Listed price in listed location currency (USD).
$4,500,000

000

MLS® 792242

  • Key Facts
  • Description
  • Map

Key Facts

Type Commercial Land
Levels Land
Size -
Garage 
Taxes 
Days Active 3
Lot Size 3.25 Acres
Approx. Age 
MLS® Number 792242

Property Address: 305 E Beach Dr, Panama City, FL, 32401-3244

Average square foot calculated using Size range provided by listing agent.

Description

Pelican Pass at Massalina Bayou presents a rare opportunity to acquire an entitled waterfront development site in the heart of Panama City's waterfront district. The property consists of approximately 3.247 acres with 650 linear feet direct frontage on Massalina Bayou. Asking price of $4, 500, 000. The property benefits from a recorded and assignable Development Agreement providing vested rights for residential and marina development. Multiple development paths are supported, including attached residential/townhomes, detached single-family residential, multifamily residential and marina-oriented waterfront development. Zoned Mixed-Use 3 (MU-3) within the City of Panama City. The sale includes Bay County Parcel ID # 19528-000-000. ALTA/topographic survey, development agreement, existing conditions, townhome concept plans, draft plat, marina layout, single-family lot concept, construction/utility exhibits, seawall proposal and marina proposal. This reduces uncertainty and allows a buyer to immediately evaluate the project as a partially assembled waterfront development opportunity, not raw land.
MLS® Number792242
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
Basement
Driveway
Garage Spaces
Heat
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 6, 2026List Date
$4,500,000List Price
  • Commute

Commute

Starting Address
Destination Address
305 E Beach Dr, Panama City, FL

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Similar Listings

Comparable Properties