6135 E Highway 98, Panama City, FL 32404

New Listing
$500,000
Property Type: Commercial Land Lot Size (sq. ft.): 32,670 Status: Active
Current Price: $500,000 List Date: 6/24/2026 Last Modified: 6/24/2026

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. 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 y

Listing Details MLS# 791816

Location, Tax & Legal

Street #
6135
Street Direction
E
Street Name
Highway 98
State
FL
Zip Code
32404
County
Bay
Area
02 – Bay County – Central
Subdivision
No Named Subdivision
Parcel ID
26224-000-000
Legal Description
BLACKSHEAR-COOPER 1ST ADD (5.01) LOT 5 & NLY 1/2 LOT 6 ORB 851 P 793 SUB TO CITY OF PARKER ESMT
Sub Area
0202 – Bay – Central SE
Community/Resort
None
Waterfront
Yes
Elementary School
Parker
Middle School
Everitt
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
HOA Fee
No

Contract Info

List Price/Acre
666666.67
Sub-Type
Land/Acres
List Type
Exclusive Right of Sale
Named Exception
No

General Property Info

Site Dimensions
90.0 ft x 365.0 ft
Acreage
0.75
Lot Size (SqFt)
32670
Is Subject Leased
No

Waterfront Feature

Waterfront Feet
90
Shore – Beach
Yes
Shore – Natural
Yes

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. 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. The Studio Apartment/oversized double garage holds no value unless the Buyer builds a primary dwelling. Some photos have been modified by AI. Buyer to verify any information deemed important.

More Information

Other Structures

Workshop
Yes

Financing

Cash
Yes
Conventional
Yes
FHA
Yes
VA
Yes

Lot Features

Cleared
Yes
Landscaped
Yes
Sidewalk
Yes
Waterfront
Yes

Utilities

Public Sewer – Connected
Yes
Water Connected
Yes

Waterview

Bay
Yes

Waterfront Type

Bay/Harbor
Yes

TransportationAccess

4 – Lane
Yes
Center Turn Lane
Yes
Divided Highway
Yes

Property Features

TransportationAccess: 4 – Lane; Center Turn Lane; Divided Highway Financing: Cash; Conventional; FHA; VA Lot Features: Cleared; Landscaped; Sidewalk; Waterfront Other Structures: Workshop Utilities: Public Sewer – Connected; Water Connected Waterfront Type: Bay/Harbor Waterfront Feature: Shore – Beach; Shore – Natural Waterview: Bay
Listing Office: Keller Williams Success Realty
Last Updated: June – 24 – 2026
Information deemed reliable but not guaranteed.