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$1,200,000
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Property Description
Prime Commercial Opportunity in Panama City Beach - Location, Visibility, and High Traffic - All in One Package This high-visibility commercial property perfectly situated in the heart of Panama City Beach, less than 1/4 mile from the shoreline and nestled in one of the area's busiest retail corridors. This strategic location offers unmatched exposure with steady year-round vehicle and pedestrian traffic, driven by a mix of tourists, beachgoers, and locals. Whether you're launching a retail storefront, restaurant, service business, or professional office, this site delivers the ideal environment to attract and retain customers. Key Features: Premier Location: Just 1 block from the beach, with easy access to major roads and public parking High-Traffic Visibility: Surrounded by well-known hotels, restaurants, and popular beach attractions Flexible Zoning: Accommodates a range of commercial uses Well-Established Area: Located in a thriving commercial district frequented by tourists and locals alike Excellent Signage Potential: Maximize brand exposure to foot and drive-by traffic. Don't miss this opportunity to do business at the beach!
Full Property Details
Full Property Details for 515 Evergreen St
General
- Price: $1,200,000
- Status: Active
- Type: Commercial
- Source: Bay_County
- MLS ID: 776565
- Updated: 12/2/2025
- Added to Site: 180 day(s) ago
Parking
- Parking Features: Paved
Location
- County: Bay
- Subdivision: Hutchison's 1st To Bahama Bch
- Driving Directions: From bridge, go West on Panama City Beach Parkway, turn left on Clara Avenue. Turn right on Hutchison Blvd (Middle Beach Road), property on right at the corner of Evergreen and Hutchison Blvd.
School Information
- Elementary School: Hutchison Beach
- Middle School: Surfside
- High School: Arnold
Community
- Community Name: 03 - Bay County - Beach
Heating & Cooling
- Air Conditioning: Yes
Structural Information
- Year Built: 2002
Lot Features
- Lot Size (Acres): 0.22
- Lot Size (Sq. Ft.): 9,583.2
- Lot Size: .22
- Zoning: Commercial
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: HUTCHISON'S 1ST ADD. LOT 8 & BEG NW COR LOT 9 TH S 18' EL Y ON N RW OF NEW SR 392A TO E LI LOT 9 TH N 25' W ON N LI LOT 9 TO POB ORB 442 P 705 ORB 445 P 286 ORB 500 P 200 ORB 1952 P 2180 BLK 3 ORB 3106 P 745
- Property ID: 34198-000-000
Listed by Gulf Life Real Estate Inc
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Schools
Schools serving 515 Evergreen St
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Hutchison Beach Elementary School 12900 Middle Beach Rd, Panama City, FL 32407 | K-5 | 0.2 mi |
Surfside Middle School 300 Nautilus Street, Panama City Beach, FL 32413 | 6-8 | 1 mi |
J.R. Arnold High School 550 North Alf Coleman Road, Panama City Beach, FL 32407 | 9-12 | 1.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 515 Evergreen St
Date
Details
Price
Change
Source
7/21/2025
Listed
$1,200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 515 Evergreen St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,772
6%
$308,788
7%
2023
$3,565
31%
$288,519
30%
2021
$2,729
-12%
$221,140
-22%
2022
$3,093
13%
$283,318
36%
2021
$2,729
8%
$208,136
3%
2019
$2,533
-3%
$201,672
-1%
2018
$2,601
6%
$204,192
-1%
2017
$2,461
—
$205,452
-1%
2016
$2,467
-4%
$206,712
-1%
2015
$2,572
15%
$209,232
15%
2014
$2,246
9%
$181,938
-1%
2013
$2,052
—
$182,884
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 515 Evergreen St
515 Evergreen Street, Panama City Beach, FL 32407 (MLS# 776565) is a Commercial property. 515 Evergreen Street is currently listed for $1,200,000 and was received on July 22, 2025. Want to learn more about 515 Evergreen Street? Do you have questions about finding other Commercial real estate for sale in Panama City Beach? You can browse all Panama City Beach real estate or contact a Coldwell Banker agent to request more information.

