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    3319 Terra Cotta Dr Panama City, FL 32408

    For Sale
    $695,000

    LAND - Panama City, FL

    Lot size:
    0.29 Acres
    Days on Market:
    108
    Last Refresh:
    Dec 13 at 2:06 pm

    Property Features for 3319 Terra Cotta Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    31424-555-000
    Lot size
    0.29 Acres

    Utilities

    Water source
    Public
    Water front features
    Seawall, Waterfront, Lagoon
    Water front
    1

    Keller Williams Success Realty (850) 249-0313 [email protected]

    Listing agent Michele Morros (850) 249-0313 License #3085018

    Listing date Aug 28, 2025

    Copyright © 2025 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.

    Overview

    Waterfront Lot in Gated Community

    This is a waterfront lot offering views of Grand Lagoon, situated within the gated community of Finisterre, located on the east end of Panama City Beach. The improved lot features a new seawall and has been filled. It includes two jet ski lifts located in the community dock, which are conveyed with the purchase. Finisterre provides amenities such as tennis, pickleball, basketball, and a playground, in addition to the community dock. The property is conveniently located within walking distance of several restaurants and a short drive to St Andrews State Park, boating facilities, and the beaches of Panama City Beach. The lot size is approximately 0.29 acres. The adjacent lot is also for sale, presenting the opportunity to acquire two side-by-side lots within this neighborhood.
    Property Profile Location Intelligence

    Current Use by Public Records

    Waterfront Properties

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Panama City
    County
    Walton
    State
    Florida
    Longitude
    -85.738227
    Latitude
    30.148398

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    FAQs

    What type of property is this?
    Land - Waterfront lot with lagoon views in gated community.
    Where is this land located?
    The property is located at 3319 Terra Cotta Dr Panama City, FL.
    What is the asking price?
    The asking price for this property is $695,000.
    What are key features of this property?
    This property features: - Premier waterfront lot with gorgeous views of Grand Lagoon in gated community.; - New seawall and filled lot ready for building.; - Two jet ski lifts in community dock included with purchase.
    (850) 249-0313
    Request Owner's contact information
    3319 Terra Cotta Dr Panama City, FL 32408
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    Panama City, FL 32408
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3319 Terra Cotta Dr Panama City, FL 32408
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