Search
Commercial Land on Highway 98
For Sale
$1,250,000

5400 E Hwy 98, Panama City, FL 32404

LAND - Panama City, FL

Property SizeContact for details
Lot Size2.33 Acres
Days on Market590

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: Apr 27 Last Checked: Aug 5 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.

Investment Insights

Based on property information with market context.

This offering includes two separate parcels of commercial land, with Parcel #2 (25798-020-000) included in the sale. The property, totaling 2.33 acres, is zoned for commercial use and is located on a high-traffic corner directly on Highway 98 in Panama City, Florida.

Key Highlights

  • High traffic corner location on Hwy 98
  • Zoned commercial
  • Includes 2 separate parcels

Property Analytics

Current Use

Commercial land

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

294
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Commercial land on high-traffic corner of Highway 98.
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 $1,250,000.
What are key features of this property?
This property features: High traffic corner location on Hwy 98; Zoned commercial; Includes 2 separate parcels
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message