5500 E Hwy 98 Bus, Panama City, FL 32404

$1,200,000
Property Type: Commercial for Sale Square Footage: 3,360 Lot Size (sq. ft.): 40,511 Status: Active
Current Price: $1,200,000 List Date: 11/05/2025 Last Modified: 11/05/2025

Description

Here’s a great opportunity for your business on one of the busiest intersections in the county, smack-dab in the middle of the business corridor of Parker, FL. This general commercial lot is located on 2 principle artery roadways, with average daily traffic counts of over 19000/day on Tyndall Parkway- Hwy 98, and 7900 per day on E.Business 98, according to the Florida DOT; making this parcel extremely convenient to Tyndall Air Force Base and Mexico Beach. Acquire this prime commercial location with road frontage on 3 sides, including approx 184 feet of Hwy 98 frontage! Included in the sale is a brand new 3360 SF building with 1000 SF of heated and cooled space. This is a turn-key operation to acquire an established, thriving Auto sales location. No other auto shops licenses will be granted on this main artery to Tyndall and Mexico Beach. Or, this commercial location can accommodate whatever you’re needing with development standards of: Maximum building height is 60 feet/6 stories, 10 ft setbacks on 3 sides, and maximum lot coverage of 90% allowable. This quaint, small area of Florida is growing with visitors due to the bays, bayous, new developments and new city fishing pier and boat launch, all within a few blocks of this parcel. . (Some, not all inventory shall convey. Lifts and permanent structures to convey. Buyer to verify any and all information that is important.)

More Information MLS# 781277

Contract Info

List Price/SqFt: 357.14 List Date: 2025-11-05 List Price: $1,200,000 Current Price: $1,200,000 Sub-Type: Income Producing

Location

Sub Area: 0202 – Bay – Central SE Block: C Community/Resort: None Waterfront: No Business Name: Autos Unlimited Elementary School: Tyndall Middle School: Everitt High School: Rutherford Directions: Located on the intersection of Business Hwy 98 and Tyndall Parkway (Hwy 98) Area: 02 – Bay County – Central Street #: 5500 Street Direction: E Street Name: Hwy 98 Bus State: FL Zip Code: 32404 County: Bay Subdivision: Crown Point Parcel ID: 26035-000-000 Legal Description: CROWN POINT REPLAT 119D1 LOT 14-A BLK C

General Property Info

List Class: Other Acreage: 0.93 Immediate Occupancy: Yes Construction Status: Construction Complete # of Units: 2 SqFt HVAC: 1000 # of Stories in Building: 2 SqFt Tot Bldg: 3360 Ceiling Height: 20 Association Fee: 0 Year Built: 2020

Listing Info, Tax and Legal

HOA Fee: No

Remarks & Misc

Remarks: Here’s a great opportunity for your business on one of the busiest intersections in the county, smack-dab in the middle of the business corridor of Parker, FL. This general commercial lot is located on 2 principle artery roadways, with average daily traffic counts of over 19000/day on Tyndall Parkway- Hwy 98, and 7900 per day on E.Business 98, according to the Florida DOT; making this parcel extremely convenient to Tyndall Air Force Base and Mexico Beach. Acquire this prime commercial location with road frontage on 3 sides, including approx 184 feet of Hwy 98 frontage! Included in the sale is a brand new 3360 SF building with 1000 SF of heated and cooled space. This is a turn-key operation to acquire an established, thriving Auto sales location. No other auto shops licenses will be granted on this main artery to Tyndall and Mexico Beach. Or, this commercial location can accommodate whatever you’re needing with development standards of: Maximum building height is 60 feet/6 stories, 10 ft setbacks on 3 sides, and maximum lot coverage of 90% allowable. This quaint, small area of Florida is growing with visitors due to the bays, bayous, new developments and new city fishing pier and boat launch, all within a few blocks of this parcel. . (Some, not all inventory shall convey. Lifts and permanent structures to convey. Buyer to verify any and all information that is important.)

Office

Year Built: 2020

Construction/Siding

Foundation – Slab on Grade: 1 Roof – Metal: 1

Energy

AC – 2 or More: 1 Heat – Two or More: 1 Water Heater – Tankless: 1

Other Structures

RV/Boat Storage: 1 Workshop: 1

Financing

Cash: 1 Conventional: 1 FHA: 1

Present Zoning

Business: 1 General Commercial: 1

Utilities

Electricity – Connected: 1 Public Sewer – Connected: 1 Water Connected: 1

Sale Type

As Is: 1

Business Only

Real Estate Option: Real Estate Conveys

Business/Property

Bus Est Five or More Yrs: 1 Furnished – Some: 1 Office Area: 1 Restrooms – Private: 1 Sign: 1

Floors in Unit/Home

Two: 1

Heating/Cooling

AC – Office: 1 Heat – Office: 1

Industrial

Building SqFt: 3360 Office SqFt: 1000 Property Type: Other (See Notes)

Land

Property Type: Commercial

Offering Type

Business Name: 1 Real Estate: 1 Sale Only: 1 Trade Name: 1

Pricing Type

Sale Price: 1

Site Description

Corner Location: 1

Transport. Access

4-Lane: 1 Divided Highway: 1 Median Cut: 1 Paved: 1 State Road: 1

Status Change Info

Status: Active

Property Features

Energy: AC – 2 or More; Heat – Two or More; Water Heater – Tankless Financing: Cash; Conventional; FHA Offering Type: Business Name; Real Estate; Sale Only; Trade Name Other Structures: RV/Boat Storage; Workshop Pricing Type: Sale Price Present Zoning: Business; General Commercial Sale Type: As Is Site Description: Corner Location Utilities: Electricity – Connected; Public Sewer – Connected; Water Connected
Listing Office: Overstreet Realty
Last Updated: November – 05 – 2025
Information deemed reliable but not guaranteed.