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About This Home

This 0-bedroom, 0-bathroom commercial at 1524 E 5th, Business 98 Street in Panama City, FL is listed for $1,850,000. on a 1.36 acres lot.

Agent Description

Great Location off Business Highway 98 with road and water frontage. This Commercial Waterfront parcel Zoned GC-2 fronts Watson Bayou and sits next to the exclusive Watson Landings Marina for your boating needs. New 14 wet slips and custom lifts recently added with power and water to each slip.

Hydraulic lifts on slips. More slips can be added going through the proper channels. Can accommodate plus 40 foot boat. All utilities in place with city sewer and water, as there used to be a dwelling on the premises prior to Hurricane. Land has a seawall (250 ft) in place and a 136 foot long boat Dock (deep water access), to include over 250 feet of waterfront.

Excellent location and land size to build a storage facility, Retail, multi family or single-family homes as it is zoned Commercial and Mixed Use. Easy water access to Gulf with upscale marina next door for your boat fuel, storage and goods. New City Public Boat Ramp in close vicinity. Will seller finance if needed. Zoned Special Needs with tax incentives.

Key Features

  • 1.36 acre lot
  • Waterfront

Amenities

Waterfront

Monthly Cost Estimate

$9,894/mo

20% down · 6.5% · 30 years

Principal$1,338
Interest$8,017
Insurance$540

Estimates only. Actual payments may vary.

Location

1524 E 5th, Business 98 Street

Panama City, FL 32401

Bayou Plat

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 1524 E 5th, Business 98 Street is listed at $1,850,000. The estimated monthly payment is $8,017 based on 20% down at 6.5% interest.

Key features include: 1.36 acre lot, Waterfront.

This property is listed by Marco Cooper and can be reached at 8508321266 or mtc7631@aol.com.

MC

Marco Cooper

Agent at Coastal Sun Realty LLC

(850) 832-1266

Listed by Coastal Sun Realty LLC · View on Broker Site

MLS# 759811· Source: listhub· Updated 689 days ago

Copyright © 2026 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1524 E 5th, Business 98 Street, Panama City, FL 32401

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