4402 HIGHWAY 2321, Panama City, FL 32404 (MLS# 667660)

4402 HIGHWAY 2321, Panama City, FL 32404

$350,000

Property Type: Commercial Land Lot Size (sq. ft.): 152,460 Status: Pending

Current Price: $350,000 List Date: 2/03/2018 Last Modified: 7/09/2026

Overview

Description

Excellent 3.5 Acre Commercial Waterfront Development Opportunity on North Bay at the foot of the Deer Point Dam. This site is noted as Site 2A on the property aerial and part of a fragmented parcel consisting of 76.6 acres (Bay County Parcel Number 08671-000-000). The site currently houses a Bait Shop and is to be carved out of the current parcel with size and dimensions to be determined. Zoned Agriculture/Timberland (AG-2) in Unincorporated Bay County, rezoning & access to municipal water & sewer would require annexation into the City of Lynn Haven. Additional vacant waterfront and interior land parcels available from .84 acres to 130 acres along the Highway 2321 corridor in the Deer Point Lake and North Bay area.

Listing Details MLS# 667660

Location, Tax & Legal

Street #: 4402
Street Name: HIGHWAY 2321
State: FL
Zip Code: 32404
County: Bay
Area: 02 – Bay County – Central
Subdivision: No Named Subdivision
Parcel ID: 08671-000-000
Legal Description: 36 2S 14W & 01 3S 14W ORG LOTS 1,2,3 S OF BAY LESS PRCLS & LESS RD R/W TO CO IN ORIG LOT 1 ALSO S 30' OF W 122.32' OF SE1/4 LESS R/W TO SR 77A IN SEC 36 2S 14W 01 3S 14W ** COM AT THE NORTH LINE OF SEC 1 & SWLY R/W OF HWY 2321 TH W 529.49' FOR POB TH CONT W 1276.26' TH S 357.50 ' TH W 431'M/L TO WATERS EDGE TH SLY ALONG WATERS EDGE TO MCKITHENS BAYOU TH NLY ELY SLY ALONG WATERS EDGE OF BAYOU 3168'
Sub Area: 0201 – Bay – Central NE
Business Name: Bait Shop Site Deer Point Dam
Community/Resort: None
Waterfront: Yes
Elementary School: Deer Point
Middle School: Merritt Brown
High School: Mosley
Directions: From Panama City Mall, travel north on Hwy 231, turn left on Hwy 2321, property is located on the left in the Bait Shop area.
HOA Fee: No

Contract Info

List Price/Acre: 100000
Sub-Type: Improved Commercial
List Type: Exclusive Right of Sale
Named Exception: No

General Property Info

Site Dimensions: Irregular
Acreage: 3.5
Lot Size (SqFt): 152460
Is Subject Leased: Yes

Status Change Info

Under Contract Date: 2025-06-01

Remarks & Misc

Remarks: Excellent 3.5 Acre Commercial Waterfront Development Opportunity on North Bay at the foot of the Deer Point Dam. This site is noted as Site 2A on the property aerial and part of a fragmented parcel consisting of 76.6 acres (Bay County Parcel Number 08671-000-000). The site currently houses a Bait Shop and is to be carved out of the current parcel with size and dimensions to be determined. Zoned Agriculture/Timberland (AG-2) in Unincorporated Bay County, rezoning & access to municipal water & sewer would require annexation into the City of Lynn Haven. Additional vacant waterfront and interior land parcels available from .84 acres to 130 acres along the Highway 2321 corridor in the Deer Point Lake and North Bay area.

Financing

Cash: Yes
Conventional: Yes

More Information

Lot Features

Waterfront: Yes
Wooded: Yes
Other – See Remarks: Yes

Waterfront Feature

Shore – Natural: Yes

Lot/Parcel Access

County Road: Yes

Present Zoning

Agriculture: Yes

Association Amenities

Waterfront: Yes

Utilities

Sewer Available: Yes
Water Available: Yes

Waterview

Bay: Yes

Sale Type

As Is: Yes

Waterfront Type

Bay/Harbor: Yes
Bayou w/ Gulf Access: Yes

TransportationAccess

2 – Lane: Yes
County Road: Yes

Property Features

TransportationAccess: 2 – Lane; County Road Financing: Cash; Conventional Lot Features: Waterfront; Wooded; Other – See Remarks Sale Type: As Is Utilities: Sewer Available; Water Available Waterfront Type: Bay/Harbor; Bayou w/ Gulf Access Waterfront Feature: Shore – Natural Present Zoning: Agriculture Waterview: Bay

Listing Office: Counts Real Estate Group

Last Updated: July – 09 – 2026

Information deemed reliable but not guaranteed.