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Entitled Waterfront Development Land

305 E Beach Drive Panama City, FL 32401

305 E Beach Drive, Panama City, FL, 32401
$4,500,000
For Sale
Claim this Listing
$4,500,000

LAND - Panama City, FL

Lot Size3.25 Acres
AddedJul 1
Days on Market15
Last RefreshJul 15 at 2:06 am

Property Features for 305 E Beach Drive

General Information

Property type
Land
Property subtype
Other
Standard status
Active
APN
20154-000-000
Lot size
3.25 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
9 4S 14W -1- 70A ALL THAT PART OF NW1/4 OF SW1/4 LYING S & E OF MASSALINA BAYOU LESS DAVIS PLATS & LESS PCLS -1.1- & -1.2 SUBJ TO CONS ESMT OR3108 P1693 SUBJ TO CONS ESMT OR3108 P1714 ORB 4754 P 1342
Tax Annual Amount
12266

Utilities

Water front features
Seawall
Water front
1

Listing agent Chris S McCall License #0666647

Listing office Counts Real Estate Group Inc 2104 Thomas Drive, PANAMA CITY BEACH, FL

Listing date Jul 1, 2026

MLS# 792107 Listing URL

Copyright © 2026 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This sale offers an entitled waterfront development land parcel in the Panama City waterfront district. The property provides approximately 3.25 acres with about 650 linear feet of direct frontage on Massalina Bayou. A recorded and assignable Development Agreement is included, providing vested rights for residential and marina development, with multiple supported development paths.

The development agreement supports attached residential/townhomes, detached single-family residential, multifamily residential, and marina-oriented waterfront development. The property is zoned Mixed-Use 3 (MU-3) within the City of Panama City, and the sale includes Bay County Parcel ID #19528-000-000.

Included materials reference ALTA/topographic survey, existing conditions, townhome concept plans, draft plat, marina layout, single-family lot concept, construction/utility exhibits, and seawall and marina proposals, supporting a partially assembled development evaluation versus raw land.

Key Highlights

  • Approximately 3.247‑acre entitled waterfront development site with 650 linear feet direct frontage on Massalina Bayou
  • Recorded and assignable Development Agreement provides vested rights for residential and marina development
  • Zoned Mixed‑Use 3 (MU‑3) within the City of Panama City

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Waterfront Land

Suggested Use

HVAC Service Grocery & Convenience Store (Bike/Boat/Book/etc) Store Garden Center Law Firm (Bike/Boat/Book/etc) Store Daycare Center Pharmacy Home Appliance Store Auto Parts Store

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

FAQs

What type of property is this?
Waterfront Land - Entitled waterfront site with direct Massalina Bayou frontage and recorded, assignable development agreement in MU-3 zoning.
Where is this waterfront land located?
The property is located at 305 E Beach Drive 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‑acre entitled waterfront development site with 650 linear feet direct frontage on Massalina Bayou; Recorded and assignable Development Agreement provides vested rights for residential and marina development; Zoned Mixed‑Use 3 (MU‑3) within the City of Panama City
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