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Bay County 803

Discover a prime opportunity for development in Bay County, Florida.

Located just north of Panama City on U.S. Highway 231, the main artery connecting this burgeoning area of Florida’s panhandle to Interstate 10, the Bay County 803 tract offers the investor a variety of options on over 800 acres of real estate.

Bordered on the south by Panama City Port Authority property and by Highway 231 and the Bay Line Railroad on the north, the tract also features easy access to existing utilities, including a main power transmission line, lending itself to an industrial use, with the appropriate zoning change.

With a mitigation bank to the east limiting incompatible development, this property is easily envisioned as a high-end, large lot residential subdivision that could retain its rural charm.

Currently used for timber production and wildlife-based recreation, the tract continues the area’s history a...

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Directions

Drive 10.4 miles south on Hwy 231 from the intersection of Hwy 231 and Hwy 20. The subject property is on the Southeast side of the road.

Environmental Factors

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Source:First Street

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Listing last updated: August 28, 2026 at 9:33 AM
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