$19.65 million deal transfers ownership of Panama City auto dealership

Published Mar 27, 2026

The vehicle sales and rentals business located at 959 West 15th Street in Panama City was sold on March 3, for $19.65 million, or $289 per square foot.

The commercial property has an interior space of 67,884 square feet. Built in 1987 and updated in 2009, the single-story building sits on a 7.7-acre lot and includes a 7774-square-foot garage.

The property was acquired by Panama City Realty Group LLC.