306 Moonlight Bay Drive, Panama City Beach, FL 32407
$1,150,000
Property Type:
Residential Land
Lot Size (sq. ft.):
29,185
Status:
Active
Current Price:
$1,150,000
List Date:
1/13/2026
Last Modified:
1/16/2026
Listing Details MLS# 783658
Contract Info
- List Price/Acre
- 1716417.91
Location
- Street #
- 306
- 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
- Colony Club Hrbr Ph 1
- Community/Resort
- Colony Club
- Waterfront
- Yes
- Parcel ID
- 32736-022-000
- Elementary School
- Hutchison Beach
- Middle School
- Surfside
- High School
- Arnold
- Directions
- Take Panama City Beach Parkway going East from Pier Park, turn left onto Nautilus Street, then make a right onto Fair Way Circle, turn left onto Fair Way Blvd., then turn left onto Moonlight Bay Drive. You will see the lot between 304 and 308 Moonlight Bay Drive.
- Legal Description
- COLONY CLUB HARBOUR PHASE I LOT 21 MAP 37A ORB 1460 P 578
General Property Info
- Sub-Type
- Residential Lots
- Lot Dimensions
- Approximately 101.1 x 272.9 x 101.1 x 279.2
- Acreage
- 0.67
- Lot Size (SqFt)
- 29185
- Beach Frontage
- 101
Listing Info, Tax & Legal
- HOA Fee
- No
- Last Taxes
- 2430
- Last Tax Year
- 2025
- As Is
- Yes
Remarks & Misc
- Remarks
- TRANQUIL BAYFRONT OPPORTUNITY | 101.1' OF WEST BAY FRONTAGE WITH GULF ACCESS Discover a rare opportunity to create your legacy home at 306 Moonlight Bay Drive, a serene bayfront homesite nestled along the peaceful shores of West Bay in Panama City Beach, Florida. This exceptional parcel offers 101.1 feet of bay frontage and is protected by a fortified seawall already in place, providing long-term shoreline stability while preserving the natural beauty of the property. The surrounding slow-moving saltwater marsh creates a calming, nature-rich setting—one of the Emerald Coast's most beautiful and quietly treasured environments. Located within a designated West Bay sector plan, the area's natural resources are intentionally preserved and protected, enhancing both lifestyle and long-term value. From your future dock, enjoy a scenic 25-minute boat ride to the turquoise waters of the Gulf of Mexico, offering the rare advantage of both sheltered bay boating and easy Gulf access. Despite its peaceful setting, the property is conveniently located near the best of Panama City Beach living, including shopping, dining, golf, and world-renowned white-sand beaches. This unique balance of privacy, accessibility, and natural beauty makes the property ideal for a custom waterfront estate or tranquil coastal retreat. Opportunities like this—bayfront, buildable, and protected—are increasingly rare along West Bay. 306 Moonlight Bay Drive offers the chance to secure a truly special waterfront setting and build something lasting in one of Northwest Florida's most serene bayfront communities.
Financing
- Cash
- Yes
- Conventional
- Yes
More Information
Lot Features
- Waterfront
- Yes
Waterfront Feature
- Shore – Seawall
- Yes
Lot Access
- Paved Road
- Yes
Present Zoning
- Resid Single Family
- Yes
Utilities
- Electricity – Connected
- Yes
- Garbage
- Yes
- Sewer Available
- Yes
Waterview
- Bay
- Yes
Sale Type
- As Is
- Yes
Waterfront Type
- Bay/Harbor
- Yes
Property Features
Financing:
Cash; Conventional
Lot Access:
Paved Road
Lot Features:
Waterfront
Sale Type:
As Is
Utilities:
Electricity – Connected; Garbage; Sewer Available
Waterfront Type:
Bay/Harbor
Waterfront Feature:
Shore – Seawall
Waterview:
Bay
Present Zoning:
Resid Single Family
Listing Office:
Linda Miller Real Estate
Last Updated: January – 16 – 2026
Information deemed reliable but not guaranteed.