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Residential Land for Sale in Panama City, Florida

112 Bayou Ave, Panama City, FL 32401

$39,000
0.2 acres
Active
$5.4k drop
Est $291/mo

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
Community
Grove Heights
Elevation
30 feet
Coordinates
30.1476, -85.6081

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

Nearby schools

NameType
Cherry StreetElementary
EverittMiddle
RutherfordHigh

Listing history

DateEventPriceChangeSource
Jan 9, 2026Price drop$39,000$5,400 -12.2%BCAR
Dec 28, 2025New listing$44,400BCAR
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This 0.2-acre property is located at 112 Bayou Ave in Panama City, FL 32401. The property is available for sale for $39,000.

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