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Commercial Land With Warehouse Improvements
For Sale
$1,825,000

2515 E 15th Street, Panama City, FL 32405

Land, Panama City, FL

Property SizeContact for details
Lot Size4.50 Acres
Days on Market460

Property Features for 2515 E 15th Street

General Information

Property type Land
Property subtype Other
Zoning Commercial
Subdivision NO RECORDED PROJECT
Lot features Irregular
Elementary school Cedar Grove
Middle school Mowat
High school Bay
Directions From Hwy 77 (Martin Luther King, Jr. Boulevard), go East and property will be on the left side. From Transmitter or East Ave, go West and property will be on the right.
Standard status Active
APN 14605-000-000
Lot size 4.50 Acres

Taxes and HOA fees

Tax Description 34 3S 14W -3- 104D4 BEG 172.5' E & 40' N OF SW COR OF SE1/4 OF SE1/4 TH N 200' E 157.5' S 200' W 157.5' TO POB ORB 4064 P 2287
Legal Description 34 3S 14W -3- 104D4 BEG 172.5' E & 40' N OF SW COR OF SE1/4 OF SE1/4 TH N 200' E 157.5' S 200' W 157.5' TO POB ORB 4064 P 2287

Utilities

Sewer type Public Sewer
Listing Agency: Keller Williams Realty SRB
Listed By: Mike Herring · License #3256219
Added: May 30, 2025 Changed: Aug 19 Last Checked: Sep 1 at 6:06AM
MLS# 977593

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.

Investment Insights

Based on property information with market context.

This 4.5+/- acre commercial land offering includes four 9,100-square-foot warehouses and one 7,215-square-foot warehouse, totaling 43,615 square feet. The site also contains a 2,186-square-foot home that may be remodeled, removed, or retained for property oversight. An existing retail storefront along 15th Street can be converted for continued retail use or demolished to support additional parking or warehouse construction.

C3-A zoning permits a broad range of commercial activity, including retail, transportation, and warehouse uses; refrigeration-related storage is excluded. Maximum building height is 100 feet. The property has public sewer, with setbacks of 25 feet from 15th Street and 5 feet from the side boundaries. Commercial properties are located east and west of the site.

Key Highlights

  • 4.5+/- acres across two parcels: 14605‑000‑000 and 14606‑000‑000
  • Four 9,100‑square‑foot warehouses plus one 7,215‑square‑foot warehouse
  • 43,615 total square feet for warehouses

Property Analytics

Current Use

Legacy Tile and Granite Kitchen & Bath Showroom Legacy Tile General Contractor

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

289
Businesses Nearby

Demographics for 32405, FL

28,158
Population
13,585
Households
2.1
Avg Household Size
40
Median Age
29%
College-Educated
92%
High-School Grad
18.8 sq mi
ZIP Area
1,498
Density / Sq Mi
$71,002
Median Household Income
$41,867
Median Earnings
$1,418
Median Rent
$255,100
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - C3-A zoning supports retail, transportation, and warehouse uses, with public sewer serving the property.
Where is this commercial land located?
The property is located at 2515 E 15th Street 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: 4.5+/- acres across two parcels: 14605‑000‑000 and 14606‑000‑000; Four 9,100‑square‑foot warehouses plus one 7,215‑square‑foot warehouse; 43,615 total square feet for warehouses
More about this property
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