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Waterfront Land with Commercial Zoning
For Sale
$2,000,000

4423 W HIGHWAY 98, Panama City, FL 32401

Land, Panama City, FL

Property SizeContact for details
Lot Size1.68 Acres
Days on Market3198

Property Features for 4423 W HIGHWAY 98

General Information

Property type Commercial Sale
Property subtype Other
Zoning description City, Commercial, General Commercial
Subdivision No Named Subdivision
Directions Located on U.S. Highway 98 West, +/-1-mile east of the Hathaway Bridge on the south side of the Highway across from the Circle K and Suburban Suites Hotel.
Standard status Active
APN 28341-000-000
Lot size 1.68 Acres

Taxes and HOA fees

Tax Description BAYVIEW ADD LOT 3 MOATES RESERVE BLK 20 ORB 1257 P 404 ORB 1373 P 1707 ORB 1405 P 1451 79C3 ORB 2597 P 1202
Legal Description BAYVIEW ADD LOT 3 MOATES RESERVE BLK 20 ORB 1257 P 404 ORB 1373 P 1707 ORB 1405 P 1451 79C3 ORB 2597 P 1202

Utilities

Sewer type Public Sewer
Listing Agency: Counts Real Estate Group Inc
Listed By: Chris S McCall · License #0666647
Added: Dec 1, 2017 Changed: Sep 3 Last Checked: Sep 3 at 10:06PM
MLS# 665663

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 waterfront land parcel in Panama City includes 132 feet along St. Andrew Bay and is served by public sewer. The site is designated GC-2 General Commercial, with zoning that permits uses such as hotel or motel, multifamily, condominium, restaurant, retail, mixed-use, and office development.

The property sits approximately +/-1/2 mile east of the Hathaway Bridge, with views across St. Andrew Bay, the pass to the Gulf of Mexico, and Shell Island. Port Panama City, Gulf Coast State College, Florida State University Panama City Campus, and Panama City Beach are identified nearby.

Key Highlights

  • 132 feet of waterfront along St. Andrew Bay
  • GC‑2 General Commercial zoning
  • Public Sewer service

Property Analytics

Current Use

Waterfront Land

Suggested Use

Top Pick Real Estate Agency Building Supply Restaurant Pharmacy Big Box & Wholesale Store Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

294
Businesses Nearby

Demographics for 32401, FL

20,487
Population
10,239
Households
2
Avg Household Size
42
Median Age
20%
College-Educated
86%
High-School Grad
12.5 sq mi
ZIP Area
1,639
Density / Sq Mi
$49,901
Median Household Income
$35,885
Median Earnings
$1,194
Median Rent
$207,000
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Waterfront Land - GC-2 General Commercial zoning, public sewer, and waterfront frontage create a flexible commercial land profile.
Where is this waterfront land located?
The property is located at 4423 W HIGHWAY 98 Panama City, FL.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: 132 feet of waterfront along St. Andrew Bay; GC‑2 General Commercial zoning; Public Sewer service
More about this property
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