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Waterfront Development Opportunity on Cook's Bayou
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1025 Hwy 2297, Panama City, FL 32404

Waterfront property with development potential near Eastern Shipbuilding and Tyndall AFB.

Property SizeContact for details
Lot Size150.00 Acres
Days on Market3230

Property Features for 1025 Hwy 2297

General Information

Standard status Active
Lot size 150.00 Acres
Property subtype Land
Zoning Conservation Habitation
Listing Agency: NAI TALCOR - West FL Office
Listed By: Wendy Partie · License #SL3580252
Source: Crexi
Added: Oct 31, 2017 Changed: Aug 14 Last Checked: Aug 14 at 5:57AM

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 NAI TALCOR - West FL Office

Investment Insights

Based on property information with market context.

This waterfront property offers a development opportunity with access to East Bay and the Gulf of Mexico. The property features over 5,600 feet of frontage on Cook's Bayou and includes a mix of oaks, magnolia, and pines. Approximately 150 acres are uplands situated on a bluff along the waterfront. The majority of the uplands are located in Zone X, outside of the 500-year flood zone. The property is zoned Conservation Habitation, allowing for a density of 2 units per acre, or 514 units. Development options include an upland cut marina with slips, residential docks, and dredging. The property is located near Eastern Shipbuilding, which was recently awarded a $10.5 billion US Coast Guard contract, and is 20 minutes from Tyndall AFB. It is also located 1.5 miles from the Gulf Coast Parkway, which is in the FDOT's 5-year plan to connect Hwy 231 to Gulf County.

Key Highlights

  • Waterfront development opportunity with over 5,600' on Cook's Bayou, providing access to East Bay and the Gulf of Mexico.
  • Zoned Conservation Habitation with a density of 2 units per acre, allowing for the development of up to 514 units.
  • Approximately 150 acres of uplands located on a bluff along the waterfront, with the majority zoned X (outside the 500‑year flood zone).

Property Analytics

Current Use

Waterfront Land

Suggested Use

Top Pick Electrical Service Grocery & Convenience Store Computer & Electronic Repair Clothing & Fashion Store

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

11
Businesses Nearby

Demographics for 32404, FL

38,186
Population
18,053
Households
2.1
Avg Household Size
40
Median Age
21%
College-Educated
87%
High-School Grad
135.1 sq mi
ZIP Area
283
Density / Sq Mi
$72,208
Median Household Income
$38,701
Median Earnings
$1,355
Median Rent
$239,700
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Waterfront Land - Waterfront property with development potential near Eastern Shipbuilding and Tyndall AFB.
Where is this waterfront land located?
The property is located at 1025 Hwy 2297 Panama City, FL.
What is the asking price?
The asking price for this property is $12,000,000.
What are key features of this property?
This property features: Waterfront development opportunity with over 5,600' on Cook's Bayou, providing access to East Bay and the Gulf of Mexico.; Zoned Conservation Habitation with a density of 2 units per acre, allowing for the development of up to 514 units.; Approximately 150 acres of uplands located on a bluff along the waterfront, with the majority zoned X (outside the 500‑year flood zone).
(601) 405-9820 Call to check price and availability
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