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Lot/land
  • $1,250,000

    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

    High visibilityHigh traffic countsConvenient access
    PRIME COMMERCIAL OPPORTUNITY-4.18 ACRES ON THE CORNER OF HIGHWAY 231 AND SHORES RD! 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. CALL FOR TODAY FOR MORE INFORMATION ON THIS PRIME LOCATION!
    453 days
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    20
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    1
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    Zillow last checked: 7 hours ago

    Listing updated: January 29, 2026 at 01:04pm

    Listed by:

    Laura Hartzog 850-527-0325,

    Coldwell Banker Realty

    Source: CPAR,MLS#: 767026MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

      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
      • Utilities for property: Sewer 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: 1/1/2026
      • Cumulative days on market: 450 days
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,224/mo

        Price history

        Price history
        DateEventPrice
        9/5/2025Price change$1,250,000-10.7%
        Source: CPAR #767026 Report a problem
        7/22/2025Price change$1,400,000-6.7%
        Source: CPAR #767026 Report a problem
        1/9/2025Listed for sale$1,500,000
        Source: CPAR #767026 Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2024$897 +1.5%$48,638 +10%
        2023$884 +40%$44,216 +10%
        2022$631 $40,196
        2021-- --
        2020$439 +0.2%$36,542
        2019$438 $36,542 -5.8%
        2018$438 -14.4%$38,807
        2017$512 -1.6%$38,807 -0.5%
        2016$521 -6%$39,012
        2015$554 $39,012
        2014$554 $39,012 -9.4%
        2013-- $43,072
        2012-- $43,072 +0%
        2011-- $43,071
        2010-- $43,071 -11.9%
        2009-- $48,871

        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Cedar Grove

        Getting around

        3 / 100
        Car-Dependent
        0 / 100
        No Nearby Transit
        27 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

        Local experts in 32404

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