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    00 Highway 2297 Panama City, FL 32404

    For Sale
    $925,000

    18.5 acres of waterfront land near Tyndall Air Force Base.

    Property Features for 00 Highway 2297

    General Information

    Standard status
    Active

    Source: NAI TALCOR Agent ANDERSON J BROOKS

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Waterfront Acres on East Bay

    This property features approximately 18.5 acres of waterfront land located on East Bay, adjacent to Eastern Shipbuilding and Tyndall Air Force Base. It includes roughly 750 feet of waterfront. Municipal utilities are accessible along Highway 2297. The property is zoned as Conservation Habitat in Bay County, which allows for two residential units per acre. An additional area of approximately 80 acres surrounding the property is also available. The Bay County Parcel IDs are 04005-020-000 and 04005-010-000.
    Location Intelligence

    Current Use by Public Records

    Waterfront Properties

    Suggested Use

    Convenience Store Computer & Electronic Repair Pet Store Pet Supply Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Panama City
    County
    Walton
    State
    Florida
    Longitude
    -85.5005923
    Latitude
    30.1461876

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    FAQs

    What type of property is this?
    Waterfront Property - 18.5 acres of waterfront land near Tyndall Air Force Base.
    Where is this waterfront property located?
    The property is located at 00 Highway 2297 Panama City, FL.
    What is the asking price?
    The asking price for this property is $925,000.
    What are key features of this property?
    This property features: - +/- 18.5 waterfront acres on East Bay with +/- 750ft of waterfront - a rare opportunity!; - Conservation Habitat zoning allows for 2 residential units per acre.; - Municipal utilities available along Highway 2297.
    Request Owner's contact information
    00 Highway 2297 Panama City, FL 32404
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    Panama City, FL 32404
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    00 Highway 2297 Panama City, FL 32404
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