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Harrison Lilly

Owner/Operator | Harrison Lilly Emerald Coast | Harrison Lilly Realty | PLACE

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1623 W 15th St , Panama City, FL 32401
$850,000
Est. Payment: $4,311.04/mo
0 Bed
0 Bath
3512 Sqft
Status: active | Days on site: 15
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Harrison Lilly
Owner/Operator

House Description

Seize the opportunity to own a premier commercial property situated on a high-traffic corner lot along the bustling Highway 98 in Panama City. With 125 feet of prime frontage and a substantial property depth of 300 feet, this CG-2 zoned lot is located in one of the highest volume traffic count areas, boasting an average daily traffic count of close to 40,000. The site covers a little under 1 acre and offers unparalleled visibility and accessibility for any business. The property features a well-appointed lounge interior with a stunning 30-foot solid wood bar that is stained, sealed, and fully equipped with all necessary amenities. The exterior deck area, spanning 1,184 square feet, offers a versatile space for outdoor events or dining. This property also boasts modern infrastructure with significant recent upgrades: the roof was replaced in 2018, one air conditioning unit was replaced in 2021, and the other in 2023. Additionally, the main waterline and sewer line to and from the building were replaced in 2022. This could be an unbelievable redevelopment site, as the majority of the property is cleared. Perfect for retail, office, or service-oriented businesses seeking a high-profile location with substantial amenities, this is a prime opportunity to enhance your business presence in a thriving commercial area.

Highlights

Listed by Zack Seltzer , 850-235-0578 Seltzer Real Estate, LLC , 850-235-0578. Bay County Association of REALTORS

Property Type

Commercial Sale

Lot/Acreage
0.86

Year Built

1969

County

Bay

Area

02 - Bay County - Central

Neighborhood

[No Recorded Subdiv]

Listing ID

793611

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Floor:Carpet,Tile

Exterior Features

Roof:Composition,Pitched,Shingle
Sewer:Public Sewer
Principal Interest
$4,311
Taxes
$542

Home Price

$850,000

Loan Details

30 yrs
6.529%

Down Payment

20%
$170,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$4,311.04

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,311.04 $541.88 $0.00 $4,852.91
Yearly $51,732.48 $6,502.50 $0.00 $58,234.98
Total $1,551,974.26 $195,075.00 $0.00 $1,747,049.26

Today's Rates

30 Year

6.53%

20 Year

6.33%

15 Year

5.93%

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Market insight data is pulled from the same city as the listing being viewed (Panama City, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bay County Association of REALTORS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-20T06:33:19.000Z

© 2026 Bay County Association of REALTORS