0 Hwy 231, Panama City, FL 32404 (MLS# 785492)

0 Hwy 231, Panama City, FL 32404

$1,500,000

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Property Type: Commercial Land Lot Size (sq. ft.): 4,051,080 Status: Active

Current Price: $1,500,000 List Date: 2/19/2026 Last Modified: 2/19/2026

Overview

Description

Opportunities like this don't come around often. This expansive ±93-acre tract offers a rare chance to secure a large footprint along a well-traveled corridor with substantial frontage and outstanding visibility. With the majority of the property currently zoned for commercial use, the groundwork is in place for a wide range of potential development concepts, investment strategies, or long-term holds. The acreage stretches deep, providing flexibility for phased projects, mixed-use possibilities, or strategic land banking. Portions of the property may include low-lying areas or natural features, offering character and potential for creative site planning. Buyers are encouraged to conduct their own feasibility studies, surveys, and due diligence regarding zoning, wetlands, utilities, and intended use. Positioned near established residential pockets and growing activity, this location offers both accessibility and room to build something significant. Whether you're looking to expan … (Read more)

Listing Details MLS# 785492

Location, Tax & Legal

Street Name: Hwy 231
State: FL
Zip Code: 32404
County: Bay
Area: 04 – Bay County – North
Subdivision: No Named Subdivision
Parcel ID: 05454-070-000
Legal Description: 24 2S 13W -1.7- 14.5A 157 BEG SE COR OF N1/2 OF NW1/4 OF SE1/4 TH W 430' N 660' E 635' SELY 685' SWLY 430' SELY 660' SWLY 255.2' ALG R/W NWLY 1070 ' E 146.2' TO POB ORB 318 P 393 LESS PCL ****AND***** BEG 1803 N & 356' SWLY OF SE COROF SEC TH CONT ON NW R/W HWY 231 430' 90 DEG RT 660' 90 DEG RT 430' 90 DEG RT 660' TO POB ORB 59 P 440 LESS SR R/W & LE ***AND*** SW1/
Sub Area: 0414 – Bay North – East Deerpoint/Bear Creek
Community/Resort: None
Waterfront: No
Elementary School: Waller
Middle School: Merritt Brown
High School: Mosley
Directions: Traveling north on Hwy 231, property will be on the left approximately 5 miles passed 231/East Ave intersection.
HOA Fee: No

Contract Info

List Price/Acre: 16129.03
Sub-Type: Unimproved Commercial
List Type: Exclusive Right of Sale
Named Exception: No

General Property Info

Site Dimensions: Irregular
Acreage: 93
Lot Size (SqFt): 4051080
Is Subject Leased: No

Remarks & Misc

Remarks: Opportunities like this don't come around often. This expansive ±93-acre tract offers a rare chance to secure a large footprint along a well-traveled corridor with substantial frontage and outstanding visibility. With the majority of the property currently zoned for commercial use, the groundwork is in place for a wide range of potential development concepts, investment strategies, or long-term holds. The acreage stretches deep, providing flexibility for phased projects, mixed-use possibilities, or strategic land banking. Portions of the property may include low-lying areas or natural features, offering character and potential for creative site planning. Buyers are encouraged to conduct their own feasibility studies, surveys, and due diligence regarding zoning, wetlands, utilities, and intended use. Positioned near established residential pockets and growing activity, this location offers both accessibility and room to build something significant. Whether you're looking to expand your portfolio, develop at scale, or secure a prime piece of land in a path of growth, this is a tract that demands attention. Large acreage. Strong exposure. Serious potential.

Utilities

None: Yes

More Information

TransportationAccess

4 – Lane: Yes
Divided Highway: Yes

Property Features

TransportationAccess: 4 – Lane; Divided Highway Utilities: None

Listing Office: Think Real Estate

Last Updated: February – 19 – 2026

Information deemed reliable but not guaranteed.