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Harrison Lilly Team

Owner/Operator | Harrison Lilly Emerald Coast | Harrison Lilly Realty | PLACE

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1524 E 5th, Business 98 St , Panama City, FL 32401
$1,850,000
Est. Payment: $10,220.98/mo
1.36 Acres
Status: Active | Days on site: 710
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BCSU - B0136
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from Harrison Lilly Team, its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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Harrison Lilly Team
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House Description

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.
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Highlights

Listed by Marco Cooper , 850-832-1266 Coastal Sun Realty LLC , 850-249-2050. Bay County Association of REALTORS

Property Type

Vacant Land
Lot/Acreage
1.36

County

Bay

Area

02 - Bay County - Central

 Neighborhood

Bayou Plat

Listing ID

759811

Questions about this listing?

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Interior Features

Exterior Features

Zoning:Resid Single Family, Industrial Light, Multi-Family, Resid Multi-Family, Commercial, General Commercial
Sewer:Public Sewer
Principal Interest
$10,221
Taxes
$1,179

Home Price

$1,850,000

Loan Details

30 yrs
7.374%

Down Payment

20%
$370,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$10,220.98

Principal

Taxes

Principal Taxes HOA Total
Monthly $10,220.98 $1,179.38 $0.00 $11,400.36
Yearly $122,651.80 $14,152.50 $0.00 $136,804.30
Total $3,679,554.07 $424,575.00 $0.00 $4,104,129.07

Today's Rates

30 Year

7.37%

20 Year

7.27%

15 Year

6.8%

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Market insight data is pulled from the same city as the listing being viewed (Panama City, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bay County Association of REALTORS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-10-07T08:07:44.000Z

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