0 Allanton Rd Panama City, FL 32404

This exceptional 307-acre property in Allanton, Bay County, Florida, presents a unique investment opportunity. Located on Allanton Rd, zip code 32404, this expansive parcel boasts over half a mile of waterfront access on deep water, providing direct access to the Intracoastal Waterway and convenient access to the Gulf of Mexico. The land is primarily wooded, featuring planted pines, although some hurricane damage is noted. A detailed acreage breakdown is available upon request. The property's proximity to Eastern Shipbuilding Company adds to its strategic location. While currently lacking public water and sewer (requiring well and septic systems), the substantial acreage offers significant potential for various developments. Consideration could include residential subdivisions, creating mini waterfront estates, or establishing mini waterfront horse farms. The possibility exists to acquire additional contiguous properties, expanding the total acreage to over 800 acres. The asking price for this remarkable property is $2,150,000. APN: 03995-000-000.