$950,000
Panama City Beach, FL 32408
MLS# 793579
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Property Description
Approved 15-Lot Residential Development Opportunity. A rare, shovel-ready residential development opportunity in one of Bay County's growing markets. This property offers developers and builders a significant advantage with an approved Development Order already in place for a 15-home residential subdivision, including approved plans for roadway infrastructure and stormwater management. Avoid the lengthy entitlement process and move directly toward construction. This development has been thoughtfully designed to maximize the property's potential while providing an efficient layout for future homeowners. With development approvals secured, investors can save valuable time and reduce the uncertainty often associated with raw land acquisitions. Whether you are an established regional builder or an investor seeking a development-ready project, this property presents an exceptional opportunity to capitalize on the continued demand for new housing in the Panama City Beach area. Development opportunities with approvals already in place are increasingly difficult to find. Bring your construction team and begin planning your next successful community today. For additional information, including the approved Development Order, site plans, and development documents, contact the listing agent.
Details
Maps
Contract Info
List Price/Acre: 452380.95
Status: Active
List Date: 2026-08-03
List Price: $950,000
Current Price: $950,000
Location
Sub Area: 0319 - Beach - East
Community/Resort: None
Waterfront: No
Elementary School: Patronis
Middle School: Breakfast Point
High School: Arnold
Directions: South Navy Boulevard, turn left on Magnolia Beach Road, the property is located on the corner of Magnolia Beach Road and Bear Point Road.
Street #: 4508
Street Name: Magnolia Beach
Street Suffix: Road
Area: 03 - Bay County - Beach
State: FL
Zip Code: 32408
County: Bay
Subdivision: Magnolia Beach
Parcel ID: 31235-010-000
Legal Description: 10 4S 15W -9.10- 69D1 COM NE COR OF SECS TH S 903' W 50' S 264.38' FOR POB TH W 460 SLY 183.49' SELY 339.70' SELYB 77.89' NLY 101.83' N 50' ELY 50' NLY 102.65' TO POB LESS RD R/WS *AND* COM AT SE COR OF SE COR GOVT LOT 7 W 100' FOR POB N 50' E 22.14' SWLY 75.63' N 21.31' TO POB ORB 4751 P 457
General Property Info
Acreage: 2.1
Lot Size (SqFt): 91476
Lot Dimensions: 417.0 ft x 219.0 ft
Sub-Type: Vacant Land
Listing Info, Tax & Legal
HOA Fee: No
Is Subject Leased: No
New Buyer Fee: No
Last Taxes: 5975.24
Last Tax Year: 2025
Brokerage Interest: No Interest
As Is: Yes
Section: 10
Township: 4 South
Range: 15 West
Remarks & Misc
Remarks: Approved 15-Lot Residential Development Opportunity. A rare, shovel-ready residential development opportunity in one of Bay County's growing markets.
This property offers developers and builders a significant advantage with an approved Development Order already in place for a 15-home residential subdivision, including approved plans for roadway infrastructure and stormwater management. Avoid the lengthy entitlement process and move directly toward construction.
This development has been thoughtfully designed to maximize the property's potential while providing an efficient layout for future homeowners. With development approvals secured, investors can save valuable time and reduce the uncertainty often associated with raw land acquisitions.
Whether you are an established regional builder or an investor seeking a development-ready project, this property presents an exceptional opportunity to capitalize on the continued demand for new housing in the Panama City Beach area.
Development opportunities with approvals already in place are increasingly difficult to find. Bring your construction team and begin planning your next successful community today.
For additional information, including the approved Development Order, site plans, and development documents, contact the listing agent.
Office/Member Info
Seller Concessions: No
Lot Features
Build To Suit: 1
Site Plan: 1
Other - See Remarks: 1
Lot Access
County Road: 1
Paved Road: 1
Other - See Remarks: 1
Present Zoning
Resid Single Family: 1
Utilities
All Utilities: 1
Public Sewer Available: 1
Sale Type
As Is: 1
Property Features
Lot Access: County Road; Paved Road; Other - See Remarks
Lot Features: Build To Suit; Site Plan; Other - See Remarks
Sale Type: As Is
Utilities: All Utilities; Public Sewer Available
Present Zoning: Resid Single Family
Listing Office: Think Real Estate
Last Updated: August - 13 - 2026
Information deemed reliable but not guaranteed.