Active

Fonza Road

Panama City, FL 32409
Mark as Favorite
Acres231.05

Acres(Lot)

Rare ±231-acre waterfront development opportunity with ±8,000 feet of natural shoreline on North Bay — now available with flexible deal structures including seller financing and potential joint venture (JV) development partnerships. The seller is actively seeking qualified development partners and is open to creative structuring to bring this site to its highest and best use. Strategically located in Bay County's rapidly expanding north side, the property is just minutes from Northwest Florida Beaches International Airport, Panama City Beach, and the multi-billion-dollar redevelopment of Tyndall Air Force Base. Adjacent to the established Fanning Bayou subdivision and close to Gulf Coast State College's North Bay Campus, this site sits squarely in the path of major regional growth. D evelopment Highlights: * ±231 acres with ±8,000' of natural shoreline * Previously approved for 218 residential units and a school * Utilities nearby; excellent access to infrastructure and major roads * Bay County planning supports new development in this corridor * Ideal for residential, mixed-use, institutional, or recreational development This is one of the largest contiguous, undeveloped waterfront parcels remaining in the area. With strong regional demand, supportive zoning, and a seller willing to structure a deal creatively—including JV partnerships—this property offers a compelling opportunity for developers and investors looking to capitalize on Northwest Florida's growth.

Read More Expand

Detail Ic Property Details

Property Type : Land

Price : $7,500,000

AD Id : 64862507

MLS Id : 772017

Lot Size : 231.05 Acres(Lot)

County : Bay

Subdivision: Belle Isle Villas

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Lot Information

    Main Square Feet: 231.05 Lot Size Acres: 231.05 Lot Size Square Feet: 10,064,625

    Property Information

    Subdivision: [No Recorded Subdiv] Source Property Type: Land MLS Area Minor: 0410 - Bay North - West Deerpoint/Southport Zoning Description: Other - See Remarks, County Property SubType: Commercial

  • Listing Price Information

    Listing Price: $7500000

  • Tax Information

    Parcel Number: 08426-020-000 Tax Legal Desc: 29/32 2S 14W -2.2- 88 BEG NE COR OF NW1/4 OF SEC 32 TH E 808.59' S 117.34' SE 71.74' E 308.9' N 143' E 120.59' N 981.89' TO S ROW LI OF NEWMAN PT RD TH E ALG SAID ROW LI 57.70' ELY 564.64' TO W ROW LI 13TH S ALG W ROW LI OF 13TH ST 483.61 E 690.01' S 404.59' TO SE COR SEC 29 TH S 164.93' TO N ROW LI OF CUTCHENS RD TH WLY ALG N ROW LI 347.19' WLY 55.08' SWLY 58.32' S

  • Location Information

    Direction: From Lynn Haven, north on Hwy 77, left on Hwy 2302, right on 13th St, left on Newman Point Rd. Land is connected to 13th St and Newman Point Rd.
Sell a home like this and save $449,501 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
9812 Summer Creek Drive, Panama City, FL, 32409 $125,000 -- -- -- 1.31 Acres(Lot)
9820 Summer Creek Drive, Panama City, FL, 32409 $199,500 -- -- -- 0.92 Acre(Lot)
9854 Summer Creek Drive, Panama City, FL, 32409 $189,500 -- -- -- 0.68 Acre(Lot)
9862 Summer Creek Drive, Panama City, FL, 32409 $179,500 -- -- -- 0.73 Acre(Lot)
9868 Summer Creek Drive, Panama City, FL, 32409 $169,500 -- -- -- 0.78 Acre(Lot)
9832 Summer Creek Drive, Panama City, FL, 32409 $149,500 -- -- -- 1.33 Acres(Lot)
9824 Summer Creek Drive, Panama City, FL, 32409 $149,500 -- -- -- 1.07 Acres(Lot)
9874 Summer Creek Drive, Panama City, FL, 32409 $169,500 -- -- -- 0.72 Acre(Lot)
9816 Summer Creek Drive, Panama City, FL, 32409 $149,500 -- -- -- 0.90 Acre(Lot)
9806 Summer Creek Drive, Panama City, FL, 32409 $118,125 -- -- -- 0.84 Acre(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 06/07/2026 @ 04:21

MLS: 772017 LISTED BY: Jay Burkey, Coldwell Banker Realty 850-234-6696 SOURCE: CPAR

Selling? Save $449,501 when you sell a home like this

Tour with a ByOwner Agent