7928 W Highway 388, Panama City Beach, FL 32413

$1,699,000
Property Type: Residential Land Lot Size (sq. ft.): 348,480 Status: Active
Current Price: $1,699,000 List Date: 8/03/2025 Last Modified: 4/13/2026

Overview

Description

Discover an incredible opportunity with this 8-acre property located in one of the most rapidly growing areas of Panama City Beach. Zoned WBC (West Bay Center) within the West Bay Sector Plan, this property offers exceptional flexibility for a wide range of development possibilities. At the rear of the property lies a picturesque pond, an ideal focal point for a future community amenity or serene natural retreat. Strategically positioned, this property is just two miles from the bustling Northwest Florida Beaches International Airport and one mile from thriving Latitude Margaritaville Watersound, a vibrant 55+ community poised for significant expansion. Its proximity to the newly established Tallahassee Memorial Healthcare Hospital and a growing commercial hub enhances its appeal. Adjacent to the upscale RiverCamps on Crooked Creek, the property benefits from a tranquil and desirable neighboring community. Utilities, including water and sewer, are conveniently located nearby, providing

Listing Details MLS# 767649

Contract Info

List Price/Acre
212375

Location

Street #
7928
Street Direction
W
Street Name
Highway 388
Area
04 – Bay County – North
State
FL
Zip Code
32413
County
Bay
Sub Area
0411 – Bay North – West Bay
Subdivision
Barrett Sub
Community/Resort
None
Waterfront
No
Parcel ID
32598-000-000
Elementary School
West Bay
Middle School
Surfside
High School
Arnold
Directions
From PCB Parkway (Highway 98), head north on Highway 79. Turn right onto Highway 388. The property is located approximately 1/4 mile on the right.
Legal Description
BARRETT SUBDIV LOT 1 34C ORB 4737 P 443

General Property Info

Sub-Type
Vacant Land
Lot Dimensions
366×989
Acreage
8
Lot Size (SqFt)
348480

Listing Info, Tax & Legal

HOA Fee
No
Last Taxes
1967.2
Last Tax Year
2024
Brokerage Interest
No Interest
As Is
Yes

Remarks & Misc

Remarks
Discover an incredible opportunity with this 8-acre property located in one of the most rapidly growing areas of Panama City Beach. Zoned WBC (West Bay Center) within the West Bay Sector Plan, this property offers exceptional flexibility for a wide range of development possibilities. At the rear of the property lies a picturesque pond, an ideal focal point for a future community amenity or serene natural retreat. Strategically positioned, this property is just two miles from the bustling Northwest Florida Beaches International Airport and one mile from thriving Latitude Margaritaville Watersound, a vibrant 55+ community poised for significant expansion. Its proximity to the newly established Tallahassee Memorial Healthcare Hospital and a growing commercial hub enhances its appeal. Adjacent to the upscale RiverCamps on Crooked Creek, the property benefits from a tranquil and desirable neighboring community. Utilities, including water and sewer, are conveniently located nearby, providing the essential infrastructure and flexibility for a visionary development. Whether you're envisioning a residential enclave or exploring the possibilities of commercial ventures, this prime acreage combines natural beauty, a strategic location and limitless potential to bring your vision to life.

Lot Features

Near Public Boat Ramp
Yes
Survey Available
Yes
Within 1/2 Mile to Water
Yes
Wooded
Yes

More Information

Lot Access

County Road
Yes
Paved Road
Yes

Present Zoning

Commercial
Yes
Multi-Family
Yes
Resid Multi-Family
Yes
Resid Single Family
Yes
Other – See Remarks
Yes

Utilities

Other – See Remarks
Yes

Waterview

Pond
Yes

Property Features

Lot Access: County Road; Paved Road Lot Features: Near Public Boat Ramp; Survey Available; Within 1/2 Mile to Water; Wooded Utilities: Other – See Remarks Waterview: Pond Present Zoning: Commercial; Multi-Family; Resid Multi-Family; Resid Single Family; Other – See Remarks
Listing Office: Scenic Sotheby's International Realty
Last Updated: April – 13 – 2026
Information deemed reliable but not guaranteed.