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4208 Highway 98, Panama City, FL 32405
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4208 Highway 98
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Priced at Only: $425,000
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Address: 4208 Highway 98, Panama City, FL 32405
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More Like This
  • MLS#: 779166 ( CommercialSale )
  • Street Address: 4208 Highway 98
  • Viewed: 5
  • Price: $425,000
  • Price sqft: $91
  • Waterfront: No
  • Year Built: 1947
  • Bldg sqft: 4682
  • Days On Market: 19
  • Additional Information
  • Geolocation: 30.181 / -85.7157
  • County: BAY
  • City: Panama City
  • Zipcode: 32405
  • Subdivision: Bayview Add
  • Elementary School: Lucille Moore
  • Middle School: Jinks
  • High School: Bay
  • Provided by: ERA Neubauer Real Estate, Inc
  • DMCA Notice
  • Description
    Prime commercial opportunity located at 4208 W. Highway 98, Panama City, FL 32405, on the northeast corner of W. Highway 98 and High Avenue, featuring 133 feet of frontage on W. Highway 98 and 124 feet of frontage on High Avenue. Formerly known as the Unicorn Motel, this property includes 4,682 square feet of concrete block construction across three buildings: one with six units and one with four units all studio styled units, and a single stand alone building. Built in 1947, this property is ready for revitalization. Its General Commercial 2 zoning allows for a wide range of uses, giving new owners the chance to breathe fresh life into a corner site that can serve and enhance the surrounding community. The property sits along one of Panama City's busiest corridors, benefiting from a 41,500 average daily traffic count and strong visibility. Its location, frontage, and zoning create a unique opportunity for investors, developers, or business owners seeking a high exposure site with significant potential.
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Living Area: 0.00
School Information
  • High School: Bay
  • Middle School: Jinks
  • School Elementary: Lucille Moore
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
  • Parking Features: Paved
Utilities
  • Carport Spaces: 0.00
  • Road Frontage Type: CityStreet
  • Sewer: PublicSewer, SepticTank
  • Utilities: SewerAvailable, SepticAvailable, WaterConnected
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Pet Deposit: 0.00
  • Security Deposit: 0.00
  • Trash Expense: 0.00
Other Features
  • Legal Description: Lot 11, less Highway right of way, all of Lot 12, and 2 feet off the south side of Lot 13, in Block 6, according to the plat of Bayview Addition to St. Andrews and recorded in Plat Book 4, Page 47, in the Office of the Clerk of the Circuit Court of Bay County, Florida.
  • Area Major: 02 - Bay County - Central
  • Occupant Type: Vacant
  • Parcel Number: 28234-000-000
  • Possible Use: Commercial
  • The Range: 0.00
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Nearby Subdivisions
[no Recorded Subdiv]   Bayview Add   Coastal Lands 1st Add   Coastal Lands 2nd Add   Drummond Park 1st Add   Forest Park 1st Add   Gulf Coast Medical Plaza   Highland City   No Named Subdivision   St A B Dev Co   St Andrews Bay Dev Cmp   St Andrews Estate  
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