Address
000 Moonlight Bay Drive, Panama City Beach, FL
Price
$ 2,000,000
Property Attributes
  • MLS#779480
  • TypeLand
  • Listing Status Active
  • CountyBay
  • CityPanama City Beach
  • Area03 - Bay County - Beach
  • NeighborhoodNo Named Subdivision
  • Zip32407
  • Style
  • Taxes$ 5114
  • Price$ 2,000,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size4.4 Acres
Data Source:
Central Panhandle Association of REALTORS® (CPAR)
Property Description

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.

Elementary School Middle School High School
Hutchison Beach Elementary School Surfside Middle School Arnold High School
Price History
9/24/2025 Listed $2,000,000

General Features

Sewer Public Sewer
Utilities Sewer Available
Property Subtype Unimproved Land
Tax Year 2024
County Bay
Property Type Land
HOA false
Subdivision Name No Named Subdivision
Special Listing Conditions Listed As-Is
Status Active
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.
High School Arnold
City Panama City Beach
Zoning Description City, Other - See Remarks
MLS Area 03 - Bay County - Beach
Lot Size Units Acres
Lot Size Square Feet 191664
Elementary School Hutchison Beach
Land Lease Y/N false
Tax Annual Amount 5114
Middle/Junior High School Surfside
MLS Area Minor 0321 - Beach - North Central
Standard Status Active
Property Sub Type Additional Residential,Unimproved Land
Waterfront Features Bayfront,Gulf Access,Shoreline - Sand,Shoreline - Natural
View Bay,Bayou

Exterior Features

Lot Features Paved
Lot Size Area 4.4
Lot Dimensions Irregular
Lot Size Acres 4.4
Road Frontage Type City Street
Waterfront Y/N true
Road Responsibility Public Maintained Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 32407

Price
AVG $3.01M
$2M
Taxes
AVG $2,607
$5,114

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.