1350 15th Street, Panama City, FL 32401

$2,500,000
Property Type: Commercial for Sale Square Footage: 197,644 Status: Sold
Current Price: $2,500,000 List Date: 8/14/2013 Last Modified: 12/04/2025

Overview

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.

Listing Details MLS# 608117

Contract Info

List Price/SqFt
19.73
Sub-Type
Other

Location

Area
02 – Bay County – Central
Street #
1350
Street Name
15th
Street Suffix
Street
State
FL
Zip Code
32401
County
Bay
Sub Area
0203 – Bay – Central SW
Business Name
PANAMA PLAZA SHOPPIN
Subdivision
No Named Subdivision
Community/Resort
None
Parcel ID
13823-000-000
Directions
Northeast corner of the intersection of W 15th Street (a/k/a Hwy 98) and Lisenby Avenue.
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

Status Change Info

Under Contract Date
2013-12-15
Sold Date
2013-12-30
Sold Price/SqFt
12.65

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.

More Information

Financing

Cash
Yes

Property Features

Financing: Cash
Listing Office: Wattenbarger Management, LLC
Last Updated: December – 04 – 2025
Information deemed reliable but not guaranteed.