Waterfront Land with Bay
For Sale
$14,000,000
Clara Avenue, Panama City Beach, FL 32407
Land, Panama City Beach, FL
Property SizeContact for details
Lot Size124.00 Acres
Days on Market1162
Property Features for Clara Avenue
General Information
Property type
Land
Property subtype
Other
Zoning
City
Lot features
Aerials/ Topo Availbl, Dead End, Easements, Survey Available, Will Divide
Elementary school
Hutchinson Beach
Middle school
Surfside
High school
Arnold
Directions
The property is located on West Bay in Panama City Beach, Florida. The primary access is via the new Clara Avenue extension at the signalized intersection of Panama City Beach Parkway. Parcel ''C'' can be accessed via a 30' easement located on the east-end of Moonlight Bay Drive. Agent must accompany.
Subdivision
27 - Bay County
Standard status
Active
APN
32733-000-000
Lot size
124.00 Acres
Taxes and HOA fees
Tax Year
2022
Tax Description
15 3S 16W -3- 37A ORIG GOVT LOT 2 LESS PCL DESC AS: BEG 1320' N OF SW COR OF LOT 2 TH E 165' N TO BAY WLY ALG BAY TO W LINE LOT 2 S TO POB LESS PCL DESCR AS BEG 1320' N 165' E & 819' N FOR POB TH N 75' SWLY AND SELY TO POB DB 206 P 581 ORB 1409 P 1906 ORB 1425 P 202 ORB 1520 P 1787 ORB 1661 P 1651 LESS -3.1- & -3A- ORB 2111 P 1187 ORB 2281 P 973-976
Tax Annual Amount
2516
Legal Description
15 3S 16W -3- 37A ORIG GOVT LOT 2 LESS PCL DESC AS: BEG 1320' N OF SW COR OF LOT 2 TH E 165' N TO BAY WLY ALG BAY TO W LINE LOT 2 S TO POB LESS PCL DESCR AS BEG 1320' N 165' E & 819' N FOR POB TH N 75' SWLY AND SELY TO POB DB 206 P 581 ORB 1409 P 1906 ORB 1425 P 202 ORB 1520 P 1787 ORB 1661 P 1651 LESS -3.1- & -3A- ORB 2111 P 1187 ORB 2281 P 973-976
Utilities
Water front
1
Listing Agency:
Counts Real Estate Group Inc
(850) 249-3615
Listed By:
Christopher S McCall · License #666647
(850) 814-9889
Added: Jul 1, 2023
Changed: Aug 19
Last Checked: Sep 4 at 2:06AM
MLS# 927841
Copyright © 2026 Emerald Coast 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 waterfront land offering consists of approximately 124 acres on West Bay and is comprised of three parcels, including two larger inland holdings and a smaller parcel with bay frontage. The property includes over 1,200 feet of frontage with expansive views across the Bay, with the bay-front portions identified as two parcels and the interior parcel identified as one parcel. Conceptual site plans, surveys, and maps are noted as available with the listing.
Primary access is described via the Clara Avenue extension, a 100-foot right of way that is now paved close to the south property line, with additional access identified via Moonlight Bay Drive. The site has been annexed into the City of Panama City Beach and is zoned P.U.D. and Conservation.
The listing states the highest-and-best use is residential and/or resort. For detailed information and to arrange a tour, please contact the listing agent.
Primary access is described via the Clara Avenue extension, a 100-foot right of way that is now paved close to the south property line, with additional access identified via Moonlight Bay Drive. The site has been annexed into the City of Panama City Beach and is zoned P.U.D. and Conservation.
The listing states the highest-and-best use is residential and/or resort. For detailed information and to arrange a tour, please contact the listing agent.
Key Highlights
- 124‑acre waterfront development site on West Bay in Panama City Beach with over 1,200 ft of Bay frontage
- 3‑parcel configuration: 59.9‑acre on West Bay, 60.1‑acre interior parcel, and 4.4‑acre parcel on West Bay
- Primary access via Clara Avenue extension with a 100' right of way, now paved near the south property line
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
92
Businesses Nearby
Explore this area
Business Placement
Demographics for 32407, FL
14,366
Population
12,163
Households
1.2
Avg Household Size
41
Median Age
40%
College-Educated
96%
High-School Grad
14.9 sq mi
ZIP Area
964
Density / Sq Mi
$79,052
Median Household Income
$44,027
Median Earnings
$1,792
Median Rent
$403,500
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Waterfront Land - Waterfront parcel with over 1,200 feet on West Bay, comprised of three parcels and accessed via Moonlight Bay Drive.
Where is this waterfront land located?
The property is located at Clara Avenue Panama City Beach, FL.
What is the asking price?
The asking price for this property is $14,000,000.
What are key features of this property?
This property features: 124‑acre waterfront development site on West Bay in Panama City Beach with over 1,200 ft of Bay frontage; 3‑parcel configuration: 59.9‑acre on West Bay, 60.1‑acre interior parcel, and 4.4‑acre parcel on West Bay; Primary access via Clara Avenue extension with a 100' right of way, now paved near the south property line
