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$649,000
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Property Description
Discover an exceptional opportunity with this 0.67-acre commercial lot located on Highway 98, in a bustling and high-visibility location. Formerly housing a drive-thru restaurant, this prime property offers unparalleled access and exposure, perfect for a wide array of business ventures. Featuring two paved entrances, it ensures smooth traffic flow and convenient access for customers. All essential utilities are readily available, making it an accessible and cost-effective solution for your business needs.Remarkable flexibility, allowing for diverse commercial uses such as retail stores, offices, restaurants, car washes, banks, hotels, and more. Whether you're looking to open a new restaurant, expand your retail presence, or venture into another promising commercial enterprise, this lot provides the ideal canvas. Capitalize on this prime Highway 98 location to manifest your business vision and drive success. Contact us today for further details and to schedule a viewing of this prime commercial lot.
Full Property Details
Full Property Details for 4305 W Hwy 98
General
- Price: $649,000
- Status: Active
- Type: Commercial Land
- Source: Bay_County
- MLS ID: 780652
- Updated: 1/3/2026
- Added to Site: 90 day(s) ago
Location
- County: Bay
- Subdivision: Bayview Add
- Driving Directions: Traveling East from the Hathaway Bridge, the property is on the right side of Hwy 98 just before High Avenue
Community
- Community Name: 02 - Bay County - Central
Utilities
- Sewer: Public Sewer
- Utility Description: Sewer Available
Lot Features
- Lot Size (Acres): 0.67
- Lot Size (Sq. Ft.): 29,185
- Lot Size: .67
- Frontage: City Street
- Zoning: General Commercial
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: BAYVIEW ADD LOTS 6 & 7 & W 12.04' LOT 5 LESS HWY 98 R/W BLK 21 ORB 4675 P 1513
- Property ID: 28348-000-001
Listed by Keller Williams Success Realty
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Schools
Schools serving 4305 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 | 0.6 mi |
Jinks Middle School 600 West 11th Street, Panama City, FL 32401 | 6-8 | 3 mi |
Bay High School 1200 Harrison Avenue, Panama City, FL 32401 | 9-12 | 3.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4305 W Hwy 98
Date
Details
Price
Change
Source
1/03/2026
Price Reduced
$649,000
-7.15%
MLS
12/13/2025
Price Reduced
$699,000
-6.79%
MLS
10/21/2025
Listed
$749,900
150.8%
MLS
4/03/2023
Sold
$299,000
—
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 4305 W Hwy 98
Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,840
5%
$305,405
—
2023
$4,622
19%
$305,405
28%
2021
$3,879
3%
$238,280
—
2022
$3,781
-3%
$238,280
7%
2021
$3,879
9%
$223,687
2%
2019
$3,551
-6%
$219,688
-12%
2018
$3,771
1%
$249,070
—
2017
$3,733
-3%
$249,070
-1%
2016
$3,850
-3%
$251,028
—
2015
$3,958
-1%
$251,028
-2%
2014
$3,986
8%
$254,946
—
2013
$3,691
—
$254,946
—
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 4305 W Hwy 98
4305 W Highway 98, Panama City, FL 32401 (MLS# 780652) is a Commercial Land property with a lot size of 0.67 acres. 4305 W Highway 98 is currently listed for $649,000 and was received on October 21, 2025. Want to learn more about 4305 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.

