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Gulf Coast Plaza
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2402 State Avenue, Panama City, FL 32405

No Named Subdivision · Bay County

Key Facts

2Stories

Description

This modern ±14,500 SF facility presents a standout opportunity to create a premier fitness or wellness destination in one of the fastest-growing areas along the Emerald Coast. Positioned one block from HCA Florida Gulf Coast Hospital, the location benefits from steady daily activity from nearby medical offices, outpatient therapy providers, and strong traffic along the 23rd Street corridor. Designed with today's fitness operators in mind, the plans feature a flexible open layout suitable for strength and cardio areas, group training studios, functional fitness zones, recovery services, and other specialty concepts. The project also includes an elevated indoor walking and running track that provides year-round, climate-controlled use with a clear view over the workout floor. Three dedicated indoor pickleball courts further enhance the offering and tap into the rapid rise of indoor recreation demand. Surrounded by major retail anchors such as Walmart, Target, and Publix, along with numerous dining options, the property offers excellent visibility, easy access, and consistently strong consumer draw. This is a rare opportunity to secure a purpose-built, fitness-oriented facility in one of Panama City's most active commercial corridors.

Property Information

Property Type

Commercial Lease

Stories

2

Days on Market

95

MLS® Listing#

781845

Property Features

Schools

Elementary:
Northside
Middle:
Jinks
High:
Bay

Financial Details

Parcel Number

13015-005-040

Directions

From 23rd Street, turn onto State Avenue and continue north. The property at 2402 State Ave will be on your right.

Affordability Calculator

$6

Estimated monthly payment

$0/mo

Principal $22 · Est. interest $31 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Panama City, FL

$378,996
Median Listing Price
101
Median Days on Market
1,574
Median Sq Ft
$249
Median Price / Sq Ft
6,136
Active Listings
  • This home’s price is 100% below the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Panama City, FL.

Location

  • 2402 State Avenue, Panama City, FL 32405

Points of Interest in Panama City, FL

Showing the Panama City area map.

Nearby Schools

  • Kaleidoscope School of Discovery

    School · 0.3 mi away

  • Newpoint Bay High School

    Secondary · 0.3 mi away

  • Bacot Academy

    School · 0.3 mi away

  • Northside Elementary School

    Elementary · 0.9 mi away

  • Pre School

    School · 1.1 mi away

  • Central High School

    Secondary · 1.2 mi away

  • Panama City Advanced School

    School · 1.3 mi away

  • Bay Virtual Instruction Program (District Provided)

    Secondary · 1.5 mi away

  • Bay District Schools

    School · 1.5 mi away

  • Bay High School

    Secondary · 1.5 mi away

  • Jinks Middle School

    Secondary · 1.5 mi away

  • Covenant Christian School

    School · 1.5 mi away

  • New Horizons Learning Center

    School · 1.6 mi away

  • Chautauqua Charter School

    Secondary · 1.7 mi away

  • Bacot Academy

    School · 1.7 mi away

  • Palm Bay Preparatory Academy

    Elementary · 1.7 mi away

  • Panama City Christian School

    School · 1.7 mi away

  • North Bay Haven Charter Academy

    School · 1.7 mi away

  • Bay Regional Juvenile Detention Center

    School · 1.8 mi away

  • Gulf Coast School for Autism

    School · 1.8 mi away

Commute Calculator

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Nearby Homes

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Similar Home Values

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Moving Cost Estimate

EXIT Agents in Panama City

Listing Courtesy: NAI TALCOR - 8502492879

The data relating to real estate for sale on this website comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2026 Central Panhandle Association of REALTORS®. All Rights Reserved.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by CentralPanhandleAssociationOfRealtors. MLS® Listing#781845. © 2026EXIT Realty®. All rights reserved.