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$1,250,000

  • For Sale
  • Active
  • Commercial Land
  • 4.18 Acres
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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. BRING AN OFFER!

Full Property Details for 5505 Shores Rd

General

  • Price: $1,250,000
  • Status: Active
  • Type: Commercial Land
  • Source: Bay_County
  • MLS ID: 767026
  • Updated: 1/1/2026
  • Added to Site: 18 day(s) ago

Location

  • County: Bay
  • Subdivision: [No Recorded Subdiv]
  • Driving Directions: AT THE LIGHT, THE INTERSECTION OF HWY 231 AND CHEROKEE LANDING HEADING SOUTH, MAKE YOUR FIRST RIGHT ONTO SHORES ROAD. PROPERTY IS THE TWO PARCELS LOCATED ON THE CORNER OF HWY 231 AND SHORES RD. LOOK FOR SIGN.

Community

  • Community Name: 04 - Bay County - North

Utilities

  • Sewer: Public Sewer
  • Utility Description: Sewer Available

Lot Features

  • Lot Size (Acres): 4.18
  • Lot Size (Sq. Ft.): 182,081
  • Lot Size: 4.18
  • Frontage: Highway, Paved
  • Zoning: Commercial

Disclosures and Reports

  • Special Conditions: Listed As-Is
  • Legal Description: 8 3S 13W -15.42- BEG 360' E 3618.47' S 1231.80' NELY FROM NW COR SEC TH CONT NELY200' N 506.45' SWLY 200' S 506.45' TO POB ORB 1366 P 738 ORB 1379 P 1342 MAP-128D ORB 4626 P 1023 (INCLUDES 2 PARCELS #05857-137-000 AND #05857-013-000)
  • Property ID: 05857-137-000
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.

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— 5505 Shores Rd —

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with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 5505 Shores Rd

School District:Bay County School District
NameGradesDistance
Deer Point Elementary School
4800 Highway 2321, Panama City, FL 32404
K-51.8 mi
Merritt Brown Middle School
5044 Merritt Brown Way, Panama City, FL 32404
6-80.4 mi
A. Crawford Mosley High School
501 Mosley Drive, Lynn Haven, FL 32444
9-125 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5505 Shores Rd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/05/2025
Price Reduced
$1,250,000
-10.71%
MLS
7/22/2025
Price Reduced
$1,400,000
-6.67%
MLS
12/27/2024
Listed
$1,500,000
466.04%
MLS
9/30/2021
Sold
$265,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 5505 Shores Rd

Year
Property Taxes
Change
Tax Assessment
Change
2024
$897
1%
$104,402
—
2023
$884
40%
$104,402
48%
2022
$631
45%
$70,530
93%
2021
$435
-1%
$36,542
—
2019
$438
-14%
$36,542
-6%
2018
$512
-2%
$38,807
—
2017
$521
-3%
$38,807
-1%
2016
$537
-3%
$39,012
—
2015
$554
—
$39,012
—
2014
$553
2%
$39,012
-9%
2013
$540
—
$43,072
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 5505 Shores Rd

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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5505 Shores Road, Panama City, FL 32404 (MLS# 767026) is a Commercial Land property with a lot size of 4.18 acres. 5505 Shores Road is currently listed for $1,250,000 and was received on January 01, 2026. This property is listed by Laura Hartzog from our Panama City Beach - Thomas Dr. Office.Want to learn more about 5505 Shores Road? Do you have questions about finding other Commercial Land real estate for sale in Panama City? You can browse all Panama City real estate or contact a Coldwell Banker agent to request more information.

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