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1025 Hwy 2297 Panama City, FL 32404

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For Sale
$12,000,000

Waterfront land with development potential near major employers.

Type:Land or Vacant Lot
Lot size:
283.00 Acres
Added:
Feb 8, 2025
Days on Market:
444
Last Refresh:
Apr 5 at 9:27 pm

Property Features for 1025 Hwy 2297

General Information

Standard status
Active
Lot size
283.00 Acres
Property subtype
Land or Vacant Lot

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Listing Contact
BRENT B FAISON
BRENT B FAISON

Listing agent BRENT B FAISON

Listing office NAI TALCOR

Listing date Feb 8, 2025

Source Corcoran

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 NAI TALCOR


Overview

Waterfront Development Opportunity

This 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 includes a mix of oak, magnolia, and pine trees. The property consists of approximately 150 upland acres situated on a bluff along the waterfront. A significant portion of the uplands is 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, potentially accommodating 514 units. The Cook's Bayou Bridge has been raised to a clearance of 9 feet 6 inches. The development could include an upland cut marina with slips, docks, and dredging, subject to entitlement. The property is located near Eastern Shipbuilding, which was recently awarded a $10.5 billion US Coast Guard contract, and is 20 minutes from Tyndall AFB, which is undergoing reconstruction with an expanded mission that is expected to create an additional 4,000 jobs.
Property Profile Insight Report 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.

Location Insight

  • Map
  • Local Demand
City
Panama City
County
Walton
State
Florida
Longitude
-85.4986
Latitude
30.1279

FAQs

What type of property is this?
Waterfront Land - Waterfront land with development potential near major employers.
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 access to East Bay and the Gulf of Mexico.; +/- 150 upland acres, mostly in Zone X (outside the 500‑year flood zone).; Zoned Conservation Habitation at 2 units per acre, allowing for 514 units.
More about this property
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