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:
1/29/2026
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!
More Information MLS# 782775
Listing Info, Tax and Legal
HOA Fee: No
New Buyer Fee: No
Last Taxes: 5953
Last Tax Year: 2024
Brokerage Interest: No Interest
Contract Info
List Price/SqFt: 178.27
Status: Pending
List Date: 2025-11-20
List Price: $425,000
Current Price: $425,000
Location
Sub Area: 0203 – Bay – Central SW
Community/Resort: None
Waterfront: No
Elementary School: Lucille Moore
Middle School: Jinks
High School: Bay
Directions: Corner of Beck avenue and South side of 15th street.
Area: 02 – Bay County – Central
Street #: 2810
Street Direction: W
Street Name: 15th
Street Suffix: Street
State: FL
Zip Code: 32401
County: Bay
Subdivision: [No Recorded Subdiv]
Parcel ID: 29504-000-000
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
Acreage: 0.42
Design: N/A
Lot Size (SqFt): 18295
Apx SqFt(Htd/Cooled): 2384
Construction Status: Construction Complete
SqFt Source: Prop App Site
Lot Dimensions: Irregular
New Construction: No
Garage Y/N: No
Pool: No
Sub-Type: Multi Family
Bedrooms: 6
Full Baths: 5
Total Baths: 5
Year Built: 1940
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!
Construction/Siding
Foundation – Slab on Grade: 1
Wood/Frame: 1
Roof – Dimensional Shg: 1
Siding – Vinyl: 1
Other Structures
Shed(s): 1
Financing
Cash: 1
Conventional: 1
Furnished
Unfurnished: 1
Lot Access
City Street: 1
State Highway: 1
Paved Road: 1
Parking Features
Driveway: 1
Rooms
Bedroom: 1
Utilities
Electricity – Connected: 1
Public Sewer – Connected: 1
Public Water – Connected: 1
Solar: 1
Bedroom
First: 1
Second: 1
Cooling
Wall Unit(s): 1
Heating
Electric: 1
Status Change Info
Under Contract Date: 2026-01-29
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
Bedroom
Level: First
Dimensions: 12 x 12
Length: 12.00
Width: 12.00
Dimensions: 12 x 12
Remarks: all measurements approximate
Bedroom
Level: First
Dimensions: 10 x 10
Length: 10.00
Width: 10.00
Dimensions: 10 x 10
Remarks: all measurements approximate
Bedroom
Level: First
Dimensions: 10 x 10
Length: 10.00
Width: 10.00
Dimensions: 10 x 10
Remarks: all measurements approximate
Bedroom
Level: First
Dimensions: 10 x 10
Length: 10.00
Width: 10.00
Dimensions: 10 x 10
Remarks: all measurements approximate
Bedroom
Level: First
Dimensions: 10 x 10
Length: 10.00
Width: 10.00
Dimensions: 10 x 10
Remarks: all measurements approximate
Bedroom
Level: Second
Dimensions: 10 x 10
Length: 10.00
Width: 10.00
Dimensions: 10 x 10
Remarks: all measurements approximate
Listing Office:
Coldwell Banker Realty
Last Updated: January – 29 – 2026
Information deemed reliable but not guaranteed.