3112 W Hwy 98

3112 U.S. 98, Panama City, FL 32401

Property Information

  • For Sale $819,000
  • Property Type VacantLand
  • Lot Size 1.67 Acre
  • Date Updated Oct 2, 2026

Description

3112 W Hwy 98 is in the St. Andrews area of Panama City, inside the St. Andrews Community Redevelopment Area (CRA). The site sits on US Highway 98, the main east-west route through Panama City, which carries approximately 42,000 vehicles per day (FDOT 2025 AADT). It's about 2.5 miles east of the Hathaway Bridge, giving quick access to Panama City Beach. The property is surrounded by established neighborhood businesses, with Donovan's Supper Club and St. Andrew Community Medical Center next door and Grocery Outlet about 0.2 miles away. Historic St. Andrews and the St. Andrews Marina, known for waterfront dining, shops and events, are about 0.7 miles away.3112 W Hwy 98 is a ±1.67 acre commercial corner site in the St. Andrews area of Panama City. The property takes up most of its block, with ±173 feet on US Highway 98 and frontage on W 18th Street, Cincinnati Avenue and Bayview Avenue, giving a buyer several options for access and site layout. The former grocery store on the site has been demolished. The property sits ±2.5 miles east of the Hathaway Bridge, near St. Andrew Bay, and is convenient to Port Panama City, Gulf Coast State College, FSU Panama City and Panama City Beach. Neighborhood General (NG) zoning supports walkable commercial, residential and mixed-use development, making the site a fit for a wide range of users. A ±0.11 acre parcel across the street at 3106 W 18th Street is also available, on its own for $61,000 or with the main site for a package price of $869,000

Highlights

  • ±1.67 acre commercial corner site on US Highway 98 in Panama City
  • ±173 feet of US 98 frontage with approximately 42,000 vehicles per day (FDOT 2025 AADT)
  • ±2.5 miles east of the Hathaway Bridge, close to Historic St. Andrews, FSU Panama City, Gulf Coast State College and Port Panama City
  • Cleared site, former grocery store already demolished
  • Flexible NG (Neighborhood General) zoning: retail, office, restaurant, multifamily, hotel and mixed-use
  • Frontage on four streets: US 98, W 18th Street, Cincinnati Avenue and Bayview Avenue
  • Located in the St. Andrews Community Redevelopment Area (CRA)
  • Optional add-on parcel: ±0.11 AC at 3106 W 18th Street, $61,000 alone or $869,000 for both
  • Price: $819,000

Contacts

Location

Located at 3112 U.S. 98, Panama City, FL 32401, this property is part of the St. Andrews neighborhood and Pensacola market.

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