration provides for a 2,000 +/- sf retail showroom/ sales area with drop ceiling and an attached warehouse portion is approximately 2,800 sf with 12' clear ceiling and 15 over-head roll-up doors loading areas. 14 loading areas are at 24" above grade with one door at 4' above grade providing for semi-trailer access. There is one restroom in the warehouse portion and a 500 +/- sf insulated walk-in freezer (refrigeration- non-functioning). In addition there is approximately 800 +/- sf of office/training area. There is one large room that is approximately 575 +/- sf, and two (2) private offices, a restroom, and a storage room. Approximately .65 +/- acres of partially fenced (fence sustained by damage due to Hurricane Michael), rear yard area. Current owners will replace the roof which also received damage due to Hurricane Michael.

505 E 11th Street is located on the north side of 11th Street between Harrison Avenue, to the west, and Dr. Martin Luther King Jr. Boulevard (a/k/a Highway 77) to the east. The property is adjacent to the new Federal Courthouse that is currently under construction (remodel of the former Bay County Juvenile Justice Courthouse). Additionally, the property is located within a federally designated Opportunity Zone. Kevin Wattenbarger & Associates | SVN Southland Commerical are pleased to present the redevelopment site located at 505. E 11th Street for sale. The subject property is a 1.1 +/- acre site located adjacent to the new Federal Courthouse relocation site (currently under construction at 533 E 11th Street, previously the Juvenile Justice Courthouse facility). The property is currently improved with a 6,900 +/- square foot office that was heavily damaged by Hurricane Michael (potential need for demolition) and concrete parking areas (approx 40 +/- spaces). The property is centrally located on a major east-west commercial thoroughfare providing for easy access to Panama City and surrounding communities. Additionally, the property is located within a federally designated Opportunity Zone Census tract.

The subject property is centrally located on N East Avenue, close to US Highway 231. This location provides easy access to all of Panama City, as well as the surrounding area. Kevin Wattenbarger & Associates | SVN Southland Commerical are pleased to present the light industrial property located at 2201 N East Avenue, Panama City, FL for sale. The property is improved with an 8,700 SF main structure that has 900 SF of office and 7,800 SF warehouse. The warehouse portion possesses three (3) over-sized dive-in doors (16' x 16'), a 5-ton crane with 18' ceiling heights. There is an additional 3,200 SF accessory warehouse structure. The property is 1.01 acre in size (200' x 220') with perimeter fencing. The subject property is centrally located on N East Avenue, close to US Highway 231. This location provides easy access truck and vehicle access to all of Panama City, as well as the surrounding area. The property has recently been vacated by the Seller and is available for an owner/occupier sale or possible tenant to occupy this a light industrial property possessing C-3 Zoning (Bay County). For additional information, please contact Kevin Wattenbarger, CCIM at (850) 913-9133 or KWattenbarger@svn.com

The former Glen Cove Health & Rehabilitation Facility is a waterfront property located on the western bank of Watson Bayou. Kevin Wattenbarger & Associates | SVN Southland Commercial are pleased to present the waterfront redevelopment opportunity of the former Glen Cove Health & Rehabilitation facility located at 1027 E Highway 98, Panama City, FL. The waterfront property is located on Watson Bayou and is also within a federally designated Opportunity Zone Census tract. The Glen Cove redevelopment site is very convenient to two (2) of the largest single-site area employers with Ascension Sacred Heart Bay Medical Center Hospital >1 mile and Tyndall Air Force Base located 8+/- miles from the property. The Glen Cove Health & Rehabilitation Facility was previously licensed as a 115-bed skilled nursing facility and operated as such until the facility and much of the surrounding communities were severely damaged when category Five, Hurricane Michael's eyewall made landfall near Panama City on October 10th, 2018. As a result, Panama City is in the middle of an extensive recovery and rebuilding process, post-Hurricane Michael. The redevelopment of Glen Cove is a rare opportunity to redevelop a large waterfront parcel the possesses GC-2 zoning.

The subject property is on the northwest corner of the intersection at Hutchison Boulevard and Gardenia Street, which is half a mile east of where Hutchison and Front Beach Road converge. The subject property is centrally located on Panama City Beach. It is approximately 1,000' feet north of Front Beach Road and less than a half of a mile south of the region's major east-west commercial corridor, Back Beach Road /Panama City Beach Parkway/ Highway 98.

2704 W 15th Street (a/k/a Hwy 98) is located at the eastern gateway to the St. Andrews community in Panama City, FL. Kevin Wattenbarger & Associates | SVN Southland Commercial Real Estate Advisors are pleased to present the commercial property located at 2704 W 15th Street, Panama City, FL, for sale. 2704 W 15th Street is an eye-catching, classic 1940's brick automobile-related services building. The prominent structure sits on .75 +/- acres, and it has a very noticeable street presence from Highway 98 in front of 38,000 +/- VPD (FLDOT 2019). The property has a current zoning classification of General Commercial (GC | Panama City) and is located within the St. Andrews Community Redevelopment Area (CRA). The property possesses approximately 120' of Highway 98 road frontage. The street-front retail building is approximately 2,500 +/- sf, and there is a detached warehouse of approximately 6,500 +/- sf (65' x 100') connected by a covered breezeway. In addition, there is a fenced storage "lay-down" yard on the north side of the property approximately 70' X 135' (.22 +/- acres). The warehouse property does have existing hurricane damage and needs repairs. The property is located within Flood Zone X. This is once a generation opportunity to purchase a piece of Panama City's history. For additional information, contact Kevin Wattenbarger, CCIM at info@PanamaCityCRE.com (e-mail) or 850.913.9133 (voice or text).

5626 East Highway 22 is located on the south side of Highway 22 slightly East of the signalized intersection of North Tyndall Parkway and East Highway 22 in the Callaway area. This commercial development parcel fronting Highway 22 serves as the sole, direct connection to Wewahitchka. This segment of Highway 22 has four lanes with a traffic count of 1900 +/- VPD (FDOT 2011) with 165+/-' of frontage by 249'+/- deep. Additionally, the parcel is located in Flood Zone X which is a 0.2% chance of flooding. This property is surrounded by large traffic generators such as the main thoroughfare into Tyndall Airforce Base, Callaway City Hall, and the soon to be open Murphys USA gas station located .01 miles from the property. Kevin Wattenbarger & Associates | SVN SouthLand Commercial are pleased to present the .94 +/- acres commercial land parcel for sale located in the Callaway community at 5626 East Highway 22 for sale.

The 9.0 +/- acre waterfront commercial development site is located near the northern terminus of Frankford Avenue in Panama City, FL. The waterfront site is adjacent to the former Panama City Airport which is being redeveloped into Sweet Bay, a 700+/- acre mixed-use master-planned development by Leucadia National Corporation (NYSE:LUK). Kevin Wattenbarger & Associates | SVN Southland Commercial are pleased to present the 9.0 +/- acre commercial waterfront development site with 365' +/- of water frontage on Robinson Bayou. The site and Robinson Bayou possess navigable, deep water channels with immediate waterway connections to North Bay, St. Andrews Bay the Intracoastal Waterway (ICW), and the Gulf of Mexico. The site is zoned Mixed Use-3 (MU-3 | City of Panama City). For additional information contact Kevin Wattenbarger, CCIM (850) 913-9133 (office/text) or KWattenbarger@svn.com.

Property is located between Lisenby Avenue and Stanford Road on Highway 390.

The retail strip is located on Highway 77 South in Lynn Haven, in an outparcel to the Walmart Supercenter. Unit #4 is next to the southern end cap. NEW CONSTRUCTION. Kalo Plaza is a 6,000 sf retail strip center that is an outparcel to a Walmart Supercenter, on Lynn Haven's prime retail corridor, Highway 77. Kalo Plaza has 5 units with new leases to Hancock Whitney Bank, Jersey Mike's Subs, Sports Clips, a nail salon, and cell phone repair store. There are 49 parking spots planned (2 handicap).