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Waterfront Commercial Land For Sale
For Sale
$4,900,000

XXX W Highway 98, Panama City, FL 32401

Prime commercial land in Panama City with high traffic exposure.

Property SizeContact for details
Lot Size2.57 Acres
Days on Market484

Property Features for XXX W Highway 98

General Information

Standard status Active
Lot size 2.57 Acres
Property subtype Land or Vacant Lot
Listing Agency: SOUTHERN WAY REALTY, INC.
Listed By: SEAMUS J O'NEILL
Source: Corcoran
Added: Apr 29, 2025 Changed: Aug 24 Last Checked: Aug 25 at 8:20AM

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 SOUTHERN WAY REALTY, INC.

Investment Insights

Based on property information with market context.

This 4.21± acre commercial waterfront property is located in Panama City. The zoning is General Commercial, supporting development opportunities such as retail centers, professional office complexes, service businesses, wholesale sales, and shopping plazas. The zoning accommodates intensive commercial activity. The property has a 2024 FDOT Average Daily Traffic Count of 41,500. It is situated close to major regional landmarks including Hathaway Bridge, the Port of Panama City, Gulf Coast State College, and Florida State University's Panama City campus.

Key Highlights

  • Prime 4.21± acre commercial waterfront property.
  • Zoned General Commercial, supporting diverse development opportunities (retail, office, etc.).
  • High visibility location with 2024 FDOT Average Daily Traffic Count of 41,500.

Property Analytics

Current Use

Commercial land

Location Intelligence

Trade Area within ½ mile

886
Businesses Nearby

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Prime commercial land in Panama City with high traffic exposure.
Where is this commercial land located?
The property is located at XXX W Highway 98 Panama City, FL.
What is the asking price?
The asking price for this property is $4,900,000.
What are key features of this property?
This property features: Prime 4.21± acre commercial waterfront property.; Zoned General Commercial, supporting diverse development opportunities (retail, office, etc.).; High visibility location with 2024 FDOT Average Daily Traffic Count of 41,500.
More about this property
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