6135 E Highway 98, Panama City, FL 32404

$500,000
Property Type: Commercial for Sale Square Footage: 900 Lot Size (sq. ft.): 32,670 Status: Active
Current Price: $500,000 List Date: 5/20/2026 Last Modified: 6/11/2026

Overview

Description

Enjoy exceptional waterfront living on this stunning .75-acre property featuring 90 feet of beautiful East Bay shoreline in the heart of Bay County, Florida. This unique property offers approximately 800 square feet of heated and cooled studio-style living space, perfectly designed to capture breathtaking water views through expansive picture windows and showcase unforgettable sunrises each day. The home features a spacious, attached, oversized two-car garage and a large, welcoming, open pole barn-style front porch ideal for relaxing while taking in the scenic bayfront setting. Privacy fencing offers the perfect retreat to take in the views, while a newer sprinkler system keeps your garden creations maintained. This property offers an unbeatable lifestyle location. Sidewalks provide easy access to two nearby parks, including a public pier, walking trails, a large wooded playground, and a Frisbee golf course–all within walking distance. Directly across the street, enjoy a wide variety

Listing Details MLS# 790130

Contract Info

List Price/SqFt
555.56
Sub-Type
Other

Location

Area
02 – Bay County – Central
Street #
6135
Street Direction
E
Street Name
Highway 98
State
FL
Zip Code
32404
County
Bay
Sub Area
0202 – Bay – Central SE
Subdivision
No Named Subdivision
Community/Resort
None
Waterfront
Yes
Parcel ID
26224-000-000
Elementary School
Parker
Middle School
Jinks
High School
Rutherford
Directions
Heading to TAFB from PCB, just pass Under The Oaks Park to the left, drive .8 of a mile, and you will see a sign Pelican Manner this 2935 HWY 98 E is at that sign. Legal Description: BLACKSHEAR-COOPER 1ST ADD (5.01) LOT 5 & NLY 1/2 LOT 6 ORB 851 P 793
Legal Description
BLACKSHEAR-COOPER 1ST ADD (5.01) LOT 5 & NLY 1/2 LOT 6 ORB 851 P 793

General Property Info

List Class
Detached Single Family
Immediate Occupancy
Yes
Construction Status
Construction Complete
# of Stories in Building
Yes
Site Dimensions
90 x 365
Acreage
0.75
SqFt – Workarea
2
SqFt Tot Bldg
900
Year Built
1992

Waterfront Feature

Waterfront Feet
90
Shore – Beach
Yes
Shore – Natural
Yes

Listing Info, Tax and Legal

HOA Fee
No

More Information

Remarks & Misc

Remarks
Enjoy exceptional waterfront living on this stunning .75-acre property featuring 90 feet of beautiful East Bay shoreline in the heart of Bay County, Florida. This unique property offers approximately 800 square feet of heated and cooled studio-style living space, perfectly designed to capture breathtaking water views through expansive picture windows and showcase unforgettable sunrises each day. The home features a spacious, attached, oversized two-car garage and a large, welcoming, open pole barn-style front porch ideal for relaxing while taking in the scenic bayfront setting. Privacy fencing offers the perfect retreat to take in the views, while a newer sprinkler system keeps your garden creations maintained. This property offers an unbeatable lifestyle location. Sidewalks provide easy access to two nearby parks, including a public pier, walking trails, a large wooded playground, and a Frisbee golf course–all within walking distance. Directly across the street, enjoy a wide variety of restaurants, cafes, bakeries, coffee shops, and diverse dining options, including Thai, sushi, Italian, and more. Nearby is a full-service marina that offers charter fishing excursions, waterfront dining, a tiki bar, and social gathering opportunities, creating endless recreational possibilities right outside your door. Zoned Mixed-Use, this property presents incredible opportunities beyond personal enjoyment. Whether you envision a private waterfront retreat, short-term rental investment, multifamily development, townhomes, apartments, or up to 12 units, the development potential is substantial. Its prime frontage along Tyndall Parkway, with thousands of daily passing vehicles, also makes it an outstanding candidate for retail, hospitality, restaurant, or other commercial opportunities. Rarely does a property combine waterfront beauty, walkable amenities, flexible mixed-use zoning, and exceptional development potential in one offering. Whether you're seeking a dream home, income-producing investment, or large-scale development opportunity, this East Bay property delivers endless possibilities. Don't miss this rare chance to own one of Bay County's most versatile waterfront properties. Contact your favorite Realtor today to schedule a private showing or learn more. Some photos have been modified by AI. Buyer to verify any information deemed important.

Construction/Siding

Foundation – Slab on Grade
Yes
Roof – Metal
Yes
Trim – Hardie Board
Yes

Other Structures

Pole Barn
Yes
Workshop
Yes

Financing

Cash
Yes
Conventional
Yes
FHA
Yes
VA
Yes

Waterview

Bay
Yes

Waterfront Type

Bay/Harbor
Yes

Floors in Unit/Home

One
Yes

Property Features

Financing: Cash; Conventional; FHA; VA Other Structures: Pole Barn; Workshop Waterfront Type: Bay/Harbor Waterfront Feature: Shore – Beach; Shore – Natural Waterview: Bay
Listing Office: Keller Williams Success Realty
Last Updated: June – 11 – 2026
Information deemed reliable but not guaranteed.