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    1010 E 15Th St Panama City, FL 32401

    For Sale
    $125,000

    COMMERCIAL - Panama City, FL

    Lot size:
    0.26 Acres
    Days on Market:
    84
    Last Refresh:
    Dec 10 at 9:06 pm

    Property Features for 1010 E 15Th St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    16732-000-000
    Lot size
    0.26 Acres

    Think Real Estate (850) 890-6262 [email protected]

    Listing agent Cory D Brown (850) 270-4200 License #3447799

    Listing date Sep 18, 2025

    MLS# 777899 Listing URL

    Copyright © 2025 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Panama City Commercial Land Opportunity

    This .26-acre lot is zoned for commercial or residential use. It is located near the MLK Jr. Recreation Center site and historic Glenwood, minutes from Ascension Sacred Heart Bay Hospital and Downtown Panama City. The property is positioned for growth, visibility, and foot traffic.
    Property Profile Location Intelligence

    Current Use by Public Records

    Mi Casita Jalisco Mexican Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Panama City
    County
    Walton
    State
    Florida
    Longitude
    -85.64544
    Latitude
    30.174721

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    FAQs

    What type of property is this?
    Land - Commercial or residential .26-acre lot near downtown Panama City.
    Where is this land located?
    The property is located at 1010 E 15Th St Panama City, FL.
    What is the asking price?
    The asking price for this property is $125,000.
    What are key features of this property?
    This property features: - Prime location near MLK Jr. Recreation Center, historic Glenwood, Ascension Sacred Heart Bay Hospital, and Downtown Panama City.; - Zoned for both commercial and residential use, offering versatile development options.; - .26-acre lot provides ample space for building.
    (850) 270-4200
    Request Owner's contact information
    1010 E 15Th St Panama City, FL 32401
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    Panama City, FL 32401
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1010 E 15Th St Panama City, FL 32401
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