5505 Shores Road, Panama City, FL 32404 (MLS# 767026)

5505 Shores Road, Panama City, FL 32404

$1,250,000

Drone shot showing divided HWY 231 and platted subdivision across the HWY.

Showing light at Cherokee Landing Road intersection and location of commercial lot.

Drone shot looking south towards light at HWY 390.

Drone shot showing light at Cherokee Landing Rd.

Looking at land from across the HWY. Large parcel with BIG HWY frontage!

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

Overview

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 … (Read more)

Listing Details MLS# 767026

Location, Tax & Legal

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)
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

Contract Info

List Price/Acre: 299043.06
Sub-Type: Land/Acres
List Type: Exclusive Right of Sale
Named Exception: No

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: Yes

More Information

Financing

Cash: Yes
Conventional: Yes

Lot Features

Environmental Audit: Yes
Soil Test: Yes
Survey Available: Yes

Lot/Parcel Access

Paved Road: Yes
U.S. Highway: Yes

Present Zoning

Commercial: Yes

Utilities

Public Sewer – Connected: Yes
Water Connected: Yes

Sale Type

As Is: Yes

TransportationAccess

4 – Lane: Yes
Divided Highway: Yes
Paved: Yes

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.