$5,200,000
Panama City, FL 32405
MLS# 794189
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Property Description
323 RAW ACREAGE AVAILABLE - Discover an exceptional development opportunity with approximately 323 acres strategically located along Highway 231. Zoned commercial/agriculture and offering multiple access points from the highway, this expansive property provides flexibility for a variety of potential uses. Its highest and best use may be a thoughtfully planned single-family residential community, with ample space to create a neighborhood that balances convenience, privacy, and Northwest Florida's natural surroundings. Located just a few miles from the busier areas of town and within convenient driving distance of the area's beautiful beaches, this property offers the accessibility today's buyers want while maintaining plenty of room to grow. A rare opportunity for developers and investors seeking substantial acreage in the path of future growth. Buyer to verify zoning, land use, access, utilities, environmental conditions, and development potential.
Details
Maps
Contract Info
List Price/Acre: 16099.07
List Type: Exclusive Right of Sale
Named Exception: No
List Date: 2026-05-20
List Price: $5,200,000
Current Price: $5,200,000
Sub-Type: Land/Acres
Location, Tax & Legal
Sub Area: 0414 - Bay North - East Deerpoint/Bear Creek
Community/Resort: None
Waterfront: No
Elementary School: Tommy Smith
Middle School: Merritt Brown
High School: Mosley
Directions: From Panama City, head North towards Hwy 231. Continue on Hwy 231 for approximately 13 miles. Look for Agents signage on the left near Johnny Lane. There are multiple access points from Hwy 231. Contact Listing Agent.
HOA Fee: No
Street #: 0000
Street Direction: W
Street Name: 231
Street Suffix: Highway
State: FL
Zip Code: 32405
County: Bay
Area: 04 - Bay County - North
Subdivision: No Named Subdivision
Parcel ID: xxxxx-xxx-xxx
Legal Description: Contact Listing Agent
General Property Info
Acreage: 323
Lot Size (SqFt): 14069880
Is Subject Leased: No
Remarks & Misc
Remarks: 323 RAW ACREAGE AVAILABLE - Discover an exceptional development opportunity with approximately 323 acres strategically located along Highway 231. Zoned commercial/agriculture and offering multiple access points from the highway, this expansive property provides flexibility for a variety of potential uses. Its highest and best use may be a thoughtfully planned single-family residential community, with ample space to create a neighborhood that balances convenience, privacy, and Northwest Florida's natural surroundings. Located just a few miles from the busier areas of town and within convenient driving distance of the area's beautiful beaches, this property offers the accessibility today's buyers want while maintaining plenty of room to grow. A rare opportunity for developers and investors seeking substantial acreage in the path of future growth. Buyer to verify zoning, land use, access, utilities, environmental conditions, and development potential.
Financing
Cash: 1
Conventional: 1
Lot/Parcel Access
U.S. Highway: 1
Present Zoning
Agriculture: 1
General Commercial: 1
Utilities
Other - See Remarks: 1
Sale Type
As Is: 1
TransportationAccess
4 - Lane: 1
Divided Highway: 1
Status Change Info
Status: Active
Property Features
TransportationAccess: 4 - Lane; Divided Highway
Financing: Cash; Conventional
Sale Type: As Is
Utilities: Other - See Remarks
Present Zoning: Agriculture; General Commercial
Listing Office: Think Real Estate
Last Updated: August - 17 - 2026
Information deemed reliable but not guaranteed.