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    5400 Highway 98 E Panama City, FL 32404

    Picture of Commercial land at Highway 98 E 5400, Panama City, FL
    For Sale
    $1,250,000

    LAND - Panama City, FL

    Lot size:
    2.33 Acres
    Days on Market:
    97
    Last Refresh:
    Dec 12 at 1:06 am

    Property Features for 5400 Highway 98 E

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    APN
    25799-000-000
    Lot size
    2.33 Acres

    Utilities

    Sewer type
    Public Sewer

    Beach Sunsets, Inc. (850) 865-9070 [email protected]

    Listing agent Barney R Manuel (225) 603-6111 License #485762

    Listing date Sep 7, 2025

    Copyright © 2025 Emerald Coast 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.

    Overview

    Commercial Land on Highway 98

    This offering includes two separate parcels of commercial land, with Parcel #2 (25798-020-000) included in the sale. The property, totaling 2.33 acres, is zoned for commercial use and is located on a high-traffic corner directly on Highway 98 in Panama City, Florida.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Panama City
    County
    Walton
    State
    Florida
    Longitude
    -85.592141
    Latitude
    30.127571

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    FAQs

    What type of property is this?
    Commercial land - Commercial land on high-traffic corner of Highway 98.
    Where is this commercial land located?
    The property is located at 5400 Highway 98 E Panama City, FL.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: - High traffic corner location on Hwy 98; - Zoned commercial; - Includes 2 separate parcels
    (225) 603-6111
    Request Owner's contact information
    5400 Highway 98 E Panama City, FL 32404
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    Panama City, FL 32404
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5400 Highway 98 E Panama City, FL 32404
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