$299,000
Panama City, FL 32409
MLS# 783768
1 / 42
Property Description
An exceptional opportunity to own a truly stunning property offering views of the bay, marsh, and bridge! Encompassing 4.58 acres on the northeast side of Bailey Bridge, this parcel is ideally suited for a private estate or a planned development. The land has been partially cleared and surveyed with the intent to divide it into two lots, allowing for the potential to build a duplex on each parcel, or pursue a larger residential or mixed-use project. Zoned for mixed use, the property allows for both residential and commercial development, with the possibility of constructing up to 11 townhomes. Water and sewer lines already run through the property, adding convenience and value for future development. Natural features include stunning wetlands and a pond, enhancing the beauty and privacy of the property. Located just a short distance from shopping, dining, and medical facilities in Lynn Haven and Panama City, and only minutes from the beach and Tyndall Air Force Base, this property offers a rare blend of natural beauty, flexibility, and prime location. This listing is for the purchase of the entire parcel—an outstanding investment with endless potential!
Details
Maps
Contract Info
List Price/Acre: 65283.84
Status: Active
List Date: 2026-01-16
List Price: $299,000
Current Price: $299,000
Location
Sub Area: 0410 - Bay North - West Deerpoint/Southport
Community/Resort: None
Waterfront: Yes
Elementary School: Southport
Middle School: Deane Bozeman
High School: Deane Bozeman
Directions: North/East side of Bailey Bridge.
Street #: 6312
Street Name: Highway 77
Area: 04 - Bay County - North
State: FL
Zip Code: 32409
County: Bay
Subdivision: No Named Subdivision
Parcel ID: 08541-000-000
Legal Description: 33 3S 14W -111.1- ST A B PECAN & FIG GROVE CO BEG AT NW COR LOT 12 MILLPOINT LANDING SUB TH SWLY 35.12' SELY 76.94' SELY 40.89' SELY 69.72' SELY 34.92' SELY 46.59' SELY 58.57' SWLY 35.60' SWLY 31.85' SELY 24.95' SWLY 14.78' SWLY 38.84' SWLY 20.81' SW LY 26.10' NWLY 35.53' NWLY 32.28' NWLY 40.80' NWLY 38.20' NWLY 45.03' SWLY 74.84' SWLY 41.28' SWLY 40.29' NWLY 93.04' SW
General Property Info
Acreage: 4.58
Lot Size (SqFt): 199505
Lot Dimensions: 490 x 352 x 260 x 238 x 604
Sub-Type: Vacant Land
Listing Info, Tax & Legal
HOA Fee: No
Last Taxes: 5878
Last Tax Year: 2025
As Is: Yes
Remarks & Misc
Remarks: An exceptional opportunity to own a truly stunning property offering views of the bay, marsh, and bridge! Encompassing 4.58 acres on the northeast side of Bailey Bridge, this parcel is ideally suited for a private estate or a planned development. The land has been partially cleared and surveyed with the intent to divide it into two lots, allowing for the potential to build a duplex on each parcel, or pursue a larger residential or mixed-use project. Zoned for mixed use, the property allows for both residential and commercial development, with the possibility of constructing up to 11 townhomes. Water and sewer lines already run through the property, adding convenience and value for future development. Natural features include stunning wetlands and a pond, enhancing the beauty and privacy of the property. Located just a short distance from shopping, dining, and medical facilities in Lynn Haven and Panama City, and only minutes from the beach and Tyndall Air Force Base, this property offers a rare blend of natural beauty, flexibility, and prime location. This listing is for the purchase of the entire parcel—an outstanding investment with endless potential!
Financing
Cash: 1
Conventional: 1
Lot Features
Level: 1
Low: 1
Retention Pond: 1
Survey Available: 1
Wetlands: 1
Within 1/2 Mile to Water: 1
Lot Access
County Road: 1
Paved Road: 1
Present Zoning
Commercial: 1
General Commercial: 1
Resid Multi-Family: 1
Resid Single Family: 1
Association Amenities
Fishing: 1
Utilities
Public Sewer - Connected: 1
Water Connected: 1
Waterview
Bay: 1
Intercoastal Waterwy: 1
Sale Type
As Is: 1
Waterfront Type
Marsh w/o Gulf Access: 1
Stream w/o Gulf Access: 1
Property Features
Financing: Cash; Conventional
Lot Access: County Road; Paved Road
Lot Features: Level; Low; Retention Pond; Survey Available; Wetlands; Within 1/2 Mile to Water
Sale Type: As Is
Utilities: Public Sewer - Connected; Water Connected
Waterfront Type: Marsh w/o Gulf Access; Stream w/o Gulf Access
Waterview: Bay; Intercoastal Waterwy
Present Zoning: Commercial; General Commercial; Resid Multi-Family; Resid Single Family
Listing Office: Foundation Real Estate Agency LLC
Last Updated: May - 03 - 2026
Information deemed reliable but not guaranteed.