# 5711 E Highway 98, Panama City, FL 32404

> **TL;DR:** single family, $10,500,000 ($324/sqft), built 2025, 32,400 sqft. Est. $45,500/mo. Listed 47 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $10,500,000 |
| Price/sqft | $324 |
| Square Feet | 32,400 |
| Year Built | 2025 |
| Lot Size | 81,893 sqft (1.88 acres) |
| Stories | 2 |
| Property Type | Single Family (Other) |
| Status | For Sale |
| Days on Market | 47 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $45,500 |
| **Total** | **$45,500** |

## Nearby Schools

- **Elementary:** Tyndall
- **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
- **Brokerage:** Counts Real Estate Group Inc
- **Phone:** 8502583670
- **Email:** J3@J3pcb.com

## Primary Photo

![5711 E Highway 98 - Primary Photo](http://lh.rdcpix.com/8e5ab84f1b1e2c5a2ee5dda802c50d03l-f2677804142r.jpg)

*15 total photos available on [listing page](https://www.propertysimple.com/listing/5711-e-highway-98-panama-city-fl-32404-l788472)*

---

**MLS#:** 788472 | **Updated:** 2026-06-18
**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.com/listing/5711-e-highway-98-panama-city-fl-32404-l788472)

---

## Structured Data

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  "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. 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...",
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