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Waterfront Development Opportunity on Deer
For Sale
$265,500
Pending

4402 HIGHWAY 2321, Panama City, FL 32404

6.6 acre residential waterfront development opportunity on Deer Point Lake.

Property SizeContact for details
Lot Size6.60 Acres
Days on Market2729

Property Features for 4402 HIGHWAY 2321

General Information

Standard status Pending
Lot size 6.60 Acres
Property subtype Land or Vacant Lot

Taxes and HOA fees

Annual Taxes $3,784
Listing Agency: COUNTS REAL ESTATE GROUP
Listed By: CHARLIE B HAAS · License #3021473
Source: Corcoran
Added: Mar 20, 2019 Changed: Aug 26 Last Checked: Aug 14 at 6:02AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of COUNTS REAL ESTATE GROUP

Investment Insights

Based on property information with market context.

This is an excellent 6.6-acre residential waterfront development opportunity located on Deer Point Lake, near the Deer Point Dam. The property is east and adjacent to the Ira Hutchison Park and Public Boat Ramp. It is identified as Site 3 on the property aerial and is part of a fragmented parcel consisting of 76.6 acres. The property is zoned Agriculture/Timberland (AG-2) in Unincorporated Bay County. Rezoning and access to municipal water and sewer would require annexation into the City of Lynn Haven. Additional vacant waterfront and interior land parcels are available, ranging from 0.84 acres to 130 acres along the Highway 2321 corridor in the Deer Point Lake and North Bay area.

Key Highlights

  • 6.6 acre waterfront property on Deer Point Lake
  • Development opportunity
  • Adjacent to Ira Hutchison Park and public boat ramp

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

22
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 residential waterfront development opportunity on Deer Point Lake.
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 waterfront property on Deer Point Lake; Development opportunity; Adjacent to Ira Hutchison Park and public boat ramp
More about this property
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