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XXX W Highway 98

Panama City, FL 32401
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Acres2.57

Acres(Lot)

Exceptional opportunity to acquire 2.57± acres of prime commercial waterfront property, strategically located in Panama City. Zoned General Commercial, this site supports a broad array of development opportunities such as retail centers, professional office complexes, service businesses, wholesale sales, shopping plazas, and more. The zoning is designed to accommodate intensive commercial activity, making it ideal for developers or investors seeking a high-potential waterfront site in a growing market. Boasting a 2024 FDOT Average Daily Traffic Count of 41,500, this high-visibility site offers unparalleled access and exposure for a wide range of commercial ventures. Situated close to major regional landmarks including Hathaway Bridge, the Port of Panama City, Gulf Coast State College, and Florida State University's Panama City campus, this property sits at the crossroads of commerce, education, and infrastructure. Don't miss this rare opportunity to develop a high-impact commercial property in one of Panama City's most accessible and dynamic locations.

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Detail Ic Property Details

Property Type : Land

Price : $4,900,000

AD Id : 64862646

MLS Id : 772654

Lot Size : 2.57 Acres(Lot)

County : Bay

Subdivision: Belle Isle Villas

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Feature Features

  • Lot Information

    Main Square Feet: 2.57 Lot Size Acres: 2.57 Lot Size Square Feet: 111,949

    Property Information

    Subdivision: No Named Subdivision Source Property Type: Land MLS Area Minor: 0203 - Bay - Central SW Zoning Description: General Commercial Property SubType: Commercial

  • Listing Price Information

    Listing Price: $4900000
    Original Price: $5000000

  • Tax Information

    Parcel Number: 28342-000-000 Tax Legal Desc: BAYVIEW ADD LOT 4 LESS E 105' & E 95' OF LOT 5 & PCL OF SUB LAND LYING S OF BLK 20 ORB 3736 P 940 and BAYVIEW ADD E 105' LOT 4 BLK 20 ORB 3736 P 940

  • Utility Information

    SewerAvailable
  • Location Information

    Direction: Located on U.S. Hwy 98 West, 1+/- miles east of the Hathaway Bridge on the south side of the highway across from the Circle K and Suburban Suites Hotel
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Nearby Home Value

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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)

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 06/22/2026 @ 03:21

MLS: 772654 LISTED BY: Seamus O'neill, SOUTHERN WAY REALTY, INC. 850-638-5222 SOURCE: CPAR

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