For Sale
$749,900

3304 Highway 98Panama City, FL 32401

Panama City, FL: Prime Commercial Lot

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional .86-acre commercial lot, located at 3304 W Highway 98 in Panama City, Florida, offers 37,810 square feet of shovel-ready land with 140 linear feet of highway frontage. Previously a car wash, the property boasts prelim site plans approved for a car wash and is zoned GC1 and GC2, allowing for diverse commercial uses. Permitted uses include, but are not limited to, retail, restaurants, offices, recreation facilities, vehicle dealerships or repair shops, childcare centers, grocery stores, and cannabis dispensing facilities. Situated in Bay County, this property benefits from a robust economy fueled by a strong military presence (seven nearby bases) and the proximity to Northwest Florida Beaches International Airport, currently undergoing a $32.5 million expansion project ("Project Maple") expected to create 250 high-wage jobs with the addition of Premier Aviation. Panama City's designation as the South's #1 Pro-Business Beach Community (Southern Business & Development magazine) further underscores the area's economic vitality. This prime location presents a unique opportunity for significant commercial development in a thriving coastal market. The asking price is $749,900.

Highlights

  • $749,900 asking price.
  • 37,810 square foot commercial land parcel.
  • Located at 3304 W Highway 98, Panama City, FL 32401.
  • 140 linear feet of highway frontage.
  • Previously a car wash; prelim site plans available for various commercial uses including retail, restaurant, office, and cannabis dispensing.

Property Details for 3304 Highway 98

Property type
Land

Location Insight

City
Panama City
County
Bay
State
Florida
Latitude
30.1809806
Longitude
-85.704837
3304 Highway 98, Panama City, Florida

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3304 Highway 98
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