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Waterfront Residential Development Land
For Sale
$265,500
Pending

4402 HIGHWAY 2321, Panama City, FL 32404

Land, Panama City, FL

Property SizeContact for details
Lot Size6.60 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
View Lake
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 right, east and adjacent to Ira Hutchison Park and Public Boat Ramp, and west of Stoney Point Road on Highway 2321.
Standard status Pending
APN 08671-000-000
Lot size 6.60 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 features Lake
Water front 1
Listing Agency: Counts Real Estate Group
Listed By: Charlie B Haas · License #3021473
Added: Feb 3, 2018 Changed: Sep 3 Last Checked: Sep 7 at 1:06PM
MLS# 667662

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 a 6.6-acre residential waterfront land parcel identified as “Site 3” on the property aerial. The tract is located on Deer Point Lake and is part of a larger fragmented ownership that totals 76.6 acres, referenced under Bay County Parcel Number 08671-000-000.

The site is in unincorporated Bay County and is zoned Agriculture/Timberland (AG-2). The property is described as being near the Deer Point Dam, and it lies east and adjacent to Ira Hutchison Park and the public boat ramp. The public remarks note that rezoning and access to municipal water and sewer would require annexation into the City of Lynn Haven.

Additional vacant waterfront and interior parcels along the Highway 2321 corridor are mentioned in the remarks, with sizes ranging from 0.84 acres to 130 acres, within the Deer Point Lake and North Bay area.

Key Highlights

  • 6.6‑acre residential waterfront development site on Deer Point Lake
  • Near Deer Point Dam and east/adjacent to Ira Hutchison Park and the public boat ramp
  • Listed as Site 3 on the property aerial and part of a larger 76.6‑acre fragmented parcel (Bay County Parcel No. 08671‑000‑000)

Property Analytics

Current Use

Waterfront Land

Suggested Use

Top Pick HVAC Service Electrical Service Grocery & Convenience Store Food Market Cafe & Coffee Shop Department Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

16
Businesses Nearby

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Waterfront Land - 6.6-acre waterfront tract on Deer Point Lake, zoned AG-2 in unincorporated Bay County.
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 $265,500.
What are key features of this property?
This property features: 6.6‑acre residential waterfront development site on Deer Point Lake; Near Deer Point Dam and east/adjacent to Ira Hutchison Park and the public boat ramp; Listed as Site 3 on the property aerial and part of a larger 76.6‑acre fragmented parcel (Bay County Parcel No. 08671‑000‑000)
More about this property
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