6345 Hwy 98 Panama City, FL 32404-7437
Property summary
This exceptional 44,431.2 square foot vacant land parcel presents a unique investment opportunity in Panama City, Florida. Located at 6345 E Highway 98, zip code 32404, this property boasts a recently constructed, 26-slip deep-water marina, a truly rare find in this desirable location. The expansive lot offers significant potential for diverse development, catering to a variety of commercial ventures. Imagine the possibilities: a thriving ship store catering to boaters, a waterfront restaurant offering stunning bay views, or perhaps a lucrative boat storage facility. The existing marina infrastructure provides a solid foundation for immediate income generation and future expansion. Built in 2022, the marina is ready for operation, minimizing upfront development costs and maximizing return on investment. The property's prime location on the Bay ensures high visibility and accessibility, attracting a large customer base. This is a chance to acquire a turnkey commercial property with significant upside potential in a rapidly growing area. The asking price is $1,500,000. Don't miss this exceptional opportunity to secure a piece of Panama City's vibrant waterfront. Contact us today to learn more about this remarkable property and its development possibilities.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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