$2,500,000
Panama City, FL 32401
MLS# 608117
Status: Sold
197644 sqft
1 / 2
Property Description
Panama Plaza Shopping Center available for sale. Priced at a fraction of replacement cost. Asking $19.73/sf. 176,186 +/- square feet of GLA situated on 14.23 +/- acres. Repositioning opportunity with substantial up-side potential for the value-add investor.
Details
Maps
Contract Info
List Price/SqFt: 19.73
List Date: 2013-04-10
List Price: $3,900,000
Current Price: $2,500,000
Sub-Type: Other
Location
Sub Area: 0203 - Bay - Central SW
Community/Resort: None
Business Name: PANAMA PLAZA SHOPPIN
Directions: Northeast corner of the intersection of W 15th Street (a/k/a Hwy 98) and Lisenby Avenue.
Area: 02 - Bay County - Central
Street #: 1350
Street Name: 15th
Street Suffix: Street
State: FL
Zip Code: 32401
County: Bay
Subdivision: No Named Subdivision
Parcel ID: 13823-000-000
Legal Description: 31 3S 14W -40- 91C4 OLD 54A S1/2 OF W1/2 OF W1/2 OF SE1/4 LESS RD R/W & LESS PCLS ORB 3003 P 917 The legal description shown here may be condensed for assessment purposes. Exact description may be obtained from the recorded deed.
General Property Info
List Class: Commercial
SqFt Tot Bldg: 197644
Year Built: 1963
Listing Info, Tax and Legal
HOA Fee: No
Remarks & Misc
Remarks: Panama Plaza Shopping Center available for sale. Priced at a fraction of replacement cost. Asking $19.73/sf. 176,186 +/- square feet of GLA situated on 14.23 +/- acres. Repositioning opportunity with substantial up-side potential for the value-add investor.
Status Change Info
Sold Price/SqFt: 12.65
Status: Sold
Under Contract Date: 2013-12-15
Sold Date: 2013-12-30
Sold Price: $2,500,000
Financing
Cash: 1
Property Features
Financing: Cash
Listing Office: Wattenbarger Management, LLC
Last Updated: December - 04 - 2025
Information deemed reliable but not guaranteed.