803 Tbd Hwy Panama City, FL 32404
- Land
- 803.00 lot acres
Current Use by Public Records
- Land
Property Details for 803 Tbd Hwy
- Lot size
- 803.00 lot acres
- Property type
- Land
Description
This exceptional 803-acre property in Bay County, Florida, presents a unique investment opportunity. Located near Panama City on Highway 231, this expansive land boasts convenient access via a well-maintained road system. Zoned Ag-1, the property is ideal for hunting and recreational activities, as well as timber management. The asking price is $3,900,000, translating to $4,857 per acre. The land's strategic location offers proximity to Panama City's thriving commercial market, providing significant potential for future development or continued use as a productive timberland investment. Two APNs are associated with the property: 03861-000-000 and 03841-000-000. The property's size and location make it a rare find in the Florida market, offering a blend of recreational and investment potential. Direct highway access ensures easy transportation of timber and convenient access for recreational users. This is a turnkey investment ready for immediate use or future development. The property is offered as an investment opportunity. The address is listed as Bay County 803, TBD Highway 231, Panama City, FL 32404.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Panama City
- County
- Bay
- State
- Florida
- Longitude
- -85.4817
- Latitude
- 30.2879
