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General Commercial Land
For Sale
$1,294,000

4127 W Highway 98, Panama City, FL 32401

Land, Panama City, FL

Property SizeContact for details
Lot Size0.77 Acres
Days on Market152

Property Features for 4127 W Highway 98

General Information

Property type Commercial Sale
Property subtype Other
Zoning description City, General Commercial
Subdivision No Named Subdivision
Directions Driving East leaving Panama City Beach, property is on your right hand side.
Standard status Active
APN 28364-000-000
Lot size 0.77 Acres

Taxes and HOA fees

Tax Description BAYVIEW ADD W 5.7' LOT 6 LOTS 7,8,9 & N 12 OF CLOSED ALLEY & LESS N 17' TO W HWY 98 BLK 22 ORB 1529 P 608 ORB 3016 P 685
Legal Description BAYVIEW ADD W 5.7' LOT 6 LOTS 7,8,9 & N 12 OF CLOSED ALLEY & LESS N 17' TO W HWY 98 BLK 22 ORB 1529 P 608 ORB 3016 P 685
Listing Agency: Think Real Estate
Listed By: Jamie A Kitzmiller · License #SL3465582
Added: Apr 10 Changed: Sep 5 Last Checked: Sep 8 at 9:06PM
MLS# 788190

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.

The 0.77-acre commercial land parcel at 4127 W Highway 98 in Panama City, Florida, offers a paved site within the General Commercial designation. Previous improvements were removed following storm damage, leaving the property cleared for new development.

The parcel is positioned along W Highway 98, where the reported daily traffic count is 43,500. Existing pavement remains in place, and Panama City Engineering indicates that a retention pond is not required for the property.

Key Highlights

  • 0.77‑acre commercial land parcel on W Highway 98
  • General Commercial zoning designation
  • 43,500 reported daily traffic count

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

305
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 - Paved commercial site designated General Commercial.
Where is this commercial land located?
The property is located at 4127 W Highway 98 Panama City, FL.
What is the asking price?
The asking price for this property is $1,294,000.
What are key features of this property?
This property features: 0.77‑acre commercial land parcel on W Highway 98; General Commercial zoning designation; 43,500 reported daily traffic count
More about this property
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