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    Waterfront Commercial Land For Sale

    1524 E 5th Business 98 Street Panama City, FL 32401

    Claim this Listing
    For Sale
    $1,850,000

    COMMERCIAL - Panama City, FL

    Lot size:
    1.36 Acres
    Added:
    Jul 12, 2024
    Days on Market:
    730
    Last Refresh:
    Jul 11 at 6:06 pm

    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 agent Marco Cooper License #3154198

    Listing office Coastal Sun Realty LLC 4408 Delwood Ln Ste. 29, Panama City Beach, FL

    Listing date Jul 12, 2024

    MLS# 759811 Listing URL

    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

    Suggested Use

    Real Estate Agency Restaurant Dental Office Building Supply Law Firm Big Box & Wholesale Store Auto Parts Store Spa & Massage Center Nail Salon Hair Salon

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

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    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).
    Contact an agent
    (850) 832-1266
    We can help!
    Contact an agent
    Marco Cooper
    Marco Cooper
    Real Estate License ID: 3154198
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