$14,000,000
Panama City Beach, FL 32407
MLS# 675020
1 / 44
Property Description
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.
Details
Maps
Contract Info
List Price/Acre: 112903.23
Status: Active
List Date: 2018-08-01
List Price: $14,000,000
Current Price: $14,000,000
Location
Sub Area: 0321 - Beach - North Central
Community/Resort: None
Waterfront: Yes
Elementary School: Hutchison Beach
Middle School: Surfside
High School: Arnold
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.
Street #: 000
Street Name: Clara
Street Suffix: Avenue
Area: 03 - Bay County - Beach
State: FL
Zip Code: 32407
County: Bay
Subdivision: No Named Subdivision
Parcel ID: 32733-000-000
Legal Description: 5 Parcels with long legal descriptions. Bay County Parcel I.D. #'s: 32733-010-000, 32733-000-000, 33996-000-000
General Property Info
Acreage: 124
Lot Size (SqFt): 5401440
Lot Dimensions: 1169' x 819' x 165' x 1,320' x 1,983' x 1,320'...
Sub-Type: Vacant Land
Listing Info, Tax & Legal
HOA Fee: No
Is Subject Leased: No
New Buyer Fee: No
Brokerage Interest: No Interest
As Is: Yes
Remarks & Misc
Remarks: 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.
Assumable Mtg Typ
Conventional: 1
Financing
Cash: 1
Conventional: 1
Lot Features
Aerials/Topo Availbl: 1
Dead End: 1
Easements: 1
Raw Acreage: 1
Survey Available: 1
Will Divide: 1
Waterfront Feature
Shore - Beach: 1
Shore - Natural: 1
Other - See Remarks: 1
Waterfront Feet: 1200
Lot Access
Dirt/Clay Road: 1
Easement: 1
Other - See Remarks: 1
Present Zoning
City: 1
Other - See Remarks: 1
Utilities
Public Sewer Available: 1
Water Connected: 1
Other - See Remarks: 1
Waterview
Bay: 1
Intercoastal Waterwy: 1
Sale Type
As Is: 1
Waterfront Type
Bay/Harbor: 1
Bayou w/ Gulf Access: 1
Intracoastal Waterway: 1
See Remarks: 1
Property Features
Assumable Mtg Typ: Conventional
Financing: Cash; Conventional
Lot Access: Dirt/Clay Road; Easement; Other - See Remarks
Lot Features: Aerials/Topo Availbl; Dead End; Easements; Raw Acreage; Survey Available; Will Divide
Sale Type: As Is
Utilities: Public Sewer Available; Water Connected; Other - See Remarks
Waterfront Type: Bay/Harbor; Bayou w/ Gulf Access; Intracoastal Waterway; See Remarks
Waterfront Feature: Shore - Beach; Shore - Natural; Other - See Remarks
Waterview: Bay; Intercoastal Waterwy
Present Zoning: Other - See Remarks
Listing Office: Counts Real Estate Group Inc
Last Updated: September - 18 - 2025
Information deemed reliable but not guaranteed.