Waterfront Land Panama City,
For Sale
$3,750,000
Allanton Road, Panama City, FL 32404
LAND - Panama City, FL
Property SizeContact for details
Lot Size167.00 Acres
Days on Market1501
Property Features for Allanton Road
General Information
Property type
Land
Property subtype
Other
Zoning description
County
Subdivision
No Named Subdivision
Elementary school
Callaway
Middle school
Everitt
High school
Rutherford
Directions
From Tyndall Parkway, go east on Hwy. 22 approx. 9 miles, then right on Hwy. 2297, follow approx. 12 miles to Allanton Road. Follow to where road makes a 90 degree turn. Property starts at the water's edge and goes approx. 9/10 mile up the road.
Standard status
Active
APN
04062-000-000
Lot size
167.00 Acres
Taxes and HOA fees
Tax Year
2021
Tax Description
Property includes 3 parcels: 04062-000-000, 04061-000-000, and 03996-010-000. 21 5S 12W - complete legal attached in documents.
Tax Annual Amount
1000
Legal Description
Property includes 3 parcels: 04062-000-000, 04061-000-000, and 03996-010-000. 21 5S 12W - complete legal attached in documents.
Utilities
Sewer type
Septic Needed
Water source
Well Needed
Water front
1
Listing Agency:
Coastal Choice Realty LLC
(850) 215-4160
Listed By:
Dennis M Dunnigan · License #3316049
(850) 258-3880
Added: Jul 5, 2022
Changed: May 14
Last Checked: Aug 13 at 6:06AM
MLS# 729404
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 167-acre parcel of land is located in Panama City, Florida, featuring approximately 7200 feet (1.3 miles) of shoreline on the Intercoastal Waterway. Situated in the East Bay area, it offers deep water accessibility and is a short boat ride from the Gulf of Mexico. The zoning allows for 2 units per acre. Engineering and feasibility studies suggest the potential for 173 to 232 lots. The property is suitable for a waterfront community. A complete information packet is available, including a survey, wetland delineations, and photographs.
Key Highlights
- 167 acres of pristine coastline with approx. 7200 ft (1.3 miles) of shoreline on the Intercoastal Waterway.
- Zoning allows for 2 units per acre, offering significant development potential.
- Deep water accessibility, making it ideal for a waterfront community.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Land - 167-acre waterfront land parcel with development potential in Panama City.
Where is this land located?
The property is located at Allanton Road Panama City, FL.
What is the asking price?
The asking price for this property is $3,750,000.
What are key features of this property?
This property features: 167 acres of pristine coastline with approx. 7200 ft (1.3 miles) of shoreline on the Intercoastal Waterway.; Zoning allows for 2 units per acre, offering significant development potential.; Deep water accessibility, making it ideal for a waterfront community.
