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    Property profile & analytics

    1302 15th St Panama City, FL 32405

    • Drive through restaurants
    • 3,324 SF
    • 0.55 lot acres
    OFF-MARKET
    Value Estimation
    $575,000
    Location Intelligence
    Property ID
    US18-1770005
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Drive through restaurants

    Property Details for 1302 15th St

    Year built
    1968
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.55 lot acres
    Property size
    3,324 SF
    Zone code
    PC09
    Property type
    Drive through restaurants
    APN
    13816-000-000
    APU
    13816000000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Panama City
    County
    Bay
    State
    Florida
    Longitude
    -85.6809
    Latitude
    30.1757
    CBSA code
    37460
    CBSA name
    PANAMA CITY-LYNN HAVEN, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $8,409
    $247,715
    $268,467
    $516,182
    -
    $247,715
    $268,467
    $516,182

    Comparable in this City

    • Value Estimation
      $1,245,000
      3,461 SF

      2399 Martin Luther King Jr Blvd

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,461 SF
      2399 Martin Luther King Jr Blvd, Panama City, FL 32405
      View Details
    • Value Estimation
      $1,670,000
      5,152 SF

      2263 Martin Luther King Jr Blvd

      DRIVE-THRU RESTAURANT, FAST FOOD • 5,152 SF
      2263 Martin Luther King Jr Blvd, Panama City, FL 32405-5320
      View Details
    • Value Estimation by Request
      2,280 SF

      524 23rd St

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,280 SF
      524 23rd St, Panama City, FL 32405-5308
      View Details
    • Value Estimation by Request
      2,230 SF

      225 23rd St

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,230 SF
      225 23rd St, Panama City, FL 32405-4537
      View Details
    • Value Estimation by Request
      2,177 SF

      131 23rd St

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,177 SF
      131 23rd St, Panama City, FL 32405-4504
      View Details
    • Value Estimation
      $525,000
      2,335 SF

      226 23rd St

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,335 SF
      226 23rd St, Panama City, FL 32405-4505
      View Details

    Similar Nearby for Sale

    • Contact for pricing

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      2.1 acre property with retail building on busy Highway.
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      Prime Panama City Retail Space

      High-traffic corner lot, 5,026 SF retail building
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      Prime Panama City Commercial Land

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    Similar Nearby for Lease

    • $32 SF/Yr
      1,400 SF

      Drive-Thru Endcap Suite For Rent

      Endcap suite with drive-thru in busy shopping center.
      742 W 23Rd St, Panama City, FL 32405
      View Details
    • Contact for pricing
      3,246 SF

      Former Restaurant Space Available

      Vacant restaurant space near Panama City Mall and Tyndall AFB.
      1020 E 23Rd St, Panama City, FL 32405
      View Details
    • $15 SF/Yr
      2,830 SF

      Retail Space Near Home Depot

      Retail space available in July next to Home Depot.
      401 E 23Rd St, Panama City, FL 32405
      View Details
    • $30 SF/Yr
      200,000 SF

      New Panama City Retail Development

      200,000+ SF retail development in Panama City, Florida.
      FL-77 E 23Rd St, Panama City, FL 32405
      View Details
    • $12 SF/Yr
      5,000 SF

      Retail Space in Panama City

      Centrally located retail space near Gulf Coast Medical Center.
      105-109 W 23Rd St, Panama City, FL 32405
      View Details
    • $18 SF/Yr

      Comcast Building Retail/Office Space

      6245 SF space ideal for office or retail uses.
      4001 W 23Rd St, Panama City, FL 32405
      View Details

    Property Visit Statistics

    • Visits by month
      12.1k
    • Visitors by month
      9.1k
    • Avg Time on site
      12 min
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    1302 15th St
    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
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