Residential Waterfront Development
For Sale
$1,980,000
Pending
4402 HIGHWAY 2321, Panama City, FL 32404
Land, Panama City, FL
Property SizeContact for details
Lot Size46.50 Acres
Days on Market3138
Property Features for 4402 HIGHWAY 2321
General Information
Property type
Land
Property subtype
Other
Zoning description
Agriculture
Subdivision
No Named Subdivision
Elementary school
Deer Point
Middle school
Merritt Brown
High school
Mosley
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.
Standard status
Pending
APN
08671-000-000
Lot size
46.50 Acres
Taxes and HOA fees
Tax Year
2017
Tax 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'
Tax Annual Amount
3784
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'
Utilities
Water front
1
Listing Agency:
Counts Real Estate Group
(850) 248-3615
Listed By:
Charlie B Haas · License #3021473
(850) 896-2240
Added: Feb 3, 2018
Changed: Sep 3
Last Checked: Sep 7 at 1:06PM
MLS# 667659
Copyright © 2026 Central Panhandle Association 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.
Investment Insights
Based on property information with market context.
This offering is Site 2 on a larger fragmented parcel, presenting a 46.5-acre residential waterfront development tract with nearly three-quarters of a mile of shoreline on North Bay and McKitchen's Bayou. The property is described as containing waterfront and interior land suited to prospective residential development planning.
The land is located at 4402 Highway 2321 in Panama City, Florida, in unincorporated Bay County. It is zoned Agriculture/Timberland (AG-2), and the provided remarks note that rezoning and access to municipal water and sewer would require annexation into the City of Lynn Haven.
The site is west and adjacent to the Mill Bayou Residential Mixed Use Development and the new approved 97.8-acre Lynn Haven Bayou Park & Preserve. Additional vacant waterfront and interior land parcels are also available along the Highway 2321 corridor in the Deer Point Lake and North Bay area, with sizes ranging from 0.84 acres to 130 acres.
The land is located at 4402 Highway 2321 in Panama City, Florida, in unincorporated Bay County. It is zoned Agriculture/Timberland (AG-2), and the provided remarks note that rezoning and access to municipal water and sewer would require annexation into the City of Lynn Haven.
The site is west and adjacent to the Mill Bayou Residential Mixed Use Development and the new approved 97.8-acre Lynn Haven Bayou Park & Preserve. Additional vacant waterfront and interior land parcels are also available along the Highway 2321 corridor in the Deer Point Lake and North Bay area, with sizes ranging from 0.84 acres to 130 acres.
Key Highlights
- 46.5‑acre residential North Bay waterfront development site with nearly 3/4‑mile of shoreline on North Bay and McKitchen's Bayou
- Fragmented parcel includes 76.6 acres (Bay County Parcel No. 08671‑000‑000)
- Zoned Agriculture/Timberland (AG‑2) in unincorporated Bay County
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
16
Businesses Nearby
Explore this area
Business Placement
Demographics for 32404, FL
38,186
Population
18,053
Households
2.1
Avg Household Size
40
Median Age
21%
College-Educated
87%
High-School Grad
135.1 sq mi
ZIP Area
283
Density / Sq Mi
$72,208
Median Household Income
$38,701
Median Earnings
$1,355
Median Rent
$239,700
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Waterfront Land - 46.5-acre north bay waterfront tract with nearly three-quarters of a mile of shoreline on North Bay and McKitchen's Bayou.
Where is this waterfront land located?
The property is located at 4402 HIGHWAY 2321 Panama City, FL.
What is the asking price?
The asking price for this property is $1,980,000.
What are key features of this property?
This property features: 46.5‑acre residential North Bay waterfront development site with nearly 3/4‑mile of shoreline on North Bay and McKitchen's Bayou; Fragmented parcel includes 76.6 acres (Bay County Parcel No. 08671‑000‑000); Zoned Agriculture/Timberland (AG‑2) in unincorporated Bay County
