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    6345 Bus Panama City, FL 32404

    For Sale
    $1,500,000

    Rare Bayfront Development Opportunity

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional 44,431 square foot vacant land parcel presents a unique investment opportunity in Panama City, Florida. Located at 6345 E Hwy 98 Bus, this property boasts a recently constructed 26-slip deep-water marina, offering immediate access to the Bay. The expansive lot size provides ample space for a variety of development projects. Potential uses include, but are not limited to, a ship store, restaurant, or boat storage facility. The existing marina infrastructure significantly enhances the property's value and potential return on investment. This is a truly rare opportunity to acquire a substantial waterfront property with established marina facilities, ready for immediate development or lease. The property is situated in Bay County, Florida, with a zip code of 32404, and its precise location is 30.110681 latitude and -85.602516 longitude. The asking price for this remarkable property is $1,500,000. This prime location and existing infrastructure make this an exceptional opportunity for developers seeking a high-impact waterfront project. Don't miss this chance to secure a piece of Panama City's thriving waterfront real estate market.

    Property Features for 6345 Bus

    General Information

    Property type
    Land

    HighLights

    • $1,500,000 asking price.
    • Vacant land parcel totaling 44,431 square feet.
    • Located at 6345 E Hwy 98 Bus, Panama City, FL 32404.
    • Features a recently constructed 26‑slip deep‑water marina.
    • Development potential includes a ship store, restaurant, and boat storage.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Panama City
    County
    Bay
    State
    Florida
    Longitude
    -85.602516
    Latitude
    30.110681

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    FAQs

    What type of property is this?
    Land - Rare Bayfront Development Opportunity
    Where is this land located?
    The property is located at 6345 Bus Panama City, FL.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: $1,500,000 asking price.; Vacant land parcel totaling 44,431 square feet.; Located at 6345 E Hwy 98 Bus, Panama City, FL 32404.
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    6345 Bus Panama City, FL 32404
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6345 Bus Panama City, FL 32404
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