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Fountain, FL Land Opportunity
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20820 Highway 231, Fountain, FL 32438

Land, Fountain, FL

Property SizeContact for details
Lot Size0.74 Acres
Days on Market221

Property Features for 20820 Highway 231

General Information

Property type Land
Property subtype Other
Zoning Mobile Home, Resid Single
Subdivision FLA HWY ESTS S PARK
Lot features Interior, Wooded
Elementary school Waller
Middle school Merritt Brown
High school Deane Bozeman
Directions From Panama City go North on Hwy 231 in Fountain. Lot on on the right after Mockingbird Ln
Standard status Active
APN 00093-000-000
Lot size 0.74 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description FLA HWY ESTS S PARK SEC 216B LOTS 35 & 36 BLK 4 ORB 4710 P 1875
Tax Annual Amount 47
Legal Description FLA HWY ESTS S PARK SEC 216B LOTS 35 & 36 BLK 4 ORB 4710 P 1875
Listing Agency: EXP Realty LLC
Listed By: Christopher S Roberts · License #3387172
Added: Feb 2 Changed: Sep 5 Last Checked: Sep 11 at 4:06AM
MLS# 994412

Copyright © 2026 Emerald Coast 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 0.74 acre property in Fountain, FL, consists of two lots that can be split or kept together for two homes. Situated off Highway 231, the location provides a direct commute to central Panama City and Panama City Beach. The property offers ample space for outdoor activities. Power is available at the road, while septic and well systems are needed. Owner financing is available with 50% down.

Key Highlights

  • Large 0.74 acre lot offers ample space.
  • Potential to build two homes (consists of 2 lots).
  • Convenient commute to Panama City and Panama City Beach via Highway 231.

Property Analytics

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Current Use

Residential land & home ...

Suggested Use

Top Pick Building Supply Storage Facility Garden Center Discount 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

10
Businesses Nearby

Demographics for 32438, FL

4,363
Population
2,232
Households
2
Avg Household Size
42
Median Age
12%
College-Educated
80%
High-School Grad
56.8 sq mi
ZIP Area
77
Density / Sq Mi
$42,417
Median Household Income
$28,701
Median Earnings
$725
Median Rent
$127,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - 0.74 acre lot near Highway 231 in Fountain, FL.
Where is this residential land & home lot located?
The property is located at 20820 Highway 231 Fountain, FL.
What are key features of this property?
This property features: Large 0.74 acre lot offers ample space.; Potential to build two homes (consists of 2 lots).; Convenient commute to Panama City and Panama City Beach via Highway 231.
More about this property
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