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Land For Sale in Panama City, Florida

Find rural acreage, homesites, and recreational land near Panama City, Florida.

4.77 Vacant Commercial Acres in Panama City, FL in Bay County, FL4.77 Vacant Commercial Acres in Panama City, FL in Bay County, FL
4.77 Vacant Commercial Acres in Panama City, FL in Bay County, FL
4.77 Vacant Commercial Acres in Panama City, FL in Bay County, FL+21 Photos
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$2,300,000·4.77 Acres

4810 W Highway 98 · Bay County · FL

Amazing Development Opportunity is Ready for You! In a Prime Location, this 4.77 acre parcel zoned General Commercial 2, in the Gateway Overlay, is...

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One Third of a Vacant, Commercial Acre for sale in Panama City, FL in Bay County, FLOne Third of a Vacant, Commercial Acre for sale in Panama City, FL in Bay County, FL
One Third of a Vacant, Commercial Acre for sale in Panama City, FL in Bay County, FL
One Third of a Vacant, Commercial Acre for sale in Panama City, FL in Bay County, FL+15 Photos
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$155,000·0.3 Acres

14 W 11th Street · Bay County · FL

Perfect opportunity for new development with this . 298 acre corner lot at 93 x 140 ft! This lot is cleared and centrally located in the Downtown P...

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Panama City Land Market Overview

The Panama City land market in Bay County, Florida remains active, with 385 properties sold in the past 12 months generating $57.5M in total volume. Currently, 344 opportunities are available for buyers to explore. Fresh inventory keeps arriving, with 105 new listings added in just the last 90 days, ensuring buyers have plenty of options to choose from. Many sellers on LandyDandy offer owner financing across Florida; terms vary by listing. Can't find what you are looking for in Panama City, Florida? Check out these nearby areas: Panama City Beach, Mexico Beach, Fountain, Lynn Haven, and Youngstown.

Is Panama City Land a Good Investment?

The Panama City land market generated $57.5M in total sales volume over the last year, signaling strong liquidity. We have tracked 105 new listings entering the market in just the last 90 days. With a median asking price per acre of $187,508, for a typical 0.75-acre parcel, buyers should be prepared to act reasonably fast on quality deals. Currently, the most active brokerage moving land in this region is NEW ALLIANCE GROUP REALTY, a key player to watch for off-market or new inventory. Overall buying land in Panama City could be a great investment. Want to learn more about the Panama City market? Check out our Panama City Land Market Insights.

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