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About This Home

This 0-bedroom, 0-bathroom single family at 5500 E Hwy 98 Bus in Panama City, FL is listed for $1,200,000 ($357 per sqft). Built in 2020, the home offers 3,360 sqft of living space on a 0.93 acres lot.

Agent 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, acco

rding 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.)

Key Features

  • Built in 2020
  • 0.93 acre lot
  • 2 stories

Property Details

2 stories
2020

Monthly Cost Estimate

$6,418/mo

20% down · 6.5% · 30 years

Principal$868
Interest$5,200
Insurance$350

Estimates only. Actual payments may vary.

Location

5500 E Hwy 98 Bus

Panama City, FL 32404

Crown Point

Questions & Answers

This 0-bedroom, 0-bathroom single family at 5500 E Hwy 98 Bus is listed at $1,200,000 ($357/sqft). The estimated monthly payment is $5,200 based on 20% down at 6.5% interest.

Key features include: Built in 2020, 0.93 acre lot, 2 stories.

This property is listed by Cathy J Jones and can be reached at 8508140733 or CallCathy@hotmail.com.

CJ

Cathy J Jones

Agent at Overstreet Realty

(850) 814-0733

Listed by Overstreet Realty

MLS# 781277· Source: listhub· Updated 208 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.

5500 E Hwy 98 Bus, Panama City, FL 32404

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