$2,000,000
Panama City Beach, FL 32407
MLS# 779480
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Property Description
Gorgeous +/-4.4 acre secluded property on West Bay. Located at the east-end of Moonlight Bay Drive, which dead-ends into the property. It is known as the 'Oak Grove' as the property has several large oak trees. West Bay on the north side with expansive views across the Bay and a bayou on the south side. Zoned Planned Unit Development (P.U.D.) within the City of Panama City Beach. We believe the highest and best use is single-family residential development. Several large estate sized Bay-front lots could be developed, or one massive estate. The property is accessed via a 30' access easement. Travel from Panama City Beach Parkway past the Legacy Golf Club (f/k/a Holiday Golf Course), through the existing residential neighborhoods of Colony Club, and past Trieste. Left on Moonlight Bay Drive, continue right (east) on Moonlight Bay, which dead-ends into the property. The adjacent two parcels to the east and south are also for sale; A=59.9 Acres on West Bay, B=60.1 Acre interior parcel. The other two large parcels are not contiguous and separated by the small bayou. They are accessed via the Clara Avenue extension. The parcels were annexed into the City of Panama City Beach & zoned P.U.D. & Conservation. The highest-and-best use is single-family residential. Conceptual site plans, wetlands delineation, surveys and maps are attached. Call for detailed information & to setup a tour.
Details
Maps
Contract Info
Status: Active
List Date: 2025-09-18
List Price: $2,000,000
Current Price: $2,000,000
List Price/Acre: 454545.45
Location
Street #: 000
Street Name: Moonlight Bay
Street Suffix: Drive
Area: 03 - Bay County - Beach
State: FL
Zip Code: 32407
County: Bay
Sub Area: 0321 - Beach - North Central
Subdivision: No Named Subdivision
Community/Resort: None
Waterfront: Yes
Parcel ID: 32733-010-000
Elementary School: Hutchison Beach
Middle School: Surfside
High School: Arnold
Directions: From Panama City Beach Parkway, travel north on Fairway Boulevard (the entance to Colony Club and Legacy Golf Course), left on Moonlight Bay Drive. Follow north and then continue right (east) on Moonlight Bay Drive, which dead-ends into the property via a 30' easement.
Legal Description: 15 3S 16W -3.1- 37A PRCL 1: COM AT THE SW COR OF ORIGINAL GOV LOT 2 TH N 1320' W 165' N 738.44' FOR POB TH E 566.98' N 158.17' M/L TO WATER EDGE NWLY 666' M/L TO PT LYING N OF POB TH S 430' TO POB PRCL 2: COM AT THE SW COR OF ORIGINAL GOV LOT 2 TH N 1320' E 165' N 819' M/L TO WATER'S EDGE & FOR POB CONT N 75' SELY & SWLY 90' M/L ALG EDGE OF MARSH TO POB ORB 19
General Property Info
Sub-Type: Vacant Land
Lot Dimensions: Irregular
Acreage: 4.4
Lot Size (SqFt): 191664
Waterfront Feature
Waterfront Feet: 700
Property Features
Assumable Mtg Typ: Conventional; None
Financing: Cash; Conventional
Lot Access: City Street; Easement; Paved Road; Other - See Remarks
Lot Features: Addl Land Available; Aerials/Topo Availbl; Dead End; Irregular; Survey Available; Topographical Survey; Waterfront
Sale Type: As Is
Utilities: Electricity - Connected; Garbage; Natural Gas - Available; Public Sewer - Connected; Public Sewer Available; TV Cable
Waterfront Type: Bay/Harbor
Waterfront Feature: Shore - Beach; Shore - Natural
Waterview: Bay; Bayou
Present Zoning: Other - See Remarks
Listing Office: Counts Real Estate Group Inc
Last Updated: September - 24 - 2025
Information deemed reliable but not guaranteed.