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Residential Development Land with AG-2 Zoning
For Sale
$247,500
Pending

4402 HIGHWAY 2321, Panama City, FL 32404

Land, Panama City, FL

Property SizeContact for details
Lot Size8.00 Acres
Days on Market3138

Property Features for 4402 HIGHWAY 2321

General Information

Property type Land
Property subtype Other
Zoning description Agriculture
Subdivision No Named Subdivision
Elementary school Deer Point
Middle school Merritt Brown
High school Mosley
Directions From Panama City Mall, travel north on Hwy 231, turn left on Hwy 2321, property is located on the right, east and adjacent to Harlan Shope Road on Highway 2321.
Standard status Pending
APN 08671-000-000
Lot size 8.00 Acres

Taxes and HOA fees

Tax Year 2017
Tax Description 36 2S 14W & 01 3S 14W ORG LOTS 1,2,3 S OF BAY LESS PRCLS & LESS RD R/W TO CO IN ORIG LOT 1 ALSO S 30' OF W 122.32' OF SE1/4 LESS R/W TO SR 77A IN SEC 36 2S 14W 01 3S 14W ** COM AT THE NORTH LINE OF SEC 1 & SWLY R/W OF HWY 2321 TH W 529.49' FOR POB TH CONT W 1276.26' TH S 357.50 ' TH W 431'M/L TO WATERS EDGE TH SLY ALONG WATERS EDGE TO MCKITHENS BAYOU TH NLY ELY SLY ALONG WATERS EDGE OF BAYOU 3168'
Tax Annual Amount 3784
Legal Description 36 2S 14W & 01 3S 14W ORG LOTS 1,2,3 S OF BAY LESS PRCLS & LESS RD R/W TO CO IN ORIG LOT 1 ALSO S 30' OF W 122.32' OF SE1/4 LESS R/W TO SR 77A IN SEC 36 2S 14W 01 3S 14W ** COM AT THE NORTH LINE OF SEC 1 & SWLY R/W OF HWY 2321 TH W 529.49' FOR POB TH CONT W 1276.26' TH S 357.50 ' TH W 431'M/L TO WATERS EDGE TH SLY ALONG WATERS EDGE TO MCKITHENS BAYOU TH NLY ELY SLY ALONG WATERS EDGE OF BAYOU 3168'
Listing Agency: Counts Real Estate Group
Listed By: Charlie B Haas · License #3021473
Added: Feb 3, 2018 Changed: Sep 3 Last Checked: Sep 7 at 3:06PM
MLS# 667666

Copyright © 2026 Central Panhandle 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 8-acre land parcel (Site 6 on the property aerial) is offered as a residential development opportunity in unincorporated Bay County. The site is part of a fragmented parcel totaling 76.6 acres (Bay County Parcel Number 08671-000-000). Zoning is Agriculture/Timberland (AG-2).

The property is located at 4402 Highway 2321, Panama City, FL 32404, noted as being near the Deer Point Dam, east and adjacent to Harlan Shope Road along Highway 2321. 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 along the Highway 2321 corridor in the Deer Point Lake and North Bay area, ranging from 0.84 acres to 130 acres. Sites 6 (8 acres) and Site 7 (3.4 acres) can be purchased as a package totaling 11.4 acres for $450,000.

Key Highlights

  • 8‑acre residential development site (Site 6) near Deer Point Dam in the Deer Point Lake and North Bay area
  • Located east and adjacent to Harlan Shope Road on Highway 2321 in unincorporated Bay County
  • Zoned Agriculture/Timberland (AG‑2) in unincorporated Bay County

Property Analytics

Current Use

Residential land & home ...

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.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

25
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
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 - 8-acre residential development tract zoned AG-2 in unincorporated Bay County near Deer Point Dam off Highway 2321.
Where is this residential land & home lot located?
The property is located at 4402 HIGHWAY 2321 Panama City, FL.
What is the asking price?
The asking price for this property is $247,500.
What are key features of this property?
This property features: 8‑acre residential development site (Site 6) near Deer Point Dam in the Deer Point Lake and North Bay area; Located east and adjacent to Harlan Shope Road on Highway 2321 in unincorporated Bay County; Zoned Agriculture/Timberland (AG‑2) in unincorporated Bay County
More about this property
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