$14,000,000
Panama City Beach, FL 32407
MLS# 927841
1 / 11
Property Description
124 Acres on West Bay in Panama City Beach - ''The Oak Grove on West Bay''. Located on the east-side of Colony Club & Trieste neighborhoods & the Holiday Golf Course. Over 1,200 feet on West Bay with expansive views across the Bay. It is comprised of 3 parcels; A=59.9 Acres on West Bay, B=60.1 Acre interior parcel and C=4.4 Acre parcel on West Bay and accessed via Moonlight Bay Drive. The primary access is via the Clara Avenue extension, which is a 100' right of way, now paved close to the south property line. The site has been annexed into the City of Panama City Beach & zoned P.U.D. & Conservation. The highest-and-best use is residential &/or resort. Conceptual site plans, surveys and maps are attached. Call for detailed information & to setup a tour.
Details
Contract Info
Listing Board: Emerald Coast
List Price/Acre: 112903.23
List Date: 2023-07-01
List Price: $14,000,000
Location, Tax and Legal
Sub Area: 2721 - Beach - North Central
Elementary School: Hutchinson Beach
Middle School: Surfside
High School: Arnold
Legal Description: 15 3S 16W -3- 37A ORIG GOVT LOT 2 LESS PCL DESC AS: BEG 1320' N OF SW COR OF LOT 2 TH E 165' N TO BAY WLY ALG BAY TO W LINE LOT 2 S TO POB LESS PCL DESCR AS BEG 1320' N 165' E & 819' N FOR POB TH N 75' SWLY AND SELY TO POB DB 206 P 581 ORB 1409 P 1906 ORB 1425 P 202 ORB 1520 P 1787 ORB 1661 P 1651 LESS -3.1- & -3A- ORB 2111 P 1187 ORB 2281 P 973-976
General Property Info
Sub-Type: Vacant Land
Acreage: 124
Listing Info, Tax & Legal
Is Subject Leased: No
Assessment Fees: No
New Buyer Fee: No
Last Taxes: 2516
Last Tax Year: 2022
Brokerage Interest: No Interest
As Is: Yes
Remarks & Misc
Remarks: 124 Acres on West Bay in Panama City Beach - ''The Oak Grove on West Bay''. Located on the east-side of Colony Club & Trieste neighborhoods & the Holiday Golf Course. Over 1,200 feet on West Bay with expansive views across the Bay. It is comprised of 3 parcels; A=59.9 Acres on West Bay, B=60.1 Acre interior parcel and C=4.4 Acre parcel on West Bay and accessed via Moonlight Bay Drive. The primary access is via the Clara Avenue extension, which is a 100' right of way, now paved close to the south property line. The site has been annexed into the City of Panama City Beach & zoned P.U.D. & Conservation. The highest-and-best use is residential &/or resort. Conceptual site plans, surveys and maps are attached. Call for detailed information & to setup a tour.
Waterfront
Bay: 1
Intracoastal Wtrwy: 1
Waterfront Feet: 1200
Waterview
Bay: 1
Intracoastal Waterwy: 1
Lot Features
Aerials/Topo Availbl: 1
Dead End: 1
Easements: 1
Survey Available: 1
Will Divide: 1
Lot Access
Dirt/Clay Road: 1
See Remarks: 1
Utilities
Sewer Available: 1
Zoning
City: 1
See Remarks: 1
None
Current Price: $14,000,000
Status Change Info
Status: Active
Location Tax and Legal
Street #: 000
Street Name: Clara
Street Suffix: Avenue
Area: 27 - Bay County
State: FL
Zip Code: 32407
County: Bay
Project Name/Subdivision: NO RECORDED SUBDIVISION
Parcel ID: 32733-000-000
Property Features
Lot Access: Dirt/Clay Road; See Remarks
Lot Features: Aerials/Topo Availbl; Dead End; Easements; Survey Available; Will Divide
Zoning: See Remarks
Waterfront: Bay; Intracoastal Wtrwy
Waterview: Bay; Intracoastal Waterwy
Utilities: Sewer Available
Listing Office: Counts Real Estate Group Inc
Last Updated: December - 17 - 2025
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.
