Entitled Waterfront Development
305 E Beach Drive Panama City, FL 32401
305 E Beach Drive, Panama City, FL, 32401
$4,500,000
For Sale
$4,500,000
LAND - Panama City, FL
Lot Size3.25 Acres
Days on Market17
Property Features for 305 E Beach Drive
General Information
- Property type
- Land
- Property subtype
- Other
- Standard status
- Active
- APN
- 20154-000-000
- Lot size
- 3.25 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 9 4S 14W -1- 70A ALL THAT PART OF NW1/4 OF SW1/4 LYING S & E OF MASSALINA BAYOU LESS DAVIS PLATS & LESS PCLS -1.1- & -1.2 SUBJ TO CONS ESMT OR3108 P1693 SUBJ TO CONS ESMT OR3108 P1714 ORB 4754 P 1342
- Tax Annual Amount
- 12266
Utilities
- Water front features
- Seawall
- Water front
- 1
Listing Agency
Counts Real Estate Group Inc
(850) 249-3615
2104 Thomas Drive, PANAMA CITY BEACH, FL
Listed by
Chris S McCall · License #0666647
(850) 814-9889
Added: Jul 1 Checked: Jul 17 at 7:06 pm
MLS# 792107
Listing URL
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 sale offers an entitled waterfront development land parcel in the Panama City waterfront district. The property provides approximately 3.25 acres with about 650 linear feet of direct frontage on Massalina Bayou. A recorded and assignable Development Agreement is included, providing vested rights for residential and marina development, with multiple supported development paths.
The development agreement supports attached residential/townhomes, detached single-family residential, multifamily residential, and marina-oriented waterfront development. The property is zoned Mixed-Use 3 (MU-3) within the City of Panama City, and the sale includes Bay County Parcel ID #19528-000-000.
Included materials reference ALTA/topographic survey, existing conditions, townhome concept plans, draft plat, marina layout, single-family lot concept, construction/utility exhibits, and seawall and marina proposals, supporting a partially assembled development evaluation versus raw land.
The development agreement supports attached residential/townhomes, detached single-family residential, multifamily residential, and marina-oriented waterfront development. The property is zoned Mixed-Use 3 (MU-3) within the City of Panama City, and the sale includes Bay County Parcel ID #19528-000-000.
Included materials reference ALTA/topographic survey, existing conditions, townhome concept plans, draft plat, marina layout, single-family lot concept, construction/utility exhibits, and seawall and marina proposals, supporting a partially assembled development evaluation versus raw land.
Key Highlights
- Approximately 3.247‑acre entitled waterfront development site with 650 linear feet direct frontage on Massalina Bayou
- Recorded and assignable Development Agreement provides vested rights for residential and marina development
- Zoned Mixed‑Use 3 (MU‑3) within the City of Panama City
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 - Entitled waterfront site with direct Massalina Bayou frontage and recorded, assignable development agreement in MU-3 zoning.
Where is this waterfront land located?
The property is located at 305 E Beach Drive Panama City, FL.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: Approximately 3.247‑acre entitled waterfront development site with 650 linear feet direct frontage on Massalina Bayou; Recorded and assignable Development Agreement provides vested rights for residential and marina development; Zoned Mixed‑Use 3 (MU‑3) within the City of Panama City
