000 Moonlight Bay Drive, Panama City Beach, FL 32407

$2,000,000
Property Type: Residential Land Lot Size (sq. ft.): 191,664 Status: Active
Current Price: $2,000,000 List Date: 9/23/2025 Last Modified: 9/24/2025

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.

More Information MLS# 779480

Contract Info

List Price/Acre: 454545.45 Status: Active List Date: 2025-09-18 List Price: $2,000,000 Current Price: $2,000,000

Location

Sub Area: 0321 – Beach – North Central Community/Resort: None Waterfront: Yes Elementary School: Hutchison Beach Middle School: Surfside High School: Arnold Directions: From Panama City Beach Parkway, travel north on Fairway Boulevard (the entance to Colony Club and Legacy Golf Course), left on Moonlight Bay Drive. Follow north and then continue right (east) on Moonlight Bay Drive, which dead-ends into the property via a 30′ easement. Street #: 000 Street Name: Moonlight Bay Street Suffix: Drive Area: 03 – Bay County – Beach State: FL Zip Code: 32407 County: Bay Subdivision: No Named Subdivision Parcel ID: 32733-010-000 Legal Description: 15 3S 16W -3.1- 37A PRCL 1: COM AT THE SW COR OF ORIGINAL GOV LOT 2 TH N 1320′ W 165′ N 738.44′ FOR POB TH E 566.98′ N 158.17′ M/L TO WATER EDGE NWLY 666′ M/L TO PT LYING N OF POB TH S 430′ TO POB PRCL 2: COM AT THE SW COR OF ORIGINAL GOV LOT 2 TH N 1320′ E 165′ N 819′ M/L TO WATER’S EDGE & FOR POB CONT N 75′ SELY & SWLY 90′ M/L ALG EDGE OF MARSH TO POB ORB 19

General Property Info

Acreage: 4.4 Lot Size (SqFt): 191664 Lot Dimensions: Irregular Sub-Type: Vacant Land

Listing Info, Tax & Legal

HOA Fee: No Is Subject Leased: No New Buyer Fee: No Last Taxes: 5114 Last Tax Year: 2024 Brokerage Interest: No Interest As Is: Yes

Remarks & Misc

Remarks: 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.

Office/Member Info

Seller Concessions: No

Assumable Mtg Typ

Conventional: 1 None: 1

Financing

Cash: 1 Conventional: 1

Lot Features

Addl Land Available: 1 Aerials/Topo Availbl: 1 Dead End: 1 Irregular: 1 Survey Available: 1 Topographical Survey: 1 Waterfront: 1

Waterfront Feature

Shore – Beach: 1 Shore – Natural: 1 Waterfront Feet: 700

Lot Access

City Street: 1 Easement: 1 Paved Road: 1 Other – See Remarks: 1

Present Zoning

City: 1 Other – See Remarks: 1

Utilities

TV Cable: 1 Electricity – Connected: 1 Garbage: 1 Natural Gas – Available: 1 Public Sewer – Connected: 1 Public Sewer Available: 1

Waterview

Bay: 1 Bayou: 1

Sale Type

As Is: 1

Waterfront Type

Bay/Harbor: 1

Property Features

Assumable Mtg Typ: Conventional; None Financing: Cash; Conventional Lot Access: City Street; Easement; Paved Road; Other – See Remarks Lot Features: Addl Land Available; Aerials/Topo Availbl; Dead End; Irregular; Survey Available; Topographical Survey; Waterfront Sale Type: As Is Utilities: Electricity – Connected; Garbage; Natural Gas – Available; Public Sewer – Connected; Public Sewer Available; TV Cable Waterfront Type: Bay/Harbor Waterfront Feature: Shore – Beach; Shore – Natural Waterview: Bay; Bayou Present Zoning: Other – See Remarks
Listing Office: Counts Real Estate Group Inc
Last Updated: September – 24 – 2025
Information deemed reliable but not guaranteed.