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5711 E Highway 98
Panama City, FL 32404

$11,000,000 - Status: Active
Bed Icon Beds: 0
Bath Icon Baths:
Sq Feet Icon SQFT (H&C): 32,400
MLS Icon MLS# 788472

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. . .

Property Features

MLS#: 788472
Zip: 32404
Subdivision:
Development: 0202 - Bay - Central Se
Property Type: Commercial - Business
Heating: Window Unit
Lot Size: 1.88 acres
Roof Type: Shingle
Stories: 2.0
Year Built: 2025
SQFT (H&C): 32,400

Feature Descriptions

Exterior: Block, Concrete, Vinyl Siding
Flooring: Concrete
Lot Description: Cleared
Parcel#: 25818-040-000
Parking: Paved
Parking Notes: Paved
Sewer: Public Sewer
Utilities: Sewer Available

Local Schools

High School: Rutherford
Middle School: Everitt
Elementary School: Tyndall

5711 E Highway 98 | MLS# 788472

This commercial property located at 5711 E Highway 98 , Panama City, FL 32404 is currently listed for sale with an asking price of $11,000,000. Search Panama City real estate on areed.beachybeach.com today.

Listed By / Shown By

Listed By

Agency Name: Counts Real Estate Group Inc

Shown By

Agent Name: Anne Reed
Agent Phone: (850) 303-3357
Agency Title: Beachy Beach Real Estate

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/17/2026. The listing information on this page last changed on 04/17/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 04/17/2026 12:35:30 AM EST) or Emerald Coast MLS (last updated Fri 04/17/2026 12:05:32 AM EST) or Central Panhandle Association of Realtors (last updated Fri 04/17/2026 12:27:19 AM EST). Real estate listings held by brokerage firms other than Beachy Beach Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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