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Lot/land
  • $4,900,000

    W Highway 98 W, Panama City, FL 32401

    --beds
    --baths
    2.57Acres
    Unimproved Land
    Built in ----
    2.57 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Prime commercial waterfront propertyHigh-visibility site
    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.
    454 days
    |
    59
    |
    8
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    Zillow last checked:

    Listing updated:

    Listed by:

    Seamus J O'neill 850-260-5851,

    SOUTHERN WAY REALTY, INC.

    Source: CPAR,MLS#: 772654MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

      Facts & features

      Property

      Features
      • On waterfront: Yes
      • Waterfront features: Bayfront, Gulf Access
      Lot
      • Size: 2.57 Acres
      Details
      • Parcel number: 28342000000
      • Zoning description: General Commercial

      Utilities & green energy

      • Utilities for property: Sewer Available

      Community & HOA

      Community
      • Subdivision: No Named Subdivision
      HOA
      • Has HOA: No
      Location
      • Region: Panama City

      Financial & listing details

      • Date on market: 8/20/2025
      • Cumulative days on market: 455 days
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        10/13/2025Price change$4,900,000-2%
        Source: CPAR #772654 Report a problem
        8/20/2025Listed for sale$5,000,000
        Source: CPAR #772654 Report a problem
        7/30/2025Pending sale$5,000,000
        Source: CPAR #772654 Report a problem
        4/29/2025Listed for sale$5,000,000
        Source: CPAR #772654 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 32401

        Getting around

        25 / 100
        Car-Dependent
        27 / 100
        Some Transit
        34 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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