$49,000
Panama City, FL 32404
MLS# 706251

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Property Description
Nicely wooded high and dry building lot in the growing area of Bay County. Convenient to Hwy 231 access and close to the County's Majette Park. This is a waterfront lot that sits on Lake Lakewood. Recently Hurricane Sally rains breeched the dam and emptied the lake. The homeowners association is in the process of getting together engineering plans to restore the dam and water levels. This is a large lot in excess of 1/2 acre. If you are looking for a convenient, moderately priced residential lot on the water this may be the one for you. City water and septic tank
Details
Maps
Contract Info
Status: Active
List Date: 2021-01-06
List Price: $49,000
Current Price: $49,000
List Price/Acre: 83050.85
Location
Street #: 8617
Street Name: Wood
Street Suffix: Circle
Area: 05 - Bay County - East
State: FL
Zip Code: 32404
County: Bay
Sub Area: 0515 - Bay East - Bayou George
Subdivision: Lakewood Manor U-3
Community/Resort: None
Waterfront: Yes
Parcel ID: 05640-516-000
Elementary School: Tommy Smith
Middle School: Merritt Brown
High School: Rutherford
Directions: Panama City, head North on Hwy 231. Turn right on John Pitts Road. Turn left on Scenic Dr and right on Wood Circle. Sign on lots.
Legal Description: LAKEWOOD MANOR UNIT 3 BEG AT SW COR OF LOT 14 NELY 36.16' NELY 14.96' SELY 210 SWLY 174' NWLY 220' TO POB BEING PART OF LOTS 14 & 15 ORB 1763 P 1278 (14.2)
General Property Info
Sub-Type: Residential Lots
Lot Dimensions: 119 x 215
Acreage: 0.59
Lot Size (SqFt): 25700
Waterfront Feature
Waterfront Feet: 119
Property Features
Fees Include: Licenses/Permits
Lot Access: County Road; Paved Road
Lot Features: Addl Land Available; Restrictions; Waterfront
Utilities: Electricity - Connected; Propane; Water Connected; Septic Tank; TV Cable
Waterfront Type: Lakefront
Present Zoning: Resid Single Family
Listing Office: Counts Real Estate Group Inc
Last Updated: August - 03 - 2025
Information deemed reliable but not guaranteed.
