# 5711 E Highway 98, Panama City, FL 32404 > **TL;DR:** commercial, $10,000,000 ($309/sqft), built 2025, 32,400 sqft. Est. $53,482/mo. Listed 199 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $10,000,000 | | Price/sqft | $309 | | Square Feet | 32,400 | | Year Built | 2025 | | Lot Size | 81,893 sqft (1.88 acres) | | Stories | 2 | | Property Type | Commercial (Other) | | Status | Active | | Days on Market | 199 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $50,565 | | Estimated Insurance | $2,917 | | **Total** | **$53,482** | ## Nearby Schools - **Elementary:** Tyndall Academy - **Middle:** Everitt - **High:** Rutherford ## Property Highlights - Built in 2025 - 1.88 acre lot - 2 stories ## Description ### Agent Description Property has been re-built from the ground up; so everything is brand new even the parking lot. This opportunity is about 95% complete. The asking price is about half of the true value. 90 rooms and another 6 or so comprising of the Lobby, Electrical, Washer and Dryer area etc. All of the furniture is in and the TV's are hung. It was formerly known as The Labrisa Inn. It is located just down the street from the new Tyndall Air Force Base. More pics and drone footage coming soon... ## Location - **Address:** 5711 E Highway 98, Panama City, FL 32404 - **County:** Bay - **Neighborhood:** [No Recorded Subdiv] - **Coordinates:** 30.120856, -85.592778 - **Google Maps:** https://www.google.com/maps?q=30.120856,-85.592778 ## Listing Agent - **Name:** J3/Jim H Hodges · **License:** 0583553 - **Brokerage:** Counts Real Estate Group Inc - **Broker Phone:** (850) 249-3615 ## Photos ![5711 E Highway 98 - Photo 1](http://lh.rdcpix.com/8e5ab84f1b1e2c5a2ee5dda802c50d03l-f3320788626r.jpg) ![5711 E Highway 98 - Photo 2](http://lh.rdcpix.com/8e5ab84f1b1e2c5a2ee5dda802c50d03l-f1953014894r.jpg) ![5711 E Highway 98 - Photo 3](http://lh.rdcpix.com/8e5ab84f1b1e2c5a2ee5dda802c50d03l-f2606994859r.jpg) ![5711 E Highway 98 - Photo 4](http://lh.rdcpix.com/8e5ab84f1b1e2c5a2ee5dda802c50d03l-f4216483121r.jpg) ![5711 E Highway 98 - Photo 5](http://lh.rdcpix.com/8e5ab84f1b1e2c5a2ee5dda802c50d03l-f3460661485r.jpg) ![5711 E Highway 98 - Photo 6](http://lh.rdcpix.com/8e5ab84f1b1e2c5a2ee5dda802c50d03l-f424906668r.jpg) ![5711 E Highway 98 - Photo 7](http://lh.rdcpix.com/8e5ab84f1b1e2c5a2ee5dda802c50d03l-f2948639937r.jpg) ![5711 E Highway 98 - Photo 8](http://lh.rdcpix.com/8e5ab84f1b1e2c5a2ee5dda802c50d03l-f345169394r.jpg) ![5711 E Highway 98 - Photo 9](http://lh.rdcpix.com/8e5ab84f1b1e2c5a2ee5dda802c50d03l-f4037477437r.jpg) ![5711 E Highway 98 - Photo 10](http://lh.rdcpix.com/8e5ab84f1b1e2c5a2ee5dda802c50d03l-f2379889312r.jpg) ![5711 E Highway 98 - Photo 11](http://lh.rdcpix.com/8e5ab84f1b1e2c5a2ee5dda802c50d03l-f485326021r.jpg) ![5711 E Highway 98 - Photo 12](http://lh.rdcpix.com/8e5ab84f1b1e2c5a2ee5dda802c50d03l-f1149355471r.jpg) ![5711 E Highway 98 - Photo 13](http://lh.rdcpix.com/8e5ab84f1b1e2c5a2ee5dda802c50d03l-f2915945901r.jpg) ![5711 E Highway 98 - Photo 14](http://lh.rdcpix.com/8e5ab84f1b1e2c5a2ee5dda802c50d03l-f4241259375r.jpg) ![5711 E Highway 98 - Photo 15](http://lh.rdcpix.com/8e5ab84f1b1e2c5a2ee5dda802c50d03l-f2868968421r.jpg) ![5711 E Highway 98 - Photo 16](http://lh.rdcpix.com/8e5ab84f1b1e2c5a2ee5dda802c50d03l-f541670799r.jpg) ![5711 E Highway 98 - Photo 17](http://lh.rdcpix.com/8e5ab84f1b1e2c5a2ee5dda802c50d03l-f2677804142r.jpg) --- **MLS#:** 788472 | **Updated:** 2026-10-21 **Source:** listhub *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.* [View on PropertySimple](https://www.propertysimple.ai/listing/5711-e-highway-98-panama-city-fl-32404-b556bd876bc8408981cbae03eb5c0ba0) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/5711-e-highway-98-panama-city-fl-32404-b556bd876bc8408981cbae03eb5c0ba0#listing", "url": "https://www.propertysimple.ai/listing/5711-e-highway-98-panama-city-fl-32404-b556bd876bc8408981cbae03eb5c0ba0", "name": "5711 E Highway 98, Panama City, FL 32404", "description": "Property has been re-built from the ground up; so everything is brand new even the parking lot. This opportunity is about 95% complete. 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