4423 W HIGHWAY 98, Panama City, FL 32401 (MLS# 665663)

4423 W HIGHWAY 98, Panama City, FL 32401

$2,000,000

Property Type: Commercial Land Lot Size (sq. ft.): 73,062 Status: Active

Current Price: $2,000,000 List Date: 11/01/2019 Last Modified: 8/20/2025

Overview

Description

Pristine property located on beautiful St. Andrew’s Bay in Panama City, FL. This property features 132 feet on St. Andrew Bay with a total of 1.67 acres. It is +/-1/2 mile east of the Hathaway Bridge, close to Port Panama City, Gulf Coast State College, Florida State University Panama City Campus, and Panama City Beach. In addition to St. Andrew’s Bay, the property overlooks St. Andrew Bay, the Pass to the Gulf of Mexico and Shell Island. The property is zoned GC-2 General Commercial, allowing for multiple uses including, but not limited to, hotel/motel, multi-family, condominium, restaurant, retail, mixed-use, office, etc.

Listing Details MLS# 665663

Location, Tax & Legal

Street #: 4423
Street Direction: W
Street Name: HIGHWAY 98
State: FL
Zip Code: 32401
County: Bay
Area: 02 – Bay County – Central
Subdivision: No Named Subdivision
Parcel ID: 28341-000-000
Legal Description: BAYVIEW ADD LOT 3 MOATES RESERVE BLK 20 ORB 1257 P 404 ORB 1373 P 1707 ORB 1405 P 1451 79C3 ORB 2597 P 1202
Sub Area: 0203 – Bay – Central SW
Business Name: Bay-Front Land on Highway 98
Community/Resort: None
Waterfront: Yes
Elementary School: Oakland Terrace
Middle School: Jinks
High School: Bay
Directions: Located on U.S. Highway 98 West, +/-1-mile east of the Hathaway Bridge on the south side of the Highway across from the Circle K and Suburban Suites Hotel.
HOA Fee: No

Contract Info

List Price/Acre: 1190476.19
Sub-Type: Land/Acres
List Type: Exclusive Right of Sale
Named Exception: No

General Property Info

Acreage: 1.68
Lot Size (SqFt): 73062
Is Subject Leased: No

Waterfront Feature

Waterfront Feet: 132
Shore – Beach: Yes
Shore – Natural: Yes

Remarks & Misc

Remarks: Pristine property located on beautiful St. Andrew's Bay in Panama City, FL. This property features 132 feet on St. Andrew Bay with a total of 1.67 acres. It is +/-1/2 mile east of the Hathaway Bridge, close to Port Panama City, Gulf Coast State College, Florida State University Panama City Campus, and Panama City Beach. In addition to St. Andrew's Bay, the property overlooks St. Andrew Bay, the Pass to the Gulf of Mexico and Shell Island. The property is zoned GC-2 General Commercial, allowing for multiple uses including, but not limited to, hotel/motel, multi-family, condominium, restaurant, retail, mixed-use, office, etc.

More Information

Financing

Cash: Yes
Conventional: Yes
Seller Financing: Yes

Lot Features

Cleared: Yes
Waterfront: Yes

Lot/Parcel Access

Paved Road: Yes
U.S. Highway: Yes

Present Zoning

City: Yes
Commercial: Yes
General Commercial: Yes

Utilities

All Utilities: Yes
TV Cable: Yes
Electric 220/240: Yes
Electric-3-Phase: Yes
Garbage: Yes
Natural Gas – Available: Yes
Public Sewer – Connected: Yes
Water Connected: Yes

Sale Type

As Is: Yes

Waterfront Type

See Remarks: Yes

TransportationAccess

5 – or More Lanes: Yes
Paved: Yes
State Road: Yes

Property Features

TransportationAccess: 5 – or More Lanes; Paved; State Road Financing: Cash; Conventional; Seller Financing Lot Features: Cleared; Waterfront Sale Type: As Is Utilities: All Utilities; Electric 220/240; Electric-3-Phase; Garbage; Natural Gas – Available; Public Sewer – Connected; Water Connected; TV Cable Waterfront Type: See Remarks Waterfront Feature: Shore – Beach; Shore – Natural Present Zoning: Commercial; General Commercial

Listing Office: Counts Real Estate Group Inc

Last Updated: August – 20 – 2025

Information deemed reliable but not guaranteed.