Land for Sale in Panama City, Florida
4402 Highway 2321, Panama City, FL 32404
Excellent 46.5 Acre Residential North Bay Waterfront Development Opportunity with almost 3/4 of a mile of pristine shoreline on North Bay and McKitchen's Bayou. This site is noted as Site 2 on the property aerial and part of a fragmented parcel consisting of 76.6 acres (Bay County Parcel Number 08671-000-000). 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. This property is west and adjacent to the Mill Bayou Residential Mixed Use Development and the new approved 97.8 acre Lynn Haven Bayou Park & Preserve.
Location
- Street address
- 4402 Highway 2321
- County
- Bay County
- Zip code
- 32404
- Elevation
- 30 feet
Directions
From Panama City Mall, travel north on Hwy 231, turn left on Hwy 2321, property is located on the left from just past the unpaved portion of Harlan Shope Road to the Deer Point Dam. Site is accessable via the unpaved portion of Harlan Shope Road or Little Dirt Road.
Property details
- Acreage
- 46.5 acres
- Zoning
- Agriculture
- MLS #
- BCAR 667659
- Posted
Parcels
- 08671-000-000
Legal description
36 2S 14W & 01 3S 14W ORG LOTS 1,2,3 S OF BAY LESS PRCLS & LESS RD R/W TO CO IN ORIG LOT 1 ALSO S 30' OF W 122.32' OF SE1/4 LESS R/W TO SR 77A IN SEC 36 2S 14W 01 3S 14W ** COM AT THE NORTH LINE OF SEC 1 & SWLY R/W OF HWY 2321 TH W 529.49' FOR POB TH CONT W 1276.26' TH S 357.50 ' TH W 431'M/L TO WATERS EDGE TH SLY ALONG WATERS EDGE TO MCKITHENS BAYOU TH NLY ELY SLY ALONG WATERS EDGE OF BAYOU 3168'
Details and features
Listing
- Type
- Land
Lot
- Waterfront
- Yes
Nearby schools
| Name | Type |
|---|---|
| Deer Point | Elementary |
| Merritt Brown | Middle |
| Mosley | High |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| July 9, 2026 | New listing | $1,980,000 | — | BCAR |