000 Hwy 231, Panama City, FL 32404 (MLS# 692552)

List Price/Acre: 6292.13

List Type: Exclusive Right of Sale

Named Exception: No

List Date: 2020-01-09

List Price: $2,800,000

Current Price: $2,931,399

Sub-Type: Land/Acres

Sub Area: 0414 - Bay North - East Deerpoint/Bear Creek

Business Name: 445 Acres on U.S. Highway 231

Community/Resort: None

Waterfront: No

Elementary School: Tommy Smith

Middle School: Merritt Brown

High School: Mosley

Directions: From the intersection of US 231 and 23rd Street head North approximately 9.4 miles to Morningside Drive. Property entrance will be on West side of US 231 and .782 miles immediately following and adjacent to Morningside Drive.

HOA Fee: No

Street #: 000

Street Name: Hwy 231

State: FL

Zip Code: 32404

County: Bay

Area: 04 - Bay County - North

Subdivision: [No Recorded Subdiv]

Parcel ID: 05468-000-000

Legal Description: A 445 Acre portion (north side of US 231) of:26/25 2S 13W 525.50AC -1- 58 ALL SEC 26 LESS S 1/2 OF SW1/4 & W1/2 OF SW1/4 OF SE1/4 & LESS RR R/W & HWY IN SEC 26 25 2S 13W BEG 1760' N OF SW COR OF SEC 25 TH RUN N 762' TH NELY 1061' S 91.7' SWLY ALONG CENTER LI RD 1610' TO POB ORB 724 P 854 ORB 768 P 667 ORB 1052 P 894 ORB 1044 P 686 ORB 1149 P 1065,1067,1069,1071 ,1073 ORB 2374 P 1786 ORB 2751 P 16

Acreage: 445

Lot Size (SqFt): 19384200

Frontage Feet: 2500

Is Subject Leased: No

Remarks: Approximately 445 acres including +/- 2,500 feet of frontage on US HWY 231. This property is currently zoned AG-1 and is located in unincorporated Bay County. With land use change, property would be ideal for large scale residential development (all measurements are estimates only).

Sold Price/Acre: 6587.41

Status: Sold

Under Contract Date: 2024-07-12

Sold Date: 2025-06-25

Sold Price: $2,931,399

Cash: 1

Conventional: 1

Raw Acreage: 1

U.S. Highway: 1

Agriculture: 1

County: 1

None: 1

As Is: 1

Divided Highway: 1

Median Cut: 1