305 E Beach Drive Panama City, FL 32401

PRICED AT $4,500,000

Listing Details

  • $4,500,000
  • MLS# 792107
  • Type Land - Commercial
  • Status Active
  • 3.250 acres Lot Size

Description

Pelican Pass at Massalina Bayou presents a rare opportunity to acquire an entitled waterfront development site in the heart of Panama City's waterfront district. The property consists of approximately 3. 247 acres with 650 linear feet direct frontage on Massalina Bayou. Asking price of $4,500,000. The property benefits from a recorded and assignable Development Agreement providing vested rights for residential and marina development. Multiple development paths are supported, including attached residential/townhomes, detached single-family residential, multifamily residential and marina-oriented waterfront development. Zoned Mixed-Use 3 (MU-3)...read more

Features

  • $12,265 Taxes
View All Features

Contact the Listing Agent

Contact the Listing Agent
Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 09/09/2026. The listing information on this page last changed on 09/09/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 09/09/2026 2:06:16 AM EST) or Emerald Coast MLS (last updated Wed 09/09/2026 12:05:25 AM EST) or Central Panhandle Association of Realtors (last updated Wed 09/09/2026 1:17:17 AM EST). Real estate listings held by brokerage firms other than Beachy Beach Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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All Property Features

  • Property Type: Land - Commercial
  • Days on Site: 69
  • Lot Description: Paved
  • Lot Dimensions: 440.0 ft x 325.0 ft
  • Lot Size: 3.25 Acres
  • Parcel#: 20154-000-000
  • Special View Info: Bay, Bayou
  • Taxes: $12,265
  • Utilities: Sewer Available
  • Waterfront: Bayou, Gulf Access, Riprap, Shoreline - Sand, Seawall, Shoreline - Natural, See Remarks

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