$599,000
Panama City, FL 32404
MLS# 790596
1 / 5
Property Description
Prime 2-Acre Commercial Opportunity on Highway 231 Position your business for success with this exceptional 2-acre commercial parcel located within Bay County limits. Zoned General Commercial, this property offers outstanding flexibility and long-term potential in one of the area's growing commercial corridors. Boasting approximately 285± feet of frontage along Highway 231, the property benefits from exceptional visibility and exposure. According to Florida Department of Transportation traffic data, the area experiences an estimated 25,000+ vehicles per day, providing a consistent flow of traffic and strong commercial presence. Surrounded by established communities, ongoing development, and major retail destinations, this site is strategically positioned to capitalize on Bay County's continued growth. The General Commercial zoning allows for a broad range of potential uses, creating a rare opportunity for investors, developers, and business owners alike. High visibility, strong traffic counts, and a prime location make this a standout opportunity in today's market.
Details
Maps
Contract Info
List Price/Acre: 299500
List Type: Exclusive Right of Sale
Named Exception: No
List Date: 2026-05-30
List Price: $599,000
Current Price: $599,000
Sub-Type: Vacant Land
Location, Tax & Legal
Sub Area: 0201 - Bay - Central NE
Community/Resort: None
Waterfront: No
Elementary School: Tommy Smith
Middle School: Merritt Brown
High School: Bay
Directions: North on 231, right onto Cherokee heights
HOA Fee: No
Street Name: Star
Street Suffix: Avenue
State: FL
Zip Code: 32404
County: Bay
Area: 02 - Bay County - Central
Subdivision: [No Recorded Subdiv]
Parcel ID: 05839-000-010
Legal Description: 8 3S 13W 128D COMM AT SW COR OF SEC THENCE N 695.15', TH N 312.90' TO S ROW LI OF HWY 231 TH NELY ALG SLY ROW LI 2157.69' TO POB TH CONT N51E 308.23' TO THE INT OF SLY ROW LI OF HWY 231 & WLY ROW LI OF CHEROKEE HEIGHTS RD TH S 449.22', W 245.22', TH N 262.48' TO POB ORB 3745 P 413
General Property Info
Acreage: 2
Lot Size (SqFt): 87120
Is Subject Leased: No
Remarks & Misc
Remarks: Prime 2-Acre Commercial Opportunity on Highway 231
Position your business for success with this exceptional 2-acre commercial parcel located within Bay County limits. Zoned General Commercial, this property offers outstanding flexibility and long-term potential in one of the area's growing commercial corridors.
Boasting approximately 285± feet of frontage along Highway 231, the property benefits from exceptional visibility and exposure. According to Florida Department of Transportation traffic data, the area experiences an estimated 25,000+ vehicles per day, providing a consistent flow of traffic and strong commercial presence.
Surrounded by established communities, ongoing development, and major retail destinations, this site is strategically positioned to capitalize on Bay County's continued growth. The General Commercial zoning allows for a broad range of potential uses, creating a rare opportunity for investors, developers, and business owners alike.
High visibility, strong traffic counts, and a prime location make this a standout opportunity in today's market.
Lot Features
Corner Lot: 1
Irregular: 1
Lot/Parcel Access
County Road: 1
Paved Road: 1
Present Zoning
County: 1
General Commercial: 1
Utilities
None: 1
Sale Type
As Is: 1
TransportationAccess
4 - Lane: 1
County Road: 1
Divided Highway: 1
Paved: 1
State Road: 1
Status Change Info
Status: Active
Property Features
TransportationAccess: 4 - Lane; County Road; Divided Highway; Paved; State Road
Lot Features: Corner Lot; Irregular
Sale Type: As Is
Utilities: None
Present Zoning: County; General Commercial
Listing Office: EXP Realty LLC
Last Updated: May - 31 - 2026
Information deemed reliable but not guaranteed.