REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 7,500,000
Est. payment /mo
Active
0 Fonza RD Panama City, FL 32409
231.05 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision [No Recorded Subdiv]
MLS Listing ID 772017
HOA Y/N No
Lot Size 231.050 Acres
Acres 231.05
Property Sub-Type Commercial
Property Description
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.
Development 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.
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.
Development 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.
Location
State FL
County Bay
Area 04 - Bay County - North
Interior
Fireplace No
Exterior
Amenities Available Boat Ramp
Waterfront Description Bay Access,Shoreline - Natural,Waterfront
Water Access Desc Bay Access,Shoreline - Natural,Waterfront
Building
Lot Description Acreage, Waterfront
Others
Tax ID 08426-020-000
Acceptable Financing Cash
Listing Terms Cash
Financing Conventional,Seller Financing
Listed by Coldwell Banker Realty