- For Lease Contact for pricing
- Property Type Retail
- Lot Size 14.8 Acre
- Date Updated May 18, 2026
Description
Positioned along a primary commercial corridor, the location sits within the heart of Panama City—an established Gulf Coast market known for year-round activity and steady population growth. The surrounding area benefits from strong daily traffic connecting Downtown Panama City, Historic St. Andrews, and Panama City Beach. Nearby draws include Gulf Coast State College, Bay Medical Sacred Heart, Tyndall Air Force Base, and access to St. Andrews Bay and St. Andrews State Park. The city’s mix of military presence, healthcare, tourism, and local neighborhoods creates consistent consumer demand, making the area well suited for retail and street-level commercial concepts seeking visibility and connectivity.Located in Panama City, this 14.8-acre property is offered for lease with flexible ground lease opportunities and outparcels coming soon. Situated near national retailers along the E 23rd Street high-traffic corridor, the site is positioned at a signaled intersection on the corner of Highway 77 and Highway 231, featuring generous frontage, excellent access and delivers outstanding visibility. Planned outparcels provide ample leasing options, allowing tenants to tailor a presence that fits their operational needs with strong exposure along a major roadway. This property presents an exceptional opportunity for businesses seeking a customizable, high-profile location.
Highlights
- 14.8-acre commercial site available for ground lease
- High-visibility frontage along major roadway
- Outparcels coming soon
- Prime corner location at a signaled intersection
True
1 Space Available
733 N Hwy 231
Space Type
Retail
Lease Rate
Contact for pricing
Available Date
Immediate
Lease Type
NNN
Renewal Option
Yes
Sublease
No
Contacts
Harry Bell
Bellcore Commercial
Location
Located at 733 U.S. 231, Panama City, FL 32405, this property is part of the Monroeville neighborhood and Pensacola market.
Contact Listing Broker
Harry Bell
Bellcore Commercial