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    1619 Lisenby Ave Panama City, FL 32405

    Sponsored
    For Sale
    $425,000

    SINGLE_FAMILY - Panama City, FL

    Type:Retail
    Lot size:
    0.21 Acres
    Days on Market:
    132
    Last Refresh:
    Jan 5 at 4:06 pm

    Property Features for 1619 Lisenby Ave

    General Information

    Property type
    Residential
    Property subtype
    Retail
    Standard status
    Active
    APN
    13903-000-000
    Accessibility
    Accessible Approach with Ramp
    Appliances
    ElectricWaterHeater
    Lot size
    0.21 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air, Electric
    Water source
    Public

    Building Details

    Year built
    1961
    Floors in Building
    1
    Building materials
    Block, Stucco
    Roof type
    Metal

    Coldwell Banker Realty (850) 814-0037 [email protected]

    Listing agent Elaine G Fenster (850) 234-6696 License #3419923

    Listing date Aug 27, 2025

    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

    Established Nail Salon on Corner Lot

    The property at 1619 Lisenby Ave is currently operating as a full-service nail salon and spa named 'Celestial Nails Spa'. Established in 2016, the business is situated on a highly visible 60 x 140 corner lot in a high-traffic area. The location, just off 15th St, a main thoroughfare in Panama City, provides excellent visibility and access to a loyal clientele. The salon features 3 pedicure chairs, 4 nail stations, all necessary equipment for a nail business, a spa room suitable for waxing or eyelash services, and a separate room for a beautician or other spa services. Ample parking is available for customers. The zoning is General Commercial-1 (GC-1), which allows for various uses, including professional offices and personal services, private childcare or daycare services, grocery and convenience retail (such as beauty parlors, barber shops, laundromats, and dry cleaners), food establishments, and dance or music studios. The property includes an electric tankless water heater and updated windows. The HVAC system was updated in 2019. The 0.21-acre lot offers excellent growth potential for any business. Intended use is retail. The property is located in Bay County, Florida.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Celestial Nails Spa Nail Salon

    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
    -85.684021
    Latitude
    30.178784

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    FAQs

    What type of property is this?
    Retail space - Profitable nail salon and spa in high-traffic Panama City location.
    Where is this retail space located?
    The property is located at 1619 Lisenby Ave Panama City, FL.
    What is the asking price?
    The asking price for this property is $425,000.
    What are key features of this property?
    This property features: - High-traffic corner lot location with excellent visibility and established business (Celestial Nails Spa) with loyal clientele.; - Zoned General Commercial-1 (GC-1) allowing for a wide range of business types.; - Fully equipped nail salon and spa with 3 pedicure chairs, 4 nail stations, spa room, and separate beautician room.
    (850) 704-2051
    Request Owner's contact information
    1619 Lisenby Ave Panama City, FL 32405
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    Panama City, FL 32405
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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
    1619 Lisenby Ave Panama City, FL 32405
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