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5711 E Highway 98

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Panama City, FL 32404

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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5711 E Highway 98

$11,000,000

  • 32400 sq ft
  • MLS# : 788472
  • Built in 2025

Nearby schools

  • Bay District Schools

    Actual schools may vary. We recommend verifying with the local school district, the school assignment and enrollment process.

    Map & directions

    Contact

    J3/Jim H Hodges

    Email agent

    FPO

    Counts Real Estate Group Inc

    Copyright © 2026 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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