$3,200,000
Panama City, FL 32405
MLS# 786422
Status: Pending
20007 sqft
1 / 16
Property Description
Positioned along one of Panama City's most recognized commercial corridors, 704 W 15th Street represents a rare opportunity to acquire a substantial, fully improved automotive commercial property in the heart of Bay County's established dealership row. The offering consists of two contiguous parcels totaling approximately 8.09 acres. The improved parcel encompasses 2.53 acres and is developed with a professional office/showroom building and a fully equipped automotive service garage, providing immediate operational capability for a dealership, fleet operator, or service-oriented automotive business. The second parcel comprising 5.56 acres offers significant expansion potential, additional inventory staging, overflow parking, or future development -- a premium commodity in this high-demand corridor. The property sits at a prominent corner location with access from both Highway 98 (15th Street) and Florida Avenue Showcase, providing exceptional visibility and ingress/egress for high customer traffic volumes. It is centrally located amongst the other new car dealers in the county Showcase, making it an ideal home for a new or used car dealership, watercraft dealer, or any automotive-related enterprise seeking to benefit from co-tenancy with established franchise dealers. Property Highlights: Total site: ±8.09 acres across two parcels (2.53 AC improved | 5.56 AC additional) Improved parcel features office/showroom and automotive garage Corner location -- dual access from Hwy 98 (15th St) & Florida Avenue Situated within Panama City's primary automotive retail corridor Excellent visibility and high traffic counts on a major arterial highway Suited for auto dealership, powersports, watercraft, fleet, or service operations This property offers the scale, infrastructure, and strategic location rarely available in Panama City's competitive automotive market. Whether for owner/operator use, investment, or redevelopment, 704 W 15th Street delivers a compelling combination of improved facilities and raw land in one of Bay County's most active commercial destinations.
Details
Maps
Contract Info
List Price/SqFt: 159.94
List Date: 2026-03-06
List Price: $3,200,000
Current Price: $3,200,000
Sub-Type: Other
Location
Sub Area: 0203 - Bay - Central SW
Community/Resort: None
Waterfront: No
Elementary School: Northside
Middle School: Jinks
High School: Bay
Directions: From Hwy 231 South, turn Right (Westbound) on Hwy 98. Located at the intersection of 98 and Florida Ave
Area: 02 - Bay County - Central
Street #: 704
Street Direction: W
Street Name: 15th
Street Suffix: Street
State: FL
Zip Code: 32405
County: Bay
Subdivision: No Named Subdivision
Parcel ID: 14210-000-000
Legal Description: 32 3S 14W -52- 91D3 BEG 430' W BEG 430' W & 40' N OF SE COR OF SW1/4 TH W 269' N 95' NWLY 40.3' W 73.2' N 370' E 162.2' S 274' E 200' S 226' TO POB ORB 973 P 1535 ORB 1490 P 260
General Property Info
List Class: Other
Acreage: 8.09
Construction Status: Construction Complete
SqFt Tot Bldg: 20007
Year Built: 1995
Listing Info, Tax and Legal
HOA Fee: No
Remarks & Misc
Remarks: Positioned along one of Panama City's most recognized commercial corridors, 704 W 15th Street represents a rare opportunity to acquire a substantial, fully improved automotive commercial property in the heart of Bay County's established dealership row.
The offering consists of two contiguous parcels totaling approximately 8.09 acres. The improved parcel encompasses 2.53 acres and is developed with a professional office/showroom building and a fully equipped automotive service garage, providing immediate operational capability for a dealership, fleet operator, or service-oriented automotive business. The second parcel comprising 5.56 acres offers significant expansion potential, additional inventory staging, overflow parking, or future development -- a premium commodity in this high-demand corridor.
The property sits at a prominent corner location with access from both Highway 98 (15th Street) and Florida Avenue Showcase, providing exceptional visibility and ingress/egress for high customer traffic volumes. It is centrally located amongst the other new car dealers in the county Showcase, making it an ideal home for a new or used car dealership, watercraft dealer, or any automotive-related enterprise seeking to benefit from co-tenancy with established franchise dealers.
Property Highlights:
Total site: ±8.09 acres across two parcels (2.53 AC improved | 5.56 AC additional)
Improved parcel features office/showroom and automotive garage
Corner location -- dual access from Hwy 98 (15th St) & Florida Avenue
Situated within Panama City's primary automotive retail corridor
Excellent visibility and high traffic counts on a major arterial highway
Suited for auto dealership, powersports, watercraft, fleet, or service operations
This property offers the scale, infrastructure, and strategic location rarely available in Panama City's competitive automotive market. Whether for owner/operator use, investment, or redevelopment, 704 W 15th Street delivers a compelling combination of improved facilities and raw land in one of Bay County's most active commercial destinations.
Construction/Siding
Aerated Concrete: 1
Block: 1
Energy
AC - 2 or More: 1
Financing
Cash: 1
Conventional: 1
Present Zoning
Business: 1
General Commercial: 1
Accessibility Features
Accessible Approach with Ramp: 1
Floors in Unit/Home
One: 1
Heating/Cooling
AC - HVAC: 1
Transport. Access
4-Lane: 1
Median Cut: 1
Status Change Info
Status: Pending
Under Contract Date: 2026-04-20
Property Features
Accessibility Features: Accessible Approach with Ramp
Energy: AC - 2 or More
Financing: Cash; Conventional
Present Zoning: Business; General Commercial
Listing Office: Nations Real Estate, Inc
Last Updated: May - 01 - 2026
Information deemed reliable but not guaranteed.