000 Hwy 231, Panama City, FL 32404 (MLS# 692552)

000 Hwy 231, Panama City, FL 32404

$2,931,399

Property Type: Commercial Land Lot Size (sq. ft.): 19,384,200 Status: Sold

Current Price: $2,931,399 List Date: 6/03/2024 Last Modified: 6/25/2025

Overview

Description

Approximately 445 acres including +/- 2,500 feet of frontage on US HWY 231. This property is currently zoned AG-1 and is located in unincorporated Bay County. With land use change, property would be ideal for large scale residential development (all measurements are estimates only).

Listing Details MLS# 692552

Location, Tax & Legal

Street #: 000
Street Name: Hwy 231
State: FL
Zip Code: 32404
County: Bay
Area: 04 – Bay County – North
Subdivision: [No Recorded Subdiv]
Parcel ID: 05468-000-000
Legal Description: A 445 Acre portion (north side of US 231) of:26/25 2S 13W 525.50AC -1- 58 ALL SEC 26 LESS S 1/2 OF SW1/4 & W1/2 OF SW1/4 OF SE1/4 & LESS RR R/W & HWY IN SEC 26 25 2S 13W BEG 1760' N OF SW COR OF SEC 25 TH RUN N 762' TH NELY 1061' S 91.7' SWLY ALONG CENTER LI RD 1610' TO POB ORB 724 P 854 ORB 768 P 667 ORB 1052 P 894 ORB 1044 P 686 ORB 1149 P 1065,1067,1069,1071 ,1073 ORB 2374 P 1786 ORB 2751 P 16
Sub Area: 0414 – Bay North – East Deerpoint/Bear Creek
Business Name: 445 Acres on U.S. Highway 231
Community/Resort: None
Waterfront: No
Elementary School: Tommy Smith
Middle School: Merritt Brown
High School: Mosley
Directions: From the intersection of US 231 and 23rd Street head North approximately 9.4 miles to Morningside Drive. Property entrance will be on West side of US 231 and .782 miles immediately following and adjacent to Morningside Drive.
HOA Fee: No

Contract Info

List Price/Acre: 6292.13
Sub-Type: Land/Acres
List Type: Exclusive Right of Sale

General Property Info

Acreage: 445
Lot Size (SqFt): 19384200
Frontage Feet: 2500
Is Subject Leased: No

Status Change Info

Under Contract Date: 2024-07-12
Sold Date: 2025-06-25
Sold Price/Acre: 6587.41

Remarks & Misc

Remarks: Approximately 445 acres including +/- 2,500 feet of frontage on US HWY 231. This property is currently zoned AG-1 and is located in unincorporated Bay County. With land use change, property would be ideal for large scale residential development (all measurements are estimates only).

Financing

Cash: Yes
Conventional: Yes

More Information

Lot Features

Raw Acreage: Yes

Lot/Parcel Access

U.S. Highway: Yes

Present Zoning

Agriculture: Yes
County: Yes

Utilities

None: Yes

Sale Type

As Is: Yes

TransportationAccess

Divided Highway: Yes
Median Cut: Yes

Property Features

TransportationAccess: Divided Highway; Median Cut Financing: Cash; Conventional Lot Features: Raw Acreage Sale Type: As Is Utilities: None Present Zoning: Agriculture; County

Listing Office: Counts Real Estate Group Inc

Last Updated: June – 25 – 2025

Information deemed reliable but not guaranteed.