Rebuilt Hotel with 90
For Sale
$10,450,000
5711 E Highway 98, Panama City, FL 32404
Rebuilt hotel property is about 95% complete, with furniture and TVs in place for roughly 90 guest rooms.
Property Size32,400 SF
Days on Market112
Property Features for 5711 E Highway 98
General Information
Standard status
Active
Size
32,400 SF
Property subtype
Commercial
Additional Details
Furnished
Yes
Building Details
Building Size
32,400 SF
Year Built
2025
Listing Agency:
Counts Real Estate Group Inc
(850) 258-3670
Listed By:
J3/Jim H Hodges · License #0583553
(850) 258-3670
Source:
Fullsailnwfl
Added: Apr 15
Changed: Jul 28
Last Checked: Aug 3 at 1:27PM
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 Counts Real Estate Group Inc
Investment Insights
Based on property information with market context.
This rebuilt hotel property has been constructed from the ground up, with brand-new improvements including the parking lot. The project is approximately 95% complete. The building is designed with 90 rooms, plus additional space for areas such as the lobby, electrical, and washer and dryer provisions. Furniture is installed, and televisions are hung throughout.
The property is located down the street from the new Tyndall Air Force Base, and it was formerly known as The Labrisa Inn.
With the majority of interior items already in place and the overall construction nearing completion, the remaining work provides a straightforward path to finalize the project for operation.
The property is located down the street from the new Tyndall Air Force Base, and it was formerly known as The Labrisa Inn.
With the majority of interior items already in place and the overall construction nearing completion, the remaining work provides a straightforward path to finalize the project for operation.
Key Highlights
- Rebuilt hotel property from the ground up with everything brand new, including the parking lot
- Construction is about 95% complete
- About 90 guest rooms, plus roughly 6 additional rooms/areas including lobby, electrical, and washer/dryer areas
Property Analytics
Current Use
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
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Frequently Asked Questions
What type of property is this?
Hotel - Rebuilt hotel property is about 95% complete, with furniture and TVs in place for roughly 90 guest rooms.
Where is this hotel located?
The property is located at 5711 E Highway 98 Panama City, FL.
What is the asking price?
The asking price for this property is $10,450,000.
What are key features of this property?
This property features: Rebuilt hotel property from the ground up with everything brand new, including the parking lot; Construction is about 95% complete; About 90 guest rooms, plus roughly 6 additional rooms/areas including lobby, electrical, and washer/dryer areas
