1524 E 5th, Business 98 Street, Panama City, FL 32401
$1,850,000
Property Type:
Commercial Land
Lot Size (sq. ft.):
59,242
Status:
Active
Current Price:
$1,850,000
List Date:
7/23/2025
Last Modified:
12/26/2025
Listing Details MLS# 759811
Location, Tax & Legal
- Street #
- 1524
- Street Direction
- E
- Street Name
- 5th, Business 98
- Street Suffix
- Street
- State
- FL
- Zip Code
- 32401
- County
- Bay
- Area
- 02 – Bay County – Central
- Subdivision
- Bayou Plat
- Parcel ID
- 22235-000-000
- Legal Description
- 10 4S 14W -5- 81A BEG 900' E OF SW COR OF NW1/4 OF NW1/4 TH NWLY 175' ALG S BDRY RD 10 TH SLY AT RT ANGLE TO WATER THSELY ON BAYOU TO PT S OF BEG TH N TO BEG ORB 3510 P 1713
- Sub Area
- 0202 – Bay – Central SE
- Community/Resort
- None
- Waterfront
- Yes
- Elementary School
- Cherry Street
- Middle School
- Jinks
- High School
- Bay
- Directions
- Go East on Highway 98 and take a right on Martin Luther King Road. Passing Bay Medical on the left, you will take a left at the stop light and follow the road (East Business 98) until you see the vacant land on the right next to Watson Landings Marina.
- HOA Fee
- No
Contract Info
- List Price/Acre
- 1360294.12
- Sub-Type
- Land/Acres
- List Type
- Exclusive Right of Sale
General Property Info
- Site Dimensions
- 237 x 250
- Acreage
- 1.36
- Lot Size (SqFt)
- 59242
- Is Subject Leased
- No
Waterfront Feature
- Waterfront Feet
- 250
- Bulkhead/Seawall
- Yes
- Shore – Seawall
- Yes
Remarks & Misc
- Remarks
- Great Location off Business Highway 98 with road and water frontage. This Commercial Waterfront parcel Zoned GC-2 fronts Watson Bayou and sits next to the exclusive Watson Landings Marina for your boating needs. New 14 wet slips and custom lifts recently added with power and water to each slip. Hydraulic lifts on slips. More slips can be added going through the proper channels. Can accommodate plus 40 foot boat. All utilities in place with city sewer and water, as there used to be a dwelling on the premises prior to Hurricane. Land has a seawall (250 ft) in place and a 136 foot long boat Dock (deep water access), to include over 250 feet of waterfront. Excellent location and land size to build a storage facility, Retail, multi family or single-family homes as it is zoned Commercial and Mixed Use. Easy water access to Gulf with upscale marina next door for your boat fuel, storage and goods. New City Public Boat Ramp in close vicinity. Will seller finance if needed. Zoned Special Needs with tax incentives.
More Information
Other Structures
- Other
- Yes
- See Remarks
- Yes
Financing
- Cash
- Yes
- Conventional
- Yes
- Seller Financing
- Yes
Lot Features
- Cleared
- Yes
- Front Footage
- Yes
- Level
- Yes
- Near Public Boat Ramp
- Yes
- Survey Available
- Yes
- Waterfront
- Yes
Lot/Parcel Access
- City Road
- Yes
- Paved Road
- Yes
Present Zoning
- Commercial
- Yes
- General Commercial
- Yes
- Industrial Light
- Yes
- Multi-Family
- Yes
- Resid Multi-Family
- Yes
- Resid Single Family
- Yes
Association Amenities
- Dock
- Yes
Utilities
- All Utilities
- Yes
- Public Sewer – Connected
- Yes
- Water Connected
- Yes
Waterview
- Bay
- Yes
Sale Type
- As Is
- Yes
Waterfront Type
- Bayou w/ Gulf Access
- Yes
TransportationAccess
- 4 – Lane
- Yes
- City Road
- Yes
- Paved
- Yes
Property Features
TransportationAccess:
4 – Lane; City Road; Paved
Financing:
Cash; Conventional; Seller Financing
Lot Features:
Cleared; Front Footage; Level; Near Public Boat Ramp; Survey Available; Waterfront
Other Structures:
Other; See Remarks
Sale Type:
As Is
Utilities:
All Utilities; Public Sewer – Connected; Water Connected
Waterfront Type:
Bayou w/ Gulf Access
Waterfront Feature:
Shore – Seawall
Present Zoning:
Commercial; General Commercial; Industrial Light; Multi-Family; Resid Multi-Family; Resid Single Family
Waterview:
Bay
Listing Office:
Coastal Sun Realty LLC
Last Updated: December – 26 – 2025
Information deemed reliable but not guaranteed.