
Land for Sale in Panama City, Florida
W 231 Hwy, Panama City, FL 32405
323 RAW ACREAGE AVAILABLE - Discover an exceptional development opportunity with approximately 323 acres strategically located along Highway 231. Zoned commercial/agriculture and offering multiple access points from the highway, this expansive property provides flexibility for a variety of potential uses. Its highest and best use may be a thoughtfully planned single-family residential community, with ample space to create a neighborhood that balances convenience, privacy, and Northwest Florida's natural surroundings. Located just a few miles from the busier areas of town and within convenient driving distance of the area's beautiful beaches, this property offers the accessibility today's buyers want while maintaining plenty of room to grow. A rare opportunity for developers and investors seeking substantial acreage in the path of future growth. Buyer to verify zoning, land use, access, utilities, environmental conditions, and development potential.
Location
- Street address
- W 231 Hwy
- County
- Bay County
- Zip code
- 32405
- Elevation
- 60 feet
Directions
From Panama City, head North towards Hwy 231. Continue on Hwy 231 for approximately 13 miles. Look for Agents signage on the left near Johnny Lane. There are multiple access points from Hwy 231. Contact Listing Agent.
Property details
- Acreage
- 323 acres
- Zoning
- General Commercial, Agriculture
- MLS #
- BCAR 794189
- Posted
Parcels
- xxxxx-xxx-xxx
Legal description
Contact Listing Agent
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Aug 18, 2026 | New listing | $5,200,000 | — | BCAR |



























