0 000 Panama City, FL 32404
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.