$1,980,000
Panama City, FL 32404
MLS# 667659
Status: Pending
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Property Description
Excellent 46.5 Acre Residential North Bay Waterfront Development Opportunity with almost 3/4 of a mile of pristine shoreline on North Bay and McKitchen's Bayou. This site is noted as Site 2 on the property aerial and part of a fragmented parcel consisting of 76.6 acres (Bay County Parcel Number 08671-000-000). Zoned Agriculture/Timberland (AG-2) in Unincorporated Bay County, rezoning & access to municipal water & sewer would require annexation into the City of Lynn Haven. Additional vacant waterfront and interior land parcels available from .84 acres to 130 acres along the Highway 2321 corridor in the Deer Point Lake and North Bay area. This property is west and adjacent to the Mill Bayou Residential Mixed Use Development and the new approved 97.8 acre Lynn Haven Bayou Park & Preserve.
Details
Maps
Contract Info
List Price/Acre: 42580.65
Status: Pending
List Date: 2018-02-03
List Price: $1,980,000
Current Price: $1,980,000
Location
Sub Area: 0201 - Bay - Central NE
Community/Resort: None
Waterfront: Yes
Elementary School: Deer Point
Middle School: Merritt Brown
High School: Mosley
Directions: From Panama City Mall, travel north on Hwy 231, turn left on Hwy 2321, property is located on the left from just past the unpaved portion of Harlan Shope Road to the Deer Point Dam. Site is accessable via the unpaved portion of Harlan Shope Road or Little Dirt Road.
Street #: 4402
Street Name: HIGHWAY 2321
Area: 02 - Bay County - Central
State: FL
Zip Code: 32404
County: Bay
Subdivision: No Named Subdivision
Parcel ID: 08671-000-000
Legal Description: 36 2S 14W & 01 3S 14W ORG LOTS 1,2,3 S OF BAY LESS PRCLS & LESS RD R/W TO CO IN ORIG LOT 1 ALSO S 30' OF W 122.32' OF SE1/4 LESS R/W TO SR 77A IN SEC 36 2S 14W 01 3S 14W ** COM AT THE NORTH LINE OF SEC 1 & SWLY R/W OF HWY 2321 TH W 529.49' FOR POB TH CONT W 1276.26' TH S 357.50 ' TH W 431'M/L TO WATERS EDGE TH SLY ALONG WATERS EDGE TO MCKITHENS BAYOU TH NLY ELY SLY ALONG WATERS EDGE OF BAYOU 3168'
General Property Info
Acreage: 46.5
Lot Size (SqFt): 2025540
Lot Dimensions: Irregular
Sub-Type: Vacant Land
Listing Info, Tax & Legal
HOA Fee: No
Last Taxes: 3784
Last Tax Year: 2017
As Is: Yes
Remarks & Misc
Remarks: Excellent 46.5 Acre Residential North Bay Waterfront Development Opportunity with almost 3/4 of a mile of pristine shoreline on North Bay and McKitchen's Bayou. This site is noted as Site 2 on the property aerial and part of a fragmented parcel consisting of 76.6 acres (Bay County Parcel Number 08671-000-000). Zoned Agriculture/Timberland (AG-2) in Unincorporated Bay County, rezoning & access to municipal water & sewer would require annexation into the City of Lynn Haven. Additional vacant waterfront and interior land parcels available from .84 acres to 130 acres along the Highway 2321 corridor in the Deer Point Lake and North Bay area. This property is west and adjacent to the Mill Bayou Residential Mixed Use Development and the new approved 97.8 acre Lynn Haven Bayou Park & Preserve.
Financing
Cash: 1
Conventional: 1
Lot Features
Survey Available: 1
Waterfront: 1
Wooded: 1
Waterfront Feature
Shore - Natural: 1
Lot Access
County Road: 1
Dirt/Clay Road: 1
Present Zoning
Agriculture: 1
Utilities
Public Sewer Available: 1
Water Available: 1
Waterview
Bay: 1
Bayou: 1
Sale Type
As Is: 1
Waterfront Type
Bay/Harbor: 1
Bayou w/ Gulf Access: 1
Status Change Info
Under Contract Date: 2025-06-01
Property Features
Financing: Cash; Conventional
Lot Access: County Road; Dirt/Clay Road
Lot Features: Survey Available; Waterfront; Wooded
Sale Type: As Is
Utilities: Public Sewer Available; Water Available
Waterfront Type: Bay/Harbor; Bayou w/ Gulf Access
Waterfront Feature: Shore - Natural
Waterview: Bay; Bayou
Present Zoning: Agriculture
Listing Office: Counts Real Estate Group
Last Updated: March - 23 - 2026
Information deemed reliable but not guaranteed.