Mixed-Use Land for Sale in Panama City, Florida

1524 E 5th Business 98 St Panama City, FL 32401

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$2,400,000
1.36 acres
pending saleUnder contract

Great Location off Business Highway 98 with road and water frontage. This Commercial Waterfront parcel Zoned GC-2 fronts Watson Bayou and sits next to the exclusive Watson Landings Marina for your boating needs. New 14 wet slips recently added with power and water to each slip. Hydraulic lifts on slips. You can add more slips up to 50. Can accommodate plus 40 foot boat. All utilities in place with city sewer and water, as there used to be a dwelling on the premises prior to Hurricane. Process 80% complete for Development Order with EPA completing their inspection. Land has a seawall (250 ft) in place and a 136 foot boat Dock (deep water access), to include over 250 feet of waterfront. Excellent location and land size to build a storage facility, Retail, multi family or single-family homes as it is zoned Commercial and Mixed Use. Easy water access to Gulf with upscale marina next door for your boat fuel, storage and goods. New City Public Boat Ramp in close vicinity. Will seller finance if needed.

Directions

Go East on Highway 98 and take a right on Martin Luther King Road. Passing Bay Medical on the left, you will take a left at the stop light and follow the road (East Business 98) until you see the vacant land on the right next to Watson Landings Marina.

Location

Street Address
1524 E 5th Business 98 St
Community
Bayou Plat
Elevation
10 feet
Coordinates
30.1564, -85.6392

Property details

Zoning
Commercial, General Commercial, Industrial Light, Multi-Family, Resid Multi-Family, Resid Single Fam
MLS Number
BCAR 759811
Date Posted

Parcels

  • 22235-000-000

Legal description

This 1.36-acre property is located at 1524 E 5th Business 98 St in Panama City, FL 32401 with latitude 30.1564 and longitude -85.6392. The property is currently pending sale for $2,400,000 with a price per acre of $1,764,706. Listing data is sourced from Central Panhandle Association of Realtors # 759811.

Verify sale details at the property source or contact Coastal Sun Realty at (850) 249-2050.

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Copyright (C) 2024 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Updated . Checked 51 mins ago. Parcel data by Regrid.

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