# 2135 E 3rd Street, Panama City, FL 32401 > **TL;DR:** commercial, $1,150,000. Est. $6,150/mo. Listed 201 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $1,150,000 | | Lot Size | 54,886 sqft (1.26 acres) | | Property Type | Commercial (Other) | | Status | Active | | Days on Market | 201 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $5,815 | | Estimated Insurance | $335 | | **Total** | **$6,150** | ## Property Highlights - 1.26 acre lot ## Description ### Agent Description 388' OF PRIME HWY 98 FRONTAGE - 1.26 ACRE CORNER LOT - FLEXIBLE MIXED-USE ZONING - Position your business on one of Panama City's most visible commercial corridors! Located directly on Business Hwy 98 (E 5th Street) with an AADT of 19,300 vehicles, this 1.26-acre corner property offers an impressive 388' feet of prime highway frontage, providing exceptional visibility, accessibility, and marketing exposure. The fully fenced in property allows two convenient access points for ingress and egress, making the property ideal for customer access, deliveries, and operational logistics. Zoned as Neighborhood Downtown (ND), this flexible mixed-use zoning designation allows for a broad range of potential commercial, residential, and mixed-use development opportunities (more information in document section). The property features roughly 6,200 square feet of total building space, including the main operational building with a reception area, two offices, three bathrooms, and a spacious 52'5'' x 32' open sewing and multi-purpose workspace. The building also includes a 43' x 44' receiving and logistics area, currently unfinished but fully equipped with its own HVAC system and two roll-up doors, offering flexible space for storage, production, or distribution operations. In addition, the property includes a separate 1,500-square-foot heated and cooled welding workshop, also equipped with roll-up doors, providing a functional workspace suitable for fabrication and mechanical uses. Read More *Newer HVACs on site and a 2019 metal roof. Located within the Millville Downtown District and just minutes from the revitalized Downtown Panama City waterfront, the property lies within a Community Redevelopment Agency district (CRA), providing potiental incentives and grant programs that may support property improvements or redevelopment. The established business currently operating on the property, is also available for purchase in conjunction with the property; however, the business valuation is separate from the advertised real estate price. Bob's Top Shop is a well-established custom awning and canvas fabrication business with deep roots in Panama City, known for producing high-quality commercial and residential awnings, marine canvas, and specialty products throughout NW Florida. With decades of brand recognition, repeat clientele, and strong community relationships, this presents a rare opportunity for an owner-operator, contractor, or investor seeking a respected local brand with continued growth potential. Whether you're interested in acquiring the property as a ready-to-go operation or exploring the many development possibilities for your own business, this highly visible and strategically positioned site offers endless opportunities. Don't wait, schedule your showing today! Parcels 22284-000-000 & 22704-000-000 being sold together. Buyer to verify all measurements. ## Location - **Address:** 2135 E 3rd Street, Panama City, FL 32401 - **County:** Bay - **Coordinates:** 30.153465, -85.632348 - **Google Maps:** https://www.google.com/maps?q=30.153465,-85.632348 ## Listing Agent - **Name:** Katilyn M Scott · **License:** 3359031 - **Brokerage:** Compass Florida, LLC - **Phone:** 8508195695 - **Broker Phone:** (305) 851-2820 ## Photos ![2135 E 3rd Street - Photo 1](http://lh.rdcpix.com/2500cecd2c59ceb0d22457f67d8a7b3fl-f1384317020r.jpg) ![2135 E 3rd Street - Photo 2](http://lh.rdcpix.com/2500cecd2c59ceb0d22457f67d8a7b3fl-f3541830595r.jpg) ![2135 E 3rd Street - Photo 3](http://lh.rdcpix.com/2500cecd2c59ceb0d22457f67d8a7b3fl-f3254579882r.jpg) ![2135 E 3rd Street - Photo 4](http://lh.rdcpix.com/2500cecd2c59ceb0d22457f67d8a7b3fl-f262372903r.jpg) ![2135 E 3rd Street - Photo 5](http://lh.rdcpix.com/2500cecd2c59ceb0d22457f67d8a7b3fl-f3062094804r.jpg) ![2135 E 3rd Street - Photo 6](http://lh.rdcpix.com/2500cecd2c59ceb0d22457f67d8a7b3fl-f2973555501r.jpg) ![2135 E 3rd Street - Photo 7](http://lh.rdcpix.com/2500cecd2c59ceb0d22457f67d8a7b3fl-f1222413053r.jpg) ![2135 E 3rd Street - Photo 8](http://lh.rdcpix.com/2500cecd2c59ceb0d22457f67d8a7b3fl-f3230624283r.jpg) ![2135 E 3rd Street - Photo 9](http://lh.rdcpix.com/2500cecd2c59ceb0d22457f67d8a7b3fl-f3109513857r.jpg) ![2135 E 3rd Street - Photo 10](http://lh.rdcpix.com/2500cecd2c59ceb0d22457f67d8a7b3fl-f941647883r.jpg) ![2135 E 3rd Street - Photo 11](http://lh.rdcpix.com/2500cecd2c59ceb0d22457f67d8a7b3fl-f1550539181r.jpg) ![2135 E 3rd Street - Photo 12](http://lh.rdcpix.com/2500cecd2c59ceb0d22457f67d8a7b3fl-f3180882240r.jpg) ![2135 E 3rd Street - Photo 13](http://lh.rdcpix.com/2500cecd2c59ceb0d22457f67d8a7b3fl-f2007777304r.jpg) ![2135 E 3rd Street - Photo 14](http://lh.rdcpix.com/2500cecd2c59ceb0d22457f67d8a7b3fl-f3520273496r.jpg) ![2135 E 3rd Street - Photo 15](http://lh.rdcpix.com/2500cecd2c59ceb0d22457f67d8a7b3fl-f1008107995r.jpg) ![2135 E 3rd Street - Photo 16](http://lh.rdcpix.com/2500cecd2c59ceb0d22457f67d8a7b3fl-f1810769102r.jpg) ![2135 E 3rd Street - Photo 17](http://lh.rdcpix.com/2500cecd2c59ceb0d22457f67d8a7b3fl-f1868793636r.jpg) ![2135 E 3rd Street - Photo 18](http://lh.rdcpix.com/2500cecd2c59ceb0d22457f67d8a7b3fl-f372753211r.jpg) ![2135 E 3rd Street - Photo 19](http://lh.rdcpix.com/2500cecd2c59ceb0d22457f67d8a7b3fl-f2107121130r.jpg) ![2135 E 3rd Street - Photo 20](http://lh.rdcpix.com/2500cecd2c59ceb0d22457f67d8a7b3fl-f1812163544r.jpg) ![2135 E 3rd Street - Photo 21](http://lh.rdcpix.com/2500cecd2c59ceb0d22457f67d8a7b3fl-f410979781r.jpg) ![2135 E 3rd Street - Photo 22](http://lh.rdcpix.com/2500cecd2c59ceb0d22457f67d8a7b3fl-f1749941157r.jpg) ![2135 E 3rd Street - Photo 23](http://lh.rdcpix.com/2500cecd2c59ceb0d22457f67d8a7b3fl-f860700268r.jpg) ![2135 E 3rd Street - Photo 24](http://lh.rdcpix.com/2500cecd2c59ceb0d22457f67d8a7b3fl-f800433238r.jpg) ![2135 E 3rd Street - Photo 25](http://lh.rdcpix.com/2500cecd2c59ceb0d22457f67d8a7b3fl-f804886913r.jpg) ![2135 E 3rd Street - Photo 26](http://lh.rdcpix.com/2500cecd2c59ceb0d22457f67d8a7b3fl-f2873088207r.jpg) ![2135 E 3rd Street - Photo 27](http://lh.rdcpix.com/2500cecd2c59ceb0d22457f67d8a7b3fl-f4047457724r.jpg) ![2135 E 3rd Street - Photo 28](http://lh.rdcpix.com/2500cecd2c59ceb0d22457f67d8a7b3fl-f2854243314r.jpg) ![2135 E 3rd Street - Photo 29](http://lh.rdcpix.com/2500cecd2c59ceb0d22457f67d8a7b3fl-f2735413133r.jpg) ![2135 E 3rd Street - Photo 30](http://lh.rdcpix.com/2500cecd2c59ceb0d22457f67d8a7b3fl-f673219616r.jpg) ![2135 E 3rd Street - Photo 31](http://lh.rdcpix.com/2500cecd2c59ceb0d22457f67d8a7b3fl-f2514381803r.jpg) ![2135 E 3rd Street - Photo 32](http://lh.rdcpix.com/2500cecd2c59ceb0d22457f67d8a7b3fl-f509152834r.jpg) ![2135 E 3rd Street - Photo 33](http://lh.rdcpix.com/2500cecd2c59ceb0d22457f67d8a7b3fl-f2264169316r.jpg) ![2135 E 3rd Street - Photo 34](http://lh.rdcpix.com/2500cecd2c59ceb0d22457f67d8a7b3fl-f3474031600r.jpg) --- **MLS#:** 1011123 | **Updated:** 2026-10-02 **Source:** listhub *Copyright © 2026 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/2135-e-3rd-street-panama-city-fl-32401-1011123) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/2135-e-3rd-street-panama-city-fl-32401-1011123#listing", "url": "https://www.propertysimple.ai/listing/2135-e-3rd-street-panama-city-fl-32401-1011123", "name": "2135 E 3rd Street, Panama City, FL 32401", "description": "388' OF PRIME HWY 98 FRONTAGE - 1.26 ACRE CORNER LOT - FLEXIBLE MIXED-USE ZONING - Position your business on one of Panama City's most visible commercial corridors! Located directly on Business Hwy 98 (E 5th Street) with an AADT of 19,300 vehicles, this 1.26-acre corner property offers an impressive 388' feet of prime highway frontage, providing exceptional visibility, accessibility, and marketing exposure. The fully fenced in property allows two convenient access points for ingress and egress, making the property ideal for customer access, deliveries, and operational logistics. Zoned as Neighborhood Downtown (ND), this flexible mixed-use zoning designation allows for a broad range of potential commercial, residential, and mixed-use development opportunities (more information in document section). The property features roughly 6,200 square feet of total building space, including the main operational building with a reception area, two offices, three bathrooms, and a spacious 52'5'' x 32' open sewing and multi-purpose workspace. The building also includes a 43' x 44' receiving and logistics area, currently unfinished but fully equipped with its own HVAC system and two roll-up doors, offering flexible space for storage, production, or distribution operations. In addition, the property includes a separate 1,500-square-foot heated and cooled welding workshop, also equipped with roll-up doors, providing a functional workspace suitable for fabrication and mechanical uses. Read More *Newer HVACs on site and a 2019 metal roof. Located within the Millville Downtown District and just minutes from the revitalized Downtown Panama City waterfront, the property lies within a Community Redevelopment Agency district (CRA), providing potiental incentives and grant programs that may support property improvements or redevelopment. The established business currently operating on the property, is also available for purchase in conjunction with the property; however, the business valuation is separate from the advertised real estate price. Bob's Top Shop is a well-established custom awning and canvas fabrication business with deep roots in Panama City, known for producing high-quality commercial and residential awnings, marine canvas, and specialty products throughout NW Florida. With decades of brand recognition, repeat clientele, and strong community relationships, this presents a rare opportunity for an owner-operator, contractor, or investor seeking a respected local brand with continued growth potential. Whether you're interested in acquiring the property as a ready-to-go operation or exploring the many development possibilities for your own business, this highly visible and strategically positioned site offers endless opportunities. Don't wait, schedule your showing today! 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