5500 E Hwy 98 Bus, Panama City, FL 32404 (MLS# 781277)

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

Overview

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 sto … (Read more)

Listing Details MLS# 781277

Contract Info

List Price/SqFt: 357.14
Sub-Type: Income Producing

Location

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

General Property Info

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

Business Only

Real Estate Option: Real Estate Conveys

Industrial

Building SqFt: 3360
Office SqFt: 1000

More Information

Office

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.)

Construction/Siding

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

Energy

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

Other Structures

RV/Boat Storage: Yes
Workshop: Yes

Financing

Cash: Yes
Conventional: Yes
FHA: Yes

Present Zoning

Business: Yes
General Commercial: Yes

Utilities

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

Sale Type

As Is: Yes

Business/Property

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

Floors in Unit/Home

Two: Yes

Heating/Cooling

AC – Office: Yes
Heat – Office: Yes

Offering Type

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

Pricing Type

Sale Price: Yes

Site Description

Corner Location: Yes

Transport. Access

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

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.