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.