3701 W Highway 98 Panama City, FL 32401
Premier commercial land parcel on a high-traffic corridor.
Type:Land or Vacant Lot
Lot size:
0.55 Acres- Added:
- Feb 5, 2026
- Days on Market:
- 74
- Last Refresh:
- Apr 5 at 9:52 pm
Property Features for 3701 W Highway 98
General Information
- Standard status
- Active
- Lot size
- 0.55 Acres
- Property subtype
- Land or Vacant Lot
Listing agent ANDY G GONSALVES License #409063
Listing office COUNTS REAL ESTATE GROUP INC (850) 231-1483
Listing date Feb 5, 2026
Source Corcoran
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 COUNTS REAL ESTATE GROUP INC
Overview
Commercial Land on Highway 98
This commercial land parcel is zoned C-2 General Commercial and is located on the 98 corridor, benefiting from strong traffic flow in all directions. Allowable uses for the property include business professional, retail, restaurants, and auto repairs, among others. The property is situated at the first red light after descending from the Hathaway Bridge. It is a high and dry parcel with good ingress and egress. The location is considered prime for a chain restaurant, with McDonald's and Dunkin' Donuts located directly across the highway. An adjoining parcel on the west side is also available for purchase, which would create a larger parcel. Together, the two parcels combine for over one acre, running from street to street, with over 260 feet of frontage on US Highway 98 and 130 feet of frontage on each side street.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Commercial land
Location Insight
- Map
- Local Demand
- City
- Panama City
- County
- Walton
- State
- Florida
- Longitude
- -85.4235
- Latitude
- 29.9508
Nearby Similar for Sale
FAQs
What type of property is this?
Commercial land - Premier commercial land parcel on a high-traffic corridor.
Where is this commercial land located?
The property is located at 3701 W Highway 98 Panama City, FL.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Premier location on US Hwy 98 with high traffic count and excellent visibility.; Zoned C‑2 General Commercial, allowing for a wide range of business uses.; Owner financing available with 30% down, 10‑year term at 6.5% with a 3‑year balloon.
