Address
5500 E Hwy 98 Bus, Panama City, FL
Price
$ 999,900
Property Attributes
  • MLS#781277
  • TypeSingle Family
  • Listing Status Active
  • CountyBay
  • CityPanama City
  • Area02 - Bay County - Central
  • NeighborhoodCrown Point
  • Zip32404
  • Style
  • Year Built2020
  • Price$ 999,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3360
  • Lot Size0.93 Acres
Data Source:
Central Panhandle Association of REALTORS® (CPAR)
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.)

Elementary School Middle School High School
Tyndall Elementary School Everitt Middle School Rutherford High School
Price History
11/5/2025 Listed $1,200,000
7/11/2026 17$999,900

General Features

Sewer PublicSewer
Utilities SewerAvailable
County Bay
Property Type CommercialSale
HOA false
Subdivision Name Crown Point
Special Listing Conditions ListedAsIs
Status Active
Directions Located on the intersection of Business Hwy 98 and Tyndall Parkway (Hwy 98)
High School Rutherford
City Panama City
Zoning Description Business, General Commercial
MLS Area 02 - Bay County - Central
Lot Size Units Acres
Lot Size Square Feet 40510.8
Elementary School Tyndall
Middle/Junior High School Everitt
MLS Area Minor 0202 - Bay - Central SE
Standard Status Active
Business Name Autos Unlimited
Other Structures RvBoatStorage,Workshop
Possible Use Other
Occupancy Type Occupied
Year Built 2020
Stories Count 2
Levels Two
Roof Metal

Interior Features

Furnished Units Partially
Total Stories 2

Exterior Features

Lot Size Area 0.93
Lot Size Acres 0.93
Parking Features Paved
Building Area Total 3360
Waterfront Y/N false
Foundation Details Slab

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 32404

Price
AVG $330K
$1,000K
Year Built
AVG 2011
2020

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