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Waterfront Development Opportunity on North Bay
For Sale
$350,000
Pending

4402 HIGHWAY 2321, Panama City, FL 32404

3.5-acre commercial waterfront development opportunity on North Bay.

Property SizeContact for details
Lot Size3.50 Acres
Days on Market2701

Property Features for 4402 HIGHWAY 2321

General Information

Standard status Pending
Lot size 3.50 Acres
Property subtype Land or Vacant Lot
Listing Agency: COUNTS REAL ESTATE GROUP
Listed By: CHARLIE B HAAS · License #3021473
Source: Corcoran
Added: Mar 20, 2019 Changed: Aug 8 Last Checked: May 11 at 12:53AM

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 a 3.5-acre commercial waterfront development opportunity located on North Bay at the foot of the Deer Point Dam. The site, noted as Site 2A on the property aerial, is part of a fragmented parcel consisting of 76.6 acres. Currently, a Bait Shop is located on the site, which is to be carved out of the current parcel, with the final size and dimensions to be determined. 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

  • 3.5 Acre Commercial Waterfront Development Opportunity
  • Located on North Bay at the foot of Deer Point Dam
  • Part of a larger fragmented parcel of 76.6 acres

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 - 3.5-acre commercial waterfront development opportunity on North Bay.
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 $350,000.
What are key features of this property?
This property features: 3.5 Acre Commercial Waterfront Development Opportunity; Located on North Bay at the foot of Deer Point Dam; Part of a larger fragmented parcel of 76.6 acres
More about this property
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