Remodeled Mixed-Use
For Lease
$3,500/Mo
5045 E Highway 98, Panama City, FL 32404
COMMERCIAL - Panama City, FL
Space SizeContact for details
Property Size1,800 SF
Days on Market149
Property Features for 5045 E Highway 98
General Information
Property type
Commercial Lease
Property subtype
Other
Subdivision
W H Parker
Elementary school
Parker
Middle school
Rosenwald
High school
Rutherford
Directions
Located on North side of Business 98.
Standard status
Active
APN
25249-070-000
Size
1,800 SF
Taxes and HOA fees
Tax Description
W H PARKER PLAT-(2.95) BEG 25'S & 330'W & 507'S OF NE COR LOT 27 TH S 90' E 135' N 90' W 135' TO POB ORB 4621 P 2059
Legal Description
W H PARKER PLAT-(2.95) BEG 25'S & 330'W & 507'S OF NE COR LOT 27 TH S 90' E 135' N 90' W 135' TO POB ORB 4621 P 2059
Utilities
Sewer type
Public Sewer
Building Details
Year built
1930
Flooring type
Hardwood
Building materials
Frame
Roof type
Shingle
Listing Agency:
Keller Williams Success Realty · Keller Williams Realty
(850) 249-0313
Listed By:
Dennis Nelson · License #SL3379289
(850) 348-8262
Added: Mar 12
Changed: Aug 4
Last Checked: Aug 7 at 10:06AM
MLS# 786758
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 1,800-square-foot mixed-use property combines a remodeled interior with an adaptable five-room layout suited to offices or bedrooms. Original character includes hardwood flooring, high ceilings, a brick dual-sided fireplace, and a frame construction design, while the updated kitchen provides granite countertops and stainless appliances. The property also includes front and rear covered porches, a fully fenced yard, public sewer, and a shingle roof. Built in 1930, the building retains selected historic details alongside modern improvements. Appliances, HVAC, and water heaters are within 3 years old and warranted.
The property is located at 5045 E Highway 98 in Panama City, with access to major highways and proximity to Tyndall Air Force Base. Downtown Panama City is within minutes, providing access to restaurants, shops, entertainment, parks, boating, fishing, and local events. Mixed-use zoning supports commercial and live-work applications, while the yard provides room for additional structures, equipment, storage, or parking.
The property is located at 5045 E Highway 98 in Panama City, with access to major highways and proximity to Tyndall Air Force Base. Downtown Panama City is within minutes, providing access to restaurants, shops, entertainment, parks, boating, fishing, and local events. Mixed-use zoning supports commercial and live-work applications, while the yard provides room for additional structures, equipment, storage, or parking.
Key Highlights
- 1,800‑square‑foot mixed‑use property at 5045 E Highway 98, Panama City, FL 32404
- Five‑room layout that can function as bedrooms or offices
- Remodeled kitchen with granite countertops and stainless appliances
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
NNN (Triple Net)
Lease Type
$3.50 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
294
Businesses Nearby
Explore this area
Business Placement
Demographics for 32404, FL
38,186
Population
18,053
Households
2.1
Avg Household Size
40
Median Age
21%
College-Educated
87%
High-School Grad
135.1 sq mi
ZIP Area
283
Density / Sq Mi
$72,208
Median Household Income
$38,701
Median Earnings
$1,355
Median Rent
$239,700
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Flexible office and live-work configuration with a reception-ready kitchen, covered porches, and a fenced yard.
Where is this mixed-use property located?
The property is located at 5045 E Highway 98 Panama City, FL.
What is the lease rate?
The lease rate is $3,500/Mo.
What are key features of this property?
This property features: 1,800‑square‑foot mixed‑use property at 5045 E Highway 98, Panama City, FL 32404; Five‑room layout that can function as bedrooms or offices; Remodeled kitchen with granite countertops and stainless appliances
