Sold
Address
230 W 15th Street, Panama City, FL
Price
$ 110,000
Property Attributes
  • MLS#768957
  • TypeCom Land
  • Listing Status Closed
  • CountyBay
  • CityPanama City
  • Area02 - Bay County - Central
  • NeighborhoodMayfield
  • Zip32405
  • Style
  • Price$ 110,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.58 Acres
Data Source:
Central Panhandle Association of REALTORS® (CPAR)
Property Description

Prime Commercial Corner Lot - Oak St & 15th St, Panama City, FL Property Overview: This highly visible commercial property is positioned at the corner of Oak Street and 15th Street (SR 30A/US 231 Flyover exit), offering 177 feet of frontage on Oak Street with direct visibility from 15th Street, a high-traffic corridor in Panama City, FL. Located at a strategic intersection, this site presents an unparalleled opportunity for commercial development, retail, office space, or investment. Key Highlights: ✅ Highway Visibility: Directly visible from 15th Street (SR 30A) and situated on the new US 231 Flyover exit, ensuring consistent exposure to local and through traffic. ✅ Corner Location: Maximum accessibility with ingress/egress options on Oak St. and potential cross-access points. ✅ 177 Feet of Frontage: Prime commercial exposure on Oak Street, ideal for signage and visibility. ✅ High Traffic Counts: 15th Street serves as a key commercial artery, with strong commuter and tourist traffic. ✅ Zoning & Use Potential: Suitable for retail, office space, fast food/QSR, medical, or mixed-use development. Location Advantages: 📍 Positioned in a growing commercial hub with easy access to Downtown Panama City, Callaway, and Lynn Haven. 📍 Minutes from major retail centers, government offices, and business districts. 📍 Direct connectivity to US Highway 231, a major north-south corridor linking Panama City to I-10 and beyond. Development Potential: This site offers excellent potential for single or multi-tenant commercial development, drive-thru businesses, professional services, or investment opportunities. The surrounding infrastructure improvements, including the new flyover and expansion projects, make this a prime time to secure a spot in one of Panama City's emerging commercial hotspots.

Price History
9/8/2025 Listed $210,000
4/9/2026 10$190,000
4/24/2026 21$150,000

General Features

Sewer Public Sewer
Utilities Sewer Available
Property Subtype Commercial
County Bay
Property Type Land
HOA false
Subdivision Name Mayfield
Special Listing Conditions Listed As-Is
Status Closed
Directions Coming from Panama City Beach cross over the Hathaway Bridge and continue on U.S. Highway 98 /15th street: After crossing the bridge, stay on U.S. Highway 98 (also known as Back Beach Road) heading east. The property is about 5 miles past Hathaway. The property is located on 15th Street and Oak Ave before Jenks Ave
City Panama City
Zoning Description Commercial
MLS Area 02 - Bay County - Central
Lot Size Units Acres
Lot Size Square Feet 25265
MLS Area Minor 0203 - Bay - Central SW
Standard Status Closed
Property Sub Type Additional Commercial,Unimproved Land

Exterior Features

Lot Size Area 0.58
Lot Size Acres 0.58
Road Surface Type Paved
Road Frontage Type City Street

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Com Land Average in 32405

Price
AVG $1.09M
$110K

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