6241 E Hwy 98 Bus, Panama City, FL 32404

$599,000
Property Type: Residential Land Lot Size (sq. ft.): 50,094 Status: Pending
Current Price: $599,000 List Date: 9/26/2025 Last Modified: 5/29/2026

Overview

Description

Prime development opportunity. This 1.15± acre parcel offers waterfront and unmatched potential for a townhouse community, a spacious single-family residence, or a commercial development. Located on busy Tyndall Parkway just minutes from Tyndall Air Force Base, the property provides exceptional visibility and convenience. With the area experiencing rapid growth, this site is perfectly positioned to capture strong demand for housing and a commercial development of any kind. The combination of water views, accessibility, and proximity to the base makes it ideal for developers or homeowners seeking both value and future growth. The listing includes two parcels and both are currently zoned MU-2 in the City of Parker which allows for many different uses.

Listing Details MLS# 779610

Contract Info

List Price/Acre
520869.57

Location

Street #
6241
Street Direction
E
Street Name
Hwy 98 Bus
Area
02 – Bay County – Central
State
FL
Zip Code
32404
County
Bay
Sub Area
0202 – Bay – Central SE
Subdivision
Blackshear-Cooper 1st Add
Community/Resort
None
Waterfront
Yes
Parcel ID
26239-010-000
Elementary School
Tyndall
Middle School
Everitt
High School
Rutherford
Directions
Site is 0.34± miles north of the Tyndall bridge on the east side of Tyndall Parkway.
Legal Description
BLACKSHEAR-COOPER 1ST ADD WLY 200' OF LOTS 18 & 19 ORB 3975 P 1505 & BLACKSHEAR-COOPER 1ST ADD LOTS 18 & 19 LESS WLY 200' ORB 3975 P 1507

General Property Info

Sub-Type
Vacant Land
Lot Dimensions
120×460
Acreage
1.15
Lot Size (SqFt)
50094

Status Change Info

Under Contract Date
2026-03-17

Listing Info, Tax & Legal

HOA Fee
No
Is Subject Leased
No
As Is
Yes

Remarks & Misc

Remarks
Prime development opportunity. This 1.15± acre parcel offers waterfront and unmatched potential for a townhouse community, a spacious single-family residence, or a commercial development. Located on busy Tyndall Parkway just minutes from Tyndall Air Force Base, the property provides exceptional visibility and convenience. With the area experiencing rapid growth, this site is perfectly positioned to capture strong demand for housing and a commercial development of any kind. The combination of water views, accessibility, and proximity to the base makes it ideal for developers or homeowners seeking both value and future growth. The listing includes two parcels and both are currently zoned MU-2 in the City of Parker which allows for many different uses.

More Information

Utilities

All Utilities
Yes

Waterfront Type

Bay/Harbor
Yes

Property Features

Utilities: All Utilities Waterfront Type: Bay/Harbor
Listing Office: Counts Real Estate Group
Last Updated: May – 29 – 2026
Information deemed reliable but not guaranteed.