2213 Highway 231 Panama City, FL 32405
Property profile & analytics
2213 Highway 231 Panama City, FL 32405
- Commercial land
- 1,290 SF
- 0.24 lot acres
Property ID
US18-5318687
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Commercial land
Property Details for 2213 Highway 231
- Year built
- 1960
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.24 lot acres
- Property size
- 1,290 SF
- Property type
- Commercial land
- APN
- 12674-001-000
- APU
- 12674001000
Description
This exceptional 10,500 square foot commercial property, situated on a 10,498 square foot lot at 2213 Highway 231 in Panama City, Florida (zip code 32405), presents a unique investment opportunity. Boasting 75 feet of premium frontage on a six-lane highway, this property benefits from significant traffic volume. The Florida Department of Transportation (FDOT) reported a traffic count of 32,500 vehicles in 2022, a number expected to be higher currently. It's important to note that eminent domain proceedings are underway, with FDOT acquiring a small portion of the front of the property to facilitate the expansion of Highway 231. This should be considered when evaluating the investment potential. The property is currently zoned C-3, offering flexibility for various commercial uses. The asking price for this strategically located parcel is $189,000. Given its high visibility and substantial traffic flow, this property represents a compelling opportunity despite the planned eminent domain action. Prospective buyers should conduct their own due diligence regarding the eminent domain impact and zoning regulations.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Panama City
- County
- Bay
- State
- Florida
- Longitude
- -85.6344
- Latitude
- 30.1944
- CBSA code
- 37460
- CBSA name
- PANAMA CITY-LYNN HAVEN, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,195
$60,900
$2,724
$63,624
-
$60,900
$2,724
$63,624
