Waterfront Development Opportunity in
1025 Hwy 2297 Panama City, FL 32404
1025 Hwy 2297, Panama City, FL, 32404
$12,000,000
For Sale
$12,000,000
LAND - Panama City, FL
Lot Size283.00 Acres
Days on Market211
Property Features for 1025 Hwy 2297
General Information
- Property type
- Land
- Property subtype
- Other
- 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
Utilities
- Water front
- 1
Listing agency
Nai Talcor
(850) 249-2879
Listed by
Wendy Partie · License #SL3580252
(601) 405-9820
Added: Dec 22, 2025 Updated: Jun 10 at 2:31PM Checked: Jul 21 at 12:06PM
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 property offers a development opportunity with access to East Bay and the Gulf of Mexico. The land features over 5,600 feet of frontage on Cook's Bayou and a mix of Oak, Magnolia, and Pine trees. Approximately 150 acres are uplands situated on a bluff along the waterfront, with the majority of these uplands located in Zone X, outside of the 500-year flood zone. Zoned Conservation Habitation, the property allows for a density of 2 units per acre, totaling 514 units. Development possibilities include an upland cut marina with slips, residential docks, and dredging, all of which could be entitled as part of the overall project. The property is located near Eastern Shipbuilding, which was recently awarded a $10.5 billion US Coast Guard contract. It is also situated 20 minutes from Tyndall AFB and 1.5 miles from the Gulf Coast Parkway, which is included in the FDOT's 5-year plan to connect Hwy 231 to Gulf County.
Key Highlights
- Waterfront development opportunity with 5,600' on Cook's Bayou, providing access to East Bay and the Gulf of Mexico.
- Zoned Conservation Habitation allowing for a density of 2 units per acre, totaling 514 units.
- Approximately 150 acres of uplands, mostly in Zone X (outside the 500‑year flood zone).
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Waterfront Land
Similar For Sale Nearby
FAQs
What type of property is this?
Waterfront Land - 283-acre waterfront land with development potential near major landmarks.
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: Waterfront development opportunity with **5,600' on Cook's Bayou**, providing access to East Bay and the Gulf of Mexico.; Zoned Conservation Habitation allowing for a density of **2 units per acre, totaling 514 units**.; Approximately 150 acres of uplands, mostly in Zone X (outside the 500‑year flood zone).
