Back 00 Highway 231
Off Market

00 Highway 231

Panama City FL 32404

3484800 sq. ft.
Land
Last sold for $2,931,399
Christopher McCallChristopher McCall, last sold this property on 25 June 2025 after 998 days on market.

Overview

Approximately 80 acres with +/- 3,700 feet fronting U.S. Highway 231. This property is currently zoned AG-1. Located in Bay County and just 1/2 mile north of the main entrance to Port Panama City's Intermodal Distribution Center. (Commerce Boulevard. With land use change to industrial and incorporation into Panama City limits, the property would make ideal commercial or industrial site and is located adjacent to the Intermodal Distribution Center. The new 250,000 sq. ft. FedEx distribution center is now under construction. Rail Service available. Measurements are estimates only.

Features

3484800 sq. ft. lot size
Land

Estimated Value

Based on this property and similar land plots sold in Panama City over the last 12 months, the estimated median property value of 00 Highway 231 is $55k.

Median value
$55k
Estimated value range
$16k - $2.93m
Median days on market
61
Estimated value trend
10%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Panama City. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 00 Highway 231

2025
Sold
$2,931,399
25 Jun 2025 by Christopher McCall, of Counts Real Estate Group Inc

Happy sellers in Panama City

93%
93% of sellers in Panama City reported that their sale price either exceeded or met their price expectations.

Panama City stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 14 reviews in Panama City over the last 12 months.

Local market activity for land plots in Panama City

In the last 12 months, 122 land plots similar to 00 Highway 231, have been sold.

This represents a 12% increase in land plots sales when compared to the previous 12 months.

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