North Bay Waterfront Development
For Sale
$1,980,000
Pending
4402 HIGHWAY 2321, Panama City, FL 32404
46.5 acre waterfront land with development potential in Panama City.
Property SizeContact for details
Lot Size46.50 Acres
Days on Market2730
Property Features for 4402 HIGHWAY 2321
General Information
Standard status
Pending
Lot size
46.50 Acres
Property subtype
Land or Vacant Lot
Taxes and HOA fees
Annual Taxes
$3,784
Listing Agency:
COUNTS REAL ESTATE GROUP
(850) 248-3615
Listed By:
CHARLIE B HAAS · License #3021473
(850) 896-2240
Source:
Corcoran
Added: Mar 19, 2019
Changed: Aug 8
Last Checked: May 10 at 9:53PM
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 46.5-acre property presents an excellent residential waterfront development opportunity, featuring nearly 0.75 miles of pristine shoreline on North Bay and McKitchen's Bayou. The site, identified as Site 2 on the property aerial, is part of a larger fragmented parcel totaling 76.6 acres. Zoned Agriculture/Timberland (AG-2) in Unincorporated Bay County, the property would require annexation into the City of Lynn Haven for rezoning and access to municipal water and sewer. Additional vacant waterfront and interior land parcels ranging from 0.84 acres to 130 acres are available along the Highway 2321 corridor in the Deer Point Lake and North Bay area. The property is located west and adjacent to the Mill Bayou Residential Mixed-Use Development and the newly approved 97.8-acre Lynn Haven Bayou Park & Preserve. The property is located in Panama City, FL.
Key Highlights
- 46.5 Acre Waterfront Development Opportunity: Large parcel ideal for residential development.
- Extensive Shoreline: Almost 3/4 of a mile of pristine shoreline on North Bay and McKitchen's Bayou.
- Strategic Location: Adjacent to the Mill Bayou Residential Mixed Use Development in the North Bay area.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
22
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Waterfront Land - 46.5 acre waterfront land with development potential in Panama City.
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 $1,980,000.
What are key features of this property?
This property features: 46.5 Acre Waterfront Development Opportunity: Large parcel ideal for residential development.; Extensive Shoreline: Almost 3/4 of a mile of pristine shoreline on North Bay and McKitchen's Bayou.; Strategic Location: Adjacent to the Mill Bayou Residential Mixed Use Development in the North Bay area.
