000 Clara Avenue, Panama City Beach, FL 32407

$14,000,000
Property Type: Residential Land Lot Size (sq. ft.): 5,401,440 Status: Active
Current Price: $14,000,000 List Date: 7/09/2025 Last Modified: 9/18/2025

Overview

Description

124 Acres on West Bay in Panama City Beach – ”The Oak Grove on West Bay”. Located on the east-side of Colony Club & Trieste neighborhoods & the Legacy Golf Club (f/k/a Holiday Golf Course). Over 1,200 feet of waterfrontage on West Bay with expansive views across the Bay. It is comprised of 3 parcels; A=59.9 Acres on West Bay, B=60.1 Acre interior parcel and C=4.4 Acre parcel on West Bay and accessed via Moonlight Bay Drive. The sellers will not subdivide. The primary access is via the Clara Avenue extension, which is a 100′ right of way, now paved close to the south property line. The site has been annexed into the City of Panama City Beach & zoned P.U.D. & Conservation. The highest-and-best use is residential &/or resort. Conceptual site plans, wetlands delineation, surveys and maps are attached. Call for detailed information & to setup a tour.

Listing Details MLS# 675020

Contract Info

List Price/Acre
112903.23

Location

Street #
000
Street Name
Clara
Street Suffix
Avenue
Area
03 – Bay County – Beach
State
FL
Zip Code
32407
County
Bay
Sub Area
0321 – Beach – North Central
Subdivision
No Named Subdivision
Community/Resort
None
Waterfront
Yes
Parcel ID
32733-000-000
Elementary School
Hutchison Beach
Middle School
Surfside
High School
Arnold
Directions
The property is located on West Bay in Panama City Beach, Florida. The primary access is via the new Clara Avenue extension at the signalized intersection of Panama City Beach Parkway. Parcel ''C'' can be accessed via a 30' easement located on the east-end of Moonlight Bay Drive. Agent must accompany.
Legal Description
5 Parcels with long legal descriptions. Bay County Parcel I.D. #'s: 32733-010-000, 32733-000-000, 33996-000-000

General Property Info

Sub-Type
Vacant Land
Lot Dimensions
1169' x 819' x 165' x 1,320' x 1,983' x 1,320'…
Acreage
124
Lot Size (SqFt)
5401440

Waterfront Feature

Waterfront Feet
1200
Shore – Beach
Yes
Shore – Natural
Yes
Other – See Remarks
Yes

Listing Info, Tax & Legal

HOA Fee
No
Is Subject Leased
No
New Buyer Fee
No
Brokerage Interest
No Interest
As Is
Yes

Remarks & Misc

Remarks
124 Acres on West Bay in Panama City Beach – ''The Oak Grove on West Bay''. Located on the east-side of Colony Club & Trieste neighborhoods & the Legacy Golf Club (f/k/a Holiday Golf Course). Over 1,200 feet of waterfrontage on West Bay with expansive views across the Bay. It is comprised of 3 parcels; A=59.9 Acres on West Bay, B=60.1 Acre interior parcel and C=4.4 Acre parcel on West Bay and accessed via Moonlight Bay Drive. The sellers will not subdivide. The primary access is via the Clara Avenue extension, which is a 100' right of way, now paved close to the south property line. The site has been annexed into the City of Panama City Beach & zoned P.U.D. & Conservation. The highest-and-best use is residential &/or resort. Conceptual site plans, wetlands delineation, surveys and maps are attached. Call for detailed information & to setup a tour.

More Information

Assumable Mtg Typ

Conventional
Yes

Financing

Cash
Yes
Conventional
Yes

Lot Features

Aerials/Topo Availbl
Yes
Dead End
Yes
Easements
Yes
Raw Acreage
Yes
Survey Available
Yes
Will Divide
Yes

Lot Access

Dirt/Clay Road
Yes
Easement
Yes
Other – See Remarks
Yes

Present Zoning

City
Yes
Other – See Remarks
Yes

Utilities

Public Sewer Available
Yes
Water Connected
Yes
Other – See Remarks
Yes

Waterview

Bay
Yes
Intercoastal Waterwy
Yes

Sale Type

As Is
Yes

Waterfront Type

Bay/Harbor
Yes
Bayou w/ Gulf Access
Yes
Intracoastal Waterway
Yes
See Remarks
Yes

Property Features

Assumable Mtg Typ: Conventional Financing: Cash; Conventional Lot Access: Dirt/Clay Road; Easement; Other – See Remarks Lot Features: Aerials/Topo Availbl; Dead End; Easements; Raw Acreage; Survey Available; Will Divide Sale Type: As Is Utilities: Public Sewer Available; Water Connected; Other – See Remarks Waterfront Type: Bay/Harbor; Bayou w/ Gulf Access; Intracoastal Waterway; See Remarks Waterfront Feature: Shore – Beach; Shore – Natural; Other – See Remarks Waterview: Bay; Intercoastal Waterwy Present Zoning: Other – See Remarks
Listing Office: Counts Real Estate Group Inc
Last Updated: September – 18 – 2025
Information deemed reliable but not guaranteed.