Property Attributes
- MLS#768957
- TypeCom Land
- Listing Status Closed
- CountyBay
- CityPanama City
- Area02 - Bay County - Central
- NeighborhoodMayfield
- Zip32405
- Style
- Price$ 110,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size0.58 Acres
Data Source:
Central Panhandle Association of REALTORS® (CPAR)
Property Description
Prime Commercial Corner Lot - Oak St & 15th St, Panama City, FL Property Overview: This highly visible commercial property is positioned at the corner of Oak Street and 15th Street (SR 30A/US 231 Flyover exit), offering 177 feet of frontage on Oak Street with direct visibility from 15th Street, a high-traffic corridor in Panama City, FL. Located at a strategic intersection, this site presents an unparalleled opportunity for commercial development, retail, office space, or investment. Key Highlights: ✅ Highway Visibility: Directly visible from 15th Street (SR 30A) and situated on the new US 231 Flyover exit, ensuring consistent exposure to local and through traffic. ✅ Corner Location: Maximum accessibility with ingress/egress options on Oak St. and potential cross-access points. ✅ 177 Feet of Frontage: Prime commercial exposure on Oak Street, ideal for signage and visibility. ✅ High Traffic Counts: 15th Street serves as a key commercial artery, with strong commuter and tourist traffic. ✅ Zoning & Use Potential: Suitable for retail, office space, fast food/QSR, medical, or mixed-use development. Location Advantages: 📍 Positioned in a growing commercial hub with easy access to Downtown Panama City, Callaway, and Lynn Haven. 📍 Minutes from major retail centers, government offices, and business districts. 📍 Direct connectivity to US Highway 231, a major north-south corridor linking Panama City to I-10 and beyond. Development Potential: This site offers excellent potential for single or multi-tenant commercial development, drive-thru businesses, professional services, or investment opportunities. The surrounding infrastructure improvements, including the new flyover and expansion projects, make this a prime time to secure a spot in one of Panama City's emerging commercial hotspots.
| Price History | |
|---|---|
| 9/8/2025 | Listed $210,000 |
| 4/9/2026 | 10$190,000 |
| 4/24/2026 | 21$150,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Utilities | Sewer Available |
| Property Subtype | Commercial |
| County | Bay |
| Property Type | Land |
| HOA | false |
| Subdivision Name | Mayfield |
| Special Listing Conditions | Listed As-Is |
| Status | Closed |
| Directions | Coming from Panama City Beach cross over the Hathaway Bridge and continue on U.S. Highway 98 /15th street: After crossing the bridge, stay on U.S. Highway 98 (also known as Back Beach Road) heading east. The property is about 5 miles past Hathaway. The property is located on 15th Street and Oak Ave before Jenks Ave |
| City | Panama City |
| Zoning Description | Commercial |
| MLS Area | 02 - Bay County - Central |
| Lot Size Units | Acres |
| Lot Size Square Feet | 25265 |
| MLS Area Minor | 0203 - Bay - Central SW |
| Standard Status | Closed |
| Property Sub Type Additional | Commercial,Unimproved Land |
Exterior Features
| Lot Size Area | 0.58 |
|---|---|
| Lot Size Acres | 0.58 |
| Road Surface Type | Paved |
| Road Frontage Type | City Street |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Emerald Coast Association of REALTORS®, Inc. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers
Listing data provided by: Central Panhandle Association of Realtors (CPAR)
Information deemed reliable but not guaranteed. The information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating