Waterfront Development Opportunity with
For Sale
$2,495,000
1817 Bay Breeze Drive, Panama City, FL 32409
Waterfront property ideal for multifamily development with permits in place.
Property SizeContact for details
Lot Size2.94 Acres
Days on Market364
Property Features for 1817 Bay Breeze Drive
General Information
Standard status
Active
Lot size
2.94 Acres
Property subtype
Land or Vacant Lot
Listing Agency:
HOMECOIN.COM
(888) 400-2513
Listed By:
JONATHAN MINERICK · License #01523060
Source:
Corcoran
Added: Aug 5, 2025
Changed: Jul 6
Last Checked: Aug 3 at 6:06AM
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 HOMECOIN.COM
Investment Insights
Based on property information with market context.
This waterfront property, Bay Breeze Shores, is located along North Bay in Lynn Haven. It presents a development opportunity for investors, with water views and wildlife observation potential. The location is suitable for creating a multifamily community. It is located half a mile from Highway 77, providing access to Downtown Lynn Haven's restaurants and parks, and 15 miles from Northwest Florida Beaches International Airport. Leslie Porter Wayside Park and Bailey Bridge Fishing Pier are located 1 mile away. Dock and seawall permits are in place, providing direct access to the Gulf. The property is zoned High Density Residential with an approved development order for 38 units on 2.92 acres. An additional 0.82 acre out-parcel is available for expansion. The entire property is high and dry. The property's location makes it suitable for various types of developments, including an upscale residential community with waterfront access or a rental resort.
Key Highlights
- Waterfront property with direct Gulf access via existing dock and seawall permits.
- Approved Development Order for 38 high‑density residential units on 2.92 acres.
- Panoramic water views** and a tranquil setting ideal for an exclusive multifamily community.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
28
Businesses Nearby
Explore this area
Business Placement
Demographics for 32409, FL
10,394
Population
4,525
Households
2.3
Avg Household Size
42
Median Age
24%
College-Educated
90%
High-School Grad
126.6 sq mi
ZIP Area
82
Density / Sq Mi
$60,687
Median Household Income
$37,278
Median Earnings
$1,097
Median Rent
$221,500
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Waterfront property ideal for multifamily development with permits in place.
Where is this commercial land located?
The property is located at 1817 Bay Breeze Drive Panama City, FL.
What is the asking price?
The asking price for this property is $2,495,000.
What are key features of this property?
This property features: Waterfront property with direct Gulf access via existing dock and seawall permits.; Approved Development Order for **38 high‑density residential units** on 2.92 acres.; Panoramic water views** and a tranquil setting ideal for an exclusive multifamily community.
