Commercial Land with
For Sale
$1,200,000
5500 E Highway 98, Panama City, FL 32401
General commercial parcel with an existing building and access from multiple roadway frontages.
Property SizeContact for details
Days on Market299
Property Features for 5500 E Highway 98
General Information
Standard status
Active
Listing Agency:
Overstreet Realty
(850) 814-0733
Listed By:
Cathy J Jones · License #SL0690927
(850) 814-0733
Source:
Exprealty
Added: Nov 5, 2025
Changed: Aug 31
Last Checked: Aug 31 at 8:02PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Overstreet Realty
Investment Insights
Based on property information with market context.
This general commercial parcel includes a new 3,360-square-foot building, with 1,000 square feet of heated and cooled space. The improvements include permanent structures and lifts, and the property has operated as an automotive sales location. Some inventory may convey with the sale.
The site fronts three sides, including approximately 184 feet along Highway 98. Reported traffic volumes exceed 19,000 vehicles per day on Tyndall Parkway–Highway 98 and 7,900 vehicles per day on East Business 98. Development standards allow building heights up to 60 feet or 6 stories, 10-foot setbacks on three sides, and maximum lot coverage of 90%.
The site fronts three sides, including approximately 184 feet along Highway 98. Reported traffic volumes exceed 19,000 vehicles per day on Tyndall Parkway–Highway 98 and 7,900 vehicles per day on East Business 98. Development standards allow building heights up to 60 feet or 6 stories, 10-foot setbacks on three sides, and maximum lot coverage of 90%.
Key Highlights
- 3,360 SF building with 1,000 SF of heated and cooled space
- Approximately 184 feet of Highway 98 frontage
- Road frontage on 3 sides
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
138
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
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - General commercial parcel with an existing building and access from multiple roadway frontages.
Where is this commercial land located?
The property is located at 5500 E Highway 98 Panama City, FL.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 3,360 SF building with 1,000 SF of heated and cooled space; Approximately 184 feet of Highway 98 frontage; Road frontage on 3 sides
