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Commercial Corner Land

5400 E Hwy 98, Panama City, FL 32404

For Sale
$1,199,000

Land, Panama City, FL

Property SizeContact for details
Lot Size2.33 Acres
Days on Market685

Property Features for 5400 E Hwy 98

General Information

Property type Land
Property subtype Other
Zoning Commercial
Subdivision Tyndall Parkway Commercial Land Parcels
Lot features Survey Available
Elementary school Parker
Middle school Rosenwald
High school Mosley
Directions Take Hwy 98 to the corner of Thornton Lane and parcels start at this intersection
Standard status Active
APN 25799-000-000
Lot size 2.33 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description 24 4S 14W -47- 119D1 BEG AT INTERSECT OF N R/W OF THORNTON LN & W R/W HWY 98 SW 225' TO SE COR LOT 1 BLK A SOUTHWOOD SUB TH NWLY 120' NW 110' NWLY 118' TO NE COR LOT 3 NELY 198.5' TO W R/W HWY 98 TH SLY 420' TO POB ORB 4275 P 466
Tax Annual Amount 3763
Legal Description 24 4S 14W -47- 119D1 BEG AT INTERSECT OF N R/W OF THORNTON LN & W R/W HWY 98 SW 225' TO SE COR LOT 1 BLK A SOUTHWOOD SUB TH NWLY 120' NW 110' NWLY 118' TO NE COR LOT 3 NELY 198.5' TO W R/W HWY 98 TH SLY 420' TO POB ORB 4275 P 466

Utilities

Sewer type Public Sewer
Listing Agency: Beach Sunsets Inc
Listed By: Barney R Manuel · License #485762
Added: Dec 23, 2024 Changed: Sep 28 Last Checked: Nov 7 at 8:06PM
MLS# 965171

Copyright © 2026 Emerald Coast 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.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This offering includes two separate parcels totaling 2.33 acres of commercial land. Both parcels carry Commercial zoning, and parcel 25798-020-000 is specifically included in the offering. Public sewer service is available.

The property occupies a corner along Hwy 98 in Panama City, FL. Its highway position and stated high-traffic setting provide clear physical context for evaluating the site. The offering is structured as a combined sale of both parcels.

Key Highlights

  • 2.33 acres across two separate parcels
  • Both parcels are zoned Commercial
  • Parcel 25798‑020‑000 included in the offering

Property Analytics

Who owns this building? See the owner, sales and loan history
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Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office 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

188
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Properties on Market for Commercial land in Panama City

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Commercial land - Two commercial-zoned parcels at a high-traffic highway corner with public sewer service.
Where is this commercial land located?
The property is located at 5400 E Hwy 98 Panama City, FL.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: 2.33 acres across two separate parcels; Both parcels are zoned Commercial; Parcel 25798‑020‑000 included in the offering
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