4402 HIGHWAY 2321, Panama City, FL 32404 (MLS# 667661)

4402 HIGHWAY 2321, Panama City, FL 32404

$350,000

Property Type: Commercial for Sale Square Footage: 2,219 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# 667661

Contract Info

List Price/SqFt: 157.73
Sub-Type: Other

Location

Area: 02 – Bay County – Central
Street #: 4402
Street Name: HIGHWAY 2321
State: FL
Zip Code: 32404
County: Bay
Sub Area: 0201 – Bay – Central NE
Subdivision: No Named Subdivision
Community/Resort: None
Waterfront: Yes
Parcel ID: 08671-000-000
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.
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'

General Property Info

List Class: Other
Immediate Occupancy: Yes
Construction Status: To Be Built
Site Dimensions: Irregular
Acreage: 3.5
SqFt Tot Bldg: 2219
Year Built: 1965

Status Change Info

Under Contract Date: 2025-06-01

Listing Info, Tax and Legal

HOA Fee: No

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.

More Information

Financing

Cash: Yes
Conventional: Yes

Present Zoning

Agriculture: Yes

Association Amenities

Waterfront: Yes

Utilities

Sewer Available: Yes
Water Available: Yes
Other – See Remarks: Yes

Waterview

Bay: Yes

Sale Type

As Is: Yes

Waterfront Type

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

Waterfront Feature

Shore – Natural: Yes

Floors in Unit/Home

One: Yes

Offering Type

Real Estate: Yes
Sale Only: Yes

Pricing Type

Sale Price: Yes

Transport. Access

2-Lane: Yes
County Road: Yes

Property Features

Financing: Cash; Conventional Offering Type: Real Estate; Sale Only Pricing Type: Sale Price Present Zoning: Agriculture Sale Type: As Is Utilities: Sewer Available; Water Available; Other – See Remarks Waterfront Type: Bay/Harbor; Bayou w/ Gulf Access Waterfront Feature: Shore – Natural Waterview: Bay

Listing Office: Counts Real Estate Group

Last Updated: July – 09 – 2026

Information deemed reliable but not guaranteed.