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Waterfront Gated Community Lot
For Sale
$265,000

1118 E Water Oak, Panama City Beach, FL 32413

LAND - Panama City Beach, FL

Property SizeContact for details
Lot Size0.34 Acres
Days on Market173

Property Features for 1118 E Water Oak

General Information

Property type Land
Property subtype Other
Subdivision Wild Heron Phase II
Elementary school West Bay
Middle school Surfside
High school Arnold
Directions From Wild Heron Way to Prospect Promenade left to East Water Oak Bend. lot on the left.
Standard status Active
APN 35271-335-000
Lot size 0.34 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description WILD HERON PHASE II 5D LOT CII-35 ORB 4155 P 1255
Tax Annual Amount 3230
HOA Fee $750 Quarterly
Legal Description WILD HERON PHASE II 5D LOT CII-35 ORB 4155 P 1255

Amenities

Pool
park fire pits
boardwalks
Boathouse
community room
Listing Agency: Dalton Wade Inc
Listed By: Colleen C Dietrich · License #0658263
Added: Mar 7 Changed: Jul 24 Last Checked: Aug 27 at 7:06PM
MLS# 786478

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 is a buildable lot located in a gated waterfront community, with protected lands to the back and side of the property. The setting provides a measure of privacy while still keeping the lot within walking distance of the lake.

Community amenities described for the neighborhood include a pool, parks with fire pits, and boardwalks on the lake. The community also offers a boathouse and a community room for gatherings.

The owner reports the lot is a short walk to the lake while still being tucked away from traffic.

Key Highlights

  • Lot in gated waterfront community.
  • Protected lands to the back and side of lot.
  • Short walk to the lake, tucked away from traffic.

Property Analytics

Current Use

Waterfront Land

Suggested Use

Top Pick Building Supply Electrical Service Plumbing Service Big Box & Wholesale Store Garden Center HVAC Service

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

17
Businesses Nearby

Demographics for 32413, FL

15,217
Population
16,334
Households
0.9
Avg Household Size
50
Median Age
34%
College-Educated
94%
High-School Grad
108.2 sq mi
ZIP Area
141
Density / Sq Mi
$76,010
Median Household Income
$41,282
Median Earnings
$1,629
Median Rent
$384,000
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Waterfront Land - Buildable lot in a gated waterfront community with protected land to the back and side.
Where is this waterfront land located?
The property is located at 1118 E Water Oak Panama City Beach, FL.
What is the asking price?
The asking price for this property is $265,000.
What are key features of this property?
This property features: Lot in gated waterfront community.; Protected lands to the back and side of lot.; Short walk to the lake, tucked away from traffic.
More about this property
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