Commercial Land with Highway
For Sale
$2,300,000
4810 W Highway 98, Panama City, FL 32401
Land, Panama City, FL
Property SizeContact for details
Lot Size4.77 Acres
Days on Market229
Property Features for 4810 W Highway 98
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Multi-Family, General Commercial, Business
Subdivision
Bayview Add
Directions
Traveling West on Hwy 98 the parcel is on right immediately prior to the 23rd St. overpass. Traveling from the West, just off the bridge and 23rd St. overpass the property is on left. You can access this parcel from 19th St. , Brown Ave. and Hwy 98. Parcel is immediately adjacent to the East of the CPAR office.
Standard status
Active
APN
28274-000-000
Lot size
4.77 Acres
Taxes and HOA fees
Tax Description
BAYVIEW ADD 35 3S 15W BEG 277'E & 35.72'S & 446.51' E OF SW COR OF NW1/4 TH E 546.59' S 375.40' W 412.22' S 225' NWLY 161.62' N 418.12' TO POB ORB 4074 P 2153
Legal Description
BAYVIEW ADD 35 3S 15W BEG 277'E & 35.72'S & 446.51' E OF SW COR OF NW1/4 TH E 546.59' S 375.40' W 412.22' S 225' NWLY 161.62' N 418.12' TO POB ORB 4074 P 2153
Listing Agency:
ERA Neubauer Real Estate, Inc · ERA Real Estate
(850) 872-3434
Listed By:
Deborah A Class · License #3293094
(850) 832-4988
Added: Jan 7
Changed: Aug 19
Last Checked: Aug 24 at 12:06AM
MLS# 783424
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 4.77-acre commercial land parcel is zoned General Commercial 2 and falls within the Gateway Overlay. The site previously contained a hotel that was demolished following damage from Hurricane Michael. Potential concepts identified for the property include apartments, a hotel, restaurant, retail, or combinations of commercial businesses.
Access is available from Highway 98, 19th Street, and Brown Avenue. The parcel provides approximately 180 feet along Highway 98, 580 feet on 19th Street, and 375 feet on Brown Avenue. It is positioned just before the Hathaway Bridge in Panama City, with proximity to the Port of Panama City, Gulf Coast State College, FSU campuses, Historic St. Andrews, Downtown Panama City, and Panama City Beach. The property is also located within the Panama City Community Redevelopment Agency Tax Increment Rebate Program area.
Access is available from Highway 98, 19th Street, and Brown Avenue. The parcel provides approximately 180 feet along Highway 98, 580 feet on 19th Street, and 375 feet on Brown Avenue. It is positioned just before the Hathaway Bridge in Panama City, with proximity to the Port of Panama City, Gulf Coast State College, FSU campuses, Historic St. Andrews, Downtown Panama City, and Panama City Beach. The property is also located within the Panama City Community Redevelopment Agency Tax Increment Rebate Program area.
Key Highlights
- 4.77‑acre commercial land parcel in Panama City
- General Commercial 2 zoning and Gateway Overlay designation
- Approximately 180 feet of frontage on Highway 98
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
347
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - General Commercial 2 zoning and access from three roads support a range of potential commercial development concepts.
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: 4.77‑acre commercial land parcel in Panama City; General Commercial 2 zoning and Gateway Overlay designation; Approximately 180 feet of frontage on Highway 98
