Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Waterfront Land with Dock Title is generated by Realmo AI

    504 Colorado Avenue, Lynn Haven, FL 32444

    View on Map
    Claim this Listing
    New
    For Sale
    $599,000

    Rare vacant waterfront lot with a like-new dock, two boat slips, and utilities already connected for a faster build.

    Type:Land or Vacant Lot
    Added:
    May 30, 2026
    Days on Market:
    7
    Last Refresh:
    Jun 3 at 2:37 am

    Property Features for 504 Colorado Avenue

    General Information

    Standard status
    Active
    Property subtype
    Land or Vacant Lot

    We can help!

    Listing Contact
    SHANI S LEE
    SHANI S LEE

    Listing agent SHANI S LEE License #3100396

    Listing office CENTURY 21 COMMANDER REALTY

    Listing date May 30, 2026

    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 CENTURY 21 COMMANDER REALTY

    HighLights

    • Vacant waterfront lot with a like‑new dock already in place.
    • Dock includes two boat slips and two wave runner lifts.
    • Water and sewer are already connected, helping reduce upfront groundwork for your build.
    • No HOA, providing flexibility for how you use and develop the property.
    • Located just steps from Panama Country Club for nearby golf, dining, and social amenities.

    Overview

    This rare vacant waterfront lot is set up for a quick path to waterfront living, with a like-new dock already in place. The dock features two boat slips and two wave runner lifts, giving you immediate storage and launch options for multiple types of watercraft. Water and sewer are already connected, reducing early site prep work and helping streamline your timeline as you bring your plans to life. The property also offers the advantage of no HOA, providing flexibility in how you choose to develop your coastal retreat.

    The location is convenient to day-to-day recreation and social life, with the Panama Country Club just steps away. That proximity can make it easier to access golf, dining, and other amenities while still maintaining the privacy and waterfront quiet many buyers are looking for.

    This offering is well suited for buyers who want to build a personal escape without starting from scratch. With waterfront improvements already installed and key utilities in place, it appeals to owners who value time savings, practical readiness, and straightforward waterfront functionality from the outset.
    Location Intelligence

    Current Use by Public Records

    Waterfront Land

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy Big Box & Wholesale Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Lynn Haven
    County
    Bay
    State
    Florida
    Longitude
    -85.6363101
    Latitude
    30.2501376

    Nearby Similar for Sale

    • $825,000
      6,419 SF

      Lynn Haven Flex/Warehouse Space

      Versatile flex/warehouse space in central Lynn Haven location.
      1119 Florida Avenue, Lynn Haven, FL 32444
      View Details
    • $84,900

      Versatile Lot in Growing Community

      Land with residential and commercial potential in Lynn Haven.
      1404 Virginia Avenue, Lynn Haven, FL 32444
      View Details
    • $84,900

      Versatile Lot in Growing Community

      Commercial lot with high visibility and flexible zoning potential.
      1404 Virginia Avenue, Lynn Haven, FL 32444
      View Details
    • $550,000

      Prime Commercial Lot in Lynn Haven

      Commercial lot with 250' frontage, ideal for various businesses.
      1306 Florida Avenue, Lynn Haven, FL 32444
      View Details
    • $285,000

      Water View Homesite in Lynn Haven

      Spacious homesite with water views and no HOA restrictions.
      744 N Bay Drive, Lynn Haven, FL 32444
      View Details
    • $699,000

      Waterfront Land in Lynn Haven, FL

      Pristine waterfront property with bay views, ready to build.
      4740 Baywood Drive, Lynn Haven, FL 32444
      View Details
    • $150,000

      Residential Lot in Lynn Haven

      Spacious residential lot in a desirable Lynn Haven area.
      Maryland Avenue, Lynn Haven, FL 32444
      View Details
    • $132,000

      Residential Lot in Lynn Haven

      Spacious residential lot in a desirable Lynn Haven area.
      Maryland Avenue, Lynn Haven, FL 32444
      View Details
    • $84,900

      Flexible Development Lot with Visibility

      Versatile lot with strong roadway exposure, supporting single-family, duplex, and select commercial development opportunities.
      1404 Virginia Avenue, Lynn Haven, FL 32444
      View Details
    • $575,000

      Residential Lot in Growing Area

      Vacant residential lot in Lynn Haven, close to amenities.
      1520 Ohio Avenue, Lynn Haven, FL 32444
      View Details
    • $235,000

      Waterfront Homesite in Lynn Haven

      Prime waterfront lot ready for your dream home.
      311 Meadowview Terrace, Lynn Haven, FL 32444
      View Details
    • $500,000
      1,758 SF

      Commercial Land Near Highway Intersection

      Land in prime location suitable for commercial development.
      1307 Florida Avenue, Lynn Haven, FL 32444
      View Details

    FAQs

    What type of property is this?
    Waterfront Land - Rare vacant waterfront lot with a like-new dock, two boat slips, and utilities already connected for a faster build.
    Where is this waterfront land located?
    The property is located at 504 Colorado Avenue Lynn Haven, FL.
    What is the asking price?
    The asking price for this property is $599,000.
    What are key features of this property?
    This property features: Vacant waterfront lot with a like‑new dock already in place.; Dock includes two boat slips and two wave runner lifts.; Water and sewer are already connected, helping reduce upfront groundwork for your build.
    (850) 769-8326
    We can help!
    Listing Contact
    SHANI S LEE
    SHANI S LEE
    Real Estate License ID: 3100396
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    504 Colorado Avenue, Lynn Haven, FL 32444
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!