$1,250,000
Panama City, FL 32404
MLS# 767026
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Property Description
PRIME COMMERCIAL OPPORTUNITY-4.18 ACRES ON HIGHWAY 231. Don't miss this rare opportunity to own a highly visible 4.18-acre corner parcel on bustling Highway 231, just north of Highway 390, a key gateway corridor into Lynn Haven, Panama City and Panama City Beach, Florida. Situated just south of the Cherokee Heights Road intersection and minutes from the new Publix shopping center, this property offers unmatched exposure in one of the region's fastest growing areas. With high traffic counts, convenient access, and proximity to established and new residential communities, this site is ideal for a variety of commercial developments- restaurant, medical or professional office space, retail center, or storage units- you name it! Its strategic location captures consistent flow from both locals and tourists traveling to the 'World's Most Beautiful Beaches' via Highway 231, making it a smart investment for businesses seeking high visibility and growth potential. Two parcel numbers are included 05857-013-000 and 05857-137-000. BRING AN OFFER!
Details
Maps
Contract Info
List Date: 2024-12-27
List Price: $1,250,000
List Price/Acre: 299043.06
Current Price: $1,250,000
Sub-Type: Land/Acres
List Type: Exclusive Right of Sale
Location Tax Legal
Street #: 5505
Street Name: Shores
Street Suffix: Road
State: FL
Zip Code: 32404
County: Bay
Area: 04 - Bay County - North
Subdivision: [No Recorded Subdiv]
Parcel ID: 05857-137-000
Legal Description: 8 3S 13W -15.42- BEG 360' E 3618.47' S 1231.80' NELY FROM NW COR SEC TH CONT NELY200' N 506.45' SWLY 200' S 506.45' TO POB ORB 1366 P 738 ORB 1379 P 1342 MAP-128D ORB 4626 P 1023 (INCLUDES 2 PARCELS #05857-137-000 AND #05857-013-000)
General Property Info
Acreage: 4.18
Lot Size (SqFt): 182081
Is Subject Leased: No
Status Change Info
Status: Active
Property Features
TransportationAccess: 4 - Lane; Divided Highway; Paved
Existing Leases: Other - See Remarks
Financing: Cash; Conventional
Lot Features: Environmental Audit; Soil Test; Survey Available
Sale Type: As Is
Utilities: Public Sewer - Connected; Water Connected
Present Zoning: Commercial
Listing Office: Coldwell Banker Realty
Last Updated: September - 05 - 2025
Information deemed reliable but not guaranteed.