Fonza Road Panama City, FL 32409
- Added:
- Apr 15, 2025
- Days on Market:
- 380
- Last Refresh:
- Apr 29 at 5:06 pm
Property Features for Fonza Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- 08426-020-000
- Lot size
- 231.05 Acres
Taxes and HOA fees
- Tax Description
- 29/32 2S 14W -2.2- 88 BEG NE COR OF NW1/4 OF SEC 32 TH E 808.59' S 117.34' SE 71.74' E 308.9' N 143' E 120.59' N 981.89' TO S ROW LI OF NEWMAN PT RD TH E ALG SAID ROW LI 57.70' ELY 564.64' TO W ROW LI 13TH S ALG W ROW LI OF 13TH ST 483.61 E 690.01' S 404.59' TO SE COR SEC 29 TH S 164.93' TO N ROW LI OF CUTCHENS RD TH WLY ALG N ROW LI 347.19' WLY 55.08' SWLY 58.32' S
Utilities
- Water front
- 1
Listing agent Jay W Burkey License #SL3603671 (850) 866-8459
Listing office Coldwell Banker Realty 726 Thomas Drive Suite A, Panama City Beach, FL (850) 234-6696
Listing date Apr 15, 2025
MLS# 772017
Listing URL
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.
Overview
Waterfront Development Opportunity in Panama
This is a rare waterfront development opportunity, encompassing approximately 231 acres with roughly 8,000 feet of natural shoreline on North Bay. Flexible deal structures are available, including seller financing and potential joint venture development partnerships. The seller is actively seeking qualified development partners and is open to creative structuring to bring this site to its highest and best use. The property is strategically located on Bay County's rapidly expanding north side, minutes from Northwest Florida Beaches International Airport, Panama City Beach, and the multi-billion-dollar redevelopment of Tyndall Air Force Base. Adjacent to the established Fanning Bayou subdivision and close to Gulf Coast State College's North Bay Campus, the site is positioned in the path of major regional growth. Previously approved for 218 residential units and a school, the site has utilities nearby and excellent access to infrastructure and major roads. Bay County planning supports new development in this corridor. The property is ideal for residential, mixed-use, institutional, or recreational development. It represents one of the largest contiguous, undeveloped waterfront parcels remaining in the area. With strong regional demand, supportive zoning, and a seller willing to structure a deal creatively, including JV partnerships, this property offers a compelling opportunity for developers and investors looking to capitalize on Northwest Florida's growth.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Waterfront Land
Map
- City
- Panama City
- County
- Walton
- State
- Florida
- Longitude
- -85.663929
- Latitude
- 30.273757
Nearby Similar for Sale
FAQs
What type of property is this?
Land - 231-acre waterfront property with development potential near major landmarks.
Where is this land located?
The property is located at Fonza Road Panama City, FL.
What is the asking price?
The asking price for this property is $7,500,000.
What are key features of this property?
This property features: +/-231‑acre waterfront development opportunity with +/-8,000 feet of natural shoreline on North Bay.; Flexible deal structures including seller financing and potential joint venture (JV) development partnerships.; Strategically located minutes from Northwest Florida Beaches International Airport, Panama City Beach, and Tyndall Air Force Base redevelopment.
