$500,000
Panama City, FL 32404
MLS# 791816
1 / 32
Property Description
Enjoy exceptional waterfront living on this stunning .75-acre property featuring 90 feet of beautiful East Bay shoreline in the heart of Bay County, Florida. Privacy fencing offers the perfect retreat to take in the views, while a newer sprinkler system keeps your garden creations maintained. This property offers an unbeatable lifestyle location. Sidewalks provide easy access to two nearby parks, including a public pier, walking trails, a large wooded playground, and a Frisbee golf course--all within walking distance. Directly across the street, enjoy a wide variety of restaurants, cafes, bakeries, coffee shops, and diverse dining options, including Thai, sushi, Italian, and more. Nearby is a full-service marina that offers charter fishing excursions, waterfront dining, a tiki bar, and social gathering opportunities, creating endless recreational possibilities right outside your door. Zoned Mixed-Use, this property presents incredible opportunities beyond personal enjoyment. Whether you envision a private waterfront retreat, short-term rental investment, multifamily development, townhomes, apartments, or up to 12 units, the development potential is substantial. Its prime frontage along Tyndall Parkway, with thousands of daily passing vehicles, also makes it an outstanding candidate for retail, hospitality, restaurant, or other commercial opportunities. Rarely does a property combine waterfront beauty, walkable amenities, flexible mixed-use zoning, and exceptional development potential in one offering. Whether you're seeking a dream home, income-producing investment, or large-scale development opportunity, this East Bay property delivers endless possibilities. Don't miss this rare chance to own one of Bay County's most versatile waterfront properties. Contact your favorite Realtor today to schedule a private showing or learn more. The Studio Apartment/oversized double garage holds no value unless the Buyer builds a primary dwelling. Some photos have been modified by AI. Buyer to verify any information deemed important.
Details
Maps
Contract Info
List Price/Acre: 666666.67
List Type: Exclusive Right of Sale
Named Exception: No
List Date: 2026-06-24
List Price: $500,000
Current Price: $500,000
Sub-Type: Land/Acres
Location, Tax & Legal
Sub Area: 0202 - Bay - Central SE
Community/Resort: None
Waterfront: Yes
Elementary School: Parker
Middle School: Everitt
High School: Rutherford
Directions: Heading to TAFB from PCB, just pass Under The Oaks Park to the left, drive .8 of a mile, and you will see a sign Pelican Manner this 2935 HWY 98 E is at that sign. Legal Description: BLACKSHEAR-COOPER 1ST ADD (5.01) LOT 5 & NLY 1/2 LOT 6 ORB 851 P 793
HOA Fee: No
Street #: 6135
Street Direction: E
Street Name: Highway 98
State: FL
Zip Code: 32404
County: Bay
Area: 02 - Bay County - Central
Subdivision: No Named Subdivision
Parcel ID: 26224-000-000
Legal Description: BLACKSHEAR-COOPER 1ST ADD (5.01) LOT 5 & NLY 1/2 LOT 6 ORB 851 P 793 SUB TO CITY OF PARKER ESMT
General Property Info
Site Dimensions: 90.0 ft x 365.0 ft
Acreage: 0.75
Lot Size (SqFt): 32670
Is Subject Leased: No
Remarks & Misc
Remarks: Enjoy exceptional waterfront living on this stunning .75-acre property featuring 90 feet of beautiful East Bay shoreline in the heart of Bay County, Florida. Privacy fencing offers the perfect retreat to take in the views, while a newer sprinkler system keeps your garden creations maintained. This property offers an unbeatable lifestyle location. Sidewalks provide easy access to two nearby parks, including a public pier, walking trails, a large wooded playground, and a Frisbee golf course--all within walking distance. Directly across the street, enjoy a wide variety of restaurants, cafes, bakeries, coffee shops, and diverse dining options, including Thai, sushi, Italian, and more. Nearby is a full-service marina that offers charter fishing excursions, waterfront dining, a tiki bar, and social gathering opportunities, creating endless recreational possibilities right outside your door.
Zoned Mixed-Use, this property presents incredible opportunities beyond personal enjoyment. Whether you envision a private waterfront retreat, short-term rental investment, multifamily development, townhomes, apartments, or up to 12 units, the development potential is substantial. Its prime frontage along Tyndall Parkway, with thousands of daily passing vehicles, also makes it an outstanding candidate for retail, hospitality, restaurant, or other commercial opportunities. Rarely does a property combine waterfront beauty, walkable amenities, flexible mixed-use zoning, and exceptional development potential in one offering. Whether you're seeking a dream home, income-producing investment, or large-scale development opportunity, this East Bay property delivers endless possibilities. Don't miss this rare chance to own one of Bay County's most versatile waterfront properties. Contact your favorite Realtor today to schedule a private showing or learn more.
The Studio Apartment/oversized double garage holds no value unless the Buyer builds a primary dwelling.
Some photos have been modified by AI. Buyer to verify any information deemed important.
Other Structures
Workshop: 1
Financing
Cash: 1
Conventional: 1
FHA: 1
VA: 1
Lot Features
Cleared: 1
Landscaped: 1
Sidewalk: 1
Waterfront: 1
Waterfront Feature
Shore - Beach: 1
Shore - Natural: 1
Waterfront Feet: 90
Utilities
Public Sewer - Connected: 1
Water Connected: 1
Waterview
Bay: 1
Waterfront Type
Bay/Harbor: 1
TransportationAccess
4 - Lane: 1
Center Turn Lane: 1
Divided Highway: 1
Status Change Info
Status: Active
Property Features
TransportationAccess: 4 - Lane; Center Turn Lane; Divided Highway
Financing: Cash; Conventional; FHA; VA
Lot Features: Cleared; Landscaped; Sidewalk; Waterfront
Other Structures: Workshop
Utilities: Public Sewer - Connected; Water Connected
Waterfront Type: Bay/Harbor
Waterfront Feature: Shore - Beach; Shore - Natural
Waterview: Bay
Listing Office: Keller Williams Success Realty
Last Updated: June - 24 - 2026
Information deemed reliable but not guaranteed.