2 Acres of Residential Land with Home for Sale in Panama City, Florida

Discover the serene beauty of this approximately 2-acre waterfront property, offering the potential for additional dock space. The charming cypress house, spanning approximately 3,920 square feet, features a cozy three-bedroom, one-bathroom apartment on the second floor and flexible living spaces on the first floor, including an office/bedroom and a kitchen rough-in. Enjoy the convenience of a separate outdoor bathroom for the dock and the comfort of heating and cooling provided by an electronic fire station roll-up door. This property is part of the East Bay subdivision, with a limited number of remaining lots and designated RV/Boat storage. Nestled in Cook's Bayou, it boasts deepwater frontage on St. Andrew's Bay, providing easy access to the Intracoastal Waterway and the Gulf of Mexico. Just a fifteen-minute drive away, you'll find Tyndall Air Force Base and various commercial amenities.