About This Home

This land at Moonlight Bay Drive in Panama City Beach, FL is listed for $2,000,000 (4.40 acres).

Key Features

  • 4.40 acre lot
  • Waterfront

Amenities

Waterfront
Listing 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.

Location

Moonlight Bay Drive

Panama City Beach, FL 32407

No Named Subdivision

Questions & Answers

This 0-bedroom, 0-bathroom land at Moonlight Bay Drive is listed at $2,000,000. The estimated monthly payment is $10,696 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 4.40 acre lot, Waterfront.

This property is listed by Chris S McCall.

CM

Chris S McCall

License 0666647

Agent at Counts Real Estate Group Inc

Listed by Counts Real Estate Group Inc · Broker phone: (850) 249-3615 · View on Broker Site · Broker website

MLS# 779480· Source: Central Panhandle Association of REALTORS· 404 days on PropertySimple

Copyright © 2026 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Moonlight Bay Drive, Panama City Beach, FL 32407

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