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Harrison Lilly Team

Owner/Operator | Harrison Lilly Emerald Coast | Harrison Lilly Realty | PLACE

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4501 Transmitter Rd , Panama City, FL 32404
$2,900,000
Est. Payment: $16,022.08/mo
41.5 Acres
Status: Active | Days on site: 34
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By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from Harrison Lilly Team, its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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Harrison Lilly Team
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House Description

RARE DEVELOPMENT OPPORTUNITY to acquire approximately 41.5 acres within the Lynn Haven municipality with approximately 960 feet of frontage along Transmitter Road. This property is conveniently located near Highway 231 and Highway 390 and surrounded by residential growth, established neighborhoods, schools, recreational parks, shopping, dining, and other amenities. Water, sewer, and electric utilities are available in the area with fire hydrants nearby. Formerly used as a church campus, the property currently has a Future Land Use designation of P/I (Public/Institutional). Potential may exist to pursue a Future Land Use and/or zoning change for Low Density Residential or Medium Density Residential development (subject to governmental review and approval). Existing improvements include asphalt drives and large parking areas. With substantial acreage, road frontage, nearby utilities, and a convenient location, this property offers a great opportunity for future use or development. Call today for more information!
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Highlights

Listed by Kelli White Garrett , 850-819-6423 CENTURY 21 Commander Realty , 850-769-8326. Bay County Association of REALTORS

Property Type

Vacant Land
Lot/Acreage
41.5

County

Bay

Area

02 - Bay County - Central

 Neighborhood

St. Andrews Bay Dev. Co.

Listing ID

794968

Questions about this listing?

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Interior Features

Exterior Features

Zoning:Other - See Remarks
Principal Interest
$16,022
Taxes
$1,849

Home Price

$2,900,000

Loan Details

30 yrs
7.374%

Down Payment

20%
$580,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$16,022.08

Principal

Taxes

Principal Taxes HOA Total
Monthly $16,022.08 $1,848.75 $0.00 $17,870.83
Yearly $192,264.99 $22,185.00 $0.00 $214,449.99
Total $5,767,949.62 $665,550.00 $0.00 $6,433,499.62

Today's Rates

30 Year

7.37%

20 Year

7.27%

15 Year

6.8%

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Market insight data is pulled from the same city as the listing being viewed (Panama City, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bay County Association of REALTORS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-10-07T14:28:03.000Z

© 2026 Bay County Association of REALTORS