Commercial Land for Sale in Panama City, Florida
7222 Boat Race Rd, Panama City, FL 32404
Discover this rare investment opportunity! 7.137 acres of prime waterfront property in Panama City, Florida. Located on beautiful East Bay, directly across from Tyndall Air Force Base. This parcel is on the last deep water access east of Panama City with plans already in place for a state-of-the-art marina. Fully entitled development opportunity with permitted commercial space totaling 16,310 sq/ft, and a 24,394 sq/ft parking lot. And 174 permitted slips. -47 Docks situated in the serene Osprey Inlet. -120 Docks located in the highly sought-after Callaway Bayou. -6 temporary mooring slips and 1 fueling dock with temporary mooring. This property is primed for development and designed to meet the growing demand for marina facilities.
Location
- Street address
- 7222 Boat Race Rd
- County
- Bay County
- Elevation
- 3 feet
Directions
From US-98 BUS E/W Beach Dr in Panama City, turn left onto US-98 BUS E/W 6th St., continue straight onto Tyndall Pkwy., turn left onto Wallace Rd., turn left onto S Berthe Ave, turn right onto Albert Meadow Ln., Turn right onto Sea Fox Dr., property will be straight ahead.
Property details
- Acreage
- 7.14 acres
- Zoning
- Commercial
- MLS #
- ECARMLS 967641
- Posted
Parcels
- 07378-000-000
Legal description
(Sale Consist of 2 Parcels) Parcel ID # 07378-000-000 Parcel ID # 07378-030-000
Details and features
Listing
- Type
- Land
Lot
- Features
- Within 1/2 Mile to Water
Nearby schools
| Name | Level | District | Description |
|---|---|---|---|
| Callaway | Elementary | — | — |
| Everitt | Middle | — | — |
| Bay | High | — | — |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Oct 16, 2025 | Price drop | $1,750,000 | $100,000 -5.4% | ECARMLS |
| Sept 15, 2025 | Price drop | $1,850,000 | $45,000 -2.4% | ECARMLS |
| July 29, 2025 | Relisted | $1,895,000 | — | ECARMLS |
| July 28, 2025 | Listing removed | $1,895,000 | — | Listing agent |
| June 19, 2025 | Price drop | $1,895,000 | $700,000 -27% | ECARMLS |
| Apr 15, 2025 | Price drop | $2,595,000 | $380,000 -12.8% | ECARMLS |
| Feb 3, 2025 | New listing | $2,975,000 | — | ECARMLS |