Entitled Waterfront Development
305 E BEACH DR Panama City, FL 32401
305 E BEACH DR, Panama City, FL, 32401
Contact for pricing
For Sale
Contact for pricing
Entitled waterfront development land with an assignable development agreement for residential and marina uses along Massalina Bayou.
Lot Size3.25 Acres
Days on Market16
Property Features for 305 E BEACH DR
General Information
- Standard status
- Active
- Lot size
- 3.25 Acres
- Property subtype
- Land, Special Purpose, Multifamily
Listing Agency
Counts Real Estate Group - Commercial Division
(850) 960-8808
Listed by
Chris McCall, SIOR · License #3168405
Source
Crexi
Added: Jul 6 Updated: Jul 20 at 4:40 pm Checked: Jul 20 at 4:40 pm
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 Counts Real Estate Group - Commercial Division
Investment Insights
Based on property information with market context.
Pelican Pass at Massalina Bayou is an entitled waterfront development site offering recorded, assignable development agreement rights for residential and marina development. The property totals approximately 3.247 acres and features about 650 linear feet of direct frontage on Massalina Bayou.
The site is zoned Mixed-Use 3 (MU-3) within the City of Panama City and supports multiple development paths, including attached residential/townhomes, detached single-family residential, multifamily residential, and marina-oriented waterfront development. The sale includes Bay County Parcel ID #19528-000-000.
Included materials support buyer due diligence and project evaluation, including ALTA/topographic survey, existing conditions, townhome concept plans, draft plat, marina layout, single-family lot concept, construction/utility exhibits, seawall proposal, and marina proposal.
The site is zoned Mixed-Use 3 (MU-3) within the City of Panama City and supports multiple development paths, including attached residential/townhomes, detached single-family residential, multifamily residential, and marina-oriented waterfront development. The sale includes Bay County Parcel ID #19528-000-000.
Included materials support buyer due diligence and project evaluation, including ALTA/topographic survey, existing conditions, townhome concept plans, draft plat, marina layout, single-family lot concept, construction/utility exhibits, seawall proposal, and marina proposal.
Key Highlights
- Approximately 3.247 acres with 650 linear feet of direct waterfront frontage on Massalina Bayou
- Recorded, assignable Development Agreement provides vested rights for residential and marina development
- Multiple development paths supported: attached townhomes, detached single‑family, multifamily, and marina‑oriented waterfront development
Property Analytics
Location Intelligence
Current Use by Public Records
Waterfront Land
Similar For Sale Nearby
FAQs
What type of property is this?
Waterfront Land - Entitled waterfront development land with an assignable development agreement for residential and marina uses along Massalina Bayou.
Where is this waterfront land located?
The property is located at 305 E BEACH DR Panama City, FL.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: Approximately 3.247 acres with 650 linear feet of direct waterfront frontage on Massalina Bayou; Recorded, assignable Development Agreement provides vested rights for residential and marina development; Multiple development paths supported: attached townhomes, detached single‑family, multifamily, and marina‑oriented waterfront development
