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  • Price$2,592,000
  • Acres25.00

Hwy 2321, Panama City

This is a 25+/- acre multi family apartment opportunity. The Deer Point multi family development is a fully entitled apartment site, that you can build 288 +/- units on, the project will consist of 25 acres +/- , with approximately 2,500 front feet on Hwy 2321. The project is part of the original Mill Bayou acreage, the project at this point consists of two schools, North Bay Haven Academy and Deer Point Elementary Scholl, 98 acres were deeded to The Trust for Public Land for a park and two different single-family developments are being developed at this time. Bay County suffered a Devastating Hurricane in October of 2018, the effect of the storm will increase the demand for muti-family housing for years to come in Bay County.

Essential Information

  • MLS® #680442
  • Price$2,592,000
  • Acres25.00
  • TypeCommercial Land
  • Sub-TypeApartments/Mult-family
  • StatusActive


  • UtilitiesAll Utilities, Community Sewer, Public Sewer, Public Water

School Information

  • Elementary1AMW2GMWTYQ6
  • Middle1AMYL07HNV56
  • High1AMYL08S5U04

Listing Details

  • Listing OfficeNAI TALCOR

Community Information

  • AddressHwy 2321
  • Area02 - Bay County - Central
  • SubdivisionNo Named Subdivision
  • CityPanama City
  • CountyBay
  • StateFL
  • Zip Code32404


  • Lot DescriptionAddl Land Available, Front Footage, Survey Available

Additional Information

  • Date ListedFebruary 18th, 2019
  • Days on Market147
  • ZoningMulti-Family
  • HOA$0
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DISCLAIMER: IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Source: Bay County Association Of REALTORS® Multiple Listing Service