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Land with Development Potential
For Sale
$799,000
Pending

31 W Baldwin Road, Panama City, FL 32405

Land with house suitable for commercial conversion or development.

Property SizeContact for details
Lot Size2.34 Acres
Days on Market390

Property Features for 31 W Baldwin Road

General Information

Standard status Pending
Lot size 2.34 Acres
Property subtype Land or Vacant Lot
Listing Agency: CENTRAL BAY REALTY AND PROPERTY MANAGEMENT LLC
Listed By: ROY FURST · License #3141793
Source: Corcoran
Added: Jul 31, 2025 Changed: Jul 6 Last Checked: Jul 23 at 9:06AM

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 CENTRAL BAY REALTY AND PROPERTY MANAGEMENT LLC

Investment Insights

Based on property information with market context.

This property is located on a busy main road between Harrison Avenue and Jenks on Baldwin Road. Half of the property has been cleared. A well-maintained, large house with 6 bedrooms and 4 bathrooms is located on the property and conveys. The property is in a prime location and could be annexed into the city with zoning changed to commercial. The existing house would be perfect for a doctor's office or converted to something else. All information should be verified.

Key Highlights

  • Prime location on Baldwin Rd between Harrison Ave and Jenks.
  • Potential for commercial zoning change and annexation into the city.
  • Well‑maintained 6‑bedroom, 4‑bath large house included.

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Law Firm Parking Lot & Garage Pharmacy Auto Parts Store Auto Repair Shop HVAC Service

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

445
Businesses Nearby
Under-served
Demand for This Use

Demographics for 32405, FL

28,158
Population
13,585
Households
2.1
Avg Household Size
40
Median Age
29%
College-Educated
92%
High-School Grad
18.8 sq mi
ZIP Area
1,498
Density / Sq Mi
$71,002
Median Household Income
$41,867
Median Earnings
$1,418
Median Rent
$255,100
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Forest Park Animal Hospital PA 2640 Jenks Ave, Panama City, FL 32405
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Land with house suitable for commercial conversion or development.
Where is this medical office space located?
The property is located at 31 W Baldwin Road Panama City, FL.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Prime location on Baldwin Rd between Harrison Ave and Jenks.; Potential for commercial zoning change and annexation into the city.; Well‑maintained 6‑bedroom, 4‑bath large house included.
More about this property
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