Commercial Land for Sale in Panama City, Florida
5505 Shores Rd, Panama City, FL 32404
PRIME COMMERCIAL OPPORTUNITY-4.18 ACRES ON HIGHWAY 231. 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. BRING AN OFFER!
Location
- Street address
- 5505 Shores Rd
- County
- Bay County
- Elevation
- 49 feet
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.
Property details
- Acreage
- 4.18 acres
- MLS #
- BCAR 767026
- Posted
Parcels
- 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)
Details and features
Listing
- Type
- Commercial Sale
- Franchise
- Coldwell Banker Real Estate
Structure
- Sewer
- Public Sewer
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Nov 18, 2025 | Price drop | $1,250,000 | $150,000 -10.7% | BCAR |
| July 22, 2025 | Price drop | $1,400,000 | $100,000 -6.7% | BCAR |
| Jan 10, 2025 | New listing | $1,500,000 | — | BCAR |