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3304 W Highway 98, Panama City, FL 32405
$749,900
3304 W Highway 98, Panama City, FL 32405View this property at 3304 W Highway 98, Panama City, FL 32405
3304 W Highway 98Panama CityFL32405
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Property Description
SHOVEL-READY HWY COMMERCIAL GC-2! 140 linear ft of frontage on Hwy 98, this .86 parcel was previously a car wash. Prelim site plans with approval for car wash exist, or any of the uses outlined in Panama City Zoning Codes GC1 and GC2, including, but not limited to: Retail, Restaurant, Office, Recreation, Vehicle Dealers or Repair, Childcare, Grocer, Cannabis Dispensing Facilities, and other similar uses. Bay County is located in the heart of the Florida Panhandle and at the center of the southeast U.S. Gulf Coast surrounded by seven military bases that stretch across northwest Florida and southeast Alabama. This stable military presence provides a strong defense and aerospace supplier sector that further enhances the economy. In addition, Bay County is home to one of the nation's newest international airports centered in a commercial growth area just north of Panama City Beach. Southern Business & Development magazine ranks Panama City as the South's #1 Pro-Business Beach Community. $32.5M Project Maple at Northwest Florida Beaches International Airport to Spark Economic Growth, Diversification Premier Aviation to open location here, creating 250 high-wage jobs. Stats above courtesy Bay EDA.
Full Property Details
Full Property Details for 3304 W Hwy 98
General
- Price: $749,900
- Taxes: $6,505 (2023)
- Status: Active
- Type: Commercial Investment
- MLS ID: 1014452
- Updated: 5/30/2024
- Added to Site: 26 day(s) ago
Parking
- Parking Features: Other
Location
- Area: 999 - Out of Area
- County: Bay
- Subdivision: None
- Driving Directions: Directly on US Hwy 98 2 miles east of the Hathaway Bridge on the left
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Exterior Const.: Other
- Current Bldg. Use: Unimproved
Lot Features
- Lot Features: Cleared, Corner Lot
Financial Considerations
- Tax Amount: $6,505.15
- Tax Year: 2023
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Legal Description: 36 3S 15W W1/2 OF SW1/4 LOTS 8 & 9 BLK 5 LOT 1 BLK 12 & THAT PART OF 18TH ST LYING BETWEEN LOT 9 BLK 5 & LOT 1 BLK 12 O
- Property ID: 28986-000-000
Listed by Epique Realty Inc.
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Schools
Schools serving 3304 W Hwy 98
School District:Bay District Schools
Rating | Name | Grades | Distance |
---|---|---|---|
1900 Michigan Ave, Panama City, FL 32405 | PK-5 | 0.2 mi | |
600 W 11th St, Panama City, FL 32401 | 6-8 | 2.4 mi | |
1200 Harrison Ave, Panama City, FL 32401 | 9-12 | 2.8 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3304 W Hwy 98
Date
Details
Price
Change
Source
5/20/2024
Listed
$749,900
42.84%
MLS
2/16/2022
Sold
$525,000
—
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 3304 W Hwy 98
Year
Property Taxes
Change
Tax Assessment
Change
2023
$6,505
44%
$389,443
36%
2021
$4,533
-11%
$286,897
-12%
2022
$5,112
13%
$325,221
31%
2021
$4,533
17%
$249,087
4%
2019
$3,870
-6%
$239,418
-12%
2018
$4,122
2%
$272,213
1%
2017
$4,025
-3%
$268,594
-1%
2016
$4,162
-20%
$271,402
-18%
2015
$5,218
—
$330,926
-1%
2014
$5,218
7%
$333,734
-1%
2013
$4,872
—
$336,543
—
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 3304 W Hwy 98
3304 W Highway 98, Panama City, FL 32405 (MLS# 1014452) is a Commercial Investment property. 3304 W Highway 98 is currently listed for $749,900 and was received on May 20, 2024. Want to learn more about 3304 W Highway 98? Do you have questions about finding other Commercial Investment 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.