Skip to main contentSkip to navigation
1 / 3

Improved Residential Land for Sale in Panama City, Florida

4402 Highway 2321, Panama City, FL 32404

$350,000
3.5 acres
Pending sale
Under contract

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.

2,219
Sq feet
1965
Built

Location

Street address
4402 Highway 2321
Zip code
32404
Elevation
20 feet
Coordinates
30.2662, -85.6042

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.

Property details

Acreage
3.5 acres
Zoning
Agriculture
MLS #
BCAR 667661
Posted

Parcels

  • 08671-000-000

Legal description

Details and features

Listing

Type
Residential

Lot

Waterfront
Yes

Nearby schools

NameType
Deer PointElementary
Merritt BrownMiddle
MosleyHigh

Listing history

DateEventPriceChangeSource
July 9, 2026New listing$350,000BCAR
Subscribe to listing updates

Payment calculator

This 3.5-acre property is located at 4402 Highway 2321 in Panama City, FL 32404. The property is pending sale. It has a 2,219 square foot structure built in 1965.

Listed by Counts Real Estate Group, (850) 249-3615

Checked 1 hour agoUpdated

Report listing issue

Copyright © 2026 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Contact listing agent Rules
By submitting, I agree to the terms of use and to be contacted by real estate professionals. Message and data rates may apply.
Contact