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 waterfront land with dock, utilities, and development potential.
Lot Size1.36 Acres
Days on Market742
Property Features for 1524 E 5th Business 98 Street
General Information
- Standard status
- Active
- Lot size
- 1.36 Acres
- Property subtype
- Land or Vacant Lot
Listing agency
COASTAL SUN REALTY LLC
(850) 249-2050
Listed by
MARCO COOPER · License #3154198
Source
Corcoran
Added: Jul 12, 2024 Updated: Jul 10 at 3:46PM Checked: Jul 22 at 9:49AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of COASTAL SUN REALTY LLC
Investment Insights
Based on property information with market context.
This commercial waterfront parcel is located off Business Highway 98 and fronts Watson Bayou, adjacent to Watson Landings Marina. The property is zoned GC-2 and features road and water frontage. A new addition of 14 wet slips with custom lifts, power, and water are available. The slips have hydraulic lifts and can accommodate boats over 40 feet. Additional slips can be added. All utilities are in place, including city sewer and water, as a dwelling previously existed on the premises before a hurricane. The land includes a 250 ft seawall and a 136 ft boat dock, providing deep water access and over 250 feet of waterfront. The location and land size are suitable for building a storage facility, retail space, multi-family housing, or single-family homes, given its commercial and mixed-use zoning. The property offers easy water access to the Gulf, with an upscale marina nearby for boat fuel, storage, and goods. A new city public boat ramp is also located in close proximity. The property is zoned Special Needs and may qualify for tax incentives. Seller financing is available.
Key Highlights
- Waterfront property with 250 ft seawall and 136 ft boat dock (deep water access) on Watson Bayou, offering over 250 feet of waterfront.
- Located next to Watson Landings Marina, providing convenient access to boating services and the Gulf.
- Zoned GC‑2 (Commercial and Mixed Use), suitable for various developments.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Waterfront Land
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FAQs
What type of property is this?
Waterfront Land - Commercial waterfront land with dock, utilities, and development potential.
Where is this waterfront 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: Waterfront property with **250 ft seawall and 136 ft boat dock** (deep water access) on Watson Bayou, offering over 250 feet of waterfront.; Located next to Watson Landings Marina, providing convenient access to boating services and the Gulf.; Zoned GC‑2 (Commercial and Mixed Use), suitable for various developments.
