$725,000
SOLD FEB 19, 2025
264.3 Acres
$2,743 Price per Acre
11,512,910 Sq Ft Lot

Recently Sold

45% Below List Price

135 Days on Market

About This Lot

As of February 2025

AMAZING HUNTING PROPERTY OR INVESTMENT OPPORTUNITY!!! Oh, the grand opportunities on this amazing large piece of property. Here you are just a few miles north of Panama City located right on the major fairway of HWY 231. Approximately 264 acres with +/- 1,600 feet fronting U.S. Highway 231, (the buyer will need to acquire an easement over the railroad tracks). This property is currently zoned AG-2, which allows 1 residence per 20 acres, but the new owner can petition to change zoning to AG-1 which would allow for 1 residence per 10 acres. Located in Bay County and just 1/2 mile north of the main entrance to Port Panama City's Inter-modal Distribution Center. (Commerce Boulevard) With land use changed to industrial and incorporation into Panama City limits, the property would make an ideal commercial or industrial site. The new 250,000 sq. ft. FedEx distribution center is now under construction, just a short distance away. Rail Service available. The buyer would need to verify with Bay County to determine future land use. Measurements are estimates only. Or just use this property as a recreational getaway, build a cabin or your dream home, and use the extensive trail network to ride ATVs, hunt, and play on your land paradise right outside Panama City Limits. There is an amazing amount of deer and turkey populations in this part of the county. The land has been cleared along the ridgetops to provide excellent places to build your dream home or fashion in those pristine food plots. There are some wetlands in the bottom to hold game such as that buck you will be chasing in the winter or the gobbler in the spring. This property is a blank canvas, and with a little dozer work and some green field productions, this sweet spot right outside of town would be an ideal hunting retreat!

Last Agent to Sell the Property

Tracy Colburn

Whitetail Properties Real Estate LLC Listed on: 09/20/2024

Whitetail Properties Real Estate LLC

Last Buyer's Agent

Non-Member Agent

Non-Member Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $934

Additional Features

  • 264.3 Acre Lot
  • Property is near public transit

Property Details

Property Type

Land

Est. Annual Taxes

$934

Lot Details

0

Listing Details

  • Directions To Property: Head North on 231 out of Panama City about 7 miles and the property is on the right.
  • HamletID: 0
  • LandRentAmount: 0
  • Lot Size Acres: 264.30
  • NearTrain: Yes
  • Number Of Stories: 0
  • PercentageOfTaxThatIsDeductable: 0
  • PropertyCity: Panama City
  • PropertyTownship: Panama City
  • Prop. Type: Vacant Land
  • Renovation Year: 0
  • SForSaleAndRForRental: S
  • USStateAbbreviation: FL
  • Special Features: None
  • Property Sub Type: LotsLands
  • Stories: 0

Interior Features

  • Fireplaces: 0
  • AboveArea Sq Ft: 0

Garage/Parking

  • AttachedParking: 0
  • Numberof Garage Spaces: 0

Condo/Co-op/Association

  • HOA Fees: 0
  • Units in Building: 0

Lot Info

  • Number Of Lots: 1

Multi Family

  • Unit Number of Bedrooms: 0
  • Total Taxes: 934

Tax Info

  • Tax Year: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2024
Closed on
Feb 19, 2025
Sold by
Leigh Robert T
Bought by
Elite Edge Management Llc
Seller's Agent
Tracy Colburn
Whitetail Properties Real Estate LLC
Buyer's Agent
Non-Member Agent
Non-Member Office
List Price
$1,320,000
Sold Price
$725,000
Premium/Discount to List
-$595,000
-45.08%
Views
7
Current Estimated Value
$754,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,000
Avg. Annual Appreciation
5.02%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $725,000 Mti Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/19/2025 02/19/25 Sold $725,000 -45.1% --
02/02/2025 02/02/25 Pending -- -- --
09/20/2024 09/20/24 For Sale $1,320,000 -- --
Source: NY State MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $933 $71,832 -- --
2023 $933 $74,516 $74,516 $0
2022 $857 $74,212 $0 $0
2021 $888 $74,700 $74,700 $0
2020 $909 $75,676 $75,676 $0
2019 $922 $76,896 $76,896 $0
2018 $936 $76,896 $0 $0
2017 $877 $70,796 $0 $0
2016 $902 $70,796 $0 $0
2015 $1,023 $77,628 $0 $0
2014 $826 $62,744 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NY State MLS

MLS Number: 11405824

NY State MLS

APN: 05467-005-000