High-Dry Commercial Land with Street
3701 W Highway 98 Panama City, FL 32401
3701 W Highway 98, Panama City, FL, 32401
$550,000
For Sale
$550,000
COMMERCIAL - Panama City, FL
Lot Size0.55 Acres
Days on Market171
Property Features for 3701 W Highway 98
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- 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
Utilities
- Sewer type
- Public Sewer
Listing Agency
Counts Real Estate Group Inc
(850) 231-1483
5231 Hwy 30-a, PANAMA CITY BEACH, FL
Listed by
Andy G Gonsalves · License #0409063
(850) 527-2639
Added: Jan 28 Checked: Jul 18 at 8:06 am
MLS# 784718
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 is a high and dry parcel zoned C-2 General Commercial, offering flexible allowable uses including business/professional, retail, restaurants, and auto repairs, along with other uses consistent with the zoning. The owner is offering financing with 30% down, a 10-year term, a 6.5% interest rate, and a balloon due in 3 years. The property provides practical access with good ingress and egress.
The location is on the US Highway 98 corridor with strong traffic flow both north and south as well as east and west. It is described as the first red light after descending from the Hathaway Bridge, with convenience retail and quick-service tenants directly across the highway.
The parcel totals 0.55 acres and runs from street to street, providing over 260 feet of frontage on US Highway 98 and about 130 feet of frontage on each side street. An adjoining parcel to the west is also available, which can be purchased together to create a larger combined tract.
The location is on the US Highway 98 corridor with strong traffic flow both north and south as well as east and west. It is described as the first red light after descending from the Hathaway Bridge, with convenience retail and quick-service tenants directly across the highway.
The parcel totals 0.55 acres and runs from street to street, providing over 260 feet of frontage on US Highway 98 and about 130 feet of frontage on each side street. An adjoining parcel to the west is also available, which can be purchased together to create a larger combined tract.
Key Highlights
- Owner financing available: 30% down; 10‑year term at 6.5% with a balloon in 3 years
- Zoned C‑2 General Commercial with allowable uses including business/professional, retail, restaurants, and auto repairs
- High‑traffic US Hwy 98 corridor: first red light after descending from the Hathaway Bridge
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Commercial land
Similar For Sale Nearby
FAQs
What type of property is this?
Commercial land - Zoned C-2 and positioned on US Highway 98 with strong bidirectional access and street-to-street frontage for flexible commercial use.
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: Owner financing available: 30% down; 10‑year term at 6.5% with a balloon in 3 years; Zoned C‑2 General Commercial with allowable uses including business/professional, retail, restaurants, and auto repairs; High‑traffic US Hwy 98 corridor: first red light after descending from the Hathaway Bridge
