$549,000
Panama City Beach, FL 32408
MLS# 788233

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Property Description
Rare opportunity to own a premium waterfront homesite in the highly sought-after gated community of Finisterre. This exceptional lot has been thoughtfully improved with fill dirt and a new seawall, providing a solid foundation and valuable cost savings for your future build. Enjoy direct water access with two designated jet ski spaces at the community dock, conveying with the purchase and perfectly suited for embracing the coastal lifestyle. Whether you are planning a custom luxury residence or a private second home retreat, this property is ideally positioned to capture stunning views of Grand Lagoon and its natural beauty. The seller also offers beautifully designed Mediterranean-style house plans, customized specifically for this lot, adding further value and convenience for your build. Finisterre is a gated waterfront community featuring amenities such as tennis courts, pickleball, basketball, a playground, and a community dock. Ideally located just minutes from local marinas, some of Panama City Beach's best dining, and only a short golf cart ride to ''World's Most Beautiful Beach'', this property truly offers the best of both boating and beach living. Opportunities like this in Finisterre are limited. Secure your slice of paradise and begin building your dream coastal home today. This listing contains photos with conceptual rendering for illustrative purposes only.
Details
Maps
Contract Info
List Price/Acre: 1893103.45
Status: Active
List Date: 2026-04-12
List Price: $549,000
Current Price: $549,000
Location
Sub Area: 0319 - Beach - East
Community/Resort: None
Waterfront: Yes
Elementary School: Patronis
Middle School: Surfside
High School: Arnold
Directions: From Thomas Drive, turn East toward Captain Anderson's go to the end which will be the security gate for Finisterre.
Street #: 3319
Street Name: Terra Cotta
Street Suffix: Drive
Area: 03 - Bay County - Beach
State: FL
Zip Code: 32408
County: Bay
Subdivision: Finisterre
Parcel ID: 31424-555-000
Legal Description: FINISTERRE SUB PH II 69D3 LOT 5 BLK A ORB 4568 P 741
General Property Info
Acreage: 0.29
Lot Size (SqFt): 12632
Lot Dimensions: 85 x 157 x 74 x 183
Sub-Type: Residential Lots
Listing Info, Tax & Legal
HOA Fee: Yes
HOA Amount: 2043.81
HOA Frequency: Annually
HOA Annual Amount: 2043.81
Last Taxes: 2856
Last Tax Year: 2025
Brokerage Interest: No Interest
As Is: Yes
Remarks & Misc
Remarks: Rare opportunity to own a premium waterfront homesite in the highly sought-after gated community of Finisterre. This exceptional lot has been thoughtfully improved with fill dirt and a new seawall, providing a solid foundation and valuable cost savings for your future build.
Enjoy direct water access with two designated jet ski spaces at the community dock, conveying with the purchase and perfectly suited for embracing the coastal lifestyle. Whether you are planning a custom luxury residence or a private second home retreat, this property is ideally positioned to capture stunning views of Grand Lagoon and its natural beauty.
The seller also offers beautifully designed Mediterranean-style house plans, customized specifically for this lot, adding further value and convenience for your build.
Finisterre is a gated waterfront community featuring amenities such as tennis courts, pickleball, basketball, a playground, and a community dock. Ideally located just minutes from local marinas, some of Panama City Beach's best dining, and only a short golf cart ride to ''World's Most Beautiful Beach'', this property truly offers the best of both boating and beach living.
Opportunities like this in Finisterre are limited. Secure your slice of paradise and begin building your dream coastal home today. This listing contains photos with conceptual rendering for illustrative purposes only.
Association Fees Include
Dock: 1
Gated Community: 1
Management: 1
Master Association: 1
Playground: 1
Tennis: 1
Financing
Cash: 1
Conventional: 1
Lot Features
Cleared: 1
Covenants: 1
Subdivision - Recorded: 1
Waterfront: 1
Within 1/2 Mile to Water: 1
Lot Access
Gated Access: 1
Paved Road: 1
Private Road: 1
Present Zoning
Resid Single Family: 1
Association Amenities
Dock: 1
Gated Community: 1
Playground: 1
Project Facilities
No Short Term Rental: 1
Utilities
TV Cable: 1
Electricity - Connected: 1
Electric - On-Site: 1
Water Connected: 1
Underground Utilities: 1
Waterview
Bay: 1
Lagoon: 1
Sale Type
As Is: 1
Waterfront Type
Bay/Harbor: 1
Lagoon/Estuary: 1
Property Features
Financing: Cash; Conventional
Lot Access: Gated Access; Paved Road; Private Road
Lot Features: Cleared; Covenants; Subdivision - Recorded; Waterfront; Within 1/2 Mile to Water
Project Facilities: No Short Term Rental
Sale Type: As Is
Utilities: Electricity - Connected; Electric - On-Site; Water Connected; TV Cable; Underground Utilities
Waterfront Type: Bay/Harbor; Lagoon/Estuary
Waterview: Bay; Lagoon
Present Zoning: Resid Single Family
Listing Office: Sims Resort Realty, Inc
Last Updated: May - 09 - 2026
Information deemed reliable but not guaranteed.
