
Residential Land for Sale in Panama City Beach, Florida
306 Moonlight Bay Dr, Panama City Beach, FL 32407
TRANQUIL BAYFRONT OPPORTUNITY | 101.1' OF WEST BAY FRONTAGE WITH GULF ACCESS Create your legacy home at 306 Moonlight Bay Drive, a rare bayfront homesite on the peaceful shores of West Bay in Panama City Beach. This buildable parcel offers 101.1 feet of bay frontage and features a fortified seawall already in place, providing shoreline protection and long-term value. Surrounded by a slow-moving saltwater marsh, the setting is serene and naturally beautiful. Located within a designated West Bay sector plan, the area's resources are preserved for the future. Enjoy a 25-minute boat ride to the turquoise waters of the Gulf of Mexico, while remaining close to shopping, dining, golf, and the white-sand beaches of Panama City Beach. Surrounded by a slow-moving saltwater marsh, the setting is serene and naturally beautiful. Located within a designated West Bay sector plan, the area's resources are preserved for the future. Enjoy a 25-minute boat ride to the turquoise waters of the Gulf of Mexico, while remaining close to shopping, dining, golf, and the white-sand beaches of Panama City Beach.
Location
- Street address
- 306 Moonlight Bay Dr
- County
- Bay County
- Community
- Colony Club Harbour PH 1
- Elevation
- 20 feet
Directions
Take Panama City Beach Parkway going East from Pier Park, turn left onto Nautilus Street, then make a right onto Fair Way Circle, turn left onto Fair Way Blvd., then turn left onto Moonlight Bay Drive. You will see the lot between 304 and 308 Moonlight Bay Drive.
Property details
- Lot size
- 0.67 acres29,185 sq ft
- Zoning
- Resid Single Family
- MLS #
- ECARMLS 992817
- Posted
Parcels
- 32736-022-000
Legal description
COLONY CLUB HARBOUR PHASE I LOT 21 MAP 37A ORB 1460 P 578
Details and features
Listing
- Type
- Land
Lot
- Waterfront
- Seawall
Nearby schools
| Name | Level | District | Description |
|---|---|---|---|
| Hutchinson Beach | Elementary | — | — |
| Surfside | Middle | — | — |
| Arnold | High | — | — |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Jan 13, 2026 | New listing | $1,150,000 | — | ECARMLS |







