2810 W 15th Street, Panama City, FL 32401 (MLS# 782775)

2810 W 15th Street, Panama City, FL 32401

$425,000

Property Type: Residential Bedrooms: 6 Baths: 5 Square Footage: 2,384 Lot Size (sq. ft.): 18,295 Status: Pending

Current Price: $425,000 List Date: 12/18/2025 Last Modified: 4/03/2026

Overview

Description

Discover a prime investment opportunity in one of the most sought-after areas of Panama City, FL—Historic St. Andrews. This property is strategically located on HWY 98, the busiest road in the county. Currently, it features 4 rental units: a 3-bedroom, 2-bath home; two separate studio apartments; and one cottage with 1 bedroom and 1 bath, totaling 6 bedrooms and 5 baths. The rentals generate approximately $57,000 in annual income. Total expenses $27,000 a year. The main unit generates income of $1,500 a month. Unit 2 – $1,200 a month. Unit 3 and 4 – $450 a week. Water bill $500 a month for all 4 units. Electric – $300-$400 a month for 4 units. Solar panels – $800 a month. As Historic St. Andrews continues to grow, this property is poised for appreciation in value while providing a steady rental income. Don’t miss out — call today to schedule the showing!

Listing Details MLS# 782775

Contract Info

List Price/SqFt: 178.27

Location

Area: 02 – Bay County – Central
Street #: 2810
Street Direction: W
Street Name: 15th
Street Suffix: Street
State: FL
Zip Code: 32401
County: Bay
Sub Area: 0203 – Bay – Central SW
Subdivision: [No Recorded Subdiv]
Community/Resort: None
Waterfront: No
Parcel ID: 29504-000-000
Elementary School: Lucille Moore
Middle School: Jinks
High School: Bay
Directions: Corner of Beck avenue and South side of 15th street.
Legal Description: 36 3S 15W SE1/4 LOTS 10 & 11 & 12 LESS ST RD R/W BLK 25 ORB 4433 P 1365

General Property Info

Sub-Type: Multi Family
Design: N/A
Apx SqFt(Htd/Cooled): 2384
SqFt Source: Prop App Site
Full Baths: 5
Total Baths: 5
Year Built: 1940
Construction Status: Construction Complete
New Construction: No
Garage Y/N: No
Lot Dimensions: Irregular
Acreage: 0.42
Lot Size (SqFt): 18295
Pool: No

Status Change Info

Under Contract Date: 2026-01-29

Listing Info, Tax and Legal

HOA Fee: No
New Buyer Fee: No
Last Taxes: 5953
Last Tax Year: 2024
Brokerage Interest: No Interest

Remarks & Misc

Remarks: Discover a prime investment opportunity in one of the most sought-after areas of Panama City, FL—Historic St. Andrews. This property is strategically located on HWY 98, the busiest road in the county. Currently, it features 4 rental units: a 3-bedroom, 2-bath home; two separate studio apartments; and one cottage with 1 bedroom and 1 bath, totaling 6 bedrooms and 5 baths. The rentals generate approximately $57,000 in annual income. Total expenses $27,000 a year. The main unit generates income of $1,500 a month. Unit 2 – $1,200 a month. Unit 3 and 4 – $450 a week. Water bill $500 a month for all 4 units. Electric – $300-$400 a month for 4 units. Solar panels – $800 a month. As Historic St. Andrews continues to grow, this property is poised for appreciation in value while providing a steady rental income. Don't miss out — call today to schedule the showing!

More Information

Construction/Siding

Foundation – Slab on Grade: Yes
Wood/Frame: Yes
Roof – Dimensional Shg: Yes
Siding – Vinyl: Yes

Other Structures

Shed(s): Yes

Financing

Cash: Yes
Conventional: Yes

Furnished

Unfurnished: Yes

Lot Access

City Street: Yes
State Highway: Yes
Paved Road: Yes

Parking Features

Driveway: Yes

Rooms

Bedroom: Yes

Utilities

Electricity – Connected: Yes
Public Sewer – Connected: Yes
Public Water – Connected: Yes
Solar: Yes

Bedroom

First: Yes
Second: Yes

Cooling

Wall Unit(s): Yes

Heating

Electric: Yes

Property Features

Bedroom: First; Second Cooling: Wall Unit(s) Heating: Electric Financing: Cash; Conventional Furnished: Unfurnished Lot Access: City Street; State Highway; Paved Road Parking Features: Driveway Other Structures: Shed(s) Rooms: Bedroom Utilities: Electricity – Connected; Public Sewer – Connected; Public Water – Connected; Solar

Room Information

Room Name	Level	Dimensions	Length	Width	Remarks
Bedroom	First	12 x 12	12.00	12.00	all measurements approximate
Bedroom	First	10 x 10	10.00	10.00	all measurements approximate
Bedroom	First	10 x 10	10.00	10.00	all measurements approximate
Bedroom	First	10 x 10	10.00	10.00	all measurements approximate
Bedroom	First	10 x 10	10.00	10.00	all measurements approximate
Bedroom	Second	10 x 10	10.00	10.00	all measurements approximate

Listing Office: Coldwell Banker Realty

Last Updated: April – 03 – 2026

Information deemed reliable but not guaranteed.