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Waterfront Commercial Land
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 Market3201

Property Features for 4423 W Highway 98

General Information

Property type Land
Property subtype Other
Zoning Commercial
Lot features Cleared
Elementary school Oakland Terrace
Middle school Jinks
High school Bay
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.
Subdivision 27 - Bay County
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

Water front 1
Listing Agency: Counts Real Estate Group Inc
Listed By: Christopher S McCall · License #666647
Added: Dec 1, 2017 Changed: Aug 19 Last Checked: Sep 6 at 4:06AM
MLS# 909416

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This 132-foot waterfront parcel on St. Andrew Bay encompasses land zoned GC-2 General Commercial. The zoning supports multiple documented use categories, including hotel or motel, multifamily, condominium, restaurant, retail, mixed-use, and office applications. The property also looks across St. Andrew Bay, the Pass to the Gulf of Mexico, and Shell Island.

The site is positioned approximately +/-1/2 mile east of the Hathaway Bridge in Panama City. Port Panama City, Gulf Coast State College, Florida State University Panama City Campus, and Panama City Beach are identified nearby. The combination of bay frontage, commercial zoning, and proximity to these area destinations defines the property's principal physical and locational characteristics.

Key Highlights

  • 132 feet on St. Andrew Bay
  • 1.67 acres stated in the public remarks
  • GC‑2 General Commercial zoning

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-zoned bayfront parcel supporting a range of commercial and mixed-use applications.
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 on St. Andrew Bay; 1.67 acres stated in the public remarks; GC‑2 General Commercial zoning
More about this property
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