Waterfront Commercial Land For
1524 E 5th Business 98 Street Panama City, FL 32401
1524 E 5th Business 98 Street, Panama City, FL, 32401
$1,850,000
For Sale
$1,850,000
COMMERCIAL - Panama City, FL
Lot Size1.36 Acres
Days on Market740
Property Features for 1524 E 5th Business 98 Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- 22235-000-000
- Lot size
- 1.36 Acres
Taxes and HOA fees
- Tax Description
- 10 4S 14W -5- 81A BEG 900' E OF SW COR OF NW1/4 OF NW1/4 TH NWLY 175' ALG S BDRY RD 10 TH SLY AT RT ANGLE TO WATER THSELY ON BAYOU TO PT S OF BEG TH N TO BEG ORB 3510 P 1713
Utilities
- Sewer type
- Public Sewer
- Water front features
- Seawall
- Water front
- 1
Listing agency
Coastal Sun Realty LLC
(850) 249-2050
Listed by
Marco Cooper · License #3154198
(850) 832-1266
Added: Jul 12, 2024 Updated: May 14 at 12:52PM Checked: Jul 21 at 11:06AM
MLS# 759811
Copyright © 2026 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This commercial waterfront parcel, zoned GC-2, is located off Business Highway 98 and fronts Watson Bayou, adjacent to the Watson Landings Marina. The property includes a 136-foot-long boat dock providing deep water access, and a seawall measuring 250 feet. The marina features 14 wet slips with hydraulic lifts, power, and water, with the potential to add more slips. The site has existing utilities, including city sewer and water, remnants of a previous dwelling that existed before a hurricane. The 1.36-acre land is suitable for various developments, including a storage facility, retail space, multi-family housing, or single-family homes, due to its commercial and mixed-use zoning. The location provides easy water access to the Gulf, with an upscale marina nearby for fuel, storage, and goods. A new city public boat ramp is also located in close proximity. The property is zoned Special Needs, offering potential tax incentives.
Key Highlights
- Prime waterfront location on Watson Bayou with deep‑water access to the Gulf.
- Zoned GC‑2, suitable for various developments.
- Existing infrastructure: seawall (250 ft), boat dock (136 ft), utilities (city sewer and water).
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Commercial land
Similar For Sale Nearby
FAQs
What type of property is this?
Commercial land - Commercial waterfront parcel with dock, utilities, and development potential.
Where is this commercial land located?
The property is located at 1524 E 5th Business 98 Street Panama City, FL.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: Prime waterfront location on Watson Bayou with deep‑water access to the Gulf.; Zoned GC‑2, suitable for various developments.; Existing infrastructure: seawall (250 ft), boat dock (136 ft), utilities (city sewer and water).
