Back to Search
Waterfront Development Opportunity in Panama

Fanning Bayou Drive Panama City, FL 32409

Claim this Listing
For Sale
$5,000,000

Waterfront land suitable for development with deepwater access.

Type:Land
Property size:
36 SF
Price / SF:
$138,888/SF
Added:
Nov 25, 2025
Days on Market:
228
Last Refresh:
May 9 at 1:00 am

Property Features for Fanning Bayou Drive

General Information

Standard status
Active
Size
36 SF
Property subtype
Land

Listing office First Capital Property Group

Listing date Nov 25, 2025

Source Corfac

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 First Capital Property Group


Investment Insights

Based on property information with market context.

This property presents a waterfront development opportunity with R-2 zoning, permitting up to 89 units. The land offers deepwater access via Newman Bayou and North Bay, creating an ideal environment for waterfront residences. It is located 30 minutes from Panama City and Panama City Beach. The site benefits from readily available utilities and completed curb cuts for roadway access. The property size is 36 acres.

Key Highlights

  • Waterfront development opportunity with R‑2 zoning allowing up to 89 units.
  • Deepwater access via Newman Bayou and North Bay.
  • Located 30 minutes from Panama City and Panama City Beach.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Commercial land

FAQs

What type of property is this?
Land - Waterfront land suitable for development with deepwater access.
Where is this land located?
The property is located at Fanning Bayou Drive Panama City, FL.
What is the asking price?
The asking price for this property is $5,000,000.
What are key features of this property?
This property features: Waterfront development opportunity with R‑2 zoning allowing up to 89 units.; Deepwater access via Newman Bayou and North Bay.; Located 30 minutes from Panama City and Panama City Beach.
Contact an agent
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