0000 W 231 Highway, Panama City, FL 32405 (MLS# 794189)

0000 W 231 Highway, Panama City, FL 32405

New Listing

$5,200,000

1-web-or-mls-27-print-DJI_20260809151525

Property Type: Commercial Land Lot Size (sq. ft.): 14,069,880 Status: Active

Current Price: $5,200,000 List Date: 8/17/2026 Last Modified: 8/17/2026

Overview

Description

323 RAW ACREAGE AVAILABLE – Discover an exceptional development opportunity with approximately 323 acres strategically located along Highway 231. Zoned commercial/agriculture and offering multiple access points from the highway, this expansive property provides flexibility for a variety of potential uses. Its highest and best use may be a thoughtfully planned single-family residential community, with ample space to create a neighborhood that balances convenience, privacy, and Northwest Florida’s natural surroundings. Located just a few miles from the busier areas of town and within convenient driving distance of the area’s beautiful beaches, this property offers the accessibility today’s buyers want while maintaining plenty of room to grow. A rare opportunity for developers and investors seeking substantial acreage in the path of future growth. Buyer to verify zoning, land use, access, utilities, environmental conditions, and development potential.

Listing Details MLS# 794189

Location, Tax & Legal

Street #: 0000
Street Direction: W
Street Name: 231
Street Suffix: Highway
State: FL
Zip Code: 32405
County: Bay
Area: 04 – Bay County – North
Subdivision: No Named Subdivision
Parcel ID: xxxxx-xxx-xxx
Legal Description: Contact Listing Agent
Sub Area: 0414 – Bay North – East Deerpoint/Bear Creek
Community/Resort: None
Waterfront: No
Elementary School: Tommy Smith
Middle School: Merritt Brown
High School: Mosley
Directions: From Panama City, head North towards Hwy 231. Continue on Hwy 231 for approximately 13 miles. Look for Agents signage on the left near Johnny Lane. There are multiple access points from Hwy 231. Contact Listing Agent.
HOA Fee: No

Contract Info

List Price/Acre: 16099.07
Sub-Type: Land/Acres
List Type: Exclusive Right of Sale
Named Exception: No

General Property Info

Acreage: 323
Lot Size (SqFt): 14069880
Is Subject Leased: No

Remarks & Misc

Remarks: 323 RAW ACREAGE AVAILABLE – Discover an exceptional development opportunity with approximately 323 acres strategically located along Highway 231. Zoned commercial/agriculture and offering multiple access points from the highway, this expansive property provides flexibility for a variety of potential uses. Its highest and best use may be a thoughtfully planned single-family residential community, with ample space to create a neighborhood that balances convenience, privacy, and Northwest Florida's natural surroundings. Located just a few miles from the busier areas of town and within convenient driving distance of the area's beautiful beaches, this property offers the accessibility today's buyers want while maintaining plenty of room to grow. A rare opportunity for developers and investors seeking substantial acreage in the path of future growth. Buyer to verify zoning, land use, access, utilities, environmental conditions, and development potential.

Financing

Cash: Yes
Conventional: Yes

More Information

Lot/Parcel Access

U.S. Highway: Yes

Present Zoning

Agriculture: Yes
General Commercial: Yes

Utilities

Other – See Remarks: Yes

Sale Type

As Is: Yes

TransportationAccess

4 – Lane: Yes
Divided Highway: Yes

Property Features

TransportationAccess: 4 – Lane; Divided Highway Financing: Cash; Conventional Sale Type: As Is Utilities: Other – See Remarks Present Zoning: Agriculture; General Commercial

Listing Office: Think Real Estate

Last Updated: August – 17 – 2026

Information deemed reliable but not guaranteed.