$850,000
Panama City, FL 32405
MLS# 756697
Status: Sold
4918 sqft
1 / 28
Property Description
Nestled on the bustling 15th Street, near the vibrant St. Andrews area of Panama City, this commercial gem offers unparalleled opportunities. Spanning 1.1+/- acres on a corner lot, the property features a versatile commercial building totaling 4,918 square feet, with 2,806 square feet heated and cooled. Additionally, a spacious laydown yard at the rear of the property houses a 60'x60' red iron building, perfect for storage or workshop needs. Benefit from exceptional visibility and accessibility, courtesy of an impressive Annual Average Daily Traffic count of 40,000. Zoned C-1, this property offers flexibility for various commercial endeavors, whether it's retail or office space. Explore the potential of this esteemed establishment today and position your business for success in the heart of Panama City's dynamic commercial landscape.
Details
Maps
Contract Info
List Price/SqFt: 254.17
List Date: 2024-04-15
List Price: $1,250,000
Current Price: $850,000
Sub-Type: Auto Repair
Location
Sub Area: 0203 - Bay - Central SW
Community/Resort: None
Waterfront: No
Elementary School: Lucille Moore
Middle School: Jinks
High School: Bay
Directions: From the intersection of 23rd St. and Frankford Ave., head South on Frankford Ave. to 15th St.. Turn right on 15th St. and take to property on right.
Area: 02 - Bay County - Central
Street #: 2320
Street Direction: W
Street Name: 15th
Street Suffix: Street
State: FL
Zip Code: 32405
County: Bay
Subdivision: No Named Subdivision
Parcel ID: 29545-000-000
Legal Description: 36 3S 15W SE1/4 LOTS 10,11,12,13,14 & W 40' LOTS 7,8,9 & SUBJ TO SR RW BLK 30 ORB 1374 P 1287
General Property Info
List Class: Commercial
Acreage: 1.09
Construction Status: Construction Complete
Frontage Ft: 179
SqFt Tot Bldg: 4918
Lot Depth: 326
Lot SqFt: 47480
Year Built: 1946
Listing Info, Tax and Legal
HOA Fee: No
Remarks & Misc
Remarks: Nestled on the bustling 15th Street, near the vibrant St. Andrews area of Panama City, this commercial gem offers unparalleled opportunities. Spanning 1.1+/- acres on a corner lot, the property features a versatile commercial building totaling 4,918 square feet, with 2,806 square feet heated and cooled. Additionally, a spacious laydown yard at the rear of the property houses a 60'x60' red iron building, perfect for storage or workshop needs.
Benefit from exceptional visibility and accessibility, courtesy of an impressive Annual Average Daily Traffic count of 40,000. Zoned C-1, this property offers flexibility for various commercial endeavors, whether it's retail or office space.
Explore the potential of this esteemed establishment today and position your business for success in the heart of Panama City's dynamic commercial landscape.
Status Change Info
Sold Price/SqFt: 172.83
Sold Price/Acre: 779816.51
Status: Sold
Under Contract Date: 2025-06-24
Sold Date: 2025-07-10
Sold Price: $850,000
Construction/Siding
Block: 1
Floor - Concrete: 1
Floor - Terazzo: 1
Roof - Flat: 1
Siding - Stucco: 1
Energy
AC - Central Elect: 1
Heat - Central Electric: 1
Other Structures
Other: 1
See Remarks: 1
Financing
Cash: 1
Conventional: 1
Present Zoning
City: 1
Commercial: 1
Utilities
Electricity - Connected: 1
Public Sewer - Connected: 1
Water Connected: 1
Sale Type
As Is: 1
Business/Property
Freestanding Building: 1
Handicapped Access: 1
Floors in Unit/Home
One: 1
Heating/Cooling
AC - Central: 1
Heat - Central Electric: 1
Transport. Access
4-Lane: 1
Center Turn Lane: 1
Paved: 1
Property Features
Energy: AC - Central Elect; Heat - Central Electric
Financing: Cash; Conventional
Other Structures: Other; See Remarks
Present Zoning: Commercial
Sale Type: As Is
Utilities: Electricity - Connected; Public Sewer - Connected; Water Connected
Listing Office: Performance Realty
Last Updated: July - 11 - 2025
Information deemed reliable but not guaranteed.