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Residential Land for Sale in Panama City Beach, Florida

Moonlight Bay Dr, Panama City Beach, FL 32407

$2,000,000
4.4 acres
Active sale
Est $13,909/mo

Gorgeous +/-4.4 acre secluded property on West Bay. Located at the east-end of Moonlight Bay Drive, which dead-ends into the property. It is known as the 'Oak Grove' as the property has several large oak trees. West Bay on the north side with expansive views across the Bay and a bayou on the south side. Zoned Planned Unit Development (P.U.D.) within the City of Panama City Beach. We believe the highest and best use is single-family residential development. Several large estate sized Bay-front lots could be developed, or one massive estate. The property is accessed via a 30' access easement. Travel from Panama City Beach Parkway past the Legacy Golf Club (f/k/a Holiday Golf Course), through the existing residential neighborhoods of Colony Club, and past Trieste. Left on Moonlight Bay Drive, continue right (east) on Moonlight Bay, which dead-ends into the property. The adjacent two parcels to the east and south are also for sale; A=59.9 Acres on West Bay, B=60.1 Acre interior parcel. The other two large parcels are not contiguous and separated by the small bayou. They are accessed via the Clara Avenue extension. The parcels were annexed into the City of Panama City Beach & zoned P.U.D. & Conservation. The highest-and-best use is single-family residential. Conceptual site plans, wetlands delineation, surveys and maps are attached. Call for detailed information & to setup a tour.

Location

Street address
Moonlight Bay Dr
Zip code
32407
Elevation
20 feet
Coordinates
30.2265, -85.8357

Directions

From Panama City Beach Parkway, travel north on Fairway Boulevard (the entance to Colony Club and Legacy Golf Course), left on Moonlight Bay Drive. Follow north and then continue right (east) on Moonlight Bay Drive, which dead-ends into the property via a 30' easement.

Property details

Acreage
4.4 acres
Zoning
City
MLS #
BCAR 779480
Posted

Property taxes

2024
$5,114

Parcels

  • 32733-010-000

Legal description

Details and features

Listing

Type
Land

Lot

Waterfront
Yes
Features
Paved

Structure

Sewer
Public Sewer

Nearby schools

NameType
Hutchison BeachElementary
SurfsideMiddle
ArnoldHigh

Listing history

DateEventPriceChangeSource
July 9, 2026New listing$2,000,000BCAR
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This 4.4-acre property is located at Moonlight Bay Dr in Panama City Beach, FL 32407. The land is available for sale, priced at $2,000,000 — $454,545 per acre.

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

Checked 1 hour agoUpdated Source

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