Florida Record
Panama City
Medium PriorityDevelopmentopen

Purchase of 704 East 15th Street

Summary

The CRA is buying the old gas station site across from Glenwood Town Center for $170,500 — well under its $250,000 appraisal. A 1984 state cleanup program covers any contamination costs, and the purchase goes to the city commission March 24 and the CRA April 7.

At a glance

Total mentions
1
Last 30 days
0

Last discussed Mar 18, 2026.

Impact analysis

💰Financial impact

The CRA would spend $170,500 of Downtown North funds — about $80,000 below appraised value — with cleanup costs covered by the state.

✅Who benefits

The CRA gains a developable parcel near Glenwood Town Center at below-appraisal cost.

Mentions & discussions (1)

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