230 W 15th St Panama City, FL 32405
Estimated payment $1,329/month
About This Lot
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.
Property Details
Property Type
- Land
Lot Details
- 0.58 Acre Lot
- Corner Lot
- Cleared Lot
- Zoning described as Commercial
Schools
- Northside Elementary School
- Jinks Middle School
- Bay High School
Utilities
- Cable TV Available
Community Details
- No Home Owners Association
- Mayfield Subdivision
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/23/2025 04/23/25 | Price Changed | $210,000 | -4.5% | -- |
| 02/17/2025 02/17/25 | For Sale | $220,000 | -- | -- |
Source: Central Panhandle Association of REALTORS®
MLS Number: 768957
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