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    806 Highway 20 Panama City, FL 32409

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    For Sale
    $2,900,000

    170 acres with pond, house, and improvements near Panama City.

    Property size:
    1,773 SF

    Property Features for 806 Highway 20

    General Information

    Standard status
    Active
    Size
    1,773 SF

    Building Details

    Year built
    2002

    Source: NAI TALCOR Agent ANDERSON J BROOKS

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Southport, FL Agricultural Land

    This property features approximately 170 acres of agricultural land in Southport, Florida, complete with a 60-acre spring-fed pond. Improvements include a 1,773-square-foot house with two bedrooms and two bathrooms, multiple docks, a 3,000-square-foot pole barn, and an extensive road system. The property is located 1.5 miles from Highway 77 and 30 minutes from the beaches of Panama City. The land is subdividable.
    Location Intelligence

    Current Use by Public Records

    Agricultural land

    Suggested Use

    Building Supply Electrical 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
    -85.6629854
    Latitude
    30.4232137

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    FAQs

    What type of property is this?
    Agricultural land - 170 acres with pond, house, and improvements near Panama City.
    Where is this agricultural land located?
    The property is located at 806 Highway 20 Panama City, FL.
    What is the asking price?
    The asking price for this property is $2,900,000.
    What are key features of this property?
    This property features: - 170-acre property featuring a stunning 60-acre spring-fed pond.; - Subdividable land offers development potential.; - Includes a 1,773sf 2bd/2ba house.
    Request Owner's contact information
    806 Highway 20 Panama City, FL 32409
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    Panama City, FL 32409
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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
    806 Highway 20 Panama City, FL 32409
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