
Residential Land for Sale in Panama City, Florida
La Paloma Ter, Panama City, FL 32401
Imagine building your coastal sanctuary on this waterfront canvas-a serene home site offering direct bay access with passage to the Gulf on Watson Bayou. Wake up to gentle breezes and panoramic water views, all framed by charming palm trees and open skies. Perfectly positioned, this lot offers the rare combination of a peaceful retreat and vibrant convenience. Just minutes from historic downtown Panama City and less than a mile walk, you can experience revitalized city living-think boutique dining, waterfront parks, the bustling Oyster Trail, unique local shops, and more Whether you're launching kayaks at sunrise, boating out for Gulf adventures, or building a dreamy backyard oasis with a pool and dock, this site has you covered. It's a prime opportunity for a custom residence that blends tranquil waterfront living with easy access to culture and commerce.
Location
- Street address
- La Paloma Ter
- County
- Bay County
- Community
- La Paloma On the Water
- Elevation
- 16 feet
Directions
From 15th St going West turn South on MLK Blvd. and go approximately 1 mile to E. 7th St. and turn Left. As you cross over N. Bonita Ave, the street becomes La Paloma Terrace. The home site is about a tenth of mile around the curve on the bay side.
Property details
- Lot size
- 0.21 acres9,148 sq ft
- MLS #
- BCAR 778247
- Posted
Property taxes
- 2024
- $1,039 - LA PALOMA ON THE WATER LOT 1 ORB 4695 P 782
Parcels
- 22105-100-001
Legal description
LA PALOMA ON THE WATER LOT 1 ORB 4695 P 782
Nearby schools
| Name | Level | District | Description |
|---|---|---|---|
| Cherry Street | Elementary | — | — |
| Jinks | Middle | — | — |
| Bay | High | — | — |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Nov 18, 2025 | Under contract | $169,000 | — | BCAR |
| Aug 28, 2025 | New listing | $169,000 | — | BCAR |