4305 W Highway 98, Panama City, FL 32401 - Photo 1

1/1

$625,000

Sold
Closed
Commercial Land
0.67 Acres

1/1

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

Sold For: $625,000
Status: Closed
Type: Commercial Land
Source: Bay_County
MLS ID: 780652
Added to Site: 218 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 and Sold by Keller Williams Success Realty

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— 4305 W Hwy 98 —

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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 ATTOM Data Solutions 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

5/12/2026

Sold

$625,000

—

MLS

1/30/2026

Price Reduced

$625,000

-3.7%

MLS

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

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Active
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4
Beds
3
Total Baths
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Acres

4305 W Highway 98, Panama City, FL 32401 (MLS# 780652) is a Commercial Land property that was sold at $625,000 on May 12, 2026. 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.

4305 W Hwy 98 Panama City, FL 32401