0 Fonza Road, Panama City, FL 32409
$7,500,000
Property Type:
Commercial Land
Lot Size (sq. ft.):
10,064,625
Status:
Active
Current Price:
$7,500,000
List Date:
4/16/2025
Last Modified:
4/13/2026
Listing Details MLS# 772017
Location, Tax & Legal
- Street Name
- Fonza
- Street Suffix
- Road
- State
- FL
- Zip Code
- 32409
- County
- Bay
- Area
- 04 – Bay County – North
- Subdivision
- [No Recorded Subdiv]
- Parcel ID
- 08426-020-000
- Legal Description
- 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
- Sub Area
- 0410 – Bay North – West Deerpoint/Southport
- Community/Resort
- None
- Waterfront
- Yes
- Elementary School
- Southport
- Middle School
- Deane Bozeman
- High School
- Deane Bozeman
- Directions
- 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.
- HOA Fee
- No
Contract Info
- List Price/Acre
- 32460.51
- Sub-Type
- Vacant Land
- List Type
- Exclusive Right of Sale
- Named Exception
- No
General Property Info
- Acreage
- 231.05
- Lot Size (SqFt)
- 10064625
- Is Subject Leased
- No
Remarks & Misc
- Remarks
- 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.
Financing
- Cash
- Yes
- Conventional
- Yes
- Seller Financing
- Yes
More Information
Lot Features
- Near Public Boat Ramp
- Yes
- Raw Acreage
- Yes
- Waterfront
- Yes
Waterfront Feature
- Shore – Natural
- Yes
Lot/Parcel Access
- County Road
- Yes
- Paved Road
- Yes
Present Zoning
- County
- Yes
- Other – See Remarks
- Yes
Utilities
- Other – See Remarks
- Yes
Waterview
- Bay
- Yes
Waterfront Type
- Bay/Harbor
- Yes
TransportationAccess
- 2 – Lane
- Yes
- County Road
- Yes
- Paved
- Yes
Property Features
TransportationAccess:
2 – Lane; County Road; Paved
Financing:
Cash; Conventional; Seller Financing
Lot Features:
Near Public Boat Ramp; Raw Acreage; Waterfront
Utilities:
Other – See Remarks
Waterfront Type:
Bay/Harbor
Waterfront Feature:
Shore – Natural
Present Zoning:
County; Other – See Remarks
Waterview:
Bay
Listing Office:
Coldwell Banker Realty
Last Updated: April – 13 – 2026
Information deemed reliable but not guaranteed.