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    000 Panama City, FL 32404

    For Sale
    $435,000

    43.5 Acres, Bay Frontage, Recreational

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 43.5-acre property presents a unique investment opportunity in Panama City, Florida. Located in Bay County, this recreational timberland tract boasts approximately 823 feet of desirable East Bay frontage, offering stunning waterfront views and potential for various uses. The parcel, identified by APN 03988-020-000, is conveniently accessible directly from Highway 22. Surrounded by the Deseret Cattle and Timber Company, this land provides a tranquil setting while maintaining convenient access to local amenities. The asking price for this expansive waterfront property is $435,000. Its size and location make it ideal for a variety of recreational pursuits or potential future development, subject to local zoning regulations. The property is classified as timberland, offering a blend of natural beauty and investment potential. Detailed surveys and environmental reports are recommended for prospective buyers to fully assess the property's potential and suitability for their intended use. This is a rare opportunity to acquire a significant waterfront acreage in a desirable Florida location.

    Property Features for 0 000

    General Information

    Property type
    Agricultural land
    Lot Size
    1,894,860 SF

    HighLights

    • +/- 43.5 Acres East Bay Waterfront in Panama City, FL.
    • Bay County Parcel ID # 03988‑020‑000.
    • +/- 825' of East Bay frontage.
    • Recreational timberland tract adjacent to Deseret Cattle and Timber Company.
    • Direct Highway 22 access.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Panama City
    County
    Bay
    State
    Florida
    Longitude
    -85.7682169
    Latitude
    30.2036035

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    FAQs

    What type of property is this?
    Agricultural land - 43.5 Acres, Bay Frontage, Recreational
    Where is this agricultural land located?
    The property is located at 000 Panama City, FL.
    What is the asking price?
    The asking price for this property is $435,000.
    What are key features of this property?
    This property features: +/- 43.5 Acres East Bay Waterfront in Panama City, FL.; Bay County Parcel ID # 03988-020-000.; +/- 825' of East Bay frontage.
    (850) 814-4490
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    000 Panama City, FL 32404
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    Panama City, FL 32404
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    Realmo Value Estimation

    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.

    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.

    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
    000 Panama City, FL 32404
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