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Residential Land for Sale in Panama City Beach, Florida

306 Moonlight Bay Dr, Panama City Beach, FL 32407

$1,150,000
0.67 acres
Active
ago
Est $8,635/mo

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
Community
Colony Club Harbour PH 1
Elevation
20 feet
Coordinates
30.2285, -85.8434

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

Details and features

Listing

Type
Land

Lot

Waterfront
Seawall

Nearby schools

NameLevelDistrictDescription
Hutchinson BeachElementary
SurfsideMiddle
ArnoldHigh

Listing history

DateEventPriceChangeSource
Jan 13, 2026New listing$1,150,000ECARMLS
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This 0.67-acre property is located at 306 Moonlight Bay Dr in Panama City Beach, FL 32407. The property is available for sale for $1,150,000.

Checked 1 hour ago — Updated

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