0 Fonza Rd Southport, FL 32409

This exceptional 231-acre bayfront property in Southport, Florida (APN 08426-020-000), presents a unique investment opportunity. Located on North Bay, this fully entitled parcel boasts approximately 8,000 feet of waterfront, offering stunning views and access to sixteen bayous. Previously approved for 218 residential units, the land is ideally situated adjacent to Fanning Bayou, a premier waterfront community. The property's location within Bay County provides easy access to Panama City Beach's renowned white sand beaches, Econfina Springs, and the vibrant amenities of a rapidly growing area. Bay County's strong economy, fueled by a significant military presence, including Tyndall Air Force Base's multi-billion dollar modernization, and a thriving aerospace sector, ensures continued growth and high demand. The area's strategic location, with access to the Port of Panama City, CSX Railroad, and an international airport, further enhances its investment potential. Environmental permits are secured, making this a turnkey development opportunity. With an average of 2,300 new residents annually and projected growth for the next two decades, this property offers substantial long-term value. The asking price is $8,900,000. This is a rare chance to acquire a large-scale development site in a thriving coastal community.