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    7222 Boat Race Rd Panama City, FL 32404

    Sponsored
    For Sale
    $1,750,000

    LAND - Panama City, FL

    Lot size:
    7.14 Acres
    Days on Market:
    82
    Last Refresh:
    Jan 5 at 4:06 pm

    Property Features for 7222 Boat Race Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    APN
    07378-000-000
    Lot size
    7.14 Acres

    Utilities

    Water front
    1

    Exp Realty (904) 238-3304 [email protected]

    Listing agent Abbott Martin Group (850) 460-2900

    Listing date Oct 16, 2025

    Copyright © 2025 Emerald Coast 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 Property in Panama City

    This 7.137-acre waterfront property in Panama City, Florida, presents a rare investment opportunity. Situated on East Bay, directly across from Tyndall Air Force Base, this parcel offers deep water access east of Panama City. Plans are in place for a state-of-the-art marina. The fully entitled development opportunity includes permitted commercial space totaling 16,310 square feet, a 24,394-square-foot parking lot, and 174 permitted slips. The marina design features 47 docks in Osprey Inlet, 120 docks in Callaway Bayou, 6 temporary mooring slips, and 1 fueling dock with temporary mooring. This property is designed to meet the growing demand for marina facilities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Marinas

    Suggested Use

    Restaurant Realty agency Auto Repair Shop Department Store Kitchen & Bath Food Market HVAC Service Grocery Store Convenience Store Cafe & Coffee Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Panama City
    County
    Walton
    State
    Florida
    Longitude
    -85.565425
    Latitude
    30.126196

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    FAQs

    What type of property is this?
    Marina - 7.14 acres waterfront property with marina development plans.
    Where is this marina located?
    The property is located at 7222 Boat Race Rd Panama City, FL.
    What is the asking price?
    The asking price for this property is $1,750,000.
    What are key features of this property?
    This property features: - 7.137 acres of prime waterfront property on East Bay, directly across from Tyndall Air Force Base.; - Fully entitled development opportunity with 16,310 sq/ft of permitted commercial space and a 24,394 sq/ft parking lot.; - Permitted for 174 slips: 47 docks in Osprey Inlet, 120 docks in Callaway Bayou.
    (850) 460-2900
    Request Owner's contact information
    7222 Boat Race Rd Panama City, FL 32404
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    Panama City, FL 32404
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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
    7222 Boat Race Rd Panama City, FL 32404
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