1350 15th Street, Panama City, FL 32401

$2,500,000
Property Type: Commercial for Sale Square Footage: 197,644 Status: Sold
Current Price: $3,900,000 List Date: 8/14/2013 Last Modified: 12/04/2025

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.

More Information MLS# 608117

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.