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$1,200,000
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Property Description
Here's a great opportunity for your business on one of the busiest intersections in the county, smack-dab in the middle of the business corridor of Parker, FL. This general commercial lot is located on 2 principle artery roadways, with average daily traffic counts of over 19000/day on Tyndall Parkway- Hwy 98, and 7900 per day on E.Business 98, according to the Florida DOT; making this parcel extremely convenient to Tyndall Air Force Base and Mexico Beach. Acquire this prime commercial location with road frontage on 3 sides, including approx 184 feet of Hwy 98 frontage! Included in the sale is a brand new 3360 SF building with 1000 SF of heated and cooled space. This is a turn-key operation to acquire an established, thriving Auto sales location. No other auto shops licenses will be granted on this main artery to Tyndall and Mexico Beach. Or, this commercial location can accommodate whatever you're needing with development standards of: Maximum building height is 60 feet/6 stories, 10 ft setbacks on 3 sides, and maximum lot coverage of 90% allowable. This quaint, small area of Florida is growing with visitors due to the bays, bayous, new developments and new city fishing pier and boat launch, all within a few blocks of this parcel. . (Some, not all inventory shall convey. Lifts and permanent structures to convey. Buyer to verify any and all information that is important.)
Full Property Details
Full Property Details for 5500 E Hwy 98 Bus
General
- Price: $1,200,000
- Status: Active
- Type: Commercial
- Source: Bay_County
- MLS ID: 781277
- Updated: 2/12/2026
- Added to Site: 137 day(s) ago
Business
- Name: Autos Unlimited
Parking
- Parking Features: Paved
Location
- County: Bay
- Subdivision: Crown Point
- Driving Directions: Located on the intersection of Business Hwy 98 and Tyndall Parkway (Hwy 98)
School Information
- Elementary School: Tyndall
- Middle School: Everitt
- High School: Rutherford
Community
- Community Name: 02 - Bay County - Central
Utilities
- Sewer: Public Sewer
- Utility Description: Sewer Available
Structural Information
- Roof: Metal
- Stories/Levels: 2
- Year Built: 2020
Additional Structures
- Other Structures: RV/Boat Storage, Workshop
Lot Features
- Lot Size (Acres): 0.93
- Lot Size (Sq. Ft.): 40,510.8
- Lot Size: .93
- Zoning: Business, General Commercial
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: CROWN POINT REPLAT 119D1 LOT 14-A BLK C
- Property ID: 26035-000-000
Listed by Overstreet Realty
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Price & Sales History for 5500 E Hwy 98 Bus
Date
Details
Price
Change
Source
11/05/2025
Listed
$1,200,000
700%
MLS
1/24/2007
Sold
$150,000
—
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 5500 E Hwy 98 Bus
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,853
—
$275,357
-1%
2024
$3,868
3%
$276,893
-1%
2023
$3,750
54%
$278,383
12%
2021
$2,439
-7%
$247,900
-11%
2022
$2,629
8%
$279,873
182%
2021
$2,439
147%
$99,319
7%
2019
$987
-21%
$92,924
-20%
2018
$1,247
-3%
$115,557
-1%
2017
$1,279
-3%
$116,164
—
2016
$1,318
-4%
$116,025
-1%
2015
$1,376
—
$116,633
-1%
2014
$1,381
-6%
$117,240
-14%
2013
$1,469
—
$136,079
—
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 5500 E Hwy 98 Bus
5500 E Hwy 98 Bus, Panama City, FL 32404 (MLS# 781277) is a Commercial property. 5500 E Hwy 98 Bus is currently listed for $1,200,000 and was received on November 05, 2025. Want to learn more about 5500 E Hwy 98 Bus? Do you have questions about finding other Commercial 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.

