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TBD 23 3s 16w

Panama City Beach, FL 32407
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Acres10.46

Acres(Lot)

Development opportunity in the heart of Panama City Beach! This approximately 10+ acre parcel offers investment potential with dual zoning--approximately half located within Bay County and zoned AG-2, and approximately half within the City of Panama City Beach and zoned RTH (Residential Townhouse). The RTH zoning presents an opportunity for residential development, and the adjoining AG-2 portion may have the potential to be annexed into the City of Panama City Beach, subject to city approval and applicable requirements. Conveniently located just minutes from Panama City Beach Parkway, shopping, dining, schools, and the Gulf beaches, this property is ideally positioned in one of the area's fastest-growing corridors. Whether you're a builder, developer, or long-term investor, this is a rare opportunity to acquire a sizeable tract with significant residential development potential in a highly desirable location. The property is adjacent to approximately 1.5 miles of the paved Gayle's Trails recreational path along its northern boundary. Buyer to verify zoning, annexation potential, permitted uses, dimensions, utilities, access, development feasibility, and all other pertinent information through their own due diligence.

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Detail Ic Property Details

Property Type : Land

Price : $2,500,000

AD Id : 88365697

MLS Id : 793079

Lot Size : 10.46 Acres(Lot)

County : Bay

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Feature Features

  • Lot Information

    Main Square Feet: 10.46 Lot Size Acres: 10.46 Lot Size Square Feet: 455,638

    Property Information

    Subdivision: No Named Subdivision Source Property Type: Land MLS Area Minor: 0321 - Beach - North Central Zoning Description: Other - See Remarks Property SubType: Commercial

  • Listing Price Information

    Listing Price: $2500000

  • Tax Information

    Parcel Number: 34025-010-000 Tax Legal Desc: 23 3S 16W -1.1- COM AT SW COR OF SEC E 2875.49 N 1574.37' FOR POB TH SWLY 413.25' SELY 208.6' S 294.51' WLY 233.34' N 110.65' NWLY 546.24' SWLY 210.54' NWLY 239.64' NELY 395.79' NELY 594.64' ELY 187.82' TO POB ORB 3772 P 1478

  • Location Information

    Direction: PCB Pkwy to N Alf Coleman Road, left on Victoria Falls, property is at the end/corner of Victoria Falls/Waterfall and Inspiration Falls.
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Nearby Home Value

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6707 Sunrise Drive, Panama City Beach, FL, 32407 $199,000 -- -- -- 0.11 Acre(Lot)
6671 Harbour Boulevard, Panama City Beach, FL, 32407 $85,000 -- -- -- 0.14 Acre(Lot)
6716 Harbour Boulevard, Panama City Beach, FL, 32407 $155,000 -- -- -- 0.08 Acre(Lot)
TBD Wildwood Road, Panama City Beach, FL, 32407 $1,850,000 -- -- -- 10.90 Acres(Lot)
7024 Sunrise Drive, Panama City Beach, FL, 32407 $75,000 -- -- -- 0.12 Acre(Lot)
7413 Front Beach Road, Panama City Beach, FL, 32407 $750,000 -- -- -- 1.13 Acres(Lot)
8304 Panama City Beach .., Panama City Beach, FL, 32407 $950,000 -- -- -- 1.88 Acres(Lot)

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 07/27/2026 @ 16:10

MLS: 793079 LISTED BY: Tina Lamonica, Think Real Estate 850-270-4200 SOURCE: CPAR

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