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Commercial Land with Three-Road Access
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 Market275

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
Listed By: Deborah A Class · License #3293094
Added: Jan 7 Changed: Oct 5 Last Checked: Oct 9 at 7:06AM
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.

The 4.77-acre commercial parcel carries General Commercial 2 zoning and falls within the Gateway Overlay. A hotel formerly occupied the site before it was demolished following Hurricane Michael. The land is also within the Panama City Community Redevelopment Agency Tax Increment Rebate Program area.

Access is available from Hwy 98, 19th St, and Brown Ave. The property has approximately 180 feet of frontage on Hwy 98, 580 feet on 19th St, and 375 feet on Brown Ave. Nearby destinations include the Port of Panama City, Gulf Coast State College and FSU campuses, Historic St. Andrews, downtown Panama City, and Panama City Beach.

Key Highlights

  • 4.77‑acre commercial parcel
  • General Commercial 2 zoning and Gateway Overlay designation
  • Access from Hwy 98, 19th St, and Brown Ave

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Dental Office Parking Lot & Garage Law Firm Electrical Service Grocery & Convenience Store (Bike/Boat/Book/etc) Store

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

347
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
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Frequently Asked Questions

What type of property is this?
Commercial land - General Commercial 2 zoning and a Gateway Overlay designation define the parcel’s commercial land-use framework.
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 parcel; General Commercial 2 zoning and Gateway Overlay designation; Access from Hwy 98, 19th St, and Brown Ave
More about this property
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