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Commercial Land with Highway Frontage
For Sale
$550,000

3701 W Highway 98, Panama City, FL 32401

Land, Panama City, FL

Property SizeContact for details
Lot Size0.55 Acres
Days on Market219

Property Features for 3701 W Highway 98

General Information

Property type Commercial Sale
Property subtype Other
Zoning description General Commercial
Subdivision Bayview Add
Directions Traveling East from CPAR building go to Michigan Ave across from Dunkin Donuts and McDonalds. The property is the South West corner of Michigan and Hwy 98
Standard status Active
APN 28397-000-000
Lot size 0.55 Acres

Taxes and HOA fees

Tax Description BAYVIEW ADD E 1/2 LOT 1 BLK 26 ORB 4138 P 1640 79C3
Legal Description BAYVIEW ADD E 1/2 LOT 1 BLK 26 ORB 4138 P 1640 79C3

Utilities

Sewer type Public Sewer
Listing Agency: Counts Real Estate Group Inc
Listed By: Andy G Gonsalves · License #0409063
Added: Jan 28 Changed: Sep 3 Last Checked: Sep 4 at 11:06AM
MLS# 784718

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 0.55-acre commercial land parcel at 3701 W Highway 98 is zoned C-2 General Commercial and served by public sewer. The site has more than 260 feet along US Hwy 98, plus 130 feet of frontage on each side street, creating access from multiple directions. The parcel extends from street to street and is described as high and dry.

Permitted use categories identified for the property include professional offices, retail, restaurants, and auto repair, along with additional commercial applications. McDonald's and Dunkin' Donuts are positioned across the highway. An adjoining parcel on the west is also available, with the two parcels together totaling over 1 full acre.

Key Highlights

  • 0.55‑acre C‑2 General Commercial parcel
  • Over 260' of frontage on US Hwy 98
  • 130' of frontage on each side street

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Building Supply Garden Center Grocery & Convenience Store Big Box & Wholesale Store Cafe & Coffee Shop Hair Salon

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

448
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?
Commercial land - C-2 zoning supports professional, retail, restaurant, and auto-repair uses with public sewer service.
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: 0.55‑acre C‑2 General Commercial parcel; Over 260' of frontage on US Hwy 98; 130' of frontage on each side street
More about this property
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