1707 15Th StPanama City, FL 32401

  • Land
  • 0.24 AC
For Sale
$139,000 View listing

Property Details for 1707 15Th St

Lot size
0.24 AC
Zone code
PC09
Property type
Land
Property subtype
Commercial land
APN
18969-000-000
APU
18969000000

Description

This exceptional 0.238-acre commercial land parcel presents a remarkable investment opportunity in Panama City Beach, Florida. Located at 1707 W 15th Street, this 10,454 square foot lot boasts 80 feet of frontage on a high-traffic corridor, experiencing an impressive annual average of over 35,000 vehicles per day. Its dimensions measure 80 feet wide by 130 feet deep, providing ample space for a variety of commercial developments. The property is completely vacant, free from existing structures, simplifying development plans. The seller is prepared to clear the land upon execution of a purchase contract, further streamlining the process for the buyer. Situated in Bay County, Florida, with the zip code 32401, this property offers excellent visibility and accessibility, making it an ideal location for businesses seeking high exposure. The asking price for this strategically located commercial land is $139,000. Don't miss this chance to acquire a prime piece of real estate in a thriving coastal community.

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,178,026
    Hospitality
    $1,995,060
    Educational
    $1,659,867
    Medical
    $1,716,952
    Retail
    $2,582,015
1707 15Th St, Panama City, Florida

Location Insight

City
Panama City
County
Bay
State
Florida
Latitude
30.1751
Longitude
-85.6875
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
$1,623
$107,120
-
$107,120
-
$107,120
-
$107,120

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