$3,750,000
Panama City, FL 32404
MLS# 729404
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Property Description
Zoning is 2 units per acre. This serene piece of pristine coastline covers 167 acres in Panama City, Florida, with its approx. 7200 ft (1.3 miles) of shoreline on the Intercoastal Waterway. Located a leisurely boat ride away from the Gulf of Mexico, in the East Bay area, this tract of land is ideal for a waterfront community. This amazing parcel of land is one of the best and most stunning pieces of land with deep water accessibility left in Panama City, Florida with huge potential for development. There are engineering and feasibility studies completed in the past and this property could have 173 up to 232 lots per these studies. There is a complete packet of information on file, along with survey, wetland delineations, and lots of photos.
Details
Maps
Contract Info
Status: Active
List Date: 2022-07-05
List Price: $3,750,000
Current Price: $3,750,000
List Price/Acre: 22455.09
Location
Street #: 00
Street Name: Allanton
Street Suffix: Road
Area: 05 - Bay County - East
State: FL
Zip Code: 32404
County: Bay
Sub Area: 0516 - Bay East - Sandy Creek/East Callaway Heights
Subdivision: No Named Subdivision
Community/Resort: None
Waterfront: Yes
Parcel ID: 04062-000-000
Elementary School: Callaway
Middle School: Everitt
High School: Rutherford
Directions: From Tyndall Parkway, go east on Hwy. 22 approx. 9 miles, then right on Hwy. 2297, follow approx. 12 miles to Allanton Road. Follow to where road makes a 90 degree turn. Property starts at the water's edge and goes approx. 9/10 mile up the road.
Legal Description: Property includes 3 parcels: 04062-000-000, 04061-000-000, and 03996-010-000. 21 5S 12W - complete legal attached in documents.
General Property Info
Sub-Type: Vacant Land
Lot Dimensions: irregular
Acreage: 167
Lot Size (SqFt): 7274520
Beach Frontage: 7188
Waterfront Feature
Waterfront Feet: 7188
Property Features
Farm Info: Wooded
Financing: Cash; Conventional
Lot Access: County Road; Dirt/Clay Road; Graded/Maintained
Lot Features: Addl Land Available; Survey Available; Waterfront; Wetlands; Wooded
Sale Type: As Is
Utilities: Electricity - Connected; Private Well - Needed; Septic - Needed
Waterfront Type: Bay/Harbor; Intracoastal Waterway
Waterfront Feature: Shore - Beach; Shore - Natural
Waterview: Bay; Intercoastal Waterwy
Present Zoning: County
Listing Office: Coastal Choice Realty LLC
Last Updated: June - 16 - 2025
Information deemed reliable but not guaranteed.