7729 HWY 231, Panama City, FL 32404 (MLS# 705440)

7729 HWY 231, Panama City, FL 32404

$990,000

Property Type: Commercial Land Lot Size (sq. ft.): 522,720 Status: Pending

Current Price: $990,000 List Date: 9/23/2025 Last Modified: 4/07/2026

Overview

Description

12 acres with 273 feet on Hwy 231 and 396 feet on Penny Road adjacent to Morningside Subdivision and close to the Intermodel Distribution Center.

Listing Details MLS# 705440

Location, Tax & Legal

Street #: 7729
Street Name: HWY 231
State: FL
Zip Code: 32404
County: Bay
Area: 04 – Bay County – North
Subdivision: [No Recorded Subdiv]
Parcel ID: 05636-020-000
Legal Description: 35 2S 13W -1.2- 158 COM AT NW COR OF SEC 35 E 770.74' FOR POB TH CONT E 862.62' SWLY 600' E 300' SWLY 273.55' W 299.81' SWLY 199.98 TO N R/W PENNY RD W 336.76' TO E R/W BASS WARREN RD TH CONT W 60 TO THE W R/W OF BASS WARREN RD TH N 661.31' E 60' S 225.06 E 308.41' N 226.20' TO POB ORB 2596 P 2358
Sub Area: 0414 – Bay North – East Deerpoint/Bear Creek
Community/Resort: None
Waterfront: No
Section: 35
Township: 2S
Range: 13W
Elementary School: Tommy Smith
Middle School: Merritt Brown
High School: Mosley
Directions: From Hwy 77, North on 231 for 11 Miles to Penny Road. Site is located at the NW Corner Penny Road and Hwy 231
HOA Fee: No

Contract Info

List Price/Acre: 82500
Sub-Type: Land/Acres
List Type: Exclusive Right of Sale

General Property Info

Site Dimensions: 396x200x273x300x600x862x226x308x225x60x661
Acreage: 12
Lot Size (SqFt): 522720
Frontage Feet: 670
Is Subject Leased: No

Status Change Info

Under Contract Date: 2026-04-03

Remarks & Misc

Remarks: 12 acres with 273 feet on Hwy 231 and 396 feet on Penny Road adjacent to Morningside Subdivision and close to the Intermodel Distribution Center.

Financing

None: Yes

More Information

Lot Features

Corner Lot: Yes

Lot/Parcel Access

County Road: Yes
Paved Road: Yes
U.S. Highway: Yes

Present Zoning

Agriculture: Yes
County: Yes

Utilities

All Utilities: Yes
Electricity – Connected: Yes
Phone – Connected: Yes
Sewer Available: Yes
Water Connected: Yes
Water Available: Yes

TransportationAccess

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

Property Features

TransportationAccess: 4 – Lane; Divided Highway; Median Cut; Paved Financing: None Lot Features: Corner Lot Utilities: All Utilities; Electricity – Connected; Phone – Connected; Water Connected; Sewer Available; Water Available Present Zoning: Agriculture; County

Listing Office: ERA Neubauer Real Estate Inc

Last Updated: April – 07 – 2026

Information deemed reliable but not guaranteed.