4841 E Highway 98, Panama City, FL 32404
New Listing
$299,000
Property Type:
Commercial for Sale
Square Footage:
4,440
Lot Size (sq. ft.):
28,750
Status:
Active
Current Price:
$299,000
List Date:
8/14/2026
Last Modified:
8/14/2026
Listing Details MLS# 794085
Contract Info
- List Price/SqFt
- 67.34
- Sub-Type
- Business Only
Location
- Area
- 02 – Bay County – Central
- Street #
- 4841
- Street Direction
- E
- Street Name
- Highway 98
- State
- FL
- Zip Code
- 32404
- County
- Bay
- Sub Area
- 0202 – Bay – Central SE
- Subdivision
- Lake Drive Heights
- Community/Resort
- DIB District
- Waterfront
- No
- Parcel ID
- 25347-000-000
- Elementary School
- Parker
- Middle School
- Everitt
- High School
- Rutherford
- Directions
- Head east on US-98 E, Turn right onto Frankford Ave, Turn left onto US-98 BUS E/W Beach Dr, Turn left onto US-98 BUS E/W 6th St, Continue to follow US-98 BUS E, Pass by Dollar General, Destination will be on the left
- Legal Description
- LAKE DRIVE HEIGHTS LOTS 19,20,21,22 BLK E ORB 4103 P 85
General Property Info
- List Class
- Commercial
- Construction Status
- Construction Complete
- Site Dimensions
- 175.0 ft x 164.0 ft
- Acreage
- 0.66
- Lot Depth
- 164
- Lot SqFt
- 28662
- SqFt Tot Bldg
- 4440
- Year Built
- 1980
Listing Info, Tax and Legal
- HOA Fee
- No
Remarks & Misc
- Remarks
- **High-Visibility Highway 98 Commercial Redevelopment Opportunity** Excellent commercial redevelopment opportunity on approximately 0.65 acres with an impressive 175 feet of frontage along East Highway 98 in Panama City. This highly visible property currently features two commercial buildings, including a 2,340-square-foot vehicle service building and an approximately 2,100-square-foot building identified by the Property Appraiser as vehicle sales/retail. The site offers extensive concrete parking and a prominent location along a well-traveled commercial corridor, providing excellent exposure for a future development or commercial venture. With substantial highway frontage, existing improvements, ample paved parking, and a strategic Panama City location, this property presents an attractive opportunity for investors and developers looking to redevelop or reposition a high-profile commercial site. The existing buildings may provide potential interim use while plans for redevelopment are explored. Buyer to verify zoning, permitted uses, development potential, dimensions, utilities, and all other property information with the appropriate governmental authorities.
More Information
Construction/Siding
- Block
- Yes
- Foundation – Slab on Grade
- Yes
- Roof – Metal
- Yes
- Siding – Metal
- Yes
- Siding – Stucco
- Yes
Financing
- Cash
- Yes
Present Zoning
- General Commercial
- Yes
Utilities
- Sewer Available
- Yes
- Water Connected
- Yes
Sale Type
- As Is
- Yes
Floors in Unit/Home
- One
- Yes
Offering Type
- Sale Only
- Yes
Transport. Access
- City Road
- Yes
- Paved
- Yes
Property Features
Financing:
Cash
Offering Type:
Sale Only
Present Zoning:
General Commercial
Sale Type:
As Is
Utilities:
Water Connected; Sewer Available
Listing Office:
Legacy Premier Agency
Last Updated: August – 14 – 2026
Information deemed reliable but not guaranteed.