4423 Us-98 Panama City, FL 32401
This exceptional 1.68-acre commercial land parcel in Panama City, Florida, is offered at $2,000,000. Located at 4423 US-98, this property boasts 132 feet of stunning St. Andrew Bay shoreline, providing captivating views of the bay, the Pass to the Gulf of Mexico, and Shell Island. The high-traffic location, with over 40,000 cars passing daily, is situated near the Hathaway Bridge, Port Panama City, and Gulf Coast State College. Zoned GC-2 General Commercial, this versatile land offers numerous development possibilities, including hotels, restaurants, condominiums, and retail spaces. The property's APN is 28341-000-000. This prime location and stunning waterfront views make this an unparalleled investment opportunity in Panama City's thriving commercial district. The property is situated in Bay County, Florida, with a zip code of 32401. This is a rare chance to acquire a significant waterfront commercial property in a high-growth area. Don't miss this opportunity to build your dream project in a vibrant and desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.