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    5711 Highway 98
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    PRICED AT ONLY: $11,000,000

    Address: 5711 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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    • MLS#: 788472 ( CommercialSale )
    • Street Address: 5711 Highway 98
    • Viewed: 55
    • Price: $11,000,000
    • Price sqft: $340
    • Waterfront: No
    • Year Built: 2025
    • Bldg sqft: 32400
    • Days On Market: 22
    • Acreage: 1.88 acres
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    Features
    Building and Construction
    • Covered Spaces: 0.00
    • Flooring: Concrete
    • Living Area: 0.00
    • Roof: Shingle
    Land Information
    • Lot Features: Cleared
    School Information
    • High School: Rutherford
    • Middle School: Everitt
    • School Elementary: Tyndall
    Garage and Parking
    • Garage Spaces: 0.00
    • Open Parking Spaces: 0.00
    • Parking Features: Paved
    Utilities
    • Carport Spaces: 0.00
    • Heating: WindowUnit
    • Sewer: PublicSewer
    • Utilities: SewerAvailable
    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: 24 4S 14W -67.4- 119D4 BEG WLY COR LOT 7 BAY FRONT U-5 TH NELY 411.42' NWLY 199.89' SWLY 409.42' SELY 200.02' TO POB ORB 3686 P 1089
    • Levels: Two
    • Area Major: 02 - Bay County - Central
    • Occupant Type: Vacant
    • Parcel Number: 25818-040-000
    • Possible Use: HotelMotel
    • The Range: 0.00
    • Views: 55

    Contact Info

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