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High-and-Dry Residential Development Land
For Sale
$555,000

4231 Highway 389, Panama City, FL 32405

Zoned R-1, this high-and-dry parcel includes conceptual plans for a 16-lot single-family subdivision.

Property SizeContact for details
Lot Size4.71 Acres
Days on Market189

Property Features for 4231 Highway 389

General Information

Standard status Active
Lot size 4.71 Acres
Property subtype Land
Zoning R-1
Listing Agency: Legacy Premier Agency
Listed By: Raul Hernandez
Source: Exprealty
Added: Feb 19 Changed: Aug 8 Last Checked: Jul 20 at 1:52PM

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 Legacy Premier Agency

Investment Insights

Based on property information with market context.

Rare development opportunity within the city limits of Lynn Haven: a high-and-dry 4.71-acre residential parcel zoned R-1 (Single-Family Residential). The property includes conceptual plans for a 16-lot single-family subdivision, which can be finalized to align with a buyer’s specific vision.

The site is surrounded by newly constructed subdivisions and is described as conveniently located near schools, dining, and shopping. This combination of zoning, layout planning, and build-ready sizing supports a straightforward path for residential development planning and advancement.

As presented, the tract is positioned for builders and developers seeking a larger single-family opportunity with conceptual subdivision documentation already developed for up to 16 homes.

Key Highlights

  • 4.71‑acre high‑and‑dry parcel within the city limits of Lynn Haven
  • Zoned R‑1 (single‑family residential)
  • Includes conceptual plans for a 16‑lot single‑family subdivision

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Restaurant Real Estate Agency Auto Repair Shop Building Supply Law Firm Hair Salon

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

140
Businesses Nearby

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Zoned R-1, this high-and-dry parcel includes conceptual plans for a 16-lot single-family subdivision.
Where is this residential land & home lot located?
The property is located at 4231 Highway 389 Panama City, FL.
What is the asking price?
The asking price for this property is $555,000.
What are key features of this property?
This property features: 4.71‑acre high‑and‑dry parcel within the city limits of Lynn Haven; Zoned R‑1 (single‑family residential); Includes conceptual plans for a 16‑lot single‑family subdivision
More about this property
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