2320 W 15th Street, Panama City, FL 32405

$850,000
Property Type: Commercial for Sale Square Footage: 4,918 Lot Size (sq. ft.): 47,480 Status: Sold
Current Price: $850,000 List Date: 5/06/2024 Last Modified: 7/11/2025

Overview

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.

Listing Details MLS# 756697

Contract Info

List Price/SqFt
254.17
Sub-Type
Auto Repair

Location

Area
02 – Bay County – Central
Street #
2320
Street Direction
W
Street Name
15th
Street Suffix
Street
State
FL
Zip Code
32405
County
Bay
Sub Area
0203 – Bay – Central SW
Subdivision
No Named Subdivision
Community/Resort
None
Waterfront
No
Parcel ID
29545-000-000
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.
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
Construction Status
Construction Complete
Acreage
1.09
Frontage Ft
179
Lot Depth
326
Lot SqFt
47480
SqFt Tot Bldg
4918
Year Built
1946

Status Change Info

Under Contract Date
2025-06-24
Sold Date
2025-07-10
Sold Price/SqFt
172.83
Sold Price/Acre
779816.51

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.

More Information

Construction/Siding

Block
Yes
Floor – Concrete
Yes
Floor – Terazzo
Yes
Roof – Flat
Yes
Siding – Stucco
Yes

Energy

AC – Central Elect
Yes
Heat – Central Electric
Yes

Other Structures

Other
Yes
See Remarks
Yes

Financing

Cash
Yes
Conventional
Yes

Present Zoning

City
Yes
Commercial
Yes

Utilities

Electricity – Connected
Yes
Public Sewer – Connected
Yes
Water Connected
Yes

Sale Type

As Is
Yes

Business/Property

Freestanding Building
Yes
Handicapped Access
Yes

Floors in Unit/Home

One
Yes

Heating/Cooling

AC – Central
Yes
Heat – Central Electric
Yes

Transport. Access

4-Lane
Yes
Center Turn Lane
Yes
Paved
Yes

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.