$500,000
Panama City, FL 32404
MLS# 635572
Status: Sold
1 / 1
Property Description
EXCELLENT DEVELOPMENT OPPORTUNITY! located on the northwest side of Hwy 231. The site is approx. 1/8 mile north of the intersection of Hwy 231(4 lane - divided)and Star Ave.,with a traffic signal. The site has a total of 723± feet on Hwy 231, less 60± Ft. F.D.O.T. easement on the southwest property line (663± ft. approx. net usable). The site contains 9.42± total acres. There is 1.81± acres of wetlands in the northwest corner area (7.61± acres net usable) and is irregular in shape. Zoned Agriculture 2 (Land use - Agriculture Timberland). The property may be re-zoned to Neighborhood Commercial. County Staff has indicated they would support the change(Bay Co.). Public water and Sewer (Bay Co.)Traffic Count - 28,000 (FDOT 2019)THIS SITE IS IN THE PATH OF MAJOR DEVELOPMENT ALONG HWY 23
Details
Maps
Contract Info
List Price/Acre: 58386.41
List Type: Exclusive Right of Sale
Named Exception: No
List Date: 2015-07-30
List Price: $550,000
Current Price: $500,000
Sub-Type: Land/Acres
Location, Tax & Legal
Sub Area: 0414 - Bay North - East Deerpoint/Bear Creek
Business Name: NA
Community/Resort: None
Waterfront: No
Elementary School: Deer Point
Middle School: Merritt Brown
High School: Mosley
Directions: From Panama City Mall (Highway 231 and Highway 77), travel north of Highway 231 to approximately one-eighth mile north of Star Avenue intersection. Property is north on west side of Highway 231.
HOA Fee: No
Street #: 6001
Street Direction: N
Street Name: HIGHWAY 231
State: FL
Zip Code: 32404
County: Bay
Area: 04 - Bay County - North
Subdivision: No Named Subdivision
Parcel ID: 05731-000-000
Legal Description: 4 3S 13W -55-143B That part of Sw1/4 Lying NW of Hwy 231 Less Parcels ORB 3042 P 1
General Property Info
Acreage: 9.42
Lot Size (SqFt): 410335
Frontage Feet: 723
Is Subject Leased: No
Remarks & Misc
Remarks: EXCELLENT DEVELOPMENT OPPORTUNITY! located on the northwest side of Hwy 231. The site is approx. 1/8 mile north of the intersection of Hwy 231(4 lane - divided)and Star Ave.,with a traffic signal. The site has a total of 723± feet on Hwy 231, less 60± Ft. F.D.O.T. easement on the southwest property line (663± ft. approx. net usable). The site contains 9.42± total acres. There is 1.81± acres of wetlands in the northwest corner area (7.61± acres net usable) and is irregular in shape. Zoned Agriculture 2 (Land use - Agriculture Timberland). The property may be re-zoned to Neighborhood Commercial. County Staff has indicated they would support the change(Bay Co.). Public water and Sewer (Bay Co.)Traffic Count - 28,000 (FDOT 2019)THIS SITE IS IN THE PATH OF MAJOR DEVELOPMENT ALONG HWY 23
Status Change Info
Sold Price/Acre: 53078.56
Status: Sold
Under Contract Date: 2026-06-21
Sold Date: 2026-08-11
Sold Price: $500,000
Financing
Cash: 1
Conventional: 1
Utilities
Electricity - Connected: 1
Water Connected: 1
TransportationAccess
4 - Lane: 1
Other - See Remarks: 1
Property Features
TransportationAccess: 4 - Lane; Other - See Remarks
Financing: Cash; Conventional
Utilities: Electricity - Connected; Water Connected
Listing Office: Counts Real Estate Group
Last Updated: August - 27 - 2026
Information deemed reliable but not guaranteed.