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    2515 E 15Th St Panama City, FL 32405

    Sponsored
    For Sale
    $1,825,000

    LAND - Panama City, FL

    Lot size:
    4.50 Acres
    Days on Market:
    13
    Last Refresh:
    Jan 5 at 2:06 pm

    Property Features for 2515 E 15Th St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    APN
    14605-000-000
    Lot size
    4.50 Acres

    Utilities

    Sewer type
    Public Sewer

    Keller Williams Realty- Emerald Coast (850) 654-2900 [email protected]

    Listing agent Mike Herring (850) 321-0917 License #3256219

    Listing date Dec 24, 2025

    Copyright © 2026 Emerald Coast 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 Land Opportunity

    Available for sale is a 4.5+/- acre property comprising two parcels. The flexible C3-A zoning allows for diverse investment and financial opportunities, encompassing all uses permitted in C1 and C2 zones. These include retail, transportation, and warehouses, with the exception of refrigeration product storage. The maximum building height allowed is 100 feet. The property currently features four 9,100 square foot warehouses and one 7,215 square foot warehouse, totaling 43,615 square feet of warehouse space. Ample space is available for driveways, water retention, and parking. A 2,186 square foot home is located on the property, which can be remodeled for rental income or used as a residence for management or property oversight. Alternatively, it can be demolished to create additional parking or warehouse space. There is an option to demolish the existing granite retail storefront on 15th Street or convert it into a retail space. The retail space could also serve as a check-in area for management if a storage facility is constructed. Setbacks are 25 feet from 15th Street and 5 feet from the sides. Commercial properties are situated to the east and west of the property.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Legacy Tile and Granite Countertop Store Legacy Tile Flooring Contractor

    Suggested Use

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

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

    Similar Places Nearby

    Consolidated Storage, Jp Storage Center Inc, J & P Self Services Storage, Climate Control Storage Unit, Van Horn Transfer And Storage Company

    Location Insight

    • Map
    • Local Demand
    City
    Panama City
    County
    Walton
    State
    Florida
    Longitude
    -85.628238
    Latitude
    30.175306

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    FAQs

    What type of property is this?
    Warehouse - 4.5 acre commercial property with flexible zoning.
    Where is this warehouse located?
    The property is located at 2515 E 15Th St Panama City, FL.
    What is the asking price?
    The asking price for this property is $1,825,000.
    What are key features of this property?
    This property features: - 5+/- acres with flexible C3-A zoning, ideal for retail, transportation, warehouses, and more.; - Existing infrastructure includes four 9100 sq ft warehouses and one 7215 sq ft warehouse totaling 43,615 sq ft.; - Investment opportunity with financial gain potential thanks to flexible zoning and existing structures.
    (850) 321-0917
    Request Owner's contact information
    2515 E 15Th St 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
    2515 E 15Th St Panama City, FL 32405
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