
Residential Land for Sale in Panama City, Florida
112 Bayou Ave, Panama City, FL 32401
Just steps from the boat launch you have beautiful views of Lake Martin just a 15 minute drive from Tyndall Air Force Base. Enjoy privacy on this dead end road surrounded by property owned by the City of Springfield and Bay County. Ideally situated near all the conveniences of city life plus the recreation offered by, not only Martin Lake, but St. Andrews Bay right around the corner, Panama City Beaches sugar white sandy beaches less than 30 minutes away by land or water and in the opposite direction the amazing Mexico Beach & it's old Florida charm, pet friendly beaches and amazing fishing/swimming/sunning/etc. Build your dream getaway with beautiful view of Lake Martin on this .2 acre vacant lot, ideally positioned to enjoy the serenity and natural beauty of lakeside living. Property is NOT currently addressed and address is proposed based on surrounding addresses. Located in an AE flood zone, this property offers an excellent opportunity for buyers familiar with elevateed or flood-compliant construction, making it well suited for a custom home designed to maximize views and outdoor living. Whether you envision a peaceful primary residence, a weekend retreat, or an investment property, this lot provides the setting to capture stunning water views and the relaxed lifestyle Lake Martin is know for. Utilities nearby (buyer to verify), and the surrounding area offers boating, fishing, and endless outdoor recreation. A rare opportunity to secure a buildable lot with lake views at an attractive price point-bring your builder and your vision. Property is NOT currently addressed, address is proposed based on surrounding addresses.
Location
- Street address
- 112 Bayou Ave
- County
- Bay County
- Community
- Grove Heights
- Elevation
- 30 feet
Directions
Tyndall Parkway, turn onto Cherry St. toward Martin Lake. If you are at Martin Lake, with water on both sides of you, this property is to your right. Turn right onto Bayou Ave. until it dead ends, look right, thats the lot for sale
Property details
- Lot size
- 0.2 acres8,712 sq ft
- MLS #
- BCAR 782990
- Posted
Property taxes
- 2024
- $297
Parcels
- 24050-000-000
Legal description
GROVE HTS SUBDIV -118C4- LOT 84 ORB 1059 P 384 ORB 2748 P 402
Nearby schools
| Name | Type |
|---|---|
| Cherry Street | Elementary |
| Everitt | Middle |
| Rutherford | High |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Jan 9, 2026 | Price drop | $39,000 | $5,400 -12.2% | BCAR |
| Dec 28, 2025 | New listing | $44,400 | — | BCAR |









