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Recreational Land for Sale in Panama City Beach, Florida

Clara Ave, Panama City Beach, FL 32407

$14,000,000
124 acres
Active sale
Est $103,244/mo

124 Acres on West Bay in Panama City Beach - ''The Oak Grove on West Bay''. Located on the east-side of Colony Club & Trieste neighborhoods & the Legacy Golf Club (f/k/a Holiday Golf Course). Over 1,200 feet of waterfrontage on West Bay with expansive views across the Bay. It is comprised of 3 parcels; A=59.9 Acres on West Bay, B=60.1 Acre interior parcel and C=4.4 Acre parcel on West Bay and accessed via Moonlight Bay Drive. The sellers will not subdivide. The primary access is via the Clara Avenue extension, which is a 100' right of way, now paved close to the south property line. The site has been annexed into the City of Panama City Beach & zoned P.U.D. & Conservation. The highest-and-best use is residential &/or resort. Conceptual site plans, wetlands delineation, surveys and maps are attached. Call for detailed information & to setup a tour.

Location

Street address
Clara Ave
Zip code
32407
Elevation
20 feet
Coordinates
30.2236, -85.8366

Directions

The property is located on West Bay in Panama City Beach, Florida. The primary access is via the new Clara Avenue extension at the signalized intersection of Panama City Beach Parkway. Parcel ''C'' can be accessed via a 30' easement located on the east-end of Moonlight Bay Drive. Agent must accompany.

Property details

Acreage
124 acres
Zoning
City
MLS #
BCAR 675020
Posted

Parcels

  • 32733-000-000

Legal description

Details and features

Listing

Type
Land

Lot

Waterfront
Yes

Nearby schools

NameType
Hutchison BeachElementary
SurfsideMiddle
ArnoldHigh

Listing history

DateEventPriceChangeSource
July 9, 2026New listing$14,000,000BCAR
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This 124-acre property is located at Clara Ave in Panama City Beach, FL 32407. The land is available for sale, priced at $14,000,000 — $112,903 per acre.

Listed by Counts Real Estate Group, (850) 249-3615

Checked 2 hours agoUpdated Source

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