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Residential Land for Sale in Panama City, Florida

La Paloma Ter, Panama City, FL 32401

$169,000
0.21 acres
pending
Under contract

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
Community
La Paloma On the Water
Elevation
16 feet
Coordinates
30.1586, -85.645

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

Nearby schools

NameLevelDistrictDescription
Cherry StreetElementary
JinksMiddle
BayHigh

Listing history

DateEventPriceChangeSource
Nov 18, 2025Under contract$169,000BCAR
Aug 28, 2025New listing$169,000BCAR
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This 0.21-acre property is located at La Paloma Ter in Panama City, FL 32401. The property is pending sale.

Checked 30 mins ago — Updated

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Copyright (C) 2025 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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