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25 1- Panama City, FL 32404

For Sale
$1,320,000

Unimproved Land - Panama City, FL

Type:Unimproved Land
Lot size:
264.25 Acres
Days on Market:
435
Last Refresh:
Dec 10 at 9:06 pm

Property Features for 25 1-

General Information

Property type
Land
Property subtype
Unimproved Land
Standard status
Active
Lot size
264.25 Acres

Utilities

Sewer type
None
Water source
None

Building Details

Architectural style
Other

Whitetail Properties Real Estate, LLC (217) 285-9000 [email protected]

Listing agent Tracy Colburn (217) 285-9000

Listing date Oct 2, 2024

MLS# 377455 Listing URL

Copyright © 2025 Tallahassee Board 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.


Overview

264 Acres Investment Opportunity

This is an approximately 264-acre property with about 1,600 feet of frontage on U.S. Highway 231. The buyer will need to acquire an easement over the railroad tracks. Currently zoned AG-2, the property allows one residence per 20 acres, but the new owner can petition to change the zoning to AG-1, which would allow for one residence per 10 acres. Located in Bay County, it is situated just 1/2 mile north of the main entrance to Port Panama City's Inter-modal Distribution Center (Commerce Boulevard). With a land use change to industrial and incorporation into Panama City limits, the property could be suitable as a commercial or industrial site. A new 250,000 sq. ft. FedEx distribution center is currently under construction. Rail service is available. The buyer would need to verify future land use with Bay County. Alternatively, the property could be used as a recreational getaway, with the potential to build a cabin and utilize the extensive trail network for ATV riding, hunting, and recreation. Measurements are estimates only.
Location Intelligence

Current Use by Public Records

Agricultural land

Map

City
Panama City
County
Walton
State
Florida
Longitude
-85.49700008
Latitude
30.29064745

FAQs

What type of property is this?
Land - 264 acres of land near Port Panama City.
Where is this land located?
The property is located at 25 1- Panama City, FL.
What is the asking price?
The asking price for this property is $1,320,000.
What are key features of this property?
This property features: - Prime location with frontage on U.S. Highway 231.; - Significant acreage: Approximately 264 acres for development or recreation.; - Zoning flexibility: Zoned AG-2 with potential to rezone to AG-1.
More about this property
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