Waterfront Development
For Sale
$12,000,000
1025 Hwy 2297, Panama City, FL 32404
Land, Panama City, FL
Property SizeContact for details
Lot Size283.00 Acres
Days on Market257
Property Features for 1025 Hwy 2297
General Information
Property type
Land
Property subtype
Other
Zoning description
Residential Single Family
Subdivision
No Named Subdivision
Lot features
Additional Land Available, Boating Access
View
Water
Directions
From Hwy 22 and Hwy 2297 go South on Hwy 2297 to just past the Cook's Bayou bridge. Subject property is on the East side of Hwy 2297.
Standard status
Active
APN
07397005000
Lot size
283.00 Acres
Taxes and HOA fees
Tax Description
24 4S 13W -2.1- 163D N1/2 OF N1/2 E OF CO RD 2296 LESS TO COOK BAYOU ESTS LESS 6.1 AC TO 07397-100-000 SUBJ TO CONS ESMT ORB 2072 P 1441
Legal Description
24 4S 13W -2.1- 163D N1/2 OF N1/2 E OF CO RD 2296 LESS TO COOK BAYOU ESTS LESS 6.1 AC TO 07397-100-000 SUBJ TO CONS ESMT ORB 2072 P 1441
Utilities
Water front
1
Listing Agency:
Nai Talcor
(850) 249-2879
Listed By:
Wendy Partie · License #SL3580252
(601) 405-9820
Added: Dec 22, 2025
Changed: Sep 3
Last Checked: Sep 5 at 1:06PM
MLS# 320866
Copyright © 2026 Forgotten Coast Realtor Association. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 283-acre waterfront land holding extends along Cook's Bayou with more than 5,600 feet of shoreline and connections to East Bay and the Gulf of Mexico. The property includes approximately 150 acres of uplands positioned on a waterfront bluff, with a mix of oak, magnolia, and pine trees. Most of the upland area is identified as Zone X or outside the 500-year flood zone.
The site carries Conservation Habitation zoning with a stated density of 2 units per acre. Development concepts identified for potential entitlement include an upland-cut marina, slips, residential docks, and dredging. The property is near Eastern Shipbuilding, approximately 20 minutes from Tyndall AFB, and 1.5 miles from the planned Gulf Coast Parkway connection between Hwy 231 and Gulf County.
The site carries Conservation Habitation zoning with a stated density of 2 units per acre. Development concepts identified for potential entitlement include an upland-cut marina, slips, residential docks, and dredging. The property is near Eastern Shipbuilding, approximately 20 minutes from Tyndall AFB, and 1.5 miles from the planned Gulf Coast Parkway connection between Hwy 231 and Gulf County.
Key Highlights
- 283‑acre waterfront property with more than 5,600' along Cook's Bayou
- Approximately 150 acres of uplands situated on a waterfront bluff
- Most uplands are Zone X or outside the 500‑year flood zone
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
11
Businesses Nearby
Explore this area
Business Placement
Demographics for 32404, FL
38,186
Population
18,053
Households
2.1
Avg Household Size
40
Median Age
21%
College-Educated
87%
High-School Grad
135.1 sq mi
ZIP Area
283
Density / Sq Mi
$72,208
Median Household Income
$38,701
Median Earnings
$1,355
Median Rent
$239,700
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Waterfront Land - Large waterfront tract with bay access, upland areas, and Conservation Habitation zoning supporting planned development.
Where is this waterfront land located?
The property is located at 1025 Hwy 2297 Panama City, FL.
What is the asking price?
The asking price for this property is $12,000,000.
What are key features of this property?
This property features: 283‑acre waterfront property with more than 5,600' along Cook's Bayou; Approximately 150 acres of uplands situated on a waterfront bluff; Most uplands are Zone X or outside the 500‑year flood zone
