XXX W Highway 98, Panama City, FL 32401

$4,900,000

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List Price
$4,900,000
Status
ACTIVE
Price Change
▼ $100,000 1760389383
MLS#
772654
Subtype
Land
Lot Size
111,949
Acres
2.57
Subdivision
No Named Subdivision
Neighborhood
Bay - Central SW
MLS Area Major
Bay County - Central

Property Description

Exceptional opportunity to acquire 2.57± acres of prime commercial waterfront property, strategically located in Panama City. Zoned General Commercial, this site supports a broad array of development opportunities such as retail centers, professional office complexes, service businesses, wholesale sales, shopping plazas, and more. The zoning is designed to accommodate intensive commercial activity, making it ideal for developers or investors seeking a high-potential waterfront site in a growing market. Boasting a 2024 FDOT Average Daily Traffic Count of 41,500, this high-visibility site offers unparalleled access and exposure for a wide range of commercial ventures. Situated close to major regional landmarks including Hathaway Bridge, the Port of Panama City, Gulf Coast State College, and Florida State University's Panama City campus, this property sits at the crossroads of commerce, education, and infrastructure. Don't miss this rare opportunity to develop a high-impact commercial property in one of Panama City's most accessible and dynamic locations.

Additional Information

Zoning
General Commercial

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Calculator source: Real Geeks

Listing courtesy of SOUTHERN WAY REALTY, INC..