2810 W 15th Street Panama City, FL 32401
Four rental units in Panama City's Historic St. Andrews.
Type:Commercial
Property size:
2,384 SFLot size:
0.42 AcresPrice / SF:
$178/SF- Added:
- Nov 21, 2025
- Days on Market:
- 158
- Last Refresh:
- Apr 5 at 9:17 pm
Property Features for 2810 W 15th Street
General Information
- Standard status
- Active
- Size
- 2,384 SF
- Lot size
- 0.42 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1940
Listing agent FRANK TRENHOLM
Listing office COLDWELL BANKER REALTY (850) 234-6696
Listing date Nov 21, 2025
Source Corcoran
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of COLDWELL BANKER REALTY
Overview
Historic St. Andrews Investment Opportunity
Located in the Historic St. Andrews area of Panama City, FL, this property presents an investment opportunity. Situated on HWY 98, the property features four rental units. These include a 3-bedroom, 2-bath home; two studio apartments; and a cottage with 1 bedroom and 1 bath. In total, there are 6 bedrooms and 5 baths. The rentals generate approximately $57,000 in annual income, with total expenses of $27,000 per year. The main unit generates $1,500 per month, while Unit 2 generates $1,200 per month. Units 3 and 4 generate $450 per week. The water bill is $500 per month for all four units, and the electric bill ranges from $300 to $400 per month for all four units. Solar panels cost $800 per month. The property is 2384 square feet. As Historic St. Andrews grows, the property is positioned for appreciation while providing rental income.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Multifamily properties
Location Insight
- Map
- Local Demand
- City
- Panama City
- County
- Walton
- State
- Florida
- Longitude
- -85.7003
- Latitude
- 30.1757
Nearby Similar for Sale
FAQs
What type of property is this?
Multifamily property - Four rental units in Panama City's Historic St. Andrews.
Where is this multifamily property located?
The property is located at 2810 W 15th Street 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: Prime investment opportunity in Historic St. Andrews, Panama City, FL.; Located on HWY 98, the busiest road in the county.; Features **4 rental units**: a 3‑bedroom, 2‑bath home; two studio apartments; and a 1‑bedroom, 1‑bath cottage (6 bedrooms, 5 baths total).
