
Mixed-Use Land for Sale in Panama City, Florida
6135 E Highway 98, Panama City, FL 32404
Enjoy exceptional waterfront living on this stunning .75-acre property featuring 90 feet of bayfront along beautiful East Bay in the heart of Bay County, Florida. The property also includes an oversized double garage, offering plenty of additional space for vehicles, storage, hobbies, and more. Privacy fencing creates a peaceful retreat where you can relax and enjoy the waterfront views, while a sprinkler system helps maintain your landscaping and garden. 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 dining options, including Thai, sushi, Italian, and more. A nearby full-service marina offers charter fishing excursions, waterfront dining, a tiki bar, and opportunities to gather and socialize. Zoned Mixed-Use, this property presents 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 a potential location for retail, hospitality, restaurant, or other commercial uses. Rarely does a property combine waterfront beauty, walkable amenities, flexible mixed-use zoning, and significant development potential in one offering. Whether you're seeking a waterfront homesite, income-producing investment, or development opportunity, this East Bay property offers a variety of possibilities. Some photos have been modified using AI. Buyer to verify all information deemed important.
Location
- Street address
- 6135 E Highway 98
- County
- Bay County
- Zip code
- 32404
- Elevation
- 36 feet
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
Property details
- Lot size
- 0.75 acres32,670 sq ft
- MLS #
- BCAR 791816
- Posted
Parcels
- 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
Details and features
Listing
- Type
- Commercial Sale
- Franchise
- Keller Williams Realty
Lot
- Waterfront
- Yes
Exterior
- Structures
- Workshop
Structure
- Sewer
- Public Sewer
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Sept 18, 2026 | Price drop | $430,000 | $25,000 -5.5% | BCAR |
| Sept 10, 2026 | Price drop | $455,000 | $34,500 -7% | BCAR |
| Sept 9, 2026 | Price drop | $489,500 | $500 -0.1% | BCAR |
| Aug 30, 2026 | Price drop | $490,000 | $10,000 -2% | BCAR |
| July 4, 2026 | New listing | $500,000 | — | BCAR |



































