Active

1524 E 5th, Business 98 Street

Panama City FL, 32401

$2,300,000


Active

Commercial

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.

759811

MLS ID

July 12, 2024

Listed

February 21, 2025

Updated

Interior Features

Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

1.36 Acres


Lot Features

Cleared, Level, Waterfront


Sewer

Public Sewer

School Information

High School

Bay


Elementary School

Cherry Street

Other Property Details

Area Name

02 - Bay County - Central


Days on Market

219


Garage

No


View

Yes


View Description

Bay


County

Bay


Water Source

Public


Pool

No


Waterfront

Yes


Waterfront Features

Bayou, Gulf Access, Bulkhead, Seawall, Waterfront


Utilities

Sewer Available, Water Available

Listing History

Date

Event

Price

2/16/2025

Price change

$2,300,000

-5%

2/15/2025

Active

11/25/2024

Pending

11/12/2024

Price change

$2,400,000

4%

9/21/2024

Price change

$2,300,000

4%

 

Courtesy of Coastal Sun Realty LLC, Marco Cooper,
Listing Contact: (850) 832-1266 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Duran Group FL shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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