$4,000,000
Panama City, FL 32408
MLS# 796272
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Property Description
THE CLOYSTER -- A RARE WATERFRONT DEVELOPMENT OPPORTUNITY ON NORTH LAGOON DRIVE! Positioned along the water in Panama City Beach, this boutique development is being offered slab-ready and ready to go vertical, providing an exceptional opportunity to bring an exclusive coastal community to life. The Cloyster consists of just 8 homesites -- 4 waterfront and 4 interior -- creating an intimate, private setting with tremendous appeal for both primary and vacation-home buyers. Each homesite is designed to feature its own private swimming pool and private boat slip, giving every future homeowner the waterfront lifestyle that makes Panama City Beach so desirable. Boaters will appreciate direct access to the Gulf of America, making days on the water, fishing, cruising, and sunset outings effortless. With the groundwork already in place and construction ready to move upward, The Cloyster presents a unique opportunity to complete a thoughtfully planned luxury boating community in one of PCB's most sought-after waterfront corridors. Eight residences, private pools, private boat slips, and Gulf access -- a combination that is increasingly difficult to find.
Details
Maps
Contract Info
List Price/Acre: 1587301.59
Status: Active
List Date: 2026-09-08
List Price: $4,000,000
Current Price: $4,000,000
Location
Sub Area: 0319 - Beach - East
Community/Resort: None
Waterfront: Yes
Elementary School: Patronis
Middle School: Surfside
High School: Arnold
Directions: From the Hathaway Bridge, head west into Panama City Beach on US-98, then turn left onto Navy Drive. Continue south on Navy Drive and turn right onto North Lagoon Drive. Follow North Lagoon Drive west to 7801 N Lagoon Drive. The development will be on your left.
Street #: 7801
Street Direction: N
Street Name: Lagoon
Street Suffix: Drive
Area: 03 - Bay County - Beach
State: FL
Zip Code: 32408
County: Bay
Subdivision: No Named Subdivision
Parcel ID: 30578-000-000
Legal Description: 8 4S 15W -23- 58D2 COMM AT INT OF N LI OF SEC WITH S R/W LI OF ST RD 392-A TH NWLY 329.68' FOR POB TH SW 575' (+/-) TO THE WATERS OF GRAND LAGOON TH NWLY 200'(+/-) NE 496'(+/-) TO S R/W LI OF ST RD 392-A SELY 190'(+/-) TO POB ORB 4584 P 1560
General Property Info
Acreage: 2.52
Lot Size (SqFt): 109902
Lot Dimensions: 55.0 ft x 550.0 ft
Sub-Type: Residential Lots
Listing Info, Tax & Legal
HOA Fee: No
Brokerage Interest: Familial Interest - Listing Broker/Licensee related to owner.
As Is: Yes
Remarks & Misc
Remarks: THE CLOYSTER -- A RARE WATERFRONT DEVELOPMENT OPPORTUNITY ON NORTH LAGOON DRIVE! Positioned along the water in Panama City Beach, this boutique development is being offered slab-ready and ready to go vertical, providing an exceptional opportunity to bring an exclusive coastal community to life. The Cloyster consists of just 8 homesites -- 4 waterfront and 4 interior -- creating an intimate, private setting with tremendous appeal for both primary and vacation-home buyers.
Each homesite is designed to feature its own private swimming pool and private boat slip, giving every future homeowner the waterfront lifestyle that makes Panama City Beach so desirable. Boaters will appreciate direct access to the Gulf of America, making days on the water, fishing, cruising, and sunset outings effortless.
With the groundwork already in place and construction ready to move upward, The Cloyster presents a unique opportunity to complete a thoughtfully planned luxury boating community in one of PCB's most sought-after waterfront corridors. Eight residences, private pools, private boat slips, and Gulf access -- a combination that is increasingly difficult to find.
Lot Features
Retention Pond: 1
Riparian Rights: 1
Site Plan: 1
Survey Available: 1
Waterfront: 1
Within 1/2 Mile to Water: 1
Association Amenities
Dock: 1
Waterfront: 1
Utilities
All Utilities: 1
Natural Gas - Available: 1
Public Sewer - Connected: 1
Waterview
Lagoon: 1
Sale Type
As Is: 1
Waterfront Type
Lagoon/Estuary: 1
Property Features
Lot Features: Retention Pond; Riparian Rights; Site Plan; Survey Available; Waterfront; Within 1/2 Mile to Water
Sale Type: As Is
Utilities: All Utilities; Natural Gas - Available; Public Sewer - Connected
Waterfront Type: Lagoon/Estuary
Waterview: Lagoon
Listing Office: EXP Realty LLC
Last Updated: October - 05 - 2026
Information deemed reliable but not guaranteed.