00 Allanton Road, Panama City, FL 32404 (MLS# 729404)

00 Allanton Road, Panama City, FL 32404

$3,750,000

Property Type: Residential Land Lot Size (sq. ft.): 7,274,520 Status: Active

Current Price: $3,750,000 List Date: 2/25/2025 Last Modified: 12/30/2025

Overview

Description

Zoning is 2 units per acre. This serene piece of pristine coastline covers 167 acres in Panama City, Florida, with its approx. 7200 ft (1.3 miles) of shoreline on the Intercoastal Waterway. Located a leisurely boat ride away from the Gulf of Mexico, in the East Bay area, this tract of land is ideal for a waterfront community. This amazing parcel of land is one of the best and most stunning pieces of land with deep water accessibility left in Panama City, Florida with huge potential for development. There are engineering and feasibility studies completed in the past and this property could have 173 up to 232 lots per these studies. There is a complete packet of information on file, along with survey, wetland delineations, and lots of photos.

Listing Details MLS# 729404

Contract Info

List Price/Acre: 22455.09

Location

Street #: 00
Street Name: Allanton
Street Suffix: Road
Area: 05 – Bay County – East
State: FL
Zip Code: 32404
County: Bay
Sub Area: 0516 – Bay East – Sandy Creek/East Callaway Heights
Subdivision: No Named Subdivision
Community/Resort: None
Waterfront: Yes
Parcel ID: 04062-000-000
Elementary School: Callaway
Middle School: Everitt
High School: Rutherford
Directions: From Tyndall Parkway, go east on Hwy. 22 approx. 9 miles, then right on Hwy. 2297, follow approx. 12 miles to Allanton Road. Follow to where road makes a 90 degree turn. Property starts at the water's edge and goes approx. 9/10 mile up the road.
Legal Description: Property includes 3 parcels: 04062-000-000, 04061-000-000, and 03996-010-000. 21 5S 12W – complete legal attached in documents.

General Property Info

Sub-Type: Vacant Land
Lot Dimensions: irregular
Acreage: 167
Lot Size (SqFt): 7274520
Beach Frontage: 7188

Waterfront Feature

Waterfront Feet: 7188
Shore – Beach: Yes
Shore – Natural: Yes

Listing Info, Tax & Legal

HOA Fee: No
Last Taxes: 1000
Last Tax Year: 2021
Brokerage Interest: No Interest
As Is: Yes

Remarks & Misc

Remarks: Zoning is 2 units per acre. This serene piece of pristine coastline covers 167 acres in Panama City, Florida, with its approx. 7200 ft (1.3 miles) of shoreline on the Intercoastal Waterway. Located a leisurely boat ride away from the Gulf of Mexico, in the East Bay area, this tract of land is ideal for a waterfront community. This amazing parcel of land is one of the best and most stunning pieces of land with deep water accessibility left in Panama City, Florida with huge potential for development. There are engineering and feasibility studies completed in the past and this property could have 173 up to 232 lots per these studies. There is a complete packet of information on file, along with survey, wetland delineations, and lots of photos.

More Information

Farm Info

Wooded: Yes

Financing

Cash: Yes
Conventional: Yes

Lot Features

Addl Land Available: Yes
Survey Available: Yes
Waterfront: Yes
Wetlands: Yes
Wooded: Yes

Lot Access

County Road: Yes
Dirt/Clay Road: Yes
Graded/Maintained: Yes

Present Zoning

County: Yes

Association Amenities

Waterfront: Yes

Utilities

Electricity – Connected: Yes
Private Well – Needed: Yes
Septic – Needed: Yes

Waterview

Bay: Yes
Intercoastal Waterwy: Yes

Sale Type

As Is: Yes

Waterfront Type

Bay/Harbor: Yes
Intracoastal Waterway: Yes

Property Features

Farm Info: Wooded Financing: Cash; Conventional Lot Access: County Road; Dirt/Clay Road; Graded/Maintained Lot Features: Addl Land Available; Survey Available; Waterfront; Wetlands; Wooded Sale Type: As Is Utilities: Electricity – Connected; Private Well – Needed; Septic – Needed Waterfront Type: Bay/Harbor; Intracoastal Waterway Waterfront Feature: Shore – Beach; Shore – Natural Waterview: Bay; Intercoastal Waterwy Present Zoning: County

Listing Office: Coastal Choice Realty LLC

Last Updated: December – 30 – 2025

Information deemed reliable but not guaranteed.