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    Fanning Bayou Dr Southport, FL 32409

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    For Sale
    $5,000,000

    Waterfront land with R-2 zoning, deepwater access, development potential.

    Lot size:
    36.70 Acres

    Property Features for Fanning Bayou Dr

    General Information

    Lot size
    36.70 Acres

    Source: First Capital Property Group, Inc Agent Jesse King

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

    Overview

    Waterfront Development Opportunity

    This waterfront property presents a development opportunity with R-2 zoning already in place, allowing for up to 89 units. The property offers deepwater access via Newman Bayou and North Bay, providing an ideal setting for waterfront living. It is conveniently located just 30 minutes from Panama City and Panama City Beach. Readily available utilities and completed curb cuts ensure seamless roadway access.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Southport
    County
    Bay
    State
    Florida
    Longitude
    -85.6786597
    Latitude
    30.2802657

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    FAQs

    What type of property is this?
    Land - Waterfront land with R-2 zoning, deepwater access, development potential.
    Where is this land located?
    The property is located at Fanning Bayou Dr Southport, FL.
    What is the asking price?
    The asking price for this property is $5,000,000.
    What are key features of this property?
    This property features: - Waterfront development opportunity zoned R-2, allowing up to 89 units.; - Deepwater access via Newman Bayou and North Bay.; - Located 30 minutes from Panama City and Panama City Beach.
    (407) 872-0209
    Request Owner's contact information
    Fanning Bayou Dr Southport, FL 32409
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    Southport, FL 32409
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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
    Fanning Bayou Dr Southport, FL 32409
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