4810 W Highway 98, Panama City, FL 32401

$2,300,000
Property Type: Commercial Land Lot Size (sq. ft.): 207,781 Status: Active
Current Price: $2,300,000 List Date: 1/09/2026 Last Modified: 4/01/2026

Overview

Description

Amazing Development Opportunity is Ready for You! In a Prime Location, this 4.77 acre parcel is zoned General Commercial 2. Located in the Gateway Overlay and this property is located in the Panama City Community Redevelopment Agency Tax Increment Rebate Program area. Located just before the Hathaway Bridge in Panama City, this offering fantastic traffic count and visibility when traveling on Hwy 98 East from Panama City or West to Panama City Beach. This parcel offers easy access via 3 different roads, Hwy 98, 19th St, and Brown Ave. Approximately 180 feet frontage on Hwy 98, 580 feet on 19th St, and 375 feet on Brown Ave. This property is in close proximity to Port of Panama City and Gulf Coast State College and FSU campuses as well as quick access to Historic St. Andrews and the Downtown Panama City area, and Panama City Beach. This property would be perfect for apartments, hotel, restaurant, retail store or any combination of many different commercial businesses. See more us

Listing Details MLS# 783424

Location, Tax & Legal

Street #
4810
Street Direction
W
Street Name
Highway 98
State
FL
Zip Code
32401
County
Bay
Area
02 – Bay County – Central
Subdivision
Bayview Add
Parcel ID
28274-000-000
Legal Description
BAYVIEW ADD 35 3S 15W BEG 277'E & 35.72'S & 446.51' E OF SW COR OF NW1/4 TH E 546.59' S 375.40' W 412.22' S 225' NWLY 161.62' N 418.12' TO POB ORB 4074 P 2153
Sub Area
0203 – Bay – Central SW
Community/Resort
Bayview Heights
Waterfront
No
Section
35
Township
3S
Range
15W
Elementary School
Lucille Moore
Middle School
Jinks
High School
Bay
Directions
Traveling West on Hwy 98 the parcel is on right immediately prior to the 23rd St. overpass. Traveling from the West, just off the bridge and 23rd St. overpass the property is on left. You can access this parcel from 19th St. , Brown Ave. and Hwy 98. Parcel is immediately adjacent to the East of the CPAR office.
HOA Fee
No

Contract Info

List Price/Acre
482180.29
Sub-Type
Vacant Land
List Type
Exclusive Right of Sale
Named Exception
No

General Property Info

Acreage
4.77
Lot Size (SqFt)
207781
Is Subject Leased
No

Remarks & Misc

Remarks
Amazing Development Opportunity is Ready for You! In a Prime Location, this 4.77 acre parcel is zoned General Commercial 2. Located in the Gateway Overlay and this property is located in the Panama City Community Redevelopment Agency Tax Increment Rebate Program area. Located just before the Hathaway Bridge in Panama City, this offering fantastic traffic count and visibility when traveling on Hwy 98 East from Panama City or West to Panama City Beach. This parcel offers easy access via 3 different roads, Hwy 98, 19th St, and Brown Ave. Approximately 180 feet frontage on Hwy 98, 580 feet on 19th St, and 375 feet on Brown Ave. This property is in close proximity to Port of Panama City and Gulf Coast State College and FSU campuses as well as quick access to Historic St. Andrews and the Downtown Panama City area, and Panama City Beach. This property would be perfect for apartments, hotel, restaurant, retail store or any combination of many different commercial businesses. See more usage details in the documents section of this listing. Previously, there was a hotel that has been demolished due to damage from Hurricane Michael.

Financing

Cash
Yes
Conventional
Yes

More Information

Lot Features

Near Public Boat Ramp
Yes
Sidewalk
Yes
Within 1/2 Mile to Water
Yes

Lot/Parcel Access

City Road
Yes
Paved Road
Yes
U.S. Highway
Yes

Present Zoning

Business
Yes
General Commercial
Yes
Multi-Family
Yes
Other – See Remarks
Yes

Utilities

All Utilities
Yes

TransportationAccess

2 – Lane
Yes
4 – Lane
Yes
Divided Highway
Yes
Paved
Yes

Property Features

TransportationAccess: 2 – Lane; 4 – Lane; Divided Highway; Paved Financing: Cash; Conventional Lot Features: Near Public Boat Ramp; Sidewalk; Within 1/2 Mile to Water Utilities: All Utilities Present Zoning: Business; General Commercial; Multi-Family; Other – See Remarks
Listing Office: ERA Neubauer Real Estate, Inc
Last Updated: April – 01 – 2026
Information deemed reliable but not guaranteed.