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$819,000 Just Listed
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Property Description
3112 W Hwy 98 is a ±1.67 acre commercial corner site in the St. Andrews area of Panama City. The property takes up most of its block, with ±173 feet on US Highway 98 and frontage on W 18th Street, Cincinnati Avenue and Bayview Avenue, giving a buyer several options for access and site layout. The property sits ±1 mile east of the Hathaway Bridge, near St. Andrew Bay, and is convenient to Port Panama City, Gulf Coast State College, FSU Panama City and Panama City Beach. Neighborhood General (NG) zoning supports walkable commercial, residential and mixed-use development, making the site a fit for a wide range of users. 42,000 FDOT AADT. A ±0.11 acre parcel across the street at 3106 W 18th Street is also available, on its own for $61,000 or with the main site for a package price of $869,000.
Full Property Details
Full Property Details for 3112 W Hwy 98
General
- Price: $819,000
- Status: Active
- Type: Commercial Land
- Source: Bay_County
- MLS ID: 796081
- Updated: 9/30/2026
- Added to Site: 3 day(s) ago
Location
- County: Bay
- Subdivision: No Named Subdivision
- Driving Directions: From downtown Panama City: Head west on US Hwy 98. The site is on the right just past Bayview Ave, next to Howell Tackle.
Community
- Community Name: 02 - Bay County - Central
Lot Features
- Lot Size (Acres): 1.67
- Lot Size (Sq. Ft.): 72,745
- Lot Size: 1.67
Disclosures and Reports
- Legal Description: 36 3S 15W E1/2 OF SW1/4 COM AT NE COR OF LOT 4 BLK 14 S ALONG E LINE OF BLK 14 270.1 TO NLY R/W OF HWY 98 NWLY 192.10' TO POB TH NELY 165.41' TO N LINE OF LOT 4 ELY 47.43' TO NE COR OF LOT 4 N 198' TO NE COR OF BLK 14 W 280' TO NW COR OF BLK 14 S 227.35' TO NLY R/W OF HWY 98 SELY 173.43' TO POB BLK 14 ORB 3609 P 2045
- Property ID: 28920-000-000
Listed by Nai Talcor
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Schools
Schools serving 3112 W Hwy 98
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Lucille Moore Elementary School 1900 Michigan Avenue, Panama City, FL 32405 | PK-5 | 0.3 mi |
Jinks Middle School 600 West 11th Street, Panama City, FL 32401 | 6-8 | 2.2 mi |
Bay High School 1200 Harrison Avenue, Panama City, FL 32401 | 9-12 | 2.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3112 W Hwy 98
Date
Details
Price
Change
Source
9/30/2026
Listed
$819,000
104.75%
MLS
6/18/2002
Sold
$400,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 3112 W Hwy 98
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,460
-2%
$219,051
-1%
2024
$3,523
-5%
$221,852
—
2023
$3,726
13%
$221,852
11%
2021
$3,292
2%
$200,172
—
2022
$3,212
-2%
$200,172
4%
2021
$3,292
13%
$192,584
7%
2019
$2,920
7%
$180,660
—
2018
$2,736
4%
$180,660
3%
2017
$2,626
-2%
$175,240
—
2016
$2,687
-23%
$175,240
-21%
2015
$3,498
-13%
$221,852
-13%
2014
$4,008
8%
$256,324
—
2013
$3,710
—
$256,324
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 3112 W Hwy 98
3112 W Highway 98, Panama City, FL 32401 (MLS# 796081) is a Commercial Land property with a lot size of 1.67 acres. 3112 W Highway 98 is currently listed for $819,000 and was received on September 30, 2026. Want to learn more about 3112 W Highway 98? Do you have questions about finding other Commercial Land real estate for sale in Panama City? You can browse all Panama City real estate or contact a Coldwell Banker agent to request more information.

