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$990,000
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Property Description
12 acres with 273 feet on Hwy 231 and 396 feet on Penny Road adjacent to Morningside Subdivision and close to the Intermodel Distribution Center.
Full Property Details
Full Property Details for 7729 Hwy 231
General
- Price: $990,000
- Status: Active
- Type: Commercial Land
- Source: Bay_County
- MLS ID: 705440
- Updated: 12/2/2025
- Added to Site: 134 day(s) ago
Location
- County: Bay
- Subdivision: [No Recorded Subdiv]
- Driving Directions: From Hwy 77, North on 231 for 11 Miles to Penny Road. Site is located at the NW Corner Penny Road and Hwy 231
Community
- Community Name: 04 - Bay County - North
Utilities
- Utility Description: Sewer Available
Lot Features
- Lot Size (Acres): 12
- Lot Size (Sq. Ft.): 522,720
- Lot Size: 12
- Frontage: County Road, Highway, Paved
- Zoning: County, Agriculture
Disclosures and Reports
- Legal Description: 35 2S 13W -1.2- 158 COM AT NW COR OF SEC 35 E 770.74' FOR POB TH CONT E 862.62' SWLY 600' E 300' SWLY 273.55' W 299.81' SWLY 199.98 TO N R/W PENNY RD W 336.76' TO E R/W BASS WARREN RD TH CONT W 60 TO THE W R/W OF BASS WARREN RD TH N 661.31' E 60' S 225.06 E 308.41' N 226.20' TO POB ORB 2596 P 2358
- Property ID: 05636-020-000
Listed by ERA Neubauer Real Estate Inc
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Schools
Schools serving 7729 Hwy 231
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Tommy Smith Elementary School 5044 Tommy Smith Drive, Panama City, FL 32404 | PK-5 | 3.5 mi |
Merritt Brown Middle School 5044 Merritt Brown Way, Panama City, FL 32404 | 6-8 | 3.5 mi |
A. Crawford Mosley High School 501 Mosley Drive, Lynn Haven, FL 32444 | 9-12 | 8.7 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 7729 Hwy 231
Date
Details
Price
Change
Source
9/23/2025
Price Increased
$990,000
4.21%
MLS
5/31/2023
Price Increased
$950,000
26.67%
MLS
3/08/2022
Listed
$750,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 7729 Hwy 231
7729 Hwy 231, Panama City, FL 32404 (MLS# 705440) is a Commercial Land property with a lot size of 12 acres. 7729 Hwy 231 is currently listed for $990,000 and was received on September 23, 2025. Want to learn more about 7729 Hwy 231? 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.

