232 Cathy Place, Panama City Beach, FL 32413

$395,000
Property Type: Residential Land Lot Size (sq. ft.): 6,750 Status: Under Contract – Taking Backups
Current Price: $395,000 List Date: 6/25/2026 Last Modified: 8/07/2026

Overview

Description

Under Contract Seller accepting back up offers.//Prime Oversized Lot Just One Block from the Gulf! !! POSSIBLE OWNER FINANCING! This 6,750 sq ft parcel is zoned R-3, allowing for a duplex, triplex, quadplex, or two townhomes with garages and a pool — or build your coastal dream home with room for a garage and private pool. Located on a quiet, one-block dead-end street in a charming, low-traffic neighborhood, you'll enjoy a peaceful setting that's still just minutes from all the excitement and amenities of Panama City Beach. Take a golf cart ride or stroll to the beach, a locally owned grocery and beverage store, or several popular restaurants. Close to Camp Helen State Park, home to one of Florida's largest coastal dune lakes — perfect for fishing, kayaking, paddleboarding, or crabbing. Whether you're an investor looking to build a profitable multi-family rental or Airbnb, or dreaming of your own personal beach retreat, this property offers flexibility, location, and potentia

Listing Details MLS# 775624

Contract Info

List Price/Acre
2633333.33

Location

Street #
232
Street Name
Cathy
Street Suffix
Place
Area
03 – Bay County – Beach
State
FL
Zip Code
32413
County
Bay
Sub Area
0324 – Beach – West Central
Subdivision
Wells Gulf Beach Estates
Community/Resort
None
Waterfront
No
Parcel ID
38423-000-000
Elementary School
West Bay
Middle School
Surfside
High School
Arnold
Directions
From Highway 79 turn left onto Front Beach Road, Drive about 0.3 miles,then turn right onto Vestavia Street just passing HIghway 79, turn left on Lynn Street for one block then turn right on Cathy Place lot is on your right.
Legal Description
WELLS GULF BEACH EST -20- 21B1 BEG 261' S & 102.5' E OF NW COR BLK 4 E 90' S 75' W 90' N 75' TO POB BLK 4 ORB 4035 P 2191

General Property Info

Sub-Type
Vacant Land
Lot Dimensions
92X76X92X76 APX
Acreage
0.15
Lot Size (SqFt)
6750

Status Change Info

Under Contract Date
2026-08-07

Listing Info, Tax & Legal

HOA Fee
No
Last Taxes
1616
Last Tax Year
2024
Brokerage Interest
No Interest
As Is
Yes

Remarks & Misc

Remarks
Under Contract Seller accepting back up offers.//Prime Oversized Lot Just One Block from the Gulf! !! POSSIBLE OWNER FINANCING! This 6,750 sq ft parcel is zoned R-3, allowing for a duplex, triplex, quadplex, or two townhomes with garages and a pool — or build your coastal dream home with room for a garage and private pool. Located on a quiet, one-block dead-end street in a charming, low-traffic neighborhood, you'll enjoy a peaceful setting that's still just minutes from all the excitement and amenities of Panama City Beach. Take a golf cart ride or stroll to the beach, a locally owned grocery and beverage store, or several popular restaurants. Close to Camp Helen State Park, home to one of Florida's largest coastal dune lakes — perfect for fishing, kayaking, paddleboarding, or crabbing. Whether you're an investor looking to build a profitable multi-family rental or Airbnb, or dreaming of your own personal beach retreat, this property offers flexibility, location, and potential. Mature palms and oaks provide a lush coastal backdrop, with city water hook up readily available and sewer available. An exceptional opportunity in a prime beachside setting! Property in this neighborhood doesn't come available often! Don't miss this opportunity, CALL TODAY/// Let's make this dream your reality. ALL MEASUREMENTS ARE APPROXIMATE AND SHOULD BE VERIFIED BY BUYER.

More Information

Office/Member Info

Seller Concessions
No

Financing

Cash
Yes
Conventional
Yes
Seller Financing
Yes
VA
Yes

Lot Features

Cleared
Yes
Other – See Remarks
Yes

Lot Access

City Street
Yes

Present Zoning

Multi-Family
Yes

Utilities

Water Available
Yes

Sale Type

As Is
Yes

Property Features

Financing: Cash; Conventional; Seller Financing; VA Lot Access: City Street Lot Features: Cleared; Other – See Remarks Sale Type: As Is Utilities: Water Available Present Zoning: Multi-Family
Listing Office: CENTURY 21 Commander Realty
Last Updated: August – 07 – 2026
Information deemed reliable but not guaranteed.