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Waterfront Development Opportunity in Panama

1025 Hwy 2297 Panama City, FL 32404

1025 Hwy 2297, Panama City, FL, 32404
$12,000,000
For Sale
Claim this Listing
$12,000,000

LAND - Panama City, FL

Lot Size283.00 Acres
AddedDec 22, 2025
Days on Market205
Last RefreshJul 15 at 7:06 am

Property Features for 1025 Hwy 2297

General Information

Property type
Land
Property subtype
Other
Standard status
Active
APN
07397005000
Lot size
283.00 Acres

Taxes and HOA fees

Tax Description
24 4S 13W -2.1- 163D N1/2 OF N1/2 E OF CO RD 2296 LESS TO COOK BAYOU ESTS LESS 6.1 AC TO 07397-100-000 SUBJ TO CONS ESMT ORB 2072 P 1441

Utilities

Water front
1

Listing agent Wendy Partie License #SL3580252

Listing office Nai Talcor 17216 Panama City Beachy Pkwy, PORT ST. JOE, FL

Listing date Dec 22, 2025

MLS# 320866 Listing URL

Copyright © 2026 Forgotten Coast Realtor Association. 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 283-acre waterfront property offers a development opportunity with access to East Bay and the Gulf of Mexico. The land features over 5,600 feet of frontage on Cook's Bayou and a mix of Oak, Magnolia, and Pine trees. Approximately 150 acres are uplands situated on a bluff along the waterfront, with the majority of these uplands located in Zone X, outside of the 500-year flood zone. Zoned Conservation Habitation, the property allows for a density of 2 units per acre, totaling 514 units. Development possibilities include an upland cut marina with slips, residential docks, and dredging, all of which could be entitled as part of the overall project. The property is located near Eastern Shipbuilding, which was recently awarded a $10.5 billion US Coast Guard contract. It is also situated 20 minutes from Tyndall AFB and 1.5 miles from the Gulf Coast Parkway, which is included in the FDOT's 5-year plan to connect Hwy 231 to Gulf County.

Key Highlights

  • Waterfront development opportunity with 5,600' on Cook's Bayou, providing access to East Bay and the Gulf of Mexico.
  • Zoned Conservation Habitation allowing for a density of 2 units per acre, totaling 514 units.
  • Approximately 150 acres of uplands, mostly in Zone X (outside the 500‑year flood zone).

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Waterfront Land

Suggested Use

Electrical Service Grocery & Convenience Store Computer & Electronic Repair Clothing & Fashion Store

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

FAQs

What type of property is this?
Waterfront Land - 283-acre waterfront land with development potential near major landmarks.
Where is this waterfront land located?
The property is located at 1025 Hwy 2297 Panama City, FL.
What is the asking price?
The asking price for this property is $12,000,000.
What are key features of this property?
This property features: Waterfront development opportunity with **5,600' on Cook's Bayou**, providing access to East Bay and the Gulf of Mexico.; Zoned Conservation Habitation allowing for a density of **2 units per acre, totaling 514 units**.; Approximately 150 acres of uplands, mostly in Zone X (outside the 500‑year flood zone).
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