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Cleared Corner Commercial Land
For Sale
$235,000
Pending

7735 N Hwy 231, Panama City, FL 32404

Land, Panama City, FL

Property SizeContact for details
Lot Size1.38 Acres
Days on Market1051

Property Features for 7735 N Hwy 231

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Variance Required, City, Commercial, Business
Subdivision [No Recorded Subdiv]
Directions From the intersection of Hwy 231 and Hwy 77 in Panama City, Travel North on 231 for 10 miles - property is on the west side of the highway
Standard status Pending
APN 05636-031-000
Lot size 1.38 Acres

Taxes and HOA fees

Tax Description 35 2S 13W -1.5- 158 BEG 1926.64' E & 200' SW OF NW COR SEC TH SW 200' W 300' NE 200'E 300' TO POB ORB 4382 P 519
Legal Description 35 2S 13W -1.5- 158 BEG 1926.64' E & 200' SW OF NW COR SEC TH SW 200' W 300' NE 200'E 300' TO POB ORB 4382 P 519

Utilities

Sewer type Public Sewer
Listing Agency: ERA Neubauer Real Estate Inc · ERA Real Estate
Listed By: Tom S Neubauer · License #0136841
Added: Oct 27, 2023 Changed: Aug 19 Last Checked: Sep 11 at 7:06AM
MLS# 749195

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 1.38-acre commercial land parcel occupies a corner at N Hwy 231 and Morningside Drive in Panama City. The site has been cleared and improved with added fill, creating a prepared development pad. Public sewer is available, and county GIS places the property at an elevation of 55–60 feet above sea level. FEMA maps do not identify the parcel as a flood hazard area.

The property is across from an intermodal distribution center and near a residential subdivision. Hwy 231 recorded traffic of 27,500 AADT in January 2020. The site is located 10 miles from the Hwy 231 and Hwy 77 intersection, with a planned enhancement project along Hwy 231. The offering is one of three adjoining parcels described as totaling 4.1 acres and 600 feet of combined frontage, subject to parcel availability.

Key Highlights

  • 1.38‑acre commercial land parcel at 7735 N Hwy 231, Panama City, FL 32404
  • Corner position at N Hwy 231 and Morningside Drive
  • Cleared site with added fill for a prepared development pad

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Auto Repair Shop Parking Lot & Garage Building Supply Plumbing Service Pharmacy Kitchen & Bath Showroom

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

43
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Commercial land - Cleared corner parcel with public sewer and direct positioning along a highway corridor near a residential subdivision.
Where is this commercial land located?
The property is located at 7735 N Hwy 231 Panama City, FL.
What is the asking price?
The asking price for this property is $235,000.
What are key features of this property?
This property features: 1.38‑acre commercial land parcel at 7735 N Hwy 231, Panama City, FL 32404; Corner position at N Hwy 231 and Morningside Drive; Cleared site with added fill for a prepared development pad
More about this property
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