5045 E Highway 98, Panama City, FL 32404 (MLS# 786757)

5045 E Highway 98, Panama City, FL 32404

$525,000

Possible improvements for Commercial Use

Property Type: Commercial for Sale Square Footage: 1,800 Lot Size (sq. ft.): 12,197 Status: Active

Current Price: $525,000 List Date: 3/13/2026 Last Modified: 8/28/2026

Overview

Description

Welcome to this one-of-a-kind custom property with superb craftsmanship and luxury materials, along with unique details you have to see to believe. Classic style with brick dual sided fireplace, newly refinished wood floors, high ceilings, and modern amenities. Amazing location with easy access to main highways, high traffic, and close proximity to Tyndall Air Force Base. Spacious living and open area with lots of options for 5 bedrooms/offices Beautiful new kitchen will impress your customers with plenty of room for reception area, waiting room, display, or presentation room. The kitchen boasts gorgeous granite counter-tops and all new kitchen and stainless appliances. Spacious yard is high and dry, with room for more structures, equipment, storage, or additional parking. A front covered porch is very welcoming and a large covered rear porch is your key to a shady afternoon retreat, entertaining guests, or enjoying a relaxing rain shower. A fully fenced yard for your privacy a … (Read more) Welcome to this one-of-a-kind custom property with superb craftsmanship and luxury materials, along with unique details you have to see to believe. Classic style with brick dual sided fireplace, newly refinished wood floors, high ceilings, and modern amenities. Amazing location with easy access to main highways, high traffic, and close proximity to Tyndall Air Force Base. Spacious living and open area with lots of options for 5 bedrooms/offices Beautiful new kitchen will impress your customers with plenty of room for reception area, waiting room, display, or presentation room. The kitchen boasts gorgeous granite counter-tops and all new kitchen and stainless appliances. Spacious yard is high and dry, with room for more structures, equipment, storage, or additional parking. A front covered porch is very welcoming and a large covered rear porch is your key to a shady afternoon retreat, entertaining guests, or enjoying a relaxing rain shower. A fully fenced yard for your privacy and security. Located within minutes to revitalized and booming downtown Panama City, with dozens of restaurants, shops, night spots, and activities. The area is abundant with parks, boating, fishing, events, and ongoing improvements to the area. Whether looking for your next home, or investing in the future of Panama City, this property has room to add additional dwelling units, pool, parking, outbuildings, and so much more! With Mixed-Use Zoning, there are options for commercial use, live-work situations, and so much more! Also offered as a commercial lease. Alterations to the home can be negotiated. All appliances, including HVAC and Water Heaters, are within 3 years old and warrantied. This entire home has been remodeled by quality contractors and is like new, with some original touches kept for historic and aesthetic value. Furniture is virtually staged except for a few pieces that are negotiable. Offered for Lease at $3500.00 Monthly NNN for 5 year minimum. Longer leases are negotiable.

Listing Details MLS# 786757

Contract Info

List Price/SqFt: 291.67
Sub-Type: Other

Location

Area: 02 – Bay County – Central
Street #: 5045
Street Direction: E
Street Name: Highway 98
State: FL
Zip Code: 32404
County: Bay
Sub Area: 0202 – Bay – Central SE
Subdivision: W H Parker
Community/Resort: None
Waterfront: No
Parcel ID: 25249-070-000
Elementary School: Tyndall Academy
Middle School: Rosenwald
High School: Rutherford
Directions: Located on North side of Business 98.
Legal Description: W H PARKER PLAT-(2.95) BEG 25'S & 330'W & 507'S OF NE COR LOT 27 TH S 90' E 135' N 90' W 135' TO POB ORB 4621 P 2059

General Property Info

List Class: Other
Construction Status: Construction Complete
Site Dimensions: 135' x 110'
Acreage: 0.28
SqFt Tot Bldg: 1800
Year Built: 1930

Listing Info, Tax and Legal

HOA Fee: No

Remarks & Misc

Remarks: Welcome to this one-of-a-kind custom property with superb craftsmanship and luxury materials, along with unique details you have to see to believe. Classic style with brick dual sided fireplace, newly refinished wood floors, high ceilings, and modern amenities. Amazing location with easy access to main highways, high traffic, and close proximity to Tyndall Air Force Base. Spacious living and open area with lots of options for 5 bedrooms/offices Beautiful new kitchen will impress your customers with plenty of room for reception area, waiting room, display, or presentation room. The kitchen boasts gorgeous granite counter-tops and all new kitchen and stainless appliances. Spacious yard is high and dry, with room for more structures, equipment, storage, or additional parking. A front covered porch is very welcoming and a large covered rear porch is your key to a shady afternoon retreat, entertaining guests, or enjoying a relaxing rain shower. A fully fenced yard for your privacy and security. Located within minutes to revitalized and booming downtown Panama City, with dozens of restaurants, shops, night spots, and activities. The area is abundant with parks, boating, fishing, events, and ongoing improvements to the area. Whether looking for your next home, or investing in the future of Panama City, this property has room to add additional dwelling units, pool, parking, outbuildings, and so much more! With Mixed-Use Zoning, there are options for commercial use, live-work situations, and so much more! Also offered as a commercial lease. Alterations to the home can be negotiated. All appliances, including HVAC and Water Heaters, are within 3 years old and warrantied. This entire home has been remodeled by quality contractors and is like new, with some original touches kept for historic and aesthetic value. Furniture is virtually staged except for a few pieces that are negotiable. Offered for Lease at $3500.00 Monthly NNN for 5 year minimum. Longer leases are negotiable.

More Information

Construction/Siding

Floor – Hardwood: Yes
Foundation – Off Grade: Yes
Roof – Dimensional Shg: Yes

Energy

AC – Central Elect: Yes

Financing

Cash: Yes
Conventional: Yes
Will Lease: Yes

Present Zoning

Other – See Remarks: Yes

Utilities

Electricity – Connected: Yes
Public Sewer – Connected: Yes
Water Connected: Yes

Sale Type

As Is: Yes

Business/Property

Furnished – None: Yes

Floors in Unit/Home

One: Yes

Heating/Cooling

AC – Central: Yes

Offering Type

Sale or Lease: Yes

Pricing Type

Sale Price: Yes

Transport. Access

2-Lane: Yes

Property Features

Energy: AC – Central Elect Financing: Cash; Conventional; Will Lease Offering Type: Sale or Lease Pricing Type: Sale Price Present Zoning: Other – See Remarks Sale Type: As Is Utilities: Electricity – Connected; Public Sewer – Connected; Water Connected

Listing Office: Keller Williams Success Realty

Last Updated: August – 28 – 2026

Information deemed reliable but not guaranteed.