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$1,294,000
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Property Description
No retention pond required, per Panama City Engineering! Excellent opportunity with 43,500 daily traffic count. Prime location zoned General Commercial. The property has perviously been improved and demolished after the storm, leaving a blank slate for your vision. The existing pavement grandfathers this property in so there is no retention pond required.
Full Property Details
Full Property Details for 4127 W Hwy 98
General
- Price: $1,294,000
- Status: Active
- Type: Commercial Land
- Source: Bay_County
- MLS ID: 788190
- Updated: 4/11/2026
- Added to Site: 138 day(s) ago
Location
- County: Bay
- Subdivision: No Named Subdivision
- Driving Directions: Driving East leaving Panama City Beach, property is on your right hand side.
Community
- Community Name: 02 - Bay County - Central
Lot Features
- Lot Size (Acres): 0.77
- Lot Size (Sq. Ft.): 33,715
- Lot Size: .77
- Frontage: City Street, Highway, Paved
- Zoning: City, General Commercial
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: BAYVIEW ADD W 5.7' LOT 6 LOTS 7, 8, 9 & N 12 OF CLOSED ALLEY & LESS N 17' TO W HWY 98 BLK 22 ORB 1529 P 608 ORB 3016 P 685
- Property ID: 28364-000-000
Listed by Think Real Estate
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Schools
Schools serving 4127 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 | 0.5 mi |
Jinks Middle School 600 West 11th Street, Panama City, FL 32401 | 6-8 | 2.9 mi |
Bay High School 1200 Harrison Avenue, Panama City, FL 32401 | 9-12 | 3.3 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 4127 W Hwy 98
Date
Details
Price
Change
Source
4/10/2026
Listed
$1,294,000
66.97%
MLS
1/15/2008
Sold
$775,000
—
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 4127 W Hwy 98
Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,282
1%
$347,269
—
2023
$5,206
-15%
$347,269
-6%
2021
$6,118
39%
$371,124
38%
2022
$4,415
-28%
$269,723
-28%
2021
$6,118
4%
$376,398
3%
2019
$5,889
-26%
$364,322
-27%
2015
$7,913
-2%
$501,819
-3%
2014
$8,052
9%
$515,026
1%
2013
$7,408
—
$511,781
—
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 4127 W Hwy 98
4127 W Highway 98, Panama City, FL 32401 (MLS# 788190) is a Commercial Land property with a lot size of 0.77 acres. 4127 W Highway 98 is currently listed for $1,294,000 and was received on April 10, 2026. Want to learn more about 4127 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.

