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.