$2,900,000
Panama City, FL 32404
MLS# 794968
1 / 11
Property Description
RARE DEVELOPMENT OPPORTUNITY to acquire approximately 41.5 acres within the Lynn Haven municipality with approximately 960 feet of frontage along Transmitter Road. This property is conveniently located near Highway 231 and Highway 390 and surrounded by residential growth, established neighborhoods, schools, recreational parks, shopping, dining, and other amenities. Water, sewer, and electric utilities are available in the area with fire hydrants nearby. Formerly used as a church campus, the property currently has a Future Land Use designation of P/I (Public/Institutional). Potential may exist to pursue a Future Land Use and/or zoning change for Low Density Residential or Medium Density Residential development (subject to governmental review and approval). Existing improvements include asphalt drives and large parking areas. With substantial acreage, road frontage, nearby utilities, and a convenient location, this property offers a great opportunity for future use or development. Call today for more information!
Details
Maps
Contract Info
List Price/Acre: 69879.52
List Type: Exclusive Right of Sale
Named Exception: No
List Date: 2026-09-03
List Price: $2,900,000
Current Price: $2,900,000
Sub-Type: Vacant Land
Location, Tax & Legal
Sub Area: 0201 - Bay - Central NE
Community/Resort: None
Waterfront: No
Elementary School: Deer Point
Middle School: Merritt Brown
High School: Mosley
Directions: North on Hwy 231, West on Hwy 390, Left on Transmitter Road, Property on Right.
HOA Fee: No
Street #: 4501
Street Name: Transmitter
Street Suffix: Road
State: FL
Zip Code: 32404
County: Bay
Area: 02 - Bay County - Central
Subdivision: St. Andrews Bay Dev. Co.
Parcel ID: 11515-040-000
Legal Description: 14 3S 14W -1.10- 116B ST AND BAY DEV CO PLAT LOTS 18, 31, 32, 33, 34, 35, 47, 48 & E 260'LOT 30 LESS THE N 87' ORB 1914 P 1559 ORB 4704 P 2016
General Property Info
Acreage: 41.5
Lot Size (SqFt): 1807740
Frontage Feet: 960
Is Subject Leased: No
Remarks & Misc
Remarks: RARE DEVELOPMENT OPPORTUNITY to acquire approximately 41.5 acres within the Lynn Haven municipality with approximately 960 feet of frontage along Transmitter Road. This property is conveniently located near Highway 231 and Highway 390 and surrounded by residential growth, established neighborhoods, schools, recreational parks, shopping, dining, and other amenities. Water, sewer, and electric utilities are available in the area with fire hydrants nearby. Formerly used as a church campus, the property currently has a Future Land Use designation of P/I (Public/Institutional). Potential may exist to pursue a Future Land Use and/or zoning change for Low Density Residential or Medium Density Residential development (subject to governmental review and approval). Existing improvements include asphalt drives and large parking areas. With substantial acreage, road frontage, nearby utilities, and a convenient location, this property offers a great opportunity for future use or development. Call today for more information!
Financing
Cash: 1
Conventional: 1
Lot/Parcel Access
Paved Road: 1
Present Zoning
Other - See Remarks: 1
Utilities
Electricity - Availabile: 1
Sewer Available: 1
Water Available: 1
TransportationAccess
2 - Lane: 1
Paved: 1
Status Change Info
Status: Active
Property Features
TransportationAccess: 2 - Lane; Paved
Financing: Cash; Conventional
Utilities: Electricity - Availabile; Sewer Available; Water Available
Present Zoning: Other - See Remarks
Listing Office: CENTURY 21 Commander Realty
Last Updated: September - 03 - 2026
Information deemed reliable but not guaranteed.