124 Acres on West
000 Clara Avenue, Panama City Beach, FL 32407
For Sale
$14,000,000
124 acres on West Bay with over 1,200' waterfrontage.
Property SizeContact for details
Lot Size124.00 Acres
Days on Market2902
Property Features for 000 Clara Avenue
General Information
Standard status
Lot size
Property subtype
Listing Agency:
COUNTS REAL ESTATE GROUP INC
(850) 249-3615
Listed By:
CHRIS S MCCALL · License FL #0666647
(850) 814-9889
Source:
Corcoran
Added: Dec 3, 2018
Changed: Nov 10
Last Checked: Nov 12 at 8:07AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of COUNTS REAL ESTATE GROUP INC
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Investment Insights
Based on property information with market context.
This 124-acre property, known as 'The Oak Grove on West Bay,' is located on the east side of Colony Club Trieste neighborhoods and the Legacy Golf Club in Panama City Beach. It features over 1,200 feet of waterfrontage on West Bay, offering expansive views across the bay. The property consists of three parcels: a 59.9-acre parcel on West Bay, a 60.1-acre interior parcel, and a 4.4-acre parcel on West Bay, accessed via Moonlight Bay Drive. The sellers are offering the property as a whole and will not subdivide. Primary access is provided by the Clara Avenue extension, a 100-foot right-of-way that is now paved close to the south property line. The site has been annexed into the City of Panama City Beach and is zoned P.U.D. Conservation. The highest and best use for this property is considered to be residential or resort development. Conceptual site plans, wetlands delineation, surveys, and maps are available.
Key Highlights
- 124 acres on West Bay in Panama City Beach with over 1,200 feet of waterfrontage.
- Zoned P.U.D. with highest and best use as residential/resort.
- Comprised of 3 parcels, offering flexibility in development.
Property Analytics
Location Intelligence
Trade Area within ½ mile
551
Businesses Nearby
Explore this area
Business Placement
Demographics for 32407, FL
14,366
Population
12,163
Households
1.2
Avg Household Size
41
Median Age
40%
College-Educated
96%
High-School Grad
14.9 sq mi
ZIP Area
964
Density / Sq Mi
$79,052
Median Household Income
$44,027
Median Earnings
$1,792
Median Rent
$403,500
Median Home Value
Market
Properties on Market for Waterfront Land in Panama City Beach
Frequently Asked Questions
What type of property is this?
Waterfront Land - 124 acres on West Bay with over 1,200' waterfrontage.
Where is this waterfront land located?
The property is located at 000 Clara Avenue Panama City Beach, FL.
What is the asking price?
The asking price for this property is $14,000,000.
What are key features of this property?
This property features: 124 acres on West Bay in Panama City Beach with over 1,200 feet of waterfrontage.; Zoned P.U.D. with highest and best use as residential/resort.; Comprised of 3 parcels, offering flexibility in development.
