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    7212 Washington Ave Panama City, FL 32409

    Pending
    For Sale
    $499,000

    Residential - Panama City, FL

    Lot size:
    1.50 Acres
    Days on Market:
    115
    Last Refresh:
    Dec 14 at 11:06 pm

    Property Features for 7212 Washington Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Pending
    Zoning
    Resid Single Family
    APN
    08106-015-000
    Lot size
    1.50 Acres

    Utilities

    Sewer type
    Septic Tank
    Water source
    Public
    Water front features
    Waterfront, Waterfront
    Water front
    1

    Building Details

    Architectural style
    Other

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

    Listing agent Dennis Nelson (850) 249-0313 License #SL3379289

    Listing date Aug 22, 2025

    MLS# 768587 Listing URL

    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 with New Barndo

    Located in Southport, FL, this 1.5-acre waterfront lot on Fanning Bayou is suited for building a custom home or recreational retreat. The property features a 115-foot dock with deepwater access to the Gulf, accommodating multiple boats. A new 2024 barndo is present on the property, featuring a 30'x20' recreation room with a half bath, a kitchen with granite countertops, stainless steel appliances, and new cabinetry. The barndo includes a septic system, underground utilities, and HVAC. The groundwork is laid to expand the existing barndo or build a new home. Previous plans for a three-bedroom, two-bath home were considered, and the property benefits from existing underground utilities and a new septic system designed for that layout. Some fill dirt will be needed to build above flood level. The septic system can be adjusted to accommodate a larger home. The property is zoned for single family residential use. The property is located approximately 1/2 mile from Donald Penny Public Boat Ramp. All sizes, dimensions, and uses are approximate. Buyer to verify.
    Location Intelligence

    Current Use by Public Records

    Waterfront Properties

    Map

    City
    Panama City
    County
    Walton
    State
    Florida
    Longitude
    -85.653613
    Latitude
    30.280792

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    FAQs

    What type of property is this?
    Waterfront Property - 1.5-acre waterfront lot with dock and new barndo.
    Where is this waterfront property located?
    The property is located at 7212 Washington Ave Panama City, FL.
    What is the asking price?
    The asking price for this property is $499,000.
    What are key features of this property?
    This property features: - 1. 5 acre waterfront lot on Fanning Bayou with 115-foot dock and direct deepwater Gulf access, suitable for multiple boats.; - Includes a brand-new 2024 barndo with a 30'x20' recreation room, half bath, deluxe kitchen (granite countertops, stainless steel appliances, new cabinetry), and comprehensive living area.; - Existing infrastructure includes a new septic system and underground utilities, designed to support a larger home (previous 3-bedroom plan).
    (850) 249-0313
    Request Owner's contact information
    7212 Washington Ave Panama City, FL 32409
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    Panama City, FL 32409
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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
    7212 Washington Ave Panama City, FL 32409
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