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4.77 Acres of Commercial Land for Sale in Panama City, Florida
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Commercial Land for Sale in Panama City, Florida

4810 W Highway 98, Panama City, FL 32401

$2,400,000
4.77 acres
Active
ago
Est $18,021/mo

Amazing Development Opportunity is Ready for You! In a Prime Location, this 4.77 acre parcel zoned General Commercial 2, in the Gateway Overlay, is located just before the Hathaway Bridge in Panama City, this offering fantastic traffic count and visibility when traveling on Hwy 98 East from Panama City or West to Panama City Beach. This parcel offers easy access via 3 different roads, Hwy 98, 19th St, and Brown Ave. Approximately 180 feet frontage on Hwy 98, 580 feet on 19th St, and 375 feet on Brown Ave. This property is in close proximity to Port of Panama City and Gulf Coast State College and FSU campuses as well as quick access to Historic St. Andrews and the Downtown Panama City area, and Panama City Beach. This property would be perfect for apartments, hotel, restaurant, retail store or any combination of many different commercial businesses. See more usage details in the documents section of this listing. Previously, there was a hotel that has been demolished due to damage from Hurricane Michael.

Location

Street address
4810 W Highway 98
County
Bay County
Elevation
20 feet
Coordinates
30.1824, -85.7224
Land for sale in Florida

Directions

Traveling West on Hwy 98 the parcel is on right immediately prior to the 23rd St. overpass. Traveling from the West, just off the bridge and 23rd St. overpass the property is on left. You can access this parcel from 19th St. , Brown Ave. and Hwy 98. Parcel is immediately adjacent to the East of the CPAR office.

Property details

Acreage
4.77 acres
MLS #
BCAR 783424
Posted

Parcels

  • 28274-000-000

Legal description

BAYVIEW ADD 35 3S 15W BEG 277'E & 35.72'S & 446.51' E OF SW COR OF NW1/4 TH E 546.59' S 375.40' W 412.22' S 225' NWLY 161.62' N 418.12' TO POB ORB 4074 P 2153

Details and features

Listing

Type
Commercial Sale
Zoning
Multi-Family, General Commercial, Business
Franchise
ERA Real Estate

Listing history

DateEventPriceChangeSource
Jan 9, 2026New listing$2,400,000—BCAR
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This 4.77-acre property is located at 4810 W Highway 98 in Panama City, FL 32401. The property is available for sale for $2,400,000 with a price per acre of $503,145.

Checked 8 hours ago — Updated

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Copyright (C) 2026 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.

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