Mixed-Zoned Development Land
For Sale
$2,500,000
23 3S 16W, Panama City Beach, FL 32407
LAND - Panama City Beach, FL
Property SizeContact for details
Lot Size10.46 Acres
Days on Market25
Property Features for 23 3S 16W
General Information
Property type
Land
Property subtype
Other
Zoning description
Agriculture, Multi-Family
Subdivision
No Named Subdivision
Elementary school
Hutchison Beach
Middle school
Surfside
High school
Arnold
Directions
GPS
Standard status
Active
APN
34025-010-000
Lot size
10.46 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
23 3S 16W -1.1- COM AT SW COR OF SEC E 2875.49 N 1574.37' FOR POB TH SWLY 413.25' SELY 208.6' S 294.51' WLY 233.34' N 110.65' NWLY 546.24' SWLY 210.54' NWLY 239.64' NELY 395.79' NELY 594.64' ELY 187.82' TO POB ORB 3772 P 1478
Legal Description
23 3S 16W -1.1- COM AT SW COR OF SEC E 2875.49 N 1574.37' FOR POB TH SWLY 413.25' SELY 208.6' S 294.51' WLY 233.34' N 110.65' NWLY 546.24' SWLY 210.54' NWLY 239.64' NELY 395.79' NELY 594.64' ELY 187.82' TO POB ORB 3772 P 1478
Listing Agency:
Think Real Estate
(850) 270-4200
Listed By:
Tina Lamonica · License #BK3432425
(850) 832-7162
Added: Jul 13
Changed: Jul 27
Last Checked: Aug 6 at 5:06PM
MLS# 793080
Copyright © 2026 Central Panhandle Association of REALTORS. 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 approximately 10.46-acre land parcel presents a mixed-zoning development opportunity with about half located in Bay County zoned AG-2 and about half located in the City of Panama City Beach zoned RTH (Residential Townhouse). The configuration supports planning for residential development within the RTH portion, while the adjoining AG-2 portion may have annexation potential into the City of Panama City Beach, subject to city approval and applicable requirements.
The property is conveniently located just minutes from Panama City Beach Parkway, along with shopping, dining, schools, and the Gulf beaches. The northern boundary is adjacent to approximately 1.5 miles of the paved Gayle’s Trails recreational path.
All interested parties should verify zoning, annexation potential, permitted uses, dimensions, utilities, access, and overall development feasibility through their own due diligence.
The property is conveniently located just minutes from Panama City Beach Parkway, along with shopping, dining, schools, and the Gulf beaches. The northern boundary is adjacent to approximately 1.5 miles of the paved Gayle’s Trails recreational path.
All interested parties should verify zoning, annexation potential, permitted uses, dimensions, utilities, access, and overall development feasibility through their own due diligence.
Key Highlights
- Approximately 10+ acre development parcel in Panama City Beach
- Dual zoning: about half in Bay County zoned AG‑2 and about half in City of Panama City Beach zoned RTH (Residential Townhouse)
- RTH area offers townhouse‑style residential development potential; AG‑2 portion may have annexation potential into the city (subject to city approval)
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
11
Businesses Nearby
Explore this area
Business Placement
Demographics for 32407, FL
14,366
Population
12,163
Households
1.2
Avg Household Size
41
Median Age
40%
College-Educated
96%
High-School Grad
14.9 sq mi
ZIP Area
964
Density / Sq Mi
$79,052
Median Household Income
$44,027
Median Earnings
$1,792
Median Rent
$403,500
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?
Residential land & home lot - 10+ acre parcel with dual zoning, including AG-2 and residential townhouse RTH areas, plus adjacency to a paved recreational path.
Where is this residential land & home lot located?
The property is located at 23 3S 16W Panama City Beach, FL.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Approximately 10+ acre development parcel in Panama City Beach; Dual zoning: about half in Bay County zoned AG‑2 and about half in City of Panama City Beach zoned RTH (Residential Townhouse); RTH area offers townhouse‑style residential development potential; AG‑2 portion may have annexation potential into the city (subject to city approval)
