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$599,000
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Property Description
Prime development opportunity. This 1.15± acre parcel offers waterfront and unmatched potential for a townhouse community, a spacious single-family residence, or a commercial development. Located on busy Tyndall Parkway just minutes from Tyndall Air Force Base, the property provides exceptional visibility and convenience. With the area experiencing rapid growth, this site is perfectly positioned to capture strong demand for housing and a commercial development of any kind. The combination of water views, accessibility, and proximity to the base makes it ideal for developers or homeowners seeking both value and future growth. The listing includes two parcels and both are currently zoned MU-2 in the City of Parker which allows for many different uses.
Full Property Details
Full Property Details for 6241 E Hwy 98 Bus
General
- Price: $599,000
- Status: Active
- Type: Vacant Land
- Source: Bay_County
- MLS ID: 779610
- Updated: 1/6/2026
- Added to Site: 115 day(s) ago
Location
- County: Bay
- Subdivision: Blackshear-Cooper 1st Add
- Driving Directions: Site is 0.34± miles north of the Tyndall bridge on the east side of Tyndall Parkway.
School Information
- Elementary School: Tyndall
- Middle School: Everitt
- High School: Rutherford
Community
- Community Name: 02 - Bay County - Central
Lot Features
- Lot Size (Acres): 1.15
- Lot Size (Sq. Ft.): 50,094
- Lot Size: 1.15
- Lot Dimensions: 120 x 460
Water Features
- Water Front: Yes
Disclosures and Reports
- Legal Description: BLACKSHEAR-COOPER 1ST ADD WLY 200' OF LOTS 18 & 19 ORB 3975 P 1505 & BLACKSHEAR-COOPER 1ST ADD LOTS 18 & 19 LESS WLY 200' ORB 3975 P 1507
- Property ID: 26239-010-000
Listed by Counts Real Estate Group
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Schools
Schools serving 6241 E Hwy 98 Bus
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Tyndall Elementary School 7800 Tyndall Pkwy, Tyndall Air Force Base, FL 32403 | PK-8 | 2.1 mi |
Rutherford High School 1000 School Avenue, Panama City, FL 32401 | 6-8 | 3.8 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 6241 E Hwy 98 Bus
Date
Details
Price
Change
Source
9/26/2025
Listed
$599,000
—
MLS
Disclaimer: Historical sales 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 6241 E Hwy 98 Bus
6241 E Hwy 98 Bus, Panama City, FL 32404 (MLS# 779610) is a Vacant Land property with a lot size of 1.15 acres. 6241 E Hwy 98 Bus is currently listed for $599,000 and was received on September 26, 2025. Want to learn more about 6241 E Hwy 98 Bus? Do you have questions about finding other Vacant 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.

