5505 Shores Road, Panama City, FL 32404
$1,250,000
Property Type:
Commercial Land
Lot Size (sq. ft.):
182,081
Status:
Active
Current Price:
$1,250,000
List Date:
1/01/2026
Last Modified:
1/29/2026
Description
PRIME COMMERCIAL OPPORTUNITY-4.18 ACRES ON THE CORNER OF HIGHWAY 231 AND SHORES RD! Don’t miss this rare opportunity to own a highly visible 4.18-acre corner parcel on bustling Highway 231, just north of Highway 390, a key gateway corridor into Lynn Haven, Panama City and Panama City Beach, Florida. Situated just south of the Cherokee Heights Road intersection and minutes from the new Publix shopping center, this property offers unmatched exposure in one of the region’s fastest growing areas. With high traffic counts, convenient access, and proximity to established and new residential communities, this site is ideal for a variety of commercial developments- restaurant, medical or professional office space, retail center, or storage units- you name it! Its strategic location captures consistent flow from both locals and tourists traveling to the ‘World’s Most Beautiful Beaches’ via Highway 231, making it a smart investment for businesses seeking high visibility and growth potential. Two parcel numbers are included 05857-013-000 and 05857-137-000. CALL FOR TODAY FOR MORE INFORMATION ON THIS PRIME LOCATION!
More Information MLS# 767026
Contract Info
List Price/Acre: 299043.06
List Type: Exclusive Right of Sale
Named Exception: No
List Date: 2024-12-27
List Price: $1,250,000
Current Price: $1,250,000
Sub-Type: Land/Acres
Location, Tax & Legal
Sub Area: 0414 – Bay North – East Deerpoint/Bear Creek
Community/Resort: None
Waterfront: No
Elementary School: Deer Point
Middle School: Merritt Brown
High School: Mosley
Directions: AT THE LIGHT, THE INTERSECTION OF HWY 231 AND CHEROKEE LANDING HEADING SOUTH, MAKE YOUR FIRST RIGHT ONTO SHORES ROAD. PROPERTY IS THE TWO PARCELS LOCATED ON THE CORNER OF HWY 231 AND SHORES RD. LOOK FOR SIGN.
HOA Fee: No
Street #: 5505
Street Name: Shores
Street Suffix: Road
State: FL
Zip Code: 32404
County: Bay
Area: 04 – Bay County – North
Subdivision: [No Recorded Subdiv]
Parcel ID: 05857-137-000
Legal Description: 8 3S 13W -15.42- BEG 360′ E 3618.47′ S 1231.80′ NELY FROM NW COR SEC TH CONT NELY200′ N 506.45′ SWLY 200′ S 506.45′ TO POB ORB 1366 P 738 ORB 1379 P 1342 MAP-128D ORB 4626 P 1023 (INCLUDES 2 PARCELS #05857-137-000 AND #05857-013-000)
General Property Info
Acreage: 4.18
Lot Size (SqFt): 182081
Is Subject Leased: No
Remarks & Misc
Remarks: PRIME COMMERCIAL OPPORTUNITY-4.18 ACRES ON THE CORNER OF HIGHWAY 231 AND SHORES RD! Don’t miss this rare opportunity to own a highly visible 4.18-acre corner parcel on bustling Highway 231, just north of Highway 390, a key gateway corridor into Lynn Haven, Panama City and Panama City Beach, Florida. Situated just south of the Cherokee Heights Road intersection and minutes from the new Publix shopping center, this property offers unmatched exposure in one of the region’s fastest growing areas. With high traffic counts, convenient access, and proximity to established and new residential communities, this site is ideal for a variety of commercial developments- restaurant, medical or professional office space, retail center, or storage units- you name it! Its strategic location captures consistent flow from both locals and tourists traveling to the ‘World’s Most Beautiful Beaches’ via Highway 231, making it a smart investment for businesses seeking high visibility and growth potential. Two parcel numbers are included 05857-013-000 and 05857-137-000. CALL FOR TODAY FOR MORE INFORMATION ON THIS PRIME LOCATION!
Existing Leases
Other – See Remarks: 1
Financing
Cash: 1
Conventional: 1
Lot Features
Environmental Audit: 1
Soil Test: 1
Survey Available: 1
Lot/Parcel Access
Paved Road: 1
U.S. Highway: 1
Present Zoning
Commercial: 1
Utilities
Public Sewer – Connected: 1
Water Connected: 1
Sale Type
As Is: 1
TransportationAccess
4 – Lane: 1
Divided Highway: 1
Paved: 1
Status Change Info
Status: Active
Property Features
TransportationAccess: 4 – Lane; Divided Highway; Paved
Existing Leases: Other – See Remarks
Financing: Cash; Conventional
Lot Features: Environmental Audit; Soil Test; Survey Available
Sale Type: As Is
Utilities: Public Sewer – Connected; Water Connected
Present Zoning: Commercial
Listing Office:
Coldwell Banker Realty
Last Updated: January – 29 – 2026
Information deemed reliable but not guaranteed.