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Wooded Waterfront Residential Lot
For Sale
$49,000

8617 Wood Circle, Panama City, FL 32404

LAND - Panama City, FL

Property SizeContact for details
Lot Size0.59 Acres
Days on Market2039

Property Features for 8617 Wood Circle

General Information

Property type Land
Property subtype Other
Zoning description Resid Single Family
Subdivision Lakewood Manor U-3
Lot features Paved
Elementary school Tommy Smith
Middle school Merritt Brown
High school Rutherford
Directions Panama City, head North on Hwy 231. Turn right on John Pitts Road. Turn left on Scenic Dr and right on Wood Circle. Sign on lots.
Standard status Active
APN 05640-516-000
Lot size 0.59 Acres

Taxes and HOA fees

Tax Year 2020
Tax Description LAKEWOOD MANOR UNIT 3 BEG AT SW COR OF LOT 14 NELY 36.16' NELY 14.96' SELY 210 SWLY 174' NWLY 220' TO POB BEING PART OF LOTS 14 & 15 ORB 1763 P 1278 (14.2)
Tax Annual Amount 471
HOA Fee $75 Annually
Legal Description LAKEWOOD MANOR UNIT 3 BEG AT SW COR OF LOT 14 NELY 36.16' NELY 14.96' SELY 210 SWLY 174' NWLY 220' TO POB BEING PART OF LOTS 14 & 15 ORB 1763 P 1278 (14.2)

Utilities

Water front features Lake
Water front 1
Listing Agency: Counts Real Estate Group Inc
Listed By: Greg B Taylor · License #202166
Added: Jan 6, 2021 Changed: Jul 24 Last Checked: Aug 7 at 12:06AM
MLS# 706251

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 residential building lot is nicely wooded and described as high and dry. The property is waterfront on Lake Lakewood and is sized at approximately 0.59 acres. City water and a septic tank are noted for utility service.

The lot is located in Bay County and is described as convenient to Hwy 231 access. The remarks also note proximity to Majette Park.

The property is currently affected by Hurricane Sally rains, which reportedly breeched the dam and emptied the lake. The homeowners association is in the process of obtaining engineering plans to restore the dam and water levels.

Key Highlights

  • Waterfront lot on Lake Lakewood
  • Nicely wooded, high‑and‑dry residential building lot
  • Large lot size in excess of 1/2 acre

Property Analytics

Current Use

Waterfront Land

Suggested Use

Top Pick Garden Center (Bike/Boat/Book/etc) Store Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

12
Businesses Nearby

Demographics for 32404, FL

38,186
Population
18,053
Households
2.1
Avg Household Size
40
Median Age
21%
College-Educated
87%
High-School Grad
135.1 sq mi
ZIP Area
283
Density / Sq Mi
$72,208
Median Household Income
$38,701
Median Earnings
$1,355
Median Rent
$239,700
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Waterfront Land - Wooded, high-and-dry waterfront lot on Lake Lakewood with access to city water and septic.
Where is this waterfront land located?
The property is located at 8617 Wood Circle Panama City, FL.
What is the asking price?
The asking price for this property is $49,000.
What are key features of this property?
This property features: Waterfront lot on Lake Lakewood; Nicely wooded, high‑and‑dry residential building lot; Large lot size in excess of 1/2 acre
More about this property
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