PRIME COMMERCIAL OPPORTUNITY-4.18 ACRES ON HIGHWAY 231. Don't miss this rare opportunity to own a highly visible 4.18-acre corner parcel on bustling Highway 231, just north of Highway 390, a key gateway corridor into Lynn Haven, Panama City and Panama City Beach, Florida. Situated just south of the Cherokee Heights Road intersection and minutes from the new Publix shopping center, this property offers unmatched exposure in one of the region's fastest growing areas. With high traffic counts, convenient access, and proximity to established and new residential communities, this site is ideal for a variety of commercial developments- restaurant, medical or professional office space, retail center, or storage units- you name it! Its strategic location captures consistent flow from both locals and tourists traveling to the 'World's Most Beautiful Beaches' via Highway 231, making it a smart investment for businesses seeking high visibility and growth potential. Two parcel numbers are included 05857-013-000 and 05857-137-000.
Lot/land
Price cut: $100K (7/22)
$1,400,000
5505 Shores Rd, Panama City, FL 32404
--beds
--baths
4.18Acres
Unimproved Land
Built in ----
4.18 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Corner parcel
- 213 days
- on Zillow |
- 22 |
- 2 |
Zillow last checked: 7 hours ago
Listing updated: July 22, 2025 at 12:05pm
Listed by:
Laura Hartzog 850-527-0325,
Coldwell Banker Realty
Source: CPAR,MLS#: 767026
Originating MLS: Central Panhandle Association of REALTORS

Travel times
Facts & features
Property
Lot
- Size: 4.18 Acres
Details
- Parcel number: 05857137000
- Zoning description: Commercial
- Special conditions: Listed As-Is
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Available, Water Available
Community & HOA
Community
- Subdivision: [No Recorded Subdiv]
HOA
- Has HOA: No
Location
- Region: Panama City
Financial & listing details
- Tax assessed value: $104,402
- Annual tax amount: $897
- Date on market: 12/27/2024
- Listing terms: Cash,Conventional
- Lease term: Other
- Road surface type: Paved
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