
Mixed-Use Land for Sale in Panama City, Florida
Highway 231, Panama City, FL 32404
Opportunities like this don't come around often. This expansive +/-93-acre tract offers a rare chance to secure a large footprint along a well-traveled corridor with substantial frontage and outstanding visibility. With the majority of the property currently zoned for commercial use, the groundwork is in place for a wide range of potential development concepts, investment strategies, or long-term holds. The acreage stretches deep, providing flexibility for phased projects, mixed-use possibilities, or strategic land banking. Portions of the property may include low-lying areas or natural features, offering character and potential for creative site planning. Buyers are encouraged to conduct their own feasibility studies, surveys, and due diligence regarding zoning, wetlands, utilities, and intended use. Positioned near established residential pockets and growing activity, this location offers both accessibility and room to build something significant. Whether you're looking to expand your portfolio, develop at scale, or secure a prime piece of land in a path of growth, this is a tract that demands attention. Large acreage. Strong exposure. Serious potential.
Location
- Street address
- Highway 231
- County
- Bay County
- Elevation
- 51 feet
Directions
Traveling north on Hwy 231, property will be on the left approximately 5 miles passed 231/East Ave intersection.
Property details
- Acreage
- 93 acres
- MLS #
- BCAR 785492
- Posted
Parcels
- 05454-070-000
Legal description
24 2S 13W -1.7- 14.5A 157 BEG SE COR OF N1/2 OF NW1/4 OF SE1/4 TH W 430' N 660' E 635' SELY 685' SWLY 430' SELY 660' SWLY 255.2' ALG R/W NWLY 1070 ' E 146.2' TO POB ORB 318 P 393 LESS PCL ****AND***** BEG 1803 N & 356' SWLY OF SE COROF SEC TH CONT ON NW R/W HWY 231 430' 90 DEG RT 660' 90 DEG RT 430' 90 DEG RT 660' TO POB ORB 59 P 440 LESS SR R/W & LE ***AND*** SW1/
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Feb 19, 2026 | New listing | $1,500,000 | — | BCAR |








