$499,000
Panama City, FL 32401
MLS# 782111
2736 sqft
1 / 38
Property Description
This is PRIME Mixed-Use opportunity in the heart of Panama City, Florida! This versatile commercial property offers endless potential situated on 0.45 acres in a high-visibility, centrally-located corridor of Panama City. Zoned Mixed Use-3, this property allows for both commercial and residential uses...ideal for investors, business owners, trades, storage, flex space, or future redevelopment. Offering approximately 2,800 square feet, this property features one large warehouse divided into two units, each with separate entrances, individual electrical meters, and shared other utilities. Both units include full-size garage doors, private bathrooms, and flexible layouts to accommodate a wide range of uses. Unit B also features a convenient kitchenette. This setup is ideal for an owner investor who wishes to operate out of one unit and rent the additional unit to a tenant for an income-producing property. The property is fenced, provides ample parking, and offers excellent accessibility and visibility with its central location to downtown Panama City, Highway 231 and 15th Street. This is an incredible opportunity to purchase flexible space in a fast-growing area of Panama City, Florida! Buyer to verify all information, if deemed important.
Details
Maps
Contract Info
List Price/SqFt: 182.38
List Date: 2025-11-26
List Price: $499,000
Current Price: $499,000
Sub-Type: Other
Location
Sub Area: 0203 - Bay - Central SW
Community/Resort: None
Waterfront: No
Elementary School: Cherry Street
Middle School: Jinks
High School: Bay
Directions: Heading west on 15th Street from Panama City Beach, cross over Hathaway Bridge. Turn right onto Florida Avenue. Turn left onto 11th Street. Property is on your right.
Area: 02 - Bay County - Central
Street #: 601
Street Direction: W
Street Name: 11th
Street Suffix: Street
State: FL
Zip Code: 32401
County: Bay
Subdivision: [No Recorded Subdiv]
Parcel ID: 18150-000-000
Legal Description: 5 4S 14W -114- 92A3 COMM AT NE COR OF SW1/4 TH S 33' TO S ROW LI OF W 11TH ST TH W 70.08' ALG S ROW LI FOR POB TH LEAVE ROW LI S 162.44' W 85.16' NWLY 24.89' NWLY 148.99' TO S ROW LI OF W 11TH ST TH E 120.66' TO POB ORB 4165 P 653
General Property Info
List Class: Commercial
Site Dimensions: 123' x 163'
Acreage: 0.45
Immediate Occupancy: Yes
Construction Status: Construction Complete
# of Units: 2
SqFt Tot Bldg: 2736
Year Built: 1967
Listing Info, Tax and Legal
HOA Fee: No
Remarks & Misc
Remarks: This is PRIME Mixed-Use opportunity in the heart of Panama City, Florida!
This versatile commercial property offers endless potential situated on 0.45 acres in a high-visibility, centrally-located corridor of Panama City. Zoned Mixed Use-3, this property allows for both commercial and residential uses...ideal for investors, business owners, trades, storage, flex space, or future redevelopment.
Offering approximately 2,800 square feet, this property features one large warehouse divided into two units, each with separate entrances, individual electrical meters, and shared other utilities. Both units include full-size garage doors, private bathrooms, and flexible layouts to accommodate a wide range of uses. Unit B also features a convenient kitchenette. This setup is ideal for an owner investor who wishes to operate out of one unit and rent the additional unit to a tenant for an income-producing property.
The property is fenced, provides ample parking, and offers excellent accessibility and visibility with its central location to downtown Panama City, Highway 231 and 15th Street.
This is an incredible opportunity to purchase flexible space in a fast-growing area of Panama City, Florida! Buyer to verify all information, if deemed important.
Construction/Siding
Roof - Metal: 1
Siding - Alum Metal: 1
Siding - Metal: 1
Energy
AC - 2 or More: 1
Water Heater - Electric: 1
Financing
Cash: 1
Conventional: 1
Present Zoning
General Commercial: 1
Resid Multi-Family: 1
Other - See Remarks: 1
Utilities
Electricity - Connected: 1
Water Connected: 1
Septic Tank: 1
Sale Type
As Is: 1
Floors in Unit/Home
One: 1
Heating/Cooling
AC - Central: 1
Heat - Central Electric: 1
Transport. Access
City Road: 1
Status Change Info
Status: Active
Property Features
Energy: AC - 2 or More; Water Heater - Electric
Financing: Cash; Conventional
Present Zoning: General Commercial; Resid Multi-Family; Other - See Remarks
Sale Type: As Is
Utilities: Electricity - Connected; Water Connected; Septic Tank
Listing Office: Corcoran Reverie
Last Updated: January - 17 - 2026
Information deemed reliable but not guaranteed.