000 Moonlight Bay Drive, Panama City Beach, FL 32407 (MLS# 779480)

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

Overview

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. Th … (Read more)

Listing Details MLS# 779480

Contract Info

List Price/Acre: 454545.45

Location

Street #: 000
Street Name: Moonlight Bay
Street Suffix: Drive
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: 32733-010-000
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.
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

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

Waterfront Feature

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

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.

More Information

Office/Member Info

Seller Concessions: No

Assumable Mtg Typ

Conventional: Yes
None: Yes

Financing

Cash: Yes
Conventional: Yes

Lot Features

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

Lot Access

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

Present Zoning

City: Yes
Other – See Remarks: Yes

Utilities

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

Waterview

Bay: Yes
Bayou: Yes

Sale Type

As Is: Yes

Waterfront Type

Bay/Harbor: Yes

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.