Address
5711 E Highway 98, Panama City, FL
Price
$ 10,450,000
Property Attributes
- MLS#788472
- TypeCommercial
- Listing Status Active
- CountyBay
- CityPanama City
- Area02 - Bay County - Central
- Neighborhood[No Recorded Subdiv]
- Zip32404
- Style
- Year Built2025
- Price$ 10,450,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage32400
- Lot Size1.88 Acres
Data Source:
Central Panhandle Association of REALTORS® (CPAR)
Property 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...
| Elementary School | Middle School | High School |
|---|---|---|
| Tyndall Academy Elementary School | Everitt Middle School | Rutherford High School |
| Price History | |
|---|---|
| 4/16/2026 | Listed $11,000,000 |
| 5/18/2026 | 5$10,500,000 |
| 6/15/2026 | Listed $10,450,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Utilities | Sewer Available |
| Property Subtype | Hotel/Motel |
| County | Bay |
| Property Type | Commercial Sale |
| HOA | false |
| Subdivision Name | [No Recorded Subdiv] |
| Special Listing Conditions | Listed As-Is |
| Status | Active |
| Directions | 3 miles West of Tyndall Air Force Base on your right off of Tyndall Pkwy / Hwy 98 E. |
| High School | Rutherford |
| City | Panama City |
| Zoning Description | General Commercial |
| MLS Area | 02 - Bay County - Central |
| Lot Size Units | Acres |
| Lot Size Square Feet | 81892.8 |
| Elementary School | Tyndall Academy |
| Middle/Junior High School | Everitt |
| MLS Area Minor | 0202 - Bay - Central SE |
| Standard Status | Active |
| Property Sub Type Additional | Hotel/Motel |
| Business Name | Quality Inn |
| Possible Use | Hotel/Motel |
| Occupancy Type | Vacant |
| Year Built | 2025 |
| Heating | Window Unit |
| Cooling | Wall/Window Unit(s) |
| Construction Materials | Block,Concrete,Vinyl Siding |
| Stories Count | 2 |
| Levels | Two |
| Roof | Shingle |
Interior Features
| Flooring | Concrete |
|---|---|
| Furnished Units | All Units |
| Total Stories | 2 |
Exterior Features
| Lot Features | Cleared |
|---|---|
| Lot Size Area | 1.88 |
| Lot Size Acres | 1.88 |
| Parking Features | Paved |
| Building Area Total | 32400 |
| Waterfront Y/N | false |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 32404
Price
Year Built
In The Neighborhood
Just Listed
Panama City
$ 3,195,000
1000 Beck Avenue
Panama City, FL 32401
- Type
- Commercial
- Size
- 7,618 SqFt
Emerald Coast Association of REALTORS®, Inc. 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 consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers
Listing data provided by: Central Panhandle Association of Realtors (CPAR)
Information deemed reliable but not guaranteed. The information is provided exclusively 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.
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 consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating
