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    5505 Shores Rd Panama City, FL 32404

    For Sale
    $1,250,000

    COMMERCIAL - Panama City, FL

    Lot size:
    4.18 Acres
    Days on Market:
    31
    Last Refresh:
    Dec 14 at 8:06 pm

    Property Features for 5505 Shores Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    05857-137-000
    Lot size
    4.18 Acres

    Utilities

    Sewer type
    Public Sewer

    Coldwell Banker Realty (850) 814-0037 [email protected]

    Listing agent Laura Hartzog (850) 234-6696 License #3219905

    Listing date Nov 14, 2025

    MLS# 767026 Listing URL

    Copyright © 2025 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.

    Overview

    Prime Commercial Land Opportunity

    This commercial property features 4.18 acres on Highway 231, situated north of Highway 390. The location provides access to Lynn Haven, Panama City, and Panama City Beach, Florida. Located south of the Cherokee Heights Road intersection and near a new Publix shopping center, the property offers exposure in a growing area. The site is suitable for various commercial developments, including a restaurant, medical or professional office space, retail center, or storage units. Its location captures traffic from locals and tourists traveling to beaches via Highway 231. The property includes two parcel numbers: 05857-013-000 and 05857-137-000.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Wholesale Shop Auto Parts Store Accounting Firm HVAC Service Storage Facility Convenience Store Travel Agency Plumbing Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Panama City
    County
    Walton
    State
    Florida
    Longitude
    -85.568903
    Latitude
    30.241026

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    FAQs

    What type of property is this?
    Commercial land - 4.18 acres on Highway 231, high visibility.
    Where is this commercial land located?
    The property is located at 5505 Shores Rd Panama City, FL.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: - 4.18-acre corner parcel on Highway 231.; - High visibility location north of Highway 390, a key gateway to Lynn Haven, Panama City, and Panama City Beach.; - Proximity to the new Publix shopping center.
    (850) 234-6696
    Request Owner's contact information
    5505 Shores Rd Panama City, FL 32404
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5505 Shores Rd Panama City, FL 32404
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