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$2,400,000

  • For Sale
  • Active
  • Commercial Land
  • 4.77 Acres
  • Updated 9 days ago
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Amazing Development Opportunity is Ready for You! In a Prime Location, this 4.77 acre parcel zoned General Commercial 2, in the Gateway Overlay, is located just before the Hathaway Bridge in Panama City, this offering fantastic traffic count and visibility when traveling on Hwy 98 East from Panama City or West to Panama City Beach. This parcel offers easy access via 3 different roads, Hwy 98, 19th St, and Brown Ave. Approximately 180 feet frontage on Hwy 98, 580 feet on 19th St, and 375 feet on Brown Ave. This property is in close proximity to Port of Panama City and Gulf Coast State College and FSU campuses as well as quick access to Historic St. Andrews and the Downtown Panama City area, and Panama City Beach. This property would be perfect for apartments, hotel, restaurant, retail store or any combination of many different commercial businesses. See more usage details in the documents section of this listing. Previously, there was a hotel that has been demolished due to damage from Hurricane Michael.

Full Property Details for 4810 W Hwy 98

General

  • Price: $2,400,000
  • Status: Active
  • Type: Commercial Land
  • Source: Bay_County
  • MLS ID: 783424
  • Updated: 1/9/2026
  • Added to Site: 9 day(s) ago

Location

  • County: Bay
  • Driving Directions: Traveling West on Hwy 98 the parcel is on right immediately prior to the 23rd St. overpass. Traveling from the West, just off the bridge and 23rd St. overpass the property is on left. You can access this parcel from 19th St. , Brown Ave. and Hwy 98. Parcel is immediately adjacent to the East of the CPAR office.

Community

  • Community Name: 02 - Bay County - Central

Lot Features

  • Lot Size (Acres): 4.77
  • Lot Size (Sq. Ft.): 207,781
  • Lot Size: 4.77
  • Frontage: City Street, Highway, Paved
  • Zoning: Multi-Family, Other - See Remarks, General Commercial, Business

Disclosures and Reports

  • Legal Description: BAYVIEW ADD 35 3S 15W BEG 277'E & 35.72'S & 446.51' E OF SW COR OF NW1/4 TH E 546.59' S 375.40' W 412.22' S 225' NWLY 161.62' N 418.12' TO POB ORB 4074 P 2153
  • Property ID: 28274-000-000

Listed by ERA Neubauer Real Estate, Inc

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Listing agent

— 4810 W Hwy 98 —

  • ERA Neubauer Real Estate, Inc

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Price & Sales History for 4810 W Hwy 98 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/09/2026
Listed
$2,400,000
5354.55%
MLS
1/01/2012
Sold
$44,000
—
Public Record
Get Price Alerts and Save Property
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 for 4810 W Hwy 98

Year
Property Taxes
Change
Tax Assessment
Change
2024
$15,909
-3%
$1,007,337
—
2023
$16,323
-96%
$1,007,337
—
2021
$414,170
2598%
$1,007,337
—
2022
$15,352
-96%
$1,007,337
-15%
2021
$414,170
2188%
$1,184,546
6%
2019
$18,104
-21%
$1,120,084
-26%
2018
$22,871
1%
$1,510,442
—
2017
$22,636
-17%
$1,510,442
-15%
2016
$27,365
-3%
$1,784,425
—
2015
$28,138
-4%
$1,784,425
-4%
2014
$29,176
8%
$1,866,097
—
2013
$27,013
—
$1,866,097
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by ERA Neubauer Real Estate, Inc

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4810 W Highway 98, Panama City, FL 32401 (MLS# 783424) is a Commercial Land property with a lot size of 4.77 acres. 4810 W Highway 98 is currently listed for $2,400,000 and was received on January 09, 2026. Want to learn more about 4810 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.

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