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Panama City Waterfront Commercial Land
For Sale
$2,747,100

4501 W Highway 98, Panama City, FL 32401

Prime commercial waterfront property in Panama City, Florida, for sale.

Property SizeContact for details
Days on Market465

Property Features for 4501 W Highway 98

General Information

Standard status Active
Listing Agency: SOUTHERN WAY REALTY, INC.
Listed By: SEAMUS J O'NEILL
Source: Corcoran
Added: Apr 29, 2025 Changed: Mar 16 Last Checked: Aug 5 at 4:07PM

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 SOUTHERN WAY REALTY, INC.

Investment Insights

Based on property information with market context.

This is an exceptional opportunity to acquire approximately 2.31 acres of commercial waterfront property in Panama City. The property is zoned General Commercial, supporting a variety of development opportunities, including retail centers, professional office complexes, service businesses, wholesale sales, and shopping plazas. The zoning accommodates intensive commercial activity, making it suitable for developers or investors seeking a high-potential waterfront site. The location benefits from a 2024 FDOT Average Daily Traffic Count of 41,500, offering high visibility and access for commercial ventures. The property is situated close to major regional landmarks, including Hathaway Bridge, the Port of Panama City, Gulf Coast State College, and Florida State University's Panama City campus. This location places the property at the intersection of commerce, education, and infrastructure.

Key Highlights

  • Prime 2.31+/- acre commercial waterfront property in Panama City.
  • Zoned General Commercial, supporting diverse development opportunities (retail, office, etc.).
  • High‑visibility location with a 2024 FDOT Average Daily Traffic Count of 41,500.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Dental Office Real Estate Agency Law Firm Hair Salon Spa & Massage Center Nail 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

296
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
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Frequently Asked Questions

What type of property is this?
Commercial land - Prime commercial waterfront property in Panama City, Florida, for sale.
Where is this commercial land located?
The property is located at 4501 W Highway 98 Panama City, FL.
What is the asking price?
The asking price for this property is $2,747,100.
What are key features of this property?
This property features: Prime 2.31+/- acre commercial waterfront property in Panama City.; Zoned General Commercial, supporting diverse development opportunities (retail, office, etc.).; High‑visibility location with a 2024 FDOT Average Daily Traffic Count of 41,500.
More about this property
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