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Warehouse Property with Retail Space
For Sale
$1,825,000

2515 E 15th Street, Panama City, FL 32405

Commercial for Sale, Panama City, FL

Property Size43,615 SF
Lot Size4.50 Acres
Price / SF$41.84
Days on Market471

Property Features for 2515 E 15th Street

General Information

Property type Commercial Sale
Property subtype Other
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
Subdivision 27 - Bay County
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
Listing Agency: Keller Williams Realty SRB
Listed By: Mike Herring · License #3256219
Added: May 30, 2025 Changed: Sep 11 Last Checked: Sep 12 at 12:06AM
MLS# 977590

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 warehouse property spans 4.5+/- acres across two parcels and includes four 9100 square foot warehouses plus one 7215 square foot warehouse, totaling 43,615 square feet. The site also contains a 2186 square foot home that may be remodeled, used for management or property oversight, or removed. A granite retail storefront along 15th Street can likewise be retained for retail use or demolished for additional parking or warehouse space.

C3-A zoning includes the uses permitted under C1 and C2, including retail, transportation, warehousing, and waste management, with refrigeration products and similar refrigerated storage excluded. Maximum building height is 100 feet. The property provides room for driveways, water retention, and parking, with setbacks of 25 feet from 15th Street and 5 feet from the sides. Commercial properties are located to the east and west.

Key Highlights

  • 4.5+/- acres comprising two parcels: 14605‑000‑000 and 14606‑000‑000
  • Four (4) 9100 square foot warehouses and one (1) 7215 square foot warehouse
  • 43,615 total square feet of warehouse space

Property Analytics

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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.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

289
Businesses Nearby
Well-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Jp Storage Center Inc Redwood Ave, Panama City, FL 32401
  • Bay U-Lok-It Storage 2709 E 11th St, Panama City, FL 32401
  • Nate's Sanitation Service Annex Yard 2535 E 13th St, Panama City, FL 32401
  • Stow Pros 2726 15th St, Panama City, FL 32405
  • Ryder Truck Rental 1185 15th St, Panama City, FL 32405

Frequently Asked Questions

What type of property is this?
Warehouse - C3-A zoning supports warehouse, retail, and transportation uses.
Where is this warehouse 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 comprising two parcels: 14605‑000‑000 and 14606‑000‑000; Four (4) 9100 square foot warehouses and one (1) 7215 square foot warehouse; 43,615 total square feet of warehouse space
More about this property
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