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    2629 E 15Th St Panama City, FL 32405

    For Sale
    $1,295,000

    COMMERCIAL - Panama City, FL

    Lot size:
    2.24 Acres
    Days on Market:
    12
    Last Refresh:
    Dec 13 at 10:06 pm

    Property Features for 2629 E 15Th St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    14617-010-000
    Lot size
    2.24 Acres

    Utilities

    Sewer type
    Public Sewer

    Full Sail Realty of Northwest Florida (850) 819-4961 [email protected]

    Listing agent Patrick T Casey (877) 578-7245 License #sl3370190

    Listing date Dec 2, 2025

    MLS# 728866 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

    Prime Commercial Corner Lot

    This 2.24-acre corner lot is located in the central Panama City area, offering high visibility with over 30,000 cars passing daily. Zoned General Commercial C3, the property accommodates most businesses without additional zoning considerations. It features ingress and egress from both Hwy 98 and East Ave. The location is situated in the Hwy 98 growth corridor, which is associated with the expansion of Tyndall Airforce Base expected over the next 2 to 5 years. The property also borders East Ave, a major highway that directs traffic to Hwy 231 and Lynn Haven. A storage building is present on the property, which requires repair but can be utilized with minimal effort. This vacant corner location presents an opportunity to build a new business.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Panama City
    County
    Walton
    State
    Florida
    Longitude
    -85.625677
    Latitude
    30.175692

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    FAQs

    What type of property is this?
    Commercial land - High-traffic corner lot in central Panama City growth corridor.
    Where is this commercial land located?
    The property is located at 2629 E 15Th St Panama City, FL.
    What is the asking price?
    The asking price for this property is $1,295,000.
    What are key features of this property?
    This property features: - High-traffic corner location with over 30,000 cars per day.; - General Commercial C3 zoning allows most businesses.; - Located in the Hwy 98 growth corridor associated with Tyndall Airforce Base expansion.
    (877) 578-7245
    Request Owner's contact information
    2629 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
    2629 E 15Th St Panama City, FL 32405
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