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
…
(Read more)
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.
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.