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Residential Lot in Panama City
For Sale
$165,000

335 Watson Bayou Circle, Panama City, FL 32401

Land, Panama City, FL

Property SizeContact for details
Lot Size0.23 Acres
Days on Market270

Property Features for 335 Watson Bayou Circle

General Information

Property type Land
Property subtype Other
Zoning description Resid Single Family
Subdivision Cove Pointe
Lot features Cul De Sac, Paved
Elementary school Cherry Street
Middle school Jinks
High school Bay
Directions From Hwy W Hwy 98, turn south on 4th Street, the South on Mercedes Ave to 3rd Court, East on 3rd Ct , continue to Watson Bayou Circle. Subject lot is on left next to corner house.
Standard status Active
APN 21267-134-000
Lot size 0.23 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description COVE POINTE LOT 34 ORB 2751 P 1502
Tax Annual Amount 982
HOA Fee $700 Annually
Legal Description COVE POINTE LOT 34 ORB 2751 P 1502

Utilities

Sewer type Public Sewer
Listing Agency: ERA Neubauer Real Estate Inc · ERA Real Estate
Listed By: Tom S Neubauer · License #0136841
Added: Dec 9, 2025 Changed: Aug 19 Last Checked: Sep 5 at 4:06AM
MLS# 782529

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 0.23-acre residential lot is located in a residential community in the Panama City area. Situated on a quiet cul-de-sac, the lot features good backyard privacy and overlooks an open retention area with a view of Watson Bayou. The property has excellent elevations and is conveniently located near downtown, a medical center, and a yacht club. Covenants and other data are available on the subdivision website.

Key Highlights

  • Outstanding lot in a top residential community in the Panama City area.
  • Convenient location to downtown, medical center, and yacht club.
  • Excellent elevations and backyard privacy.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Dental Office Restaurant Real Estate Agency Nail Salon Auto Parts Store Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

689
Businesses Nearby

Demographics for 32401, FL

20,487
Population
10,239
Households
2
Avg Household Size
42
Median Age
20%
College-Educated
86%
High-School Grad
12.5 sq mi
ZIP Area
1,639
Density / Sq Mi
$49,901
Median Household Income
$35,885
Median Earnings
$1,194
Median Rent
$207,000
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Land - Residential lot in a prime Panama City location.
Where is this land located?
The property is located at 335 Watson Bayou Circle Panama City, FL.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: Outstanding lot in a top residential community in the Panama City area.; Convenient location to downtown, medical center, and yacht club.; Excellent elevations and backyard privacy.
More about this property
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