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
COMMERCIAL - Panama City, FL
Lot Size3.25 Acres
Days on Market17
Property Features for 305 E Beach Drive
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- 20154-000-000
- Lot size
- 3.25 Acres
Taxes and HOA fees
- 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
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# 792242
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.
Pelican Pass at Massalina Bayou is an entitled waterfront development site in Panama City’s waterfront district. The property is offered with a recorded and assignable development agreement providing vested rights for residential and marina development. Supporting materials included with the sale encompass an ALTA/topographic survey, existing conditions, development agreement, townhome concept plans, draft plat, marina layout, single-family lot concept, construction/utility exhibits, and marina and seawall proposals.
The site includes approximately 650 linear feet of direct frontage on Massalina Bayou and is zoned Mixed-Use 3 (MU-3) within the City of Panama City. The listing includes Bay County Parcel ID #19528-000-000.
The development agreement supports multiple development paths, including attached residential/townhomes, detached single-family residential, multifamily residential, and marina-oriented waterfront development.
The site includes approximately 650 linear feet of direct frontage on Massalina Bayou and is zoned Mixed-Use 3 (MU-3) within the City of Panama City. The listing includes Bay County Parcel ID #19528-000-000.
The development agreement supports multiple development paths, including attached residential/townhomes, detached single-family residential, multifamily residential, and marina-oriented waterfront development.
Key Highlights
- Approximately 3.247‑acre waterfront development site with 650 linear feet of direct frontage on Massalina Bayou
- Recorded, assignable Development Agreement with 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 mixed-use waterfront land with direct Massalina Bayou frontage and recorded development agreement.
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 waterfront development site with 650 linear feet of direct frontage on Massalina Bayou; Recorded, assignable Development Agreement with vested rights for residential and marina development; Zoned Mixed‑Use 3 (MU‑3) within the City of Panama City
