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Harrison Lilly Team

Owner/Operator | Harrison Lilly Emerald Coast | Harrison Lilly Realty | PLACE

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101 Medical Center Dr , Panama City, FL 32405
$125,000
Est. Payment: $690.61/mo
0.33 Acres
Status: Active | Days on site: 5
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Harrison Lilly Team
Owner/Operator

House Description

Prime commercial development opportunity at **101 Medical Center Dr in Panama City, Florida**, purchasable separate on as a package with 103 Medical Center Dr (MLS# 795140). ideally positioned within the established medical corridor surrounding HCA Florida Gulf Coast Hospital. This vacant commercial lot offers an excellent setting for a **medical office, outpatient clinic, surgical center, specialty practice, diagnostic facility, or other professional healthcare-related use**, subject to applicable zoning and development approvals. Location is a major advantage. HCA Florida Gulf Coast Hospital is located at **449 W. 23rd Street** and is a 282-bed acute-care hospital offering a broad range of services, including surgery, cardiology, orthopedics, neurology, emergency care, women's services, imaging, rehabilitation and other specialties. The surrounding area has developed into one of Panama City's most recognizable concentrations of healthcare providers and medical services. The property's Medical Center Drive location provides convenient access to the hospital campus as well as the heavily traveled **23rd Street commercial corridor**, placing future patients, employees and healthcare professionals within easy reach of restaurants, retail, pharmacies, banking and other everyday services. For a physician group, healthcare provider or developer searching for a location where the address itself complements the intended use, **101 Medical Center Dr presents a compelling opportunity to establish a new medical or professional facility near one of Bay County's major hospitals.**

Highlights

Listed by Jonathan Claunch , 850-704-5756 Beachy Beach Real Estate , 850-532-6262. Bay County Association of REALTORS

Property Type

Vacant Land

Lot/Acreage
0.33

County

Bay

Area

02 - Bay County - Central

Neighborhood

No Named Subdivision

Listing ID

795137

Questions about this listing?

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Interior Features

Exterior Features

Zoning:General Commercial
Sewer:Public Sewer
Principal Interest
$691
Taxes
$80

Home Price

$125,000

Loan Details

30 yrs
7.374%

Down Payment

20%
$25,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$690.61

Principal

Taxes

Principal Taxes HOA Total
Monthly $690.61 $79.69 $0.00 $770.29
Yearly $8,287.28 $956.25 $0.00 $9,243.53
Total $248,618.52 $28,687.50 $0.00 $277,306.02

Today's Rates

30 Year

7.37%

20 Year

7.27%

15 Year

6.8%

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Market insight data is pulled from the same city as the listing being viewed (Panama City, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bay County Association of REALTORS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-10-07T08:26:25.000Z

© 2026 Bay County Association of REALTORS