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3701 W Highway 98

Panama City, FL 32401
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Acres0.55

Acre(Lot)

OWNER Financing on this parcel with 30% down with a term based on term of 10 years at 6.5% with a balloon in 3 years. Property ZONED C-2 General Commercial Premier location on the 98 corridor with a strong traffic count both North and South as well as East and West. It is the first red light after descending from the Hathaway Bridge. Allowable uses on the property include business professional, retail, restaurants, auto repairs as well as multiple other uses for the property. MLS # 784646 Adjoining parcel on the west side can be purchased as well to make a larger parcel. Call listing agent for more information. High and dry parcel with good ingress and egress. The two parcels together combine for over 1 full acre and runs from street to street. Over 260' of frontage on US Hwy 98 and 130 ' of frontage on each side street. Prime location for a strong chain restaurant location. McDonalds & Dunkin Donuts are directly across the Highway.

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Detail Ic Property Details

Property Type : Land

Price : $550,000

AD Id : 75060012

MLS Id : 784718

Lot Size : 0.55 Acre(Lot)

County : Bay

Subdivision: Lee County Unincorporated

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Feature Features

  • Lot Information

    Main Square Feet: 0.55 Lot Size Acres: 0.55 Lot Size Square Feet: 23,958

    Property Information

    Subdivision: Bayview Add Source Property Type: Land MLS Area Minor: 0203 - Bay - Central SW Zoning Description: General Commercial Property SubType: Commercial

  • Listing Price Information

    Listing Price: $550000

  • Tax Information

    Parcel Number: 28397-000-000 Tax Legal Desc: BAYVIEW ADD E 1/2 LOT 1 BLK 26 ORB 4138 P 1640 79C3

  • Utility Information

    SewerAvailable
  • Location Information

    Direction: Traveling East from CPAR building go to Michigan Ave across from Dunkin Donuts and McDonalds. The property is the South West corner of Michigan and Hwy 98
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
81 Bayou Avenue, Panama City, FL, 32401 $16,500 -- -- -- 0.41 Acre(Lot)
507 Harlem Avenue, Panama City, FL, 32401 $45,000 -- -- -- 0.27 Acre(Lot)
000 Sheffield Avenue, Panama City, FL, 32401 $80,000 -- -- -- 2.04 Acres(Lot)
3504 E 5th Street, Panama City, FL, 32401 $39,900 -- -- 11,195 0.26 Acre(Lot)
3502 E 5th Street, Panama City, FL, 32401 $225,000 -- -- 21,562 0.50 Acre(Lot)
613 Powell Avenue, Panama City, FL, 32401 $17,398 -- -- -- 0.19 Acre(Lot)
135 Everitt Avenue, Panama City, FL, 32401 $86,000 -- -- 23,087 0.53 Acre(Lot)
2911 E 5th Court, Panama City, FL, 32401 $265,000 -- -- -- 0.69 Acre(Lot)
915 Everitt Avenue, Panama City, FL, 32401 $129,000 -- -- -- 1.50 Acres(Lot)
509 N James Avenue, Panama City, FL, 32401 $58,000 -- -- 6,708 0.15 Acre(Lot)

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ByOwner last updated this listing 06/15/2026 @ 10:52

MLS: 784718 LISTED BY: Andy Gonsalves, Counts Real Estate Group Inc 850-231-1483 SOURCE: CPAR

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