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4810 W Highway 98 Panama City, FL 32401

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For Sale
$2,300,000

4.77 acre commercial parcel in a prime location.

Type:Land or Vacant Lot
Lot size:
4.77 Acres
Added:
Jan 9, 2026
Days on Market:
103
Last Refresh:
Apr 5 at 9:33 pm

Property Features for 4810 W Highway 98

General Information

Standard status
Active
Lot size
4.77 Acres
Property subtype
Land or Vacant Lot

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Listing Contact
DEBORAH A CLASS
DEBORAH A CLASS

Listing agent DEBORAH A CLASS License #3293094

Listing office ERA NEUBAUER REAL ESTATE, INC

Listing date Jan 9, 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 ERA NEUBAUER REAL ESTATE, INC


Overview

Prime Panama City Development Opportunity

This 4.77-acre parcel, zoned General Commercial 2, presents a development opportunity in a prime location within the Gateway Overlay. The property is located in the Panama City Community Redevelopment Agency Tax Increment Rebate Program area. Situated just before the Hathaway Bridge in Panama City, the location offers visibility and traffic count when traveling on Hwy 98 East from Panama City or West to Panama City Beach. The parcel provides accessibility via three roads: Hwy 98, 19th St, and Brown Ave, with approximately 180 feet of frontage on Hwy 98, 580 feet on 19th St, and 375 feet on Brown Ave. The property is in proximity to the Port of Panama City, Gulf Coast State College, and FSU campuses, with access to Historic St. Andrews, Downtown Panama City, and Panama City Beach. This property is suitable for apartments, a hotel, a restaurant, a retail store, or a combination of commercial businesses. Previously, a hotel occupied the site but was demolished due to damage from Hurricane Michael.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Panama City
County
Walton
State
Florida
Longitude
-85.7222
Latitude
30.1823

FAQs

What type of property is this?
Commercial land - 4.77 acre commercial parcel in a prime location.
Where is this commercial land located?
The property is located at 4810 W Highway 98 Panama City, FL.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: Prime location with high traffic count and visibility on Hwy 98, ideal for commercial development.; Zoned General Commercial 2, allowing for a wide range of business types including apartments, hotels, restaurants, and retail.; Located in the Panama City Community Redevelopment Agency Tax Increment Rebate Program area.
More about this property
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