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$129,000 Just Listed
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Property Description
3 bedroom, 2 bathroom ''diamond in the rough'' home(in need of total renovation)on a little bit more than a half acre lot!! The zoning is both residential and commercial, so you could turn this home into a business as well. With some vision this property could become an incredible dream home or a great business on a highly traveled major road. All information is approximate and should be verified by buyers if important
Full Property Details
Full Property Details for 5026 E Hwy 98
General
- Price: $129,000
- Taxes: $1,276 (2025)
- Status: Active
- Type: Single Family
- Source: Bay_County
- MLS ID: 787847
- Updated: 4/3/2026
- Added to Site: 1 day(s) ago
Interior
- Number of Rooms: 8
- Appliances: Electric Water Heater
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Location
- County: Bay
- Subdivision: No Named Subdivision
- Driving Directions: East on Business 98 to property
School Information
- Elementary School: Parker
- Middle School: Rutherford Middle
- High School: Rutherford
Community
- Community Name: 02 - Bay County - Central
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Utility Description: Electricity Available, Phone Connected
Structural Information
- Architectural Style: Bungalow
- Construction: Wood Frame
- Sq. Ft. Source: Appraiser
- Year Built: 1929
Lot Features
- Lot Size (Acres): 0.55
- Lot Size (Sq. Ft.): 23,871
- Lot Size: .55
- Lot Dimensions: 196 x 122
- Frontage: City Street
- Zoning: Commercial, Resid Single Family
- Fencing (Description): Chain Link
Financial Considerations
- Tax Amount: $1,276
- Tax Year: 2025
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: 24 4S 14W -13- 119D1- BEG 330' E OF NW COR OF NE1/4 TH S 196.14'E 122.57'N 196.14' TH W 122.57' TO POB LESS RD RW ORB 518 P 282 ORB 2035 P 1112 ORB 2060 P 1183 ORB 2064 P 26 ORB 3022 P 866
- Property ID: 25763-000-000
Listed by RE/MAX SELECT Partners
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Schools
Schools serving 5026 E Hwy 98
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Parker Elementary School 640 South Highway 22 A, Panama City, FL 32404 | PK-5 | 0.4 mi |
Rutherford High School 1000 School Avenue, Panama City, FL 32401 | 6-8 | 2.6 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 5026 E Hwy 98
Date
Details
Price
Change
Source
4/03/2026
Listed
$129,000
7.5%
MLS
2/15/2008
Sold
$120,000
—
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 5026 E Hwy 98
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,276
8%
$91,159
8%
2024
$1,178
156%
$84,345
22%
2023
$460
30%
$69,399
6%
2021
$353
1%
$65,416
-3%
2022
$350
-1%
$67,378
4%
2021
$353
1%
$64,513
—
2019
$350
-20%
$64,299
-16%
2018
$438
1%
$76,443
2%
2017
$434
-4%
$75,044
-1%
2016
$453
-7%
$75,621
-1%
2015
$486
-4%
$76,583
-2%
2014
$504
-2%
$78,204
-5%
2013
$512
—
$82,372
—
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 5026 E Hwy 98
5026 E Highway 98, Panama City, FL 32404 (MLS# 787847) is a Single Family property with 3 bedrooms and 2 full bathrooms. 5026 E Highway 98 is currently listed for $129,000 and was received on April 03, 2026. Want to learn more about 5026 E Highway 98? Do you have questions about finding other Single Family 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.

